Auto Retail News

NEW YORK — Sirius XM Radio and Audi of America this week announced customers who purchase 2013 model year vehicles equipped with MMI Navigation Plus or MMI Navigation Plus with MMI Touch will receive a 4-year subscription to SiriusXM Traffic,

Auburn Hills, Mich. – Chrysler Group LLC this week announced a “No Payments for 90 Days” promotion on the retail purchase of all new 2012 Chrysler, Jeep®, Dodge, Ram Truck, and FIAT brand models financed through Ally Financial or Chase Aut

BOCA RATON, Fla. – Black Book Online, the leading online vehicle trade-in sales lead generator, today announced an upgrade to its Activator® platform with features designed to help automotive dealers generate more high quality trade-appraisal

DAYTONA BEACH, Fla. — DMEautomotive (DMEa) today announced the roll-out of its breakthrough mobile app, Driver Connect(SM), to over 50 of Lithia Automotive’s dealerships. Driver Connect is specifically targeted to help dealerships solve

SAN CLEMENTE, Calif. — Leading auto dealer CRM DealerSocket (DealerSocket.com) continues to make the newest and best technology available to auto dealers. DealerSocket announced today the general release of SocketTalk, a new tool that allows u

Nearly three-quarters of drivers would consider an alternative fuel vehicle for their next car YONKERS, N.Y. — With fuel prices at near record levels, consumers are driving less and contemplating a move to smaller, more fuel-efficient vehicles

DALLAS — General Motors recently recognized Sewell Automotive Companies with a pair of prominent national awards, revealing that both Dallas-Fort Worth area Sewell Cadillac dealerships earned the Master Dealer and Dealer of the Year honors. Se

Presidio recently published its end of year M&A report, which is available at www.presidioautomotive.com and on Dealer magazine’s web site. In it we discuss the current blue sky multiples, as well as the following dealership acquisition trends:

DALLAS — The purchase and financing of an average-priced new vehicle took 23.2 weeks of median family income in the first quarter of 2012. Consumers on average spent $300 more (an increase of 1.2 percent) on new cars in the first quarter of 20