Over the next several weeks, about 300 World War II veterans from North Carolina will travel to the nation’s capital — many for the first time — to see the national monument that honors them for their U.S. military service.   [Read More]

Used-vehicle sales surged over 38 percent sequentially in March and climbed more than 4 percent on a year-over-year basis, according to CNW Research, which said Monday that passenger cars, in particular, grabbed a greater share of the used market during the month. Specifically, used sales totaled just fewer than 2.5 million units for the month, […] [Read More]

The cost to drive a sedan each year is more than 3 percent higher than it was a year ago, according to AAA, which said that depreciation expenses, in particular, have jumped almost 5 percent year-over-year and remain the heftiest expense for drivers. Specifically, AAA’s “Your Driving Costs” study — which was released Tuesday — indicated […] [Read More]

According to Edmunds.com, sales of new hybrid and electric cars climbed by a significant amount in the first quarter when compared to traditional vehicle sales. More specifically, the company discovered hybrids and electric car sales soared 37 percent in the first quarter of 2011. The growth outpaced sales of traditional gas-powered cars and trucks whose […] [Read More]

As oil prices climbed to more than $108 a barrel, a 30-month high, on Monday, TrueCar.com responded by announcing its choices for top fuel-efficient vehicles. The company also analyzed March transactions prices, as well as incentive trends. Beginning with climbing gas prices, TrueCar.com noted that the current national average is about $3.65 per gallon, which […] [Read More]

Subaru of America was recently honored with the Silver Award at the 2011 Advertising Research Foundation David Ogilvy Awards for Excellence in Advertising. The awards, named after advertising legend David Ogilvy, are given to companies that produce research-driven, successful ad campaigns, officials explained. Subaru won for the "Subaru Love Campaign," which celebrates the legendary love […] [Read More]

Polk’s analysis of 2010 loyalty rates found Ford ended the year with a 63.1 percent owner loyalty rate, the highest among vehicle manufacturers. Ford improved its loyalty rate by 3.9 percentage points over the 2009 level and overtook General Motors for the leading position.  Analysts discovered GM and Toyota rounded out the top three manufacturers […] [Read More]

Announcing how deeply Mazda Foundation is concerned for the well-being of Japanese colleagues, suppliers, employees and their families, the chairman said his group is releasing a donation of $150,000 to the American Red Cross to help. The board of directors of the Mazda Foundation unanimously approved the donation of $150,000 to the American Red Cross […] [Read More]

Dataium’s latest Auto Shopper Intensity Index shows broad declines in activity for Japanese brands starting immediately after the devastating earthquake and tsunami, and firm analysts say it has continued downward since the March 11 tragedy. The ASI Index had already seen softening after the Libyan crisis erupted and average gas prices broke $3.45 per gallon, […] [Read More]

LeaseTrader.com recently discovered its users aren’t offering much of an incentive for another individual to take over their Toyota Prius contract. In fact, site officials determined cash incentives from drivers looking to unload their Toyota Prius lease contract are averaging near zero, down sharply from an average of $450 in January. As a comparison, LeaseTrader.com […] [Read More]