Auto Retail News
Audi CPO Reports 8th Consecutive Record Sales Month
Audi Certified Pre-Owned sales of 2,776 vehicles mark the best October on record and the eighth-consecutive record month. Year-to-date sales of 31,165 put Audi on track to deliver one of the best CPO years on record. Audi Certified Pre-Owned sales an
Nov 3, 2011
CarGurus Used Car Price Index Down 1.7% This Fall
CAMBRIDGE, Mass. — CarGurus, the auto research and shopping website, released its CarGurus Used Car Price Index for October, which showed the average price of a used car at $19,278, down by 0.88% from September and down 1.7% from August. Used
Nov 3, 2011
Ally Financial Reports Net loss of $210 million
NEW YORK — Ally Financial Inc. (Ally) reported a net loss of $210 million for the third quarter of 2011, compared to net income of $113 million in the prior quarter and net income of $269 million for the third quarter of 2010. Core pr
Nov 3, 2011
Dollar Thrifty Automotive Group Reported Net Income of $66.6 Million
TULSA, Okla. — Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported results for the third quarter ended September 30, 2011. Net income for the 2011 third quarter was $66.6 million, or $2.13 per diluted share, compared to net income
Nov 3, 2011
Luxury Automaker Reports 17% Increase in CPO Sales
For the month of October 2011, Porsche’s Approved Certified Pre-Owned vehicle sales were 652, compared to 565 last year. The year-to-date total is 7,241, compared to 6,210 in the previous year – a 17% increase.
Nov 3, 2011
Posts
Everyone
International Nameplate Automobile Dealers Announce Monthly Sales
Alexandria, VA – The American International Automobile Dealers Association (AIADA) released October 2011 sales figures for the international nameplate automobile industry. AIADA represents America’s approximately 10,000 international nameplate f
Nov 3, 2011
BMW Certified Pre-Owned Sales Down
In October, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 13,262, a decrease of 4.4% from the 13,867 sold in October 2010. Year-to-date, BMW used vehicle sales are down 5.5% on volume of 132,686 compared to 140,468
Nov 3, 2011
Equifax: Total Outstanding Consumer Debt Now Nearly Equivalent to Pre-Recession Levels
ATLANTA — Equifax’s latest National Credit Trends Report shows that Total consumer debt now stands at $11.2 trillion, nearly equivalent to the $11.1 trillion posted pre-recession in 2006 according to the most recent Equifax Nation
Nov 3, 2011
Posts
Everyone
Interview with Chad Baker, Partner and GSM, Marc Heitz Chevrolet
When Chad Baker and his business partners at Marc Heitz Chevrolet in Norman, OK erected their 81,000 sq. ft. Chevrolet showroom in 2008, it was just in time for the recession that came roaring through the nation. Fortunately, the entertaining ideas t
Nov 3, 2011