NEW YORK — The Conference Board Consumer Confidence Index®, which had improved slightly in July, plummeted in August. The Index now stands at 44.5 (1985=100), down from 59.2 in July. The Present Situation Index decreased to 33.3 from 35.7. The

DETROIT – General Motors today announced the retention of former Vice Chairman Robert A. “Bob” Lutz to provide counsel to the senior leadership team of the company. Lutz will be available to executives on a part-time consultancy basis effective

Cedar Falls, Iowa – Due to the high market demand for speed, strategy and execution, Mudd Advertising is launching Mudd TV as an interactive tool to help auto dealers quickly get solutions today for their marketing efforts. This creative solution w

DETROIT – Globally recognized today, the Chevrolet bowtie logo was introduced by company co-founder William C. Durant in late 1913. But how it came to be synonymous with the brand is open to wide interpretation. Durant’s version of how the logo c

As a result of two brand new research studies from Polk and KS&R, we now know for the first time ever how much time car buyers spend on the car shopping process, how much time they spend online versus offline, and which sites they spend their tim

SAN FRANCISCO — Chug, the search engine for cars, today released its list of the top 50 vehicles crowding US dealer lots over the upcoming Labor Day weekend – meaning some potentially great deals for holiday weekend car buyers. According

TORRANCE, Calif. — Responses were as straightforward as trying to pay down student loans, to as adventurous as setting off on a road trip to explore America’s great national parks.  When Toyota Financial Services (TFS) launched its on-li

AUBURN HILLS, Mich. — Chrysler Group LLC is first domestic automaker to offer new eight-speed automatic transmission. New eight-speed transmission coupled to award-winning Pentastar V6 will offer double-digit increase in fuel economy. New 845RE

Vinnie Micciche, e-commerce director for Group 1 Automotive’s Eastern Region’s Customer Development Center (CDC), takes a “no cookie cutter” approach to directing Internet sales and marketing for 42 dealerships in 11 states. Vinnie believes i