Auto Retail News

Albany, NY — Auto/Mate Dealership Systems today announced it has relocated its headquarters from Clifton Park, New York to Albany, New York. The move is due to the company’s continued growth and need for a larger facility. Auto/Mate’s new a

MEDFORD, OR —  Lithia Motors, Inc. (NYSE: LAD) announced this week it acquired Connell Chevrolet in Killeen, Texas. The store will be named All American Chevrolet of Killeen, and adds $60 million in estimated annual revenues. Bryan DeBoer, Pre

San Ramon, CA – MediaTrac, a leading marketing technology company that specializes in automotive, entertainment, retail and salon loyalty programs, prepaid maintenance, retention and media tracking, today  announced the launch of 130 new designer

Dallas, TX – RedBumper, LLC , a new breed automotive inventory management company, today announced that it is now delivering more information in 3 seconds than any other inventory management system on the market.  Not only is it returning the fast

Many dealerships today have shifted their sales and marketing focus to embrace how car buyers have moved to a new digital purchasing model. But today’s purchasing model is fluid, dynamic and constantly changing as new technology and ideas are intro

CarFinance.com survey finds consumers apprehensive about new car price negotiations and low interest rates; offers car buying and auto finance tips to simplify process IRVINE, Calif. — In part two of a recent survey from CarFinance.com, a webs

Public Companies’ U.S. Acquisitions Drop 55 Percent SAN FRANCISCO — The Presidio Group LLC, through its subsidiary Presidio Merchant Partners LLC, today released its Automotive Retail M&A Market Report for the first half of 2012. Some hig

Jumpstart Automotive Group Reveals Top Contender with Online Shoppers   San Francisco, CA – Nissan is battling for the best-selling midsize sedan spot this year – a move the automaker’s CEO Carlos Ghosn touted at the New York Auto

According to Bankrate.com, auto loan rates were down this week, with the average rate for a 60-month new-car loan falling 1 basis point, to 4.45 percent, a new record low. Click here for more information from Bankrate.com.