Though the holiday season may be in full swing, it doesn’t mean vehicle thieves are at rest. In fact, a day of celebration that’s just around the corner is proving to be the most theft-prone holiday of them all, according to the National Insurance Crime Bureau. Based on the number of vehicle thefts reported to […] [Read More]

With OEMs pumping out a number of new electric vehicles to consumers, such as the Chevrolet Volt and the new Mitsubishi i, and fossil fuel costs rising, the hybrid and plug-in EV market is moving to take a significant piece of the automotive sales pie, according to a report from Pike Research. By 2017, the […] [Read More]

In the spirit of the holiday season, Lexus is trying its hand at using social media to push its campaign to raise money for Toys for Tots. Under its December to Remember sales event — whose commercials feature the “Big Red Bow” wrapping up Lexus vehicles like gifts — the luxury brand is donating $5 […] [Read More]

Ford Direct revealed Wednesday it has named a new general counsel and chief compliance officer of the company. Chosen for both positions, Meri Glade joins the company to oversee all legal affairs of the organization and provide counsel to the executive management team and the board of directors.  "Meri Glade brings considerable legal experience and […] [Read More]

Automotive website design company DealerFire recently announced it has expanded its sales team. Joining the company as its new national sales director is Carl Bauer, who brings more than 18 years of experience in the automotive industry. Bauer, who has worked at numerous levels in dealerships, including dealer principal, will now head up the team of DealerFire […] [Read More]

Keffer Hyundai is one of the top-selling certified pre-owned dealerships in the U.S. for the Korean automaker. But Dewayne Moser is not satisfied. “We’re number two year-to-date with CPO sales, and we’ve had a goal all year of being number one,” Moser, the store’s vice president, co-owner and general manager, told Auto Remarketing. Moser also holds those […] [Read More]

The recent Thanksgiving weekend was largely a success for dealers, and it appears the shopping mall craze of Black Friday didn’t deter much traffic away from automotive websites, according to Dataium. In fact, the websites of two luxury brands — BMW and Cadillac — actually attracted more shoppers on Black Friday than they normally would […] [Read More]

Fleet solutions company Merchants Leasing revealed Tuesday it has hired a new vice president of sales and marketing. Bringing more than 25 years of experience in the fleet and equipment leasing industry to the company, Tom Coffey has been serving in his new position since this past October. As VP of sales and marketing, Coffey’s role is […] [Read More]

LeaseTrader.com revealed Tuesday that 2011 model year leases have broken its record for largest amount of same-year leases to hit the site. This high lease turnover rate can help speed up the automotive sales cycle, also potentially creating more inventory turnover at the dealership level. BMW, Mercedes, Toyota and Cadillac are the top four brands with the […] [Read More]

As one model made the cut for the 21st consecutive year, Car and Driver unveiled its 10Best list for 2012, recognizing what the publication believes are the best vehicles costing below $80,000. Consisting of seven foreign models and three domestic offerings, half of which cost less than $40,000, officials highlighted the BMW 3-Series/M3 Tuesday as […] [Read More]