ALEXANDRIA, Va. — Last night, Republican Scott Brown beat Democrat Martha Coakley in a stunning upset in the U.S. Senate race in Massachusetts. The seat, previously occupied by Democratic stalwart Ted Kennedy, should have been safe for Coakley. Brown's victory, by a solid five percentage points, reflects Americans' frustrations with the political status quo, and changes […] [Read More]

NEW YORK — Forbes.com recently published a list of what it considers to be the most affordable 2010 luxury vehicles, and taking the top spot was the Volvo C70 T5, which was estimated to have a five-year ownership cost of $51,140. Volvo led the way with three units making the list — S80 T6 at No. […] [Read More]

TORRANCE, Calif. — Honda joined the long list of automakers Tuesday that have pledged a significant donation toward earthquake relief efforts in Haiti. The manufacturer has earmarked a donation to the American Red Cross of more than $300,000. Furthermore, the company has given portable generators, water pumps and other Honda products for use during humanitarian relief […] [Read More]

CHICAGO — In an effort to pinpoint specific vehicles that best match typical consumer behaviors and tastes, Cars.com recently made choices for its 2010 Lifestyle Awards. The vehicle the site picked as its Family Car of the Year is the 2010 Ford Flex, while its Work Car of the Year was another vehicle from Ford, the 2010 […] [Read More]

SANTA MONICA, Calif. — During this time of year, when the auto market is in the midst of a traditionally slow season and automakers are less apt to offer incentives, dealers are often more inclined to include discounts to help spur sales, according to TrueCar. In light of this environment, TrueCar, as part of its monthly TrueTrends […] [Read More]

DEARBORN, Mich. — Late last week, the Automotive Hall of Fame honored five industry executives with 2010 Distinguished Service Citations and announced its 2009 Industry Leader of the Year. Among all the recipients, chief executive officers at two automakers were honored, as Hyundai Motor America president and CEO John Krafcik earned a Distinguished Service Citation and […] [Read More]

YONKERS, N.Y. — Consumer Reports released its 2010 Car Brand Perception Survey, and coming in at the top, yet again, was Toyota. As some may know, the publication bases its scoring of individual brands on how they are viewed by consumers in seven categories. These include safety, quality, value, performance, design/style, technology/innovation, and environmentally friendly/green. Officials emphasized […] [Read More]

BEVERLY HILLS, Calif. — Chrysler used the 67th Annual Golden Globe Awards on Sunday night as a platform to fashion a unique fundraiser for Haiti earthquake relief efforts. The personal vehicle of president and chief executive officer of the Chrysler brand Olivier Francois was on display at the entrance of the Beverly Hilton Hotel. Francois asked […] [Read More]

INDIANAPOLIS — Following their arrests after a seven-month investigation by federal, state and local authorities, five alleged members of an auto theft ring have been indicted and could each face up to 20 years in prison and a $250,000 fine. Officials have charged Tommy L. Thompson, Jr.,  of Indianapolis; Christopher Wells, of Indianapolis; Francis W. Coleman, of Laurel, Md.; Carl […] [Read More]

CARY, N.C. — When it came to top topics on AutoRemarketing.com this week, our readers wanted to know which 2010 vehicles would be recommend to consumers most by a well-known online source. Another popular story at AutoRemarketing.com discussed future wholesale market trends based on AuctionNet data. The top five stories from AutoRemarketing.com this week are: 1. Edmunds.com's 2010 […] [Read More]