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GM: CTS Coupe Driving Sales and Image Gains

DETROIT – Through September, and just over a year after its launch, the Cadillac CTS Coupe is America’s best-selling mid-size luxury coupe and vying for first place among all luxury coupes. The dramatically designed luxury sport coupe is a force
Oct 4, 2011
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Is The Fiat Ad Driving Traffic?

According to an analysis of web traffic last week at Edmunds.com, consideration for the Fiat 500 has climbed 31% since the J-Lo ad for the 500 debuted on September 12 during ESPN’s Monday Night Football. Since then, the most notable one-day spike
Oct 4, 2011
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Edmunds.com: Better Supply Allows Honda to Shift Back into Incentives Game

SANTA MONICA, Calif. — With its production of new cars now back to normal, Honda has stepped up its incentives in an attempt to grab back the market share it has lost since the March earthquake in Japan, reports Edmunds.com, the premier online r
Oct 4, 2011
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AutoNation Year-to-Date Sales Up 6%

FORT LAUDERDALE, Fla. — AutoNation, Inc., America’s largest automotive retailer, announced that its retail new vehicle unit sales in September 2011, as reported to the applicable automotive manufacturers, totaled 18,670, an increase of 3%
Oct 4, 2011
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September Auto Sales Higher Than Expected

According to Edmunds.com’s Auto Observer, the seasonal adjusted annual rate for September should be at about 13 million units, being the best month since April of this year. The big three all saw increases with General Motors up 20%, Ford Motor C
Oct 4, 2011
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UAW, Ford Reach Tentative Agreement on National Labor Contract

DEARBORN, Mich. – Ford Motor Company and the United Auto Workers union (UAW) have reached a tentative agreement on a new four-year labor contract covering approximately 41,000 UAW-represented employees in the United States. Here are the highlights
Oct 4, 2011
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Survey Reveals Jump in the Use of Mobile Devices to Shop for Cars

Portland, Ore. ─ Nearly 25% of consumers with Internet-enabled cell phones or mobile devices have recently used their device to research or shop for a car, almost double last year’s rate, according to a recent survey conducted by Chrome Systems
Oct 4, 2011
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Lexus Dealers Sell Every Car That Arrives

According to Mark Templin, Group Vice President and General Manager of Lexus, Lexus dealers are selling every car that is on their lots. In Toyota Motor Sales September 2011 Sales Conference Call, Templin said: “Our sales (Lexus) of 14,995 were act
Oct 4, 2011
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Transaction Prices Drop for Fourth Straight Month

SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $29,439 in September 2011, up $358 (1.2 percent) from Sep
Oct 4, 2011