Auto Retail News

DETROIT — The Vehicle Production Group LLC (VPG) selected Ally Financial as the preferred financing provider for VPG vehicles in the U.S.  Ally Financial will offer wholesale financing, floorplan insurance and remarketing services for VPG dea

DEARBORN, Mich. – Ford Motor Credit Company reported net income of $1.8 billion in 2011, compared with $2 billion a year earlier.  On a pre-tax basis, Ford Credit earned $2.4 billion in 2011, compared with $3.1 billion in the previous year.  T

You need to support your local sales, whether they are called “pig sales, sled sales” or any other names that are used by the small local guys who are not associated with a large syndicated auction group. Your support for local auctions needs to

SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today released its January 2012 sales and incentives forecast.  The forecast shows the following: For January 2012, new light vehicle sales in the

San Clemente, CA  — Award-winning auto dealer CRM solution, DealerSocket (DealerSocket.com), announces the availability of MarketPlace Social, one of eight tools under the DealerSocket MarketPlace umbrella. MarketPlace Social features customizabl

Auction Genius has just announced a unique web-based software solution for auto dealers buying vehicles at auction.  The system provides a quick and simple way to access critical information allowing dealers to make faster and better “buy decisi

DEARBORN, Mich. – Ford Motor Company today reported 2011 full year pre-tax operating profit of $8.8 billion, an increase of $463 million from a year ago, as strong performance in North America and Ford Credit offset challenges in other parts of the

ATLANTA — Significant interest in full-size trucks is a positive indication that the economy appears to be on the mend, according to the January issue of the New Car Insights Report, brought to you by the AutoTrader.com Trend Engine. In addition t

FORT LAUDERDALE, FL – –  AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer,  reported 2011 fourth quarter adjusted net income from continuing operations of $71 million, or $0.51 per share, compared to net inco