Auto Retail News

LOS ANGELES — Allstate Insurance’s recent announcement that it has wrapped up its acquisition of Esurance and Answer Financial highlights ongoing changes in the way consumers are shopping for auto coverage—and the opportunities those ch

Auburn Hills, Mich. – Chrysler Group LLC confirmed this week that a new national labor agreement, covering 26,000 employees, has been ratified by the UAW-represented workforce in the U.S. New four-year labor agreement continues Company’s forw

RESTON, VA – comScore, Inc., a leader in measuring the digital world, released an analysis of mobile financial services usage in the U.S. showing that 32.5 million Americans accessed mobile banking information on their devices at the end of Q2

NEW YORK — The Conference Board Consumer Confidence Index®, which had slightly improved in September, declined in October. The Index now stands at 39.8 (1985=100), down from 46.4 in September. The Present Situation Index decreased to 26.3 fro

It appears that most dealers have mentally accepted the fact that they need to embrace the digital age. The interesting disconnect is that many dealers are still only allocating 20%-30% of their advertising budget to the digital side of the equation.

IRVINE, CA, October 26, 2011 — Paragon Honda-Acura, a Queens, NY-based dealership is selling 95 additional units a month from its existing customer base by using portfolio lead management software from AutoAlert, Inc.™ “It’s like we’ve

SEATTLE, WA – Cobalt®, a business unit of ADP Dealer Services (NASDAQ: ADP), today announced that it has been named a Google AdWords™ Premier SMB Partner. Cobalt is one of the first automotive marketing solution providers to achieve this distinc

TULSA, Okla. — Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) (the “Company”) announced that its Rental Car Finance Corp. subsidiary (“RCFC”) completed the private placement of $400 million of Series 2011-2 asset back

SANTA MONICA, Calif. — One year after the last remaining Pontiac dealers shut down for good on October 31 2010, General Motors has managed to maintain – and even grow – the loyalty rate of former Pontiac owners, according to data analyzed by E