Auto Retail News

According to Kelly Blue Book’s recent issue of the Blue Book Market Report for February 2012 on the Q1 and Q2 Outlook for used vehicles, Kelley Blue Book expects supply to remain a significant challenge for dealers in 2012, and as a result, they

DULUTH, Ga. — Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the fourth quarter 2011 of $17.0 million, or $0.54 per diluted sh

BLOOMFIELD HILLS, Mich. — Penske Automotive Group, Inc. announced this week that fourth quarter 2011 income from continuing operations attributable to common shareholders increased 22% to $42.5 million and related earnings per share increased 2

ATLANTA and LAKE ORION, Mich. — AutoTrader.com, the ultimate automotive marketplace, is taking an equity stake in ControlBox.com LLC in support of the launch of the Privacy Shield™ product, which helps private sellers keep their personal con

TALLAHASSEE, Fla. — The Service Contract Industry Council (SCIC) works directly with state legislators nationwide to regulate the licensing of motor vehicle service contract providers, mandate significant consumer protections and to implement

SANTA MONICA, Calif. — TrueCar, Inc. which is devoted to bringing innovation to the car buying process, has found the best new car deals on vehicles including cash, finance and lease deals available nationwide, and is forecasting that Saturday,

FT. LAUDERDALE, Fla. — Consumers weren’t shy about spending this holiday season, as the latest consumer credit report reveals a nearly 10 percent increase in overall consumer debt. According to the Federal Reserve, consumer borrowing sur

Terry McSpadden from EasyCare, is sharing his expertise with automotive dealers and managers on how to use video to significantly increase service and sales retention. A soft spot has been identified in the automotive industry – hot instant video m

Glen Garvin, group general manager, Dominion Dealer Solutions, is sharing his expertise with automotive dealers and managers on how to unlock potential used inventory treasures from the CRM. Tight vehicle supply is one of the biggest challenges facin