Auto Retail News

According to OPENLANE Market Index for May 2011, During May New Vehicle Retail Sales declined 8% from April levels, while Used Vehicle Retail Sales increased by 12%. Year-over-year, OPENLANE said May New Vehicle Retail Sales were down 4% while Used V

Manheim Consulting’s monthly auto industry brief reported May 2011 reported wholesale used vehicle prices hit a record high for the month. The Manheim Used Vehicle Value Index in May jumped 5.6% compared to a year-ago (up to 127.8 in May 2011,

GM Certified Used Vehicles reports 20,914 sales of Buick, Chevrolet, GMC, Pontiac and Saturn vehicles, a 6% year-to-date sales increase for calendar year 2011.  Compared to May 2010, sales decreased 10.6%. Concurrently, Cadillac Certified Pre-Ow

At Ancira Auto Group, it???s all about sharing ??? sharing data and business goals openly with its 550 employees, sharing its spirit of family across 11 dealerships, sharing responsibility with employees for belt-tightening in tough times, and sharin

According to The Detroit News, Daniel Akerson, General Motor Co.???s CEO, said he wants to make GM Financial more available to some of its dealers. According to the story, Akerson wants some of its dealers to be able to stock their dealership lots by

Auburn Hills, Mich. – Chrysler Group LLC announced special June financing on its 2011 Ram 1500 pickup trucks. Qualified consumers who purchase a Ram 1500 Regular, Quad or Crew Cab pickup truck may be eligible for 0 percent financing for up to 6

Alexandria, Va. ??? May consumer bankruptcies decreased 16 percent nationwide from May 2010, according to the American Bankruptcy Institute (ABI), relying on data from the National Bankruptcy Research Center (NBKRC). The data showed that the ove

Irvine, CA ??? Looking to capitalize on increasing vehicle sales and market share, Hyundai Motor America has announced the launch of an in-store accessories sales program to be facilitated through MOBIS Parts America and powered by Insignia Group, LC

ENGLEWOOD CLIFFS, N.J. — Maserati North America has selected Ally Financial to be its official preferred financing provider for Maserati vehicles in the U.S. and Canada.  Ally Financial will offer wholesale financing and insurance for deal