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Revisiting ‘The Calm Before the Storm’
In June of 2010, I wrote a column that ran in Dealer magazine, “The Calm Before the Storm.” In it I suggested that despite the economic upswing we were enjoying at the time, a debt-induced financial crisis loomed and could cause more challenging
Sep 6, 2011
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AutoNation: August 2011 retail new vehicle unit sales decreased 3% versus August 2010
FORT LAUDERDALE, Fla. — AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, announced that its retail new vehicle unit sales in August 2011, as reported to the applicable automotive manufacturers, totaled 18,121, a decreas
Sep 6, 2011
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Edmunds.com: Lexus Gets Aggressive on Auto Incentives While Overall Industry Spending Levels Off
SANTA MONICA, Calif. — BMW and Mercedes-Benz are each in position to knock Lexus from the top of the luxury sales standings this year, but Lexus isn’t going down without a fight. According to Edmunds.com’s monthly analysis of the True
Sep 6, 2011
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Update: Auto Dealer M&A Activity Up Sharply
SAN FRANCISCO – The Presidio Group LLC, through its subsidiary Presidio Merchant Partners LLC, recently released its Automotive Retail M&A Update for mid-year 2011. Some highlights of Presidio’s update include: M&A activity for auto de
Sep 6, 2011
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August Auto Sales Better Than Expected: Chrysler Posts 31% Gain
August sales came in a little better than was expected, but were still flat from last month, according to Jessica Caldwell, Senior Analyst from Edmunds.com said. Caldwell said the external factors from August, including the rocky financial and stock
Sep 6, 2011
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TrueCar.com: Transaction Prices Continue to Drop Off Peak but Remain High Even as Incentives Increase
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 $29,539 in August 2011, up $388 (1.3 percent) from August
Sep 6, 2011
President of Automotive Business Unit for HookLogic Explains How It’s all about the Show, Baby!
The evolution of Internet lead management has lead dealers and managers to understand that their main focus has to be on driving quality customers from their leads into the showroom floor. How can dealers differentiate themselves in a highly competit
Sep 6, 2011
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Owner and President of Moore & Scarry Advertising Explains How to Get Great Traffic with Google’s Most Popular Services
Google is the number one driver of traffic to dealer web sites. Find out from an insider how to get great traffic with Google’s most popular products and services. How can you rapidly increase qualified traffic through search engine optimizati
Sep 6, 2011
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Kia Optima Named “Most Gorgeous Car Under $20K” by Esquire
IRVINE, Calif. — With U.S. production of the stylish and performance-oriented Optima getting underway last week at Kia Motors Manufacturing Georgia (KMMG)(1), the head-turning design of Kia’s popular midsize sedan continues to earn high p
Sep 6, 2011