Auto Retail News
Community Wants to Implement New Auto Repair Shop Rules
One community is looking to implement new rules for auto repair shops in an effort to protect consumers, a story from the Houston Chronicle said. The story said the new rules would require repair shops to get a signed written approval from the custom
Dec 12, 2011
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Ford Environment and Safety Chief Sue Cischke to Retire After 35-Year Career
DEARBORN, Mich. — Ford Motor Company announced that Sue Cischke, group vice president, Sustainability, Environment and Safety Engineering, has elected to retire effective Feb. 1, 2012, after 35 years of service in the automotive industry. C
Dec 12, 2011
PwC US: “Hunt for Growth” to Drive 2012 U.S. Mergers & Acquisitions
NEW YORK — Volatile equity markets slowed mounting U.S. deal activity in the third and fourth quarters, following growing deal momentum in the first two quarters of 2011. In light of concerns over European debt and a pullback in financing, U.
Dec 12, 2011
Consumers Want Love Too ….
The annual fall Las Vegas based AAPEX (Aftermarket Auto Parts Expo) and SEMA (Specialty Equipment Manufacturers Association) shows feature thousands of parts manufacturers, tool vendors, equipment makers, custom cars/trucks/what is the hell is that?
Dec 11, 2011
GM Aftersales Organization Recognizes Wells for Outstanding On-Time Shipping Performance
Fond du Lac, WI — Wells Vehicle Electronics has received the Gold Award for Outstanding On-Time Shipping Performance from General Motors Customer Care and Aftersales, the automaker’s automotive parts and service operation. The Gold Award rec
Dec 11, 2011
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Manheim Used Vehicle Index Up In November
Manheim Consulting’s monthly auto industry brief reported November 2011 wholesale used vehicle prices increased for the first time this year after a five month decline. The index rose 0.8% to 123.8 compared to 122.8 in October 2011. When comp
Dec 9, 2011
LEAP Financial’s Revenues and Customer Base Expand Significantly in 2011; Management Team Ready for Continued Growth in 2012
San Diego –LEAP Financial, a vehicle leasing company that serves consumers who have difficulty obtaining credit, shared milestones on the company’s rapid growth during 2011. Overall the company experienced over 600% growth in total revenues yea
Dec 9, 2011
U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Sales Up 14%
Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 24,872 sales of certified pre-owned vehicles, a 14 percent increase compared to November of last year, and a two percent decline compared to last month. Through the month of November 201
Dec 9, 2011
New Car Interest Rates Hit Record Levels
According to the Federal Reserve’s Consumer Credit report for October 2011, Consumer credit increased at an annual rate of 3-3/4 percent in October. Revolving credit increased at an annual rate of 1/2 percent, and nonrevolving credit increased a
Dec 9, 2011