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Joe Verde’s Virtual Online Training Hits Milestone As Subscribers Complete More Than Seven Million Chapters

ORANGE COUNTY, CALIFORNIA – On April 27, 2012, subscribers to JVTN®, Joe Verde’s automotive virtual sales and management training network, have reached a milestone by completing training for more than 7,000,000 million chapters. Since 1985, Joe
Apr 30, 2012
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MANHEIM PROMOTES JOE GEORGE TO SENIOR VP Digital and In-Lane Product Development

 ATLANTA – As part of its continuing focus on serving customers in any way they choose, Manheim announced the promotion of Joe George to senior vice president, digital and in-lane product development. The new position is an expansion of George’s
Apr 30, 2012
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First Ford Dealers Certified to Sell Focus Electric with EPA Rating of 110 MPGe City

DEARBORN, Mich. — The first Ford dealers have been officially certified to sell the company’s first all-electric car — the 2012 Ford Focus Electric — America’s most fuel-efficient five-seater with an EPA rating of 110
Apr 30, 2012
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Chrysler to Lease 33,000 Square Feet & Rename Historic Dime Building in Detroit Chrysler House

Detroit – Chrysler Group LLC  announced that for the first time in its history, the Company will have an office presence in downtown Detroit. Chrysler Group will rename the historic Dime Building – Chrysler House – as it plans to move i
Apr 30, 2012
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Kelley Blue Book: April New-Car Sales Recovery Demonstrates Continued Strength At 1,148,000 Units, 14.0 Million SAAR

IRVINE, Calif. — Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, projects new-vehicle sales to reach 1,148,000 units, or 14.0 million seasonally adjusted sales rate (SAAR), in April 2012.  This will
Apr 30, 2012
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Group 1 Automotive, Inc. Parts and Service Revenues Increased 9.3%

HOUSTON — Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, has reported record first-quarter 2012 net income of $23.1 million, a 49.1 percent increase, and record first-quarter diluted earnings per common share of $0.9
Apr 28, 2012
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Asbury Automotive Group, Inc. Reports Parts and Service Gross Profit Up 7%

DULUTH, Ga.   — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has reported income from continuing operations for the first quarter 2012 of $18.0 million, or $0.57 per dilute
Apr 28, 2012
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Penske Automotive Reports Service and Parts Up 0.7%

BLOOMFIELD HILLS, Mich. –Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, announced the most profitable first quarter in Company history. First quarter 2012 income from continuing operations attributable to common
Apr 28, 2012
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AAA Study: Cost of Owning and Operating Vehicle in U.S. Increased 1.9%

ORLANDO, Fla. — AAA released the results of its annual ‘Your Driving Costs’ study today revealing a 1.9 percent rise in the yearly costs to own and operate a sedan in the U.S. The average costs rose 1.1 cents per mile to 59.6 cents
Apr 28, 2012