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Toyota Forecast Down for The Year
Today, Toyota Motor Company announced the automaker???s forecast for the fiscal year ending March 31, 2012. According to Bloomberg, Toyota is forecasting a 31% decline in profit for the full-year, mostly due to the devastating earthquake and tsunami
Jun 10, 2011
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GM Certified Used Vehicles program renamed Chevrolet/Buick/GMC Certified Pre-Owned Vehicles
DETROIT ??? Starting Saturday, two years of standard maintenance including oil changes will be part of purchasing a Certified Pre-Owned Chevrolet, Buick or GMC vehicle as General Motors moves to tie pre-owned cars, trucks and crossovers to its brands
Jun 10, 2011
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OPENLANE: Used Vehicle Retail Sales Up 12%
According to OPENLANE Market Index for May 2011, During May New Vehicle Retail Sales declined 8% from April levels, while Used Vehicle Retail Sales increased by 12%. Year-over-year, OPENLANE said May New Vehicle Retail Sales were down 4% while Used V
Jun 10, 2011
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Manheim Used Vehicle Value Index Hits Record High in May
Manheim Consulting’s monthly auto industry brief reported May 2011 reported wholesale used vehicle prices hit a record high for the month. The Manheim Used Vehicle Value Index in May jumped 5.6% compared to a year-ago (up to 127.8 in May 2011,
Jun 10, 2011
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Year-to-Date Sales of GM Certified Used Vehicles on the Rise
GM Certified Used Vehicles reports 20,914 sales of Buick, Chevrolet, GMC, Pontiac and Saturn vehicles, a 6% year-to-date sales increase for calendar year 2011. Compared to May 2010, sales decreased 10.6%. Concurrently, Cadillac Certified Pre-Ow
Jun 10, 2011
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Interview with April Ancira, Vice President, Ancira Auto Group
At Ancira Auto Group, it???s all about sharing ??? sharing data and business goals openly with its 550 employees, sharing its spirit of family across 11 dealerships, sharing responsibility with employees for belt-tightening in tough times, and sharin
Jun 10, 2011
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GM Financial to Help Out Dealer Credit More
According to The Detroit News, Daniel Akerson, General Motor Co.???s CEO, said he wants to make GM Financial more available to some of its dealers. According to the story, Akerson wants some of its dealers to be able to stock their dealership lots by
Jun 10, 2011
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Chrysler Announces Special ???0 for 60??? Financing Offered in June on Ram Pickup Trucks
Auburn Hills, Mich. – Chrysler Group LLC announced special June financing on its 2011 Ram 1500 pickup trucks. Qualified consumers who purchase a Ram 1500 Regular, Quad or Crew Cab pickup truck may be eligible for 0 percent financing for up to 6
Jun 10, 2011
American Bankruptcy Institute: May Consumer Bankruptcy Filings Fall 16% from Last Year
Alexandria, Va. ??? May consumer bankruptcies decreased 16 percent nationwide from May 2010, according to the American Bankruptcy Institute (ABI), relying on data from the National Bankruptcy Research Center (NBKRC). The data showed that the ove
Jun 10, 2011