Auto Retail News

WASHINGTON – Consumer delinquencies continued to move higher in this year’s second quarter, with nine of eleven loan categories showing slightly higher delinquencies amid weak job creation and a slowing economy, according to the American Bankers

Carmel, IN – KAR Auction Services, Inc. announced that it has successfully completed the acquisition of  OPENLANE, Inc. OPENLANE is a North American  online automotive auction company that provides a market for online buyers and sellers of wh

The Mercedes-Benz Certified Pre-Owned (MBCPO) program sold 5,707 vehicles in September 2011, a decrease of -8.6%.  On a year-to-date basis, MBCPO sold 57,359 vehicles, a decrease of -5.9% over the comparable period last year.

OAKLAND, Calif. — Pandora, the leading personalized radio service, revealed that automotive partner Toyota is now offering an embedded version of Pandora on the 2012 Camry and 2012 Tacoma. The Camry is America’s best-selling car(i) and th

NEW YORK — Sirius XM Radio announced that participating Nissan and Infiniti dealerships across the United States will give customers a 3-month subscription to SiriusXM when they purchase any pre-owned vehicle from the satellite radio-equipped i

ATLANTA — Equifax’s latest National Credit Trends Report indicates that the credit cycle has turned as new credit growth continues, with higher loan volumes on a 2011 year-to-date basis for multiple lending markets including: Automotive,

According to a data from Dataium, the conversion rate of the average unique visitor to shopper was up 49% during the month of September 2011. This information is based on statistics for national automotive Internet behavior for September 2011. Below

St. Louis  – It’s no secret that social media has revolutionized how consumers communicate with businesses. Instead of complaint letters exchanged over weeks, a quick 140-character tweet can garner a direct response within minutes. A recent poll

TROY, Mich. – White has ranked as the most popular vehicle color in the world according to data from PPG Industries, the world’s leading manufacturer of transportation coatings. Approximately 21 percent of 2011 model-year cars around the world ha