Retail

WASHINGTON, D.C. — In a new development in what seems to be an ever growing saga surrounding Toyota, the National Highway Traffic Safety Administration came out Tuesday saying that it is launching a probe to discover if the automaker launched three of its recent recalls in a timely fashion. The NHTSA said it is calling upon […] [Read More]

ORLANDO, Fla. — The American International Automobile Dealers Association named its new chairman while honoring a former holder of the post with the organization's lifetime achievement award. Receiving the honor as the David F. Mungenast Sr. Lifetime Achievement Award winner was Tim Smith of Calabasas, Calif., a longtime AIADA member and past chairman. Smith was bestowed […] [Read More]

DAYTON, Ohio — With reports of security breaches and data swipes making headlines in various business sectors throughout the U.S., the importance of ensuring a secure dealership management system has never been larger. The result of a data breach is not pretty, possibility leading to legal and compliance entanglements. To ensure that its dealer clients have a secure system, Reynolds […] [Read More]

FORT LAUDERDALE, Fla. — In a fourth quarter that saw that company's adjusted net income rise substantially, AutoNation said its new-vehicle sales performance sparked an 8-percent increase in quarterly revenue.  Specifically, quarterly GAAP net income from continuing operations was $62 million, down from $73 million a year ago.  However, officials explained that the fourth quarter of 2009 included […] [Read More]

SANTA MONICA, Calif. — In light of the significant deals being offered as part of Presidents' Day Weekend, TrueCar.com listed 17 different new vehicles it spotted as having potential MSRP discounts anywhere from 10 percent to 21 percent.  Leading the way as the most heavily discounted vehicle was the 2010 Nissan Titan, whose price TrueCar.com predicted would […] [Read More]

CHICAGO — Despite the manufacturer's recent issues, IntelliChoice.com picked four Toyota brand vehicles and one Lexus unit as overall winners in its annual Best Overall Value of the Year Awards. The honored Toyota vehicles included the Prius as the Best Car Value Under $24,000, the FJ Cruiser as the Best Crossover/SUV Value Under $28,000, the Tacoma as […] [Read More]

SANTA MONICA, Calif. — The ongoing turmoil surrounding Toyota prompted Edmunds.com analysts to alter its sales forecast for 2010, sliding the automaker out of the second position in the U.S. Edmunds.com said recalls will push Toyota's market share from 17.57 percent down to 16.45 percent. "The recall will cost Toyota more than a full percentage point […] [Read More]

AUBURN HILLS, Mich. — Chrysler rolled out a new program for customers who trade in a competitive product and purchase a 2010 Chrysler Town & Country or Dodge Grand Caravan. Consumers can drive the vehicle risk-free for 60 days and return it to the brand dealer if they're not satisfied. The automaker said this program, the "Minivan […] [Read More]

OWINGS MILLS, Md. — MotorWeek, an auto news magazine show on Maryland Public Television, unveiled its 2010 Drivers' Choice Awards and the choice for Best of the Year has been in the news recently for other reasons. Producers of the long-running TV show announced the top honor went to the Toyota Prius because they stressed the vehicle […] [Read More]

IRVINE, Calif. — In the spirit of Valentines Day being right around the corner, the editors from Kelley Blue Book created a list of their 10 Newest Car Crushes. The majority of the vehicles on this list are concept cars, but a couple of them might be in dealer inventories soon. KBB mixed together offerings from […] [Read More]