Auto Retail News

FARMINGTON HILLS, Mich. — Mercedes-Benz Financial Services USA LLC today announced executive management changes at the company effective June 1, 2012. Matthew E. Roy, formerly Vice President, General Counsel and Corporate Secretary, becomes th

DEARBORN – Ford Motor Company will produce nearly 40,000 additional vehicles this summer by idling 13 plants, including six assembly plants, for just one week instead of the traditional two. Ford will produce nearly 40,000 additional vehicles this

According to Dataium, April online auto shopping continues this year’s positive trend with the number of auto shoppers and searches exhibiting month over month inceases of 21% and 26% respectively. Additionally, the number of leads s

LAKE SUCCESS, N.Y. — DealerTrack Holdings, Inc. (Nasdaq: TRAK) recently reported financial results for the first quarter ended March 31, 2012. GAAP Results for the First Quarter 2012 Revenue for the quarter was $91.6 million, as compared to $7

NEW YORK — MojoMotors.com, the leading used car deals platform, today announced that it has closed a $3 million funding round with Atlas Venture and existing investors including RPM Ventures, NextView Ventures, and others. Ryan Moore of Atlas

Successful leaders realize that they have a unique obligation to establish a challenging course for their business, to create a new and compelling direction, embrace challenges and establish “BHAGs” that reach for new levels of organization and m

AUBURN HILLS, Mich. — Tim Parker Chrysler Dodge Jeep® Ram in Hot Springs, Ark. is one of 30 dealerships that Chrysler Group LLC has recognized for their unwavering commitment to environmentally-friendly and energy-efficient business practices.

ROCHESTER, Mich. — Foresight Research released its 2012 Dealership Experience Strategy Report.  Automotive research specialists, Foresight interviewed 7,851 new vehicle buyers in the US, finding: As a result of the great recession, the share

DETROIT — Ally Financial is increasing wholesale credit lines for auto dealers to take advantage of the U.S. auto market momentum.  In the first quarter of 2012, Ally proactively expanded wholesale limits for more than 40 percent of its U.S.