With demand for petroleum growing because of the number of vehicles in use worldwide, Nissan president and chief executive officer Carlos Ghosn is ready to lead a charge for change. In a special editorial published by Forbes, Ghosn shares his reason in a piece titled,“Three Ways Carmakers Can Save the World.” “United Nations Secretary-General Ban […] [Read More]

Vincentric released its eighth annual Best Value in America awards Wednesday and highlighting the list of winners was Toyota, whose brands combined to take home 13 awards. The Toyota division was named the best value for passenger car brands, and the automaker’s three divisions were represented in 12 of the 39 individual vehicle awards. Four […] [Read More]

Given that a white paper from DMEautomotive recently discovered that younger consumers are steering more and more to other sources for their service needs, dealers can likely find some solace in what a different study suggested about customer satisfaction with service facilities. Consumers turning to the dealer to take care of their service needs are […] [Read More]

Mercedes-Benz USA revealed Wednesday it has promoted one of its own to the newly created position of senior vice president of sales.  Tapped for the position is Michael Slagter, former vice president of sales for MBUSA. The promotion is effective immediately, and Slagter will report to MBUSA president and chief executive officer Steve Cannon.   [Read More]

Polk discovered on Wednesday that 2011 used commercial vehicle registrations reached a record level for a calendar year, ending up at 791,288 units. The total surpassed the previous record of 671,887 units registered in 2010, and the rise represented a 17.8-percent increase in year-over-year registrations. Polk’s analysis of new and used commercial vehicle registrations (GVW […] [Read More]

In a report from CBS affiliate WBZ-TV from Boston, online car shoppers have reason to be wary.  What WBZ reported as “thousands of used-car buyers,” may be walking right into a scam, which the FBI told the station could be the work of an international organized crime ring. And the scammers might be working their […] [Read More]

College basketball teams like Kentucky, Michigan State, North Carolina and Syracuse might be among the favorites to celebrate a national championship, but the NCAA Tournament winner won’t be the only one “cutting down the nets,” so to speak, on April 2. As the most celebrated three weeks in college hoops is set to get underway, […] [Read More]

As gas prices are expected to rise this spring, Kelley Blue Book released a list that covers the most fuel-efficient vehicles available with five-year Total Cost of Ownership less than $30,000. To help consumers offset the rising price of fuel, these gas sippers include foreign and domestic models, ranging from Nissan’s Versa to the Chevrolet […] [Read More]

When the devastating earthquake and tsunami hit Japan a year ago, it steamrolled into a global vehicle and electronics production crisis that touched almost every aspect of the car business. And the aftermath was not just limited to the new-vehicle market. Even though these effects may not have been as widely talked-out or as obvious, […] [Read More]

Numerous luxury nameplates are gaining traction with Web-surfing car shoppers as these dealers hone in on Internet leads and improve response time, according to the 2012 Pied Piper Prospect Satisfaction Index (PSI). Per the results of the  Internet Lead Effectiveness study which measures auto dealerships responsiveness to customer inquiries received over the internet, Lexus Infiniti […] [Read More]