Auto Retail News

BOSTON — On October 20, 2011, Santander Holdings USA, Inc. (“SHUSA”) and Santander Consumer USA Inc. (“SCUSA”), a majority-owned subsidiary of SHUSA, entered into an investment agreement (the “New Investor Investme

DULUTH, Ga. — Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today announced that it has entered into a new $900 million five-year syndicated credit facility with nine financial institutio

NEW YORK — The Deloitte Consumer Spending Index (Index) plunged in September to its lowest level since May 2009, primarily due to a significant fall in home prices and deterioration in real wages.  The Index tracks consumer cash flow as an

WASHINGTON — The CEOs of eight top U.S. environmental, science and public interest organizations are calling on the National Automobile Dealers Association (NADA) to drop its efforts to delay new fuel efficiency and auto pollution standards. On

Portland, Ore. ─ Chrome Systems, Inc., a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK), and a leader in managing automotive data, today announced that NADAguides, the largest publisher of vehicle pricing and information for new and used

Last month I visited a dealer-client to conduct a full-day, deep-dive into their digital marketing and Internet sales processes. The store had been reporting erratic results (up a little one month, down a lot the next), which is usually indicative of

Auburn Hills, Mich. – The 2012 Fiat 500 has been named a “Top Safety Pick” for 2011 by the Insurance Institute for Highway Safety (IIHS). The new Fiat 500 joins eight Chrysler Group models that are Top Safety Picks by the IIHS for 2011. 

COSTA MESA, Calif. —NADAguides, the leading online provider of vehicle pricing and information, and the most relied upon resource for pricing and valuation data, announces a 15-day free trial of CONNECT; its robust marine, powersports and recre

CHARLESTON, S.C. — Selig Technologies, LLC (“SeligTech”), an automotive industry mobile software provider, is proud to announce the release of a major update for its iPhone VIN scanning and appraising app.  VIN Viper’s mobile