Auto Retail News

ATLANTA – Manheim has completed, on schedule, its planned purchase of Dealer Services Corporation (DSC), which reinforces its commitment to provide inventory financing to independent dealers. DSC is a used vehicle floor plan company for independen

Juan Flores, director of vehicle valuation for Kelley Blue Book, is sharing his expertise with automotive dealers and managers on the health of the new and used car market. The tumultuous past few years have had a significant impact on new- and used-

Darnell Holloway, Yelp’s manager of local business outreach, is sharing his expertise with automotive dealers and managers on Yelp and the dealership. Word-of-mouth is moving online, and user generated content websites like Yelp.com are becoming in

SANTA MONICA, Calif.  — February’s incentives spending on new car sales increased month-over-month but still came in at the lowest of any February since 2003, according to an analysis of Edmunds.com’s True Cost of Incentives® (TCISM).

SANTA MONICA, Calif. — TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,605 in February 2012, up $1,943 (6.8 percent) from Febru

CHARLOTTE, N.C. — Sonic Automotive, Inc., one of the nation’s largest automotive retailers, this week reported 2011 fourth quarter adjusted earnings from continuing operations of $25.4 millionfor a 46% increase over the prior year adjus

According to Edmunds.com Senior Analyst Jessica Caldwell, February 2012 was the highest SAAR the auto industry has seen since February 2008, which Caldwell mentioned was the last leap year. Caldwell said in a sales conference call this week the Febru

Palm Harbor, FL  – ChatLead.com, Inc/CarChat24, a leader in 24/7 Staffed Auto Dealer Chat Support, and Dealer Chat Software as a Service, announced today the appointment of Jeff Sterns as Vice President of Sales and Business Development. Sterns jo

Toyota Marin’s Numbers Tell an Impressive Story: Toyota Marin is among the top dealers nationwide in Internet new and used car sales, with 1,710 Internet sales units in 2010 and close to that number for 2011. The dealership ranks 10th in the region