Carmel, IN— AuctionTrac, a subsidiary of KAR Auction Services, Inc., today announced that the company has successfully located more than 1 million vehicles through its satellite-based GPS tracking system. “This milestone is especially impressive

Hooksett, N.H. — Merchants Leasing is pleased to announce that Tom Coffey has joined the company as Vice President of Sales and Marketing as of October 17, 2011. Tom comes to Merchants with over 25 years experience in the fleet and equipment le

SANTA MONICA, Calif. — In a move that will radically change how previously owned vehicles are bought and sold, TrueCar, Inc. (“TrueCar”), creator of the intelligent automotive marketplace for new cars, has announced the release of

According to The Detroit News, Toyota Motor Corp. is recalling Sienna Minivans to fix an issue with the proper maximum load placards. The story said, the recall includes 210,000 vehicles from the 2011-2012 model years.

With just over a month remaining in 2011, Audi of America achieved a new annual sales record over the hectic holiday shopping weekend. With 102,055 sales of premium cars and SUVs already reported this year, the Audi brand eclipsed the previous sales

Through the Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 5,530 vehicles in November 2011, a decrease of 12%.  On a year-to-date basis, MBCPO sold 68,459 vehicles, a decrease of 8% over the comparable period last year.

For the month of November 2011, Porsche’s Approved Certified Pre-Owned vehicle sales were 556, compared to 642 last year. The year-to-date total is 7,797, compared to 6,852 in the previous year – a 14 percent increase.

In November, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 12,196, a decrease of 3.1% from the 12,580 sold in November 2010.  Year-to-date, BMW used vehicle sales are down 5.3% on volume of 144,882 compared to 153,

CARMEL, Ind. – Leading franchised used car and finance company J.D. Byrider recognized winners of the company’s annual awards at its November convention in Rancho Palos Verdes, Calif. The Franchise of the Year winners were chosen in three categor