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Hertz Extends Exchange Offer to Acquire Dollar Thrifty
PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (“Hertz”) today this week it has extended the expiration date of its exchange offer for all outstanding shares of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) (“Dollar Thri
Sep 15, 2011
Ritchie Bros. Auctioneers breaks ground on permanent auction site in Raleigh-Durham
RALEIGH-DURHAM, NORTH CAROLINA – Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, broke ground on its new 107±-acre permanent auction site in Butner, North Carolina (Granville County) just north of Raleigh-Durham yesterday (
Sep 15, 2011
Why Would you Ever Price a Used Car at $14,995 Again?
While working with one of my clients covering a strategy on changing the price of a vehicle he had priced at $15,298, my first reaction was to tell him to reduce it to $14,995 so he wouldn’t miss any searches done up to $15,000 because of his $298.
Sep 15, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
OVE.com’s Independent Auction Summit Helps Partners Exchange Ideas and Grow Online Sales
ATLANTA – OVE.com – the leading 24/7 bid or buy now wholesale vehicle marketplace – brought independent auctions together again this year for its second annual summit. During the summit, attendees learned how to take advantage of OVE.com to
Sep 15, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
NHTSA Raises Chrysler Minivan Safety Investigation
According to The Detroit News, the National Traffic Safety Administration is increasing a safety investigation it opened to look into complaints from drivers of some Chrysler Minivans. The story said NHTSA has received over 1,000 complaints stating s
Sep 12, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Defective Seatbelt Stitching Causes Honda Recall
According to The Wall Street Journal’s Driver’s Seat blog, Honda has issued a recall to fix a problem with the stitching of the lap belt of the seatbelt. The story said the recall includes over 300,000 Honda Pilot vehicles from the 2009 to 2011 m
Sep 12, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
30,000 Vehicles Recalled for Faulty Tailpipes
Volkswagen of America is recalling about 30,000 2011 Volkswagen Jetta vehicles, the National Highway Traffic Safety Administration website said. The recall is to fix tailpipes that are too long and have been burning people if they are hot, NHTSA’s
Sep 12, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Subaru Issues Two Recalls
Subaru of America has issued two separate recalls. According to the National Highway Traffic Safety Administration website, the first recall includes the 2010-2011 Subaru Legacy and Outback. The website said the Japanese automaker issued the recall t
Sep 12, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
How to Spot Flood-Damaged Cars
SANTA MONICA, Calif. — Used car shoppers — including those not on the East or Gulf coasts — should be on the lookout for flood-damaged vehicles that often hit the market during and after the hurricane season, says Edmunds.com, the premier o
Sep 9, 2011