Auto Retail News
Does your Organization Need RISP?
The economy over the past few years have presented some pretty significant challenges to the sales and profitability side of the dealership business. Most dealerships responded to the 2008-2009 recession with an array of effective headcount reduction
Sep 29, 2011
myAutoloan.com® Launches Interest Rate Widget to Answer the Most Asked FAQ
Irving, Texas — myAutoloan.com, an online direct-to-customer auto finance company, launched their newest consumer tool last week called an Interest Rate Estimator. “We took a look at our most frequently asked questions and customers were
Sep 29, 2011
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Manheim Announces Changes to Dealer Sales Structure
ATLANTA – To meet its customers’ changing business needs and to offer all customers a more consistent sales experience, Manheim will align its major dealer and dealer sales functions within a single unit. Susie Heins, former vice president of ma
Sep 29, 2011
Edmunds.com September Auto Sales Forecast: Industry Achieves Highest Monthly SAAR Since April
SANTA MONICA, Calif. — An estimated 1,038,052 new cars will be sold in September for a projected Seasonally Adjusted Annual Rate (SAAR) of 12.9 million light vehicles, forecasts Edmunds.com, the premier online resource for automotive informati
Sep 29, 2011
Used Cars Sales Estimated to be Up 4.5% from 2010
SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today released its September 2011 sales and incentives forecast. The forecast shows the following: For September 2011, new light vehicle sales in
Sep 29, 2011
VW Credit, Inc. Names New President and CEO…
HERNDON, Va. — Andrew Stuart has been appointed President and CEO of VW Credit, Inc., effective January 2012. He will report to Frank Witter who is Chairman of the Board of Directors for VW Credit, Inc. Stuart will succeed Kevin Kelly, 65, the
Sep 29, 2011
BMW Financial Services Targets College Graduates and Young Professionals
Woodcliff Lake, NJ – BMW Group Financial Services has opened the door for college graduates and young professionals to increase their purchase power through the company’s College Graduation Program. The Program encompasses both leases and loans
Sep 29, 2011
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Report: Facebook Refers 6% of New-Vehicle Buyers to Automaker Websites
WESTLAKE VILLAGE, Calif. — Social networking site Facebook refers nearly as much new-vehicle buyer traffic to automaker websites as do major independent automotive content providers (for example, Autotrader.com, Cars.com and Edmunds.com), accor
Sep 29, 2011
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Inspection Finds 30% of Off-Lease Vehicles with Rolled Back Odometers
LONG BEACH, Calif. – AiM Mobile Inspections, evaluators of new and used vehicles, has identified a growing trend among off-lease vehicles in the Northeast: tampered digital odometers. AiM which reviews up to 9,000 off-lease vehicles each month in
Sep 29, 2011