Auto Retail News

Local Buffalo Chevy Dealership Wins National Award BUFFALO, N.Y. — On August 2, 2012 local, family owned business Joe Basil Chevrolet a Buffalo Chevy dealershipreceived the General Motors Prestigious Dealer of the Year award. This award attests

TRAVERSE CITY, Mich. – General Motors definition of customer experience is expanding to include what happens before, during, and after the sale – instead of just what happens in the dealership, U.S. Vice President of Customer Experience and Vice

Schaumburg, Ill. — Experian Automotive today announced that consumers continued to make timely automotive loan payments in Q2 2012, lowering the average delinquency rate across all lending organizations, including banks, captive finance arms, finan

According to Manheim Consulting, the Manheim Used Vehicle Value Index fell again in July.  Manheim said wholesale used vehicle prices declined 1.8% in July. This was the fourth consecutive monthly decline and brought the Manheim Used Vehicle Value I

According to Alec Gutierrez, senior market analyst of automotive insights, Kelley Blue Book, the gap between new- and used-vehicle pricing in many segments has narrowed significantly, with new vehicles, on average, selling for only 11.5 percent more

Below please find sales numbers for General Motor’s certified pre-owned vehicles for the month of July 2012: Chevrolet, Buick, GMC July 2012: Month end total sales: 22,039 Month over month percent change vs. June 2012: -8.5% Year over year perc

TORRANCE, Calif. — Toyota Financial Services (TFS) today announced the expansion of its Making Life Easier scholarship program to $1 million for 2013, which will provide scholarships to underserved students through Boys & Girls Clubs of Ame

Alexandria, Va.— Total bankruptcy filings in the United States for July 2012 decreased 12 percent compared to the previous year, according to data provided by Epiq Systems, Inc. July bankruptcy filings totaled 97,073, down from the 110,173 filings

Dealers more frequently finding themselves on the receiving end of a surprise lawsuit In the past 18 months, there has been a clear trend of manufacturers going on the offensive against dealers. In a number of unrelated matters, manufacturers have br