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WURTH USA Announces New Partnership With GM Dealer Equipment

RAMSEY, NJ  — WURTH USA, Inc., (Würth) a leading provider of automotive fasteners, shop supplies, and collision repair products, announced their new partnership with GM Dealer Equipment today. Together they have developed an Authorized Cons
Feb 17, 2012

Consumer Tips for Buying an Extended Vehicle Warranty for a New or Used Vehicle

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
Feb 16, 2012

New Mercedes-Benz Dealer Agreements

Mercedes-Benz (MBUSA) sent its dealers a proposed new Passenger Car Dealer Agreement, Light Duty Truck Dealer Agreement and Commercial Vehicle Dealer Agreement to be effective January 1, 2012. It is very important that dealers understand the changes
Feb 15, 2012

Penske Automotive Reports Most Profitable Year in Company History

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
Feb 15, 2012

Asbury Automotive Group Reports Total Revenues Increased 8%

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
Feb 14, 2012

Chief Offers Spot Welders with the Most OEM Approvals

Madison, Ind. – The dual goals of protecting the passenger compartment and improving fuel economy have driven vehicle manufacturers to use increasing amounts of advanced steels in vehicle design across all price levels. As a result, it is no longe
Feb 13, 2012

Manheim Launches TWI “On the Go” For Dealers

ATLANTA – To help more dealers take full advantage of Manheim’s comprehensive suite of digital products when they need the tools the most – in the lanes on sale day – Manheim has launched TWI “On the Go.” An extension of The Wholesale I
Feb 13, 2012

Group 1 Automotive Reports Parts and Service Revenues Increased 7%

HOUSTON — Group 1 Automotive, Inc. reported record fourth-quarter adjusted net income of $22.0 million, a 49.3 percent increase from the prior-year period, and adjusted diluted earnings per common share of $0.94 for the period ended Dec. 31,
Feb 13, 2012

Older Cars & Higher Mileage: Is your Service Department Ready?

The future of the automotive maintenance and repair business is coming into sharper focus now that the economic challenges of the past three years have begun to diminish. Almost all of the consultants, analysts, columnists, pundits and professional a
Feb 13, 2012