Kelley Blue Book’s Jack Nerad gathered his thoughts Wednesday and made a stiff rebuttal to the recent proclamation issued by the White House and federal regulators about future Corporate Average Fuel Economy standards. Nerad first recapped that automakers have been told they should roll out lineups with the CAFE levels reaching 56 miles per gallon. […] [Read More]

R.L. Polk & Co. revealed Wednesday that it has appointed a director of forecasting for the Americas. Hired to the position is Anthony Pratt, who most recently was head of PricewaterhouseCoopers’ Autofacts team. Pratt’s duties in the new role include overseeing Polk’s forecasting operations in the Americas. He will also head up showcasing, selling and delivering […] [Read More]

Despite being left speechless by the destruction that the March 11 earthquake caused, Akio Toyoda was amazed during his visit by the commitment to moving on shown by the people of Tohoku, the region receiving the biggest blow from the disaster. And in the four-plus months that have followed the devastating earthquake in Japan, the […] [Read More]

In the first two quarters of 2011, dealers fetched higher prices for the new vehicles on their lots than they had in any other six-month span, according to TrueCar’s 2011 first-half analysis. The opening six months of the year were dominated by trends such as this one that arose out of the devastating earthquake in […] [Read More]

No longer is either Honda or Toyota holding the No. 1 spot for brand loyalty on Kelley Blue Book’s website. The top position is still in the possession of a foreign automaker, but Hyundai ousted these traditional mainstays to take headline spot for the second quarter of this year on Kbb.com. Furthermore, site officials mentioned […] [Read More]

With many Baby Boomers close to or already in retirement and older generations well into their golden years, Generation Y appears on the cusp of being the most influential in the auto market. Being able to recruit the educated young professionals in this age group more effectively may help dealerships overcome what The Manus Group […] [Read More]

Auto Remarketing Conferences recently announced that registration is open for Used Car Week, featuring the Certified Pre-Owned Dealer Conference, the National Remarketing Conference and the all-new Re3 (pronounced “ree-three”) Conference. All three events will take place at the Red Rock Casino Resort and Spa in Las Vegas, over the course of one week, Nov. 14-18. [Read More]

TrueCar.com rolled out its monthly Performance Scorecards for manufacturers and brands, and a domestic took the top honors for June. Site analysts determined the top manufacturer on the June scorecards was General Motors, followed by Porsche and Hyundai. Near the bottom of the list were Saab and Mazda. TrueCar.com also revealed brands that received the […] [Read More]

Experian Automotive wanted to offer more information pertinent to dealers beyond the brand loyalty trends it tracks on a quarterly basis. So this week, Experian combined its analysis of both brand loyalty and dealer loyalty, resulting in some interesting findings. For calendar year 2010, Experian discovered dealer loyalty — buyers returning to market and purchasing […] [Read More]

Although gas prices have moderated in recent weeks, there’s no telling what may set off a fuel-price hike down the road. And recent times have shown that price movements certainly impact the auto industry. To shed some light in this area, ALG recently investigated what residual impact a $1-per-gallon increase in fuel costs would trigger […] [Read More]