Auto Retail News
Is Service Department Business Starting to Pick Up?
It’s December and that means winter weather driving conditions are here for most of the country, leading to increased business at auto body and repair shops. A story from NewsChannel5.com out of Nashville, Tennessee said a chain-reaction accide
Dec 3, 2011
TRSA Document Details Towel Study Distortions
A new TRSA position paper explains how the recent Gradient Corp. study funded by disposable wiper marketers deceives readers of this research report into believing reusable shop towel users are at risk for ingesting metal residues from such clean tex
Dec 2, 2011
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TrueCar Becomes Driving Force in Auto Racing with “Women Empowered” Initiative
SANTA MONICA, Calif. — TrueCar, Inc., creators of the intelligent automotive marketplace that benefits both buyers and sellers has announced an extensive, multi-year commitment to support top female race car drivers in premier racing series, al
Dec 2, 2011
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Industry Auto Sales Rise 14% in November, Chrysler Sales up 45%
According to Edmunds.com’s AutoObserver, November’s Seasonally Adjusted Annual Rate (SAAR) is the highest it has been since August 2009 during the Cash for Clunkers government program. The SAAR for the month was 13.6 million. The story said indus
Dec 2, 2011
GMAC-SAIC Auto Finance Receives Two Golden Engine Awards
Shanghai – GMAC-SAIC, the largest auto finance company in China, received the “Golden Engine Award” as “Best Automotive Finance Company” for the second year in a row. The Award by business magazine Money Weekly honors outstanding companies
Dec 2, 2011
Experian Automotive: 21.87 percent of new vehicle loans went to nonprime, subprime and deep subprime customers
Schaumburg, Ill. — Experian Automotive today announced that lenders are increasing loans to credit-challenged customers. According to its quarterly automotive credit analysis, 21.87 percent of all new vehicle loans went to customers in the nonprime
Dec 2, 2011
Audi CPO Sales Set Annual Record, Up 32% in November
With just over a month remaining in 2011, Audi of America achieved a new annual sales record over the hectic holiday shopping weekend. With 102,055 sales of premium cars and SUVs already reported this year, the Audi brand eclipsed the previous sales
Dec 2, 2011
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Kbb.com: Used-Vehicle Values to Increase up to 6% in Early 2012
IRVINE, Calif. — Kelley Blue Book www.kbb.com, reports that car shoppers are encouraged to buy their next used vehicle before the end of the year, as values are expected to increase 4 to 6 percent in early 2012. Used-vehicle values have dropp
Dec 2, 2011
Index: Customer Satisfaction with the New-Vehicle Sales Experience Improves Significantly from 2010
WESTLAKE VILLAGE, Calif. — Satisfaction with the new-vehicle sales process has improved notably from 2010, according to the J.D. Power and Associates 2011 U.S. Sales Satisfaction Index (SSI) Study(SM). The study is a comprehensive analysis of t
Dec 2, 2011