Auto Retail News
TrueCar.com: February Used Car Sales Estimated to be up 16.5%
SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, this week released its February 2012 sales and incentives forecast. The forecast shows the following: For February 2012, new light vehicle sales in
Feb 24, 2012
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Cars.com Dealer Training Manager Discusses Setting Up the Dealership’s Brand to Succeed With Today’s New-Car Shopper
Laurie Foster, dealer training manager at Cars.com, is sharing her expertise with automotive dealers and managers on setting up the dealership’s brand to succeed with today’s new-car shopper. Buying a new vehicle isn’t just about price – like
Feb 23, 2012
President of Mudd Advertising Explains How to Convert Web Traffic to Floor Traffic
Rob Mudd, president of digital media at Mudd Advertising and Mudd 360, is sharing his expertise with automotive dealers and managers on CPO/used digital integration strategies. According to Rob, utilized integrated digital platforms allow dealers to
Feb 23, 2012
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Finance & Insurance News
President of Cactus Sky Communications Discusses How to Increase the Internet Department’s Closing Ratio by 5% in 90 Days
Peter Martin, president of Cactus Sky Communications, is sharing his expertise with automotive dealers and managers on how to increase your Internet department’s closing ratio by 5% in 90 days. You will be provided with step-by-step processes that
Feb 23, 2012
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J.D. Power and LMC Automotive Report: Strength in New-Vehicle Retail Sales is Driving Performance in February
WESTLAKE VILLAGE, Calif. — New-vehicle retail sales performance in February has been strong month-to-date, with the selling rate outperforming January’s, according to a monthly sales forecast developed by J.D. Power and Associates Power Informati
Feb 23, 2012
CarFinance.com Takes the Headache Out of Auto Refinancing: Helps Credit Challenged Consumers Reduce Monthly Payments
IRVINE, Calif. — CarFinance.com, the company that is revolutionizing the auto loan process for the more than one in three (36%) consumers with less-than-prime credit[1], today launched a virtually paperless, direct-to-consumer auto loan refinan
Feb 23, 2012
A ‘Firming’ Insurance Market for 2012
After reading the insurance trade journals for the last month, it seems that the operative insurance term of 2012 is firming. Firming is, “insurance-speak” for slowly raising rates. A firming market is one where insurance rates go up at a pace th
Feb 23, 2012
Lithia Motors Reports Used Vehicle Retail Same Store Sales Increased 21%
MEDFORD, OR — Lithia Motors, Inc. reported the highest fourth quarter net income in company history, and more than doubled earnings for the fourth quarter and full year 2011 over the prior year periods. 2011 fourth quarter adjusted income from
Feb 23, 2012
Dollar Thrifty Automotive Group Completes $450 Million Senior Secured Credit Facility
TULSA, Okla. — Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the completion of a new five-year $450 million senior secured credit facility that significantly enhances the Company’s liquidity, as well as its operatin
Feb 23, 2012