Archive | Auto Industry News

Hyundai, Acura Take Top Honors in KBB’s ‘5-Year Cost to Own’ Awards

IRVINE, Calif. — Five General Motors vehicles from the 2018 model year made Kelley Blue Book’s “2018 5-Year Cost to Own” list, while four Toyota and Lexus vehicle made the vehicle information site’s annual list. The firm named Hyundai as the brand with the lowest ... Read More »

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AUL Surpasses Two Million Contracts Issued

NAPA, Calif. — AUL Corp. surpassed 2 million contracts issued, the vehicle service contract provider announced last week. Officials said the milestone makes the firm one of the top independent VSC providers in the nation. Founded in 1990 by industry icon Luis Nieves, AUL achieved ... Read More » Tags: , ,

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GWC Warranty Earns Two Workplace Recognition Awards

WILKES-BARRE, Pa. — GWC Warranty was recently recognized as a top employer both nationally and locally in the Greater Wilkes-Barre, Pennsylvania region. GWC Warranty was recognized nationally by the National Association of Business Resources, which named the service contract provider as one of the 101 ... Read More » Tags: , ,

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Carvoy Launches New Leasing Platform

NEW YORK — Auto leasing technology provider Carvoy announced the launch of Carvoy Ignite, an end-to-end ecommerce SaaS platform designed to convert auto dealers’ websites into an online marketplace. Now available nationwide, the technology easily integrates with pre-existing systems and requires little to no training for dealership ... Read More »

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Jumpstart: Kia, Lexus, Jeep See Highest Traffic Lifts During Super Bowl LII

SAN FRANCISCO, Calif. — The Kia Stinger’s “Feel Something Again” Super Bowl spot featuring Steven Tyler saw the greatest lift in interest across Jumpstart Automotive Media’s portfolio of publishers, the media company reported this week. The finding is part of the company’s annual Super Bowl ... Read More »

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Manheim: Wholesale Prices Decline for Third Straight Month

ATLANTA — Wholesale used-vehicle prices decreased 0.74% month over month in January. This brought the Manheim Used Vehicle Value Index to 131.0, a 4.9% increase from a year ago but the lowest level since last July. On a year-over-year basis, all major market segments except ... Read More »

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