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Ford Completes Amendment and Extension of Existing Revolving Credit Facility

DEARBORN, Mich. – Ford Motor Company announced this week it has successfully completed an amendment and extension of its revolving credit facility.  As a result of the transaction, Ford’s revolving lenders have agreed to extend the maturity of c
Mar 16, 2012
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Sirius XM Radio and Asbury Automotive Group to Give Customers 3-Month SiriusXM Subscription on Pre-Owned Vehicles

NEW YORK — Sirius XM Radio and Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., will provide Asbury customers a 3-month SiriusXM subscription when they purchase a pre-owned vehicle with fac
Mar 16, 2012
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Kelley Blue Book: Used Compacts on the Rise

Kelley Blue Book Market Report for March 2012 says values of used fuel-efficient compacts increased a modest 0.4 percent in February; however, values picked up significant momentum during the last weeks of the month.  In just the last week of the mo
Mar 16, 2012
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Cadillac Named 2012 Customer Service Champion

DETROIT – Cadillac was recognized this week as a 2012 Customer Service Champion at the J.D. Power and Associates Customer Service Roundtable in Orlando, Fla. The luxury automaker was one of only 50 companies out of 800 studied to earn the distincti
Mar 16, 2012
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NADA Used Car Guide Executive Shares How the Gen Y Demand Has Changed the Appraisal Process

Stu Zalud director of dealers services for NADA Used Car Guide, is sharing with dealers and managers how the Gen Y demand has changed the appraisal process. Who is Generation Y? Why is the Generation Y market segment important? When we speak of Gen Y
Mar 16, 2012
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President of Automotive at HookLogic and Leading Dealers Discuss How to Drive Customers from Your Website to Your Showroom

Tired of hearing that the consumer’s Zero Moment of Truth (ZMOT) is important to you and your dealership, but not having a winning strategy to follow? Do you struggle with that elusive lead to show metric? David Metter, President of Automotive at H
Mar 16, 2012
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AutoTrader.com Names “Eight Great American Cars to Spend a Tax Refund on”

ATLANTA — Tax time means big refunds for some, and the availability of these extra funds often results in a boost for automotive shopping behavior in March and April. The average tax refund in 2011 was $2,913—enough to put a 10 percent down payme
Mar 16, 2012
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Kbb.com Editors Name 10 Best Sedans Under $25,000

IRVINE, Calif. — Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, today announces the 10 Best Sedans Under $25,000. The popular sedan segment for new cars is becoming more crowded with each passing year.�
Mar 15, 2012
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Ford Makes Huge Leaps in TrueCar.com’s February 2012 Grades for Manufacturers and Brands

SANTA MONICA, Calif. — TrueCar.com, the authority in new car pricing, trends and forecasting released its Performance Scorecards for automotive manufacturers and brands. The Performance Scorecards grade each manufacturer and brand on eight dif
Mar 15, 2012