Auto Retail News

SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today provided actual fuel economy numbers from May light vehicle auto sales that indicate TrueMPG™increased to 23.2 mpg in May 2012 compared to 21.

Today was General Motors 2012 Stockholders Meeting. Below please find the prepared remarks by GM Chairman and CEO Dan Akerson. (Speaker’s words definitive) DETROIT – By any measure, 2011 was a watershed year for GM. We earned record net income of

Earley Will Lead Mid-Atlantic Market Business Strategy, Operations and Customer Focus ATLANTA – Manheim has selected Dianne Earley as market vice president, Mid-Atlantic market, where she will be responsible for leading business strategy and operat

The auto dealership business is very cyclical. It goes up and down with the economy. When the economy is strong, auto sales usually rise. Alternatively, when the economy is weak, auto sales usually fall. The most recent cycle was a particularly drama

As we anticipated, the 2010 census data has made its way through the manufacturers’ computer systems and has resulted in changes to many dealers’ areas of responsibility. Chrysler, Ford, Nissan and Toyota have already sent notices to dealers of c

With General Motors holding its annual shareholders meeting today, Edmunds.com Vice Chairman Jeremy Anwyl offers the following comment on the state of the automaker: “General Motors enjoyed some momentum after it exited bankruptcy, and supply short

MobileWebAward-Winning Site Now Offers Vehicle Reviews, New-Car Comparisons to Help On-the-Go Buyers IRVINE, Calif. — Kelley Blue Book, the leading provider of new car and used car information, today announces its newly redesigned app-like mobi

McLEAN, Va. – There were 933,500 workers employed at U.S. new-car and -truck dealerships in 2011, a 4.6 percent increase from the previous year, said Paul Taylor, chief economist of the National Automobile Dealers Association (NADA). The findings w

LOS ANGELES — Total Car Score, the most comprehensive automotive ranking and comparison website, announced today the Top Scoring Manufacturers of 2012. These Top Scoring car companies in the automobile industry have at least four widely availab