Touting a rather robust fourth quarter and an all-time high for full-year profit, Dollar Thrifty said it closed 2010 with its eighth straight quarter of double-digit year-over-year corporate adjusted EBITDA gains. Specifically, quarterly corporate adjusted EBITDA came in at $30.2 million, up more than 15 percent year-over-year. “This quarter marks our eighth consecutive quarter of […] [Read More]

Should dealers rush out to fill their inventories with fuel-efficient models because of this week’s gas price movements? Maybe not, if reasoning from Edmunds.com has merit. The company stressed that the biggest one-day gain for oil prices in more than two years may focus more of America’s attention on rising fuel costs. But site analysts […] [Read More]

What has Forbes found to be the most value-packed cars? In the midst of rising gas prices, leading the pack on the list from Forbes were compact cars. In fact, this segment was represented by vehicles in three of the top four spots, including the No. 1 model on the list: the Mazda2. The Nissan […] [Read More]

TrueCar.com’s February used-vehicle sales forecast looked mixed when compared to the previous month as well as how the industry performed a year ago. Site analysts believe February used-vehicle sales will total 1,710,750 units, a figure that combines the activities of franchise and independent dealerships as well as private party sales. That total would mark a […] [Read More]

A swift bounce-back from the winter storms that plagued large parts of the U.S. this winter has helped push what J.D. Power and Associates predicts will be a sequential increase in the new-vehicle retail selling rate during February. Based on the February’s first 11 selling days, J.D. Power is projecting the month’s seasonally adjusted annualized […] [Read More]

In a recent entry on his Velocity 2.0 blog, vAuto founder and chairman Dale Pollak employed what he calls a well-known car business adage — “popcorn cars” — and took it a step further to stress the importance in each of the various “ingredients” to strong used-vehicle sales. He explained that just as one must […] [Read More]

Online auto shopping activity aggregator Dataium revealed on Monday its Auto Shopper Intensity Index for January, which remained on the upswing in the midst of robust auto sales. On an individual vehicle basis, the used vehicle with the strongest ASI was the Honda Accord, while the BMW 328 was tops on the new-car side. Overall, […] [Read More]

In its continuing mission to recognize excellence in the industry, along with reporting the latest news, Auto Remarketing revealed today that its April 1 edition is dedicated to honoring women’s contributions to the used-car, remarketing, auction and auto finance industry. No matter what area of the business the female nominee comes from, she must have […] [Read More]

U.S. used commercial vehicle registrations (GVW 3-8) climbed to a record level in 2010, according to Polk. Analysts determined that approximately 672,000 units were registered last year, a figure representing a 21.7-percent increase over the 2009 level. With this increase, Polk asserted last week that used commercial vehicle registrations accounted for nearly 65 percent of […] [Read More]

In TrueCar.com’s January Performance Scorecards that ranked manufacturers and brands across a wide spectrum of criteria, there was one automaker, in particular, that was the head of the class. Not only did Porsche show the most month-over-month improvement for any OEM, but it also was the top scoring manufacturer and tied for the lead among […] [Read More]