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Audi, Chevrolet, and Volkswagen Rate Highest in Automotive Advertising ‘Best Practices’ With Messages of Efficiency and Innovation
DETROIT — Phoenix Marketing International, a Honomichl Top-50 market research firm, has reported findings that reveal “best practices” in automotive advertising for all of 2011 across multiple vehicle segments and ad media types. T
May 10, 2012
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Toyota Sales Resurgence Gets Help from Popular Hybrid Products
TORRANCE, Calif. – The Toyota Division’s strong April sales performance (160,493 units for 13.1 percent increase compared to April 2011) was helped in large part by the release of its latest hybrid products that created high levels of consume
May 10, 2012
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Auto-Bio to Become CAR-BIO
Auto-Bio, a California company providing dealerships with a proven and unique sales tool for pre-owned vehicles since 2004 is changing its name to CAR-BIO. Auto-Bio provides a booklet on each specific pre-owned vehicle on a dealership’s lot, plus a
May 9, 2012
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Cars.com Names its Top 10 Underappreciated Vehicles
CHICAGO — The editors at Cars.com, the premier online resource for buying and selling new and used vehicles, today released their list of the top 10 most underappreciated cars currently on sale. According to the editors, these are all vehicl
May 9, 2012
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New Survey from Yahoo! Autos Finds Americans Ready for Smaller, Fuel Efficient Cars but Divided Sharply Over Paying More for Hybrids
A new survey, released by Yahoo! Autos found that a majority of Americans are ready for a smaller vehicle, a sign of how much concern over gas prices has reshaped our tastes. However they’re sharply divided on whether a hybrid car or truck will be
May 9, 2012
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Ford Boosts Vehicle Production By Reducing Summer Shutdown In North America Plants
DEARBORN – Ford Motor Company will produce nearly 40,000 additional vehicles this summer by idling 13 plants, including six assembly plants, for just one week instead of the traditional two. Ford will produce nearly 40,000 additional vehicles this
May 8, 2012
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DealerTrack Holdings, Inc. Reports First Quarter 2012 Financial Results
LAKE SUCCESS, N.Y. — DealerTrack Holdings, Inc. (Nasdaq: TRAK) recently reported financial results for the first quarter ended March 31, 2012. GAAP Results for the First Quarter 2012 Revenue for the quarter was $91.6 million, as compared to $7
May 8, 2012
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Mojo Motors Fuels Up for Expansion with $3 Million in Funding for Used Car Buying Platform
NEW YORK — MojoMotors.com, the leading used car deals platform, today announced that it has closed a $3 million funding round with Atlas Venture and existing investors including RPM Ventures, NextView Ventures, and others. Ryan Moore of Atlas
May 8, 2012
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Chrysler Group LLC Recognizes 30 Dealerships for Environmentally-Conscious Operations
AUBURN HILLS, Mich. — Tim Parker Chrysler Dodge Jeep® Ram in Hot Springs, Ark. is one of 30 dealerships that Chrysler Group LLC has recognized for their unwavering commitment to environmentally-friendly and energy-efficient business practices.
May 8, 2012