Auto Retail News
Satisfaction with Auto Claims is Considerably Lower Among Total Loss Claimants
WESTLAKE VILLAGE, Calif. — Auto insurance claimants who incur a total vehicle loss are notably less satisfied with the claims experience than are claimants who incur a repairable vehicle claim, according to the J.D. Power and Associates 2011 U.
Oct 27, 2011
Kia Enhances Certified Pre-Owned Program
IRVINE, Calif. — Kia Motors America, Inc. (KMA) announced a major improvement to its Kia Certified Pre-Owned (CPO) program. KMA, which distributes vehicles through its network of authorized independent Kia-brand dealers in the United States, h
Oct 27, 2011
Posts
Everyone
Chrysler Group Reports Third Quarter 2011 Net Income of $212 Million
AUBURN HILLS, Mich. — Chrysler Group LLC reported preliminary net income of $212 million for the third quarter, compared with a net loss of $84 million a year ago, as the Company continues to increase sales and benefit from its alliance with F
Oct 27, 2011
Consumers Can Now Reduce and Manage Credit Card Debt, Mortgage, Student and Auto Loans with ReadyForZero
SAN FRANCISCO — ReadyForZero, the leading online platform for managing and reducing personal debt, expands its successful software program beyond credit card debt to include mortgage, student loans and auto loans. The expanded ReadyForZero plat
Oct 27, 2011
Capital One Auto Finance Originations Up 17%
MCLEAN, Va. — Capital One Financial Corporation (NYSE: COF) today announced net income for the third quarter of 2011 of $813 million, or $1.77 per diluted common share, compared with net income of $911 million, or $1.97per diluted common
Oct 27, 2011
Sonic Automotive Reports Used Volume Is Up 16%
CHARLOTTE, N.C. — Sonic Automotive, Inc., one of the nation’s largest automotive retailers, today reported that 2011 third quarter earnings from continuing operations were $0.33 per diluted share compared to $0.25 per diluted share i
Oct 27, 2011
Lithia Motors Reports Third Quarter 2011 New Vehicle Same Store Sales Increased 28%
MEDFORD, OR — Lithia Motors, Inc. reported 2011 third quarter income from continuing operations of $16.3 million, or $0.61 per diluted share. This compares to a 2010 third quarter income from continuing operations of $9.6 million, or $0.36 per
Oct 27, 2011
Used Vehicle Retail Revenues up 19% at Asbury
DULUTH, Ga. — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., reported adjusted income from continuing operations for the third quarter 2011 of $14.3 million, or $0.44 per dilu
Oct 27, 2011
Group 1 Retail Used Vehicle Gross Profit Increased 4.9%
HOUSTON — Group 1 Automotive, Inc. a Fortune 500 automotive retailer, reported a third-quarter adjusted net income increase of 23.6 percent to $23.8 million, or $1.04 per diluted share, for the period ended Sept. 30, 2011. This compares to adju
Oct 27, 2011