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Is Halloween Weekend the Best Time to Buy a Car?

SANTA MONICA, Calif. — This Halloween, don’t be scared to walk into the dealership and take advantage of some frighteningly great deals available on 2011 and 2012 models that can save consumers more than 21 percent off a new car. TrueCar.
Oct 24, 2011
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New guide offers blueprint for founding profitable auto sales business

ORLANDO, Fla. — “Car Business 101” (ISBN 1463779488) by 20-year automotive sales veteran John A. DaRe, offers step-by-step instructions for founding a business, obtaining a dealer license, purchasing vehicles and reselling them. Sin
Oct 24, 2011
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October New-Vehicle Retail Selling Rate Holding at a Higher Level

WESTLAKE VILLAGE, Calif. — After a strong September, new-vehicle retail sales in October remain stable above a 10-million unit level, according to J.D. Power and Associates, which gathers real-time transaction data from more than 8,900 retail fra
Oct 24, 2011
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Ford Explorer Hits the 100,000-Sales Mark

DEARBORN, Mich., Oct. 24, 2011 – America’s love affair with the Ford Explorer is stronger than ever with more than 100,000 Explorers sold this year – making it the fastest-growing midsize utility in the nation. “The Explorer continues to be
Oct 24, 2011
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Southside Financial Group Launches National Subprime Loan Portfolio Program to Help Franchised and Independent Auto Dealers Achieve Greater Liquidity

Arlington, Texas — Southside Financial Group, an active purchaser of auto finance receivables, today announced the launch of a nationwide program to purchase existing near prime and subprime auto loan portfolios from franchised and independen
Oct 21, 2011
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DMEautomotive Makes Customer Loyalty Easy for Dealerships

DAYTONA BEACH, Fla. — DMEautomotive, the industry leader in science-based, results-driven automotive marketing, today announced a new affordable “card-free” customer loyalty program for auto dealerships designed to eliminate the usu
Oct 21, 2011
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GM: Record 1.2 Million Chevrolets Sold in Third Quarter of 2011

DETROIT – Chevrolet sold 1.2 million vehicles globally in the third quarter, the best July-to-September results in the brand’s 100-year history. In the first nine months of 2011, Chevrolet sold 3.6 million vehicles globally, positioning the brand
Oct 21, 2011
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AutoNation’s Retail Used Vehicle Revenue Increased 7%

FORT LAUDERDALE, Fla. — AutoNation, Inc. (NYSE: AN),America’s largest automotive retailer, today reported 2011 third quarter net income from continuing operations of $71 million, or $0.48 per share, compared to net income from contin
Oct 21, 2011
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Environmental Organizations Asking Dealers to Stop Delaying New Fuel Efficiency Standards

WASHINGTON — The CEOs of eight top U.S. environmental, science and public interest organizations are calling on the National Automobile Dealers Association (NADA) to drop its efforts to delay new fuel efficiency and auto pollution standards. On
Oct 20, 2011