Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book, had the following points to say on this month’s new-car sales results. Consumers paid between 5 to 8% below MSRP on average in August, not including cash incentives.

New advertising series and tagline showcases the Bank’s commitment to customers MIDVALE, Utah — Customers take center stage in Ally Bank’s newest advertising campaign, filmed on the stage of the historic Orpheum Theatre in Los Ange

Auburn Hills, Mich. – Mopar or no car.  The Mopar brand proudly celebrates its 75th anniversary in 2012. Starting as the name of a single product — antifreeze — the Mopar brand evolved over 75 years, developing a strong identity that repre

RIVERDALE, Ga.– Despite current economic conditions, the business of subprime finance is booming, as evidenced by the expansion of one of Georgia’s largest automobile lenders.  Automobile Acceptance Corporation (AAC) has provided indirec

Protection products continue to show strength as electronics fade. San Francisco, CA — According to izmocars just-released 2012 AOA Auto Accessories Midyear Trend Report, auto protection products continue to outsell most other accessories in de

In the late 1990s major consolidation started in our industry. The consolidators were either public or going public. Wall Street wanted them to get big, fast. These companies did not just buy single stores; they bought whole groups and spent many mil

Public Companies’ U.S. Acquisitions Drop 55 Percent SAN FRANCISCO — The Presidio Group LLC, through its subsidiary Presidio Merchant Partners LLC, today released its Automotive Retail M&A Market Report for the first half of 2012. Some hig

NEW YORK — Data through July 2012, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that most loan types s

CarFinance.com survey finds consumers apprehensive about new car price negotiations and low interest rates; offers car buying and auto finance tips to simplify process IRVINE, Calif. — In part two of a recent survey from CarFinance.com, a webs