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Luxury CPO Sales Up Over 25% in November

Luxury automakers Audi, Mercedes-Benz and Porsche all posted sales gains of over 25%, with Audi posting an all-time record in November. BMW posted a 0.5% sales decrease in November for its Certified Pre-Owned vehicles. See below more information: Aud
Dec 7, 2012

FTC Proposes Modifications to Used Car Rule

Proposed Buyers Guide Sticker Advises Consumers to Seek Vehicle Information History via FTC.gov and Directs Spanish Speakers to a Spanish Version of the Guide As part of the Federal Trade Commission’s systematic review of all of the agency’s rule
Dec 4, 2012

Edmunds.com Advises Holiday Car Buyers how to Properly Review Car Sales Contracts Before Closing the Deal

SANTA MONICA, Calif. — As car shoppers rush to land a good holiday deal this month, Edmunds.com, the premier resource for car shopping and automotive information, advises all buyers to take a moment to carefully review their sales contracts before
Dec 4, 2012

Toyota Recalls 150,000 Vehicles

According to the National Highway Traffic Safety Administration’s website, Toyota is recalling certain model year 2001 through 2004 Tacoma light trucks manufactured from August 28, 2000, through August 27, 2004, and originally sold, or currentl
Dec 2, 2012

KAR Auction Services Announces Secondary Offering of Common Stock

Carmel, IN – November 30, 2012 – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today the commencement of an underwritten offering of up to $200 million of its common stock by existing stockholder KAR Holdings II, LLC (the �
Nov 30, 2012

KAR Auction Services Announces First Cash Dividend

Board Declares Quarterly Dividend of $0.19 per Share Carmel, IN – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today that its Board of Directors has approved the initiation of a quarterly cash dividend on the Company’s com
Nov 30, 2012

Learn How to Maximize Used Vehicle ROI, On The Go

A more competitive and transparent retail environment requires dealers to establish a market-specific strategy to ensure success in their used vehicle departments. vAuto Founder Dale Pollak’s session reveals how to establish a strategy that plays t
Nov 29, 2012

Honda and Acura Rank Highest in ALG’s 14th Annual Residual Value Awards

Toyota family of brands takes home nine awards; Hyundai nets 3 awards, lands second among mainstream brands LOS ANGELES — Los Angeles Auto Show – ALG, the industry benchmark for vehicle values and a leading provider of automotive insights
Nov 29, 2012

Sandy-Damaged Vehicles Hit 230,000 Mark

New York and New Jersey Account for 190,000 DES PLAINES, Ill. — The National Insurance Crime Bureau (NICB) today announced revised estimates for the number of vehicles damaged as a result of Sandy as provided by the Insurance Services Office, Inc.
Nov 29, 2012