Auto Retail News

DULUTH, Ga.– Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported income from continuing operations for the third quarter 2012 of $22.8 million, or $0.72 per diluted

PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (NYSE: HTZ) today announced that it has extended the expiration date of its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Gr

SANTA MONICA, Calif. — Edmunds.com, the premier resource for automotive information, forecasts that 1,132,878 new cars will be sold in October for an estimated Seasonally Adjusted Annual Rate (SAAR) this month of 14.8 million light vehicles. Octobe

Black Book analysts believe the automotive industry may be heading toward an over-production issue with smaller cars. There are more manufacturers producing a higher volume of cars, yet overall consumer demand has not matched this production. Conside

WESTLAKE VILLAGE, Calif. — New-vehicle retail sales in October continue the robust pace from September, with another month of strong double-digit year-over-year growth, according to a monthly sales forecast developed by J.D. Power and Associat

So the old saying goes, “I know half my advertising is wasted, I just don’t know which half.” But that is an old saying, and today with new technology and advanced analytics you no longer have to operate in the dark. Advertising effectiveness w

FORT LAUDERDALE, Fla. — AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, today reported 2012 third quarter net income from continuing operations of $82 million, or $0.66 per share, compared to net income from continuin

SANTA MONICA, Calif. — TrueCar.com released its October 2012 sales and incentives forecast.  The forecast shows the following: For October 2012, new light vehicle sales in the U.S. (including fleet) is expected to be 1,137,744 units, up 11.5

Automotive dealers and managers have always connected with their customers and communities. In the age of digital marketing, something has got lost in translation. With over 955 million active users, Facebook represents the world’s largest local co