Auto Retail News

Social media consulting firm Maximize Social Media LLC announced its social media marketing program today for auto dealers, providing support to auto dealerships nationwide. The firm will offer complete social media management services including Face

SAN FRANCISCO – Michigan residents face the steepest car insurance cost burden in the nation, according to new research released this week by CarInsuranceQuotes.com, a Bankrate (NYSE: RATE) company. The typical Michigan household pays a whopping ei

FORT WORTH, Texas — GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $136 million for the quarter ended June 30, 2012, compared to $96 million for the quarter ended June 30, 2011. Net inco

According to Alec Gutierrez, senior market analyst of Automotive Insights for Kelley Blue Book, with some one- and two-year-old used vehicles commanding as much as 90% of original MSRP, many consumers have opted to purchase a new vehicle rather than

There is no question that the dealership insurance market is tightening up. Prices are going up along with deductibles including an ever-growing list of coverage limitations. Dealers’ physical damage or auto inventory insurance premiums and deducti

I like the analogy a Midwest dealer recently shared as we discussed recent declines in wholesale used vehicle values: “I try to manage my used vehicle inventory like a bobber on a lake. When wholesale values drop, it’s like a wave washes over the

WASHINGTON — U.S. News & World Report, one of the most trusted sources for consumer recommendations, today expanded its Best Cars rankings to include used vehicles. The Used Car Rankings include nearly 600 cars, SUVs and minivans from the 2

For most of the luxury brands, pre-owned sales in July were up, except for BMW. Click below to find out full Certified Pre-owned sales for July: BMW Used Vehicle Sales Down 5.9% Mercedes-Benz CPO Sales Up 10% Porsche Approved Certified Pre-Owned Vehi

BMW Financial Services Ranks Highest in Dealer Satisfaction in Prime Retail Credit and Retail Leasing Rankings; Mercedes-Benz Financial Services Ranks Highest in Floor Planning WESTLAKE VILLAGE, Calif. — Satisfaction with automotive finance pro