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Open Dealer Exchange, LLC Unveils Enhanced Website
TROY, Mich. – Open Dealer Exchange, LLC, a technology leader that streamlines the automotive buying process for lenders, F&I product providers and dealers, is pleased to unveil its newly redesigned website, www.opendealerexchange.com. The enhan
Oct 26, 2011
Lincoln Luxury Models to Include Pandora
OAKLAND, Calif. — Pandora (NYSE: P), the leading personalized radio service, is now a standard feature on three popular luxury Lincoln models: the MKZ, MKZ Hybrid and the Navigator. The vehicles arrived on dealer lots inSeptember 2011. Linco
Oct 26, 2011
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Localeze Improves Auto Dealer Business Listings for Edmunds.com’s New Dealer Directory for Used Cars
VIENNA, Va. – Localeze, the largest business listings identity management provider for local search, today announced it is supplementing online local business listings for automotive resource Edmunds.com’s newly launched used car dealer
Oct 26, 2011
Asbury New Vehicle Gross Profit Increased 12%
DULUTH, Ga. — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the third quarter 2011 of $14.3 million, or $0.44 per
Oct 26, 2011
Group 1 Automotive Reports Total Revenue Up 7.4.%
HOUSTON — Group 1 Automotive, Inc. a Fortune 500 automotive retailer, reported a third-quarter adjusted net income increase of 23.6 percent to $23.8 million, or $1.04 per diluted share, for the period ended Sept. 30, 2011. This compares to adju
Oct 26, 2011
Sonic Automotive, Inc. Reports 39% Increase in Third Quarter Continuing Operations Earnings
CHARLOTTE, N.C. — Sonic Automotive, Inc., one of the nation’s largest automotive retailers, today reported that 2011 third quarter earnings from continuing operations were $0.33 per diluted share compared to $0.25 per diluted share i
Oct 25, 2011
TrueCar.com: New Vehicle Sales Expected to Reach Highest SAAR Since August 2009
SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today released its October 2011 sales and incentives forecast. The forecast shows the following: For October 2011, new light vehicle sales in the U
Oct 25, 2011
NADA Chairman Outlines New Study of Factory Image Programs
DETROIT — New-car dealers who have been hit hard by the economic recession need less financial pressure—not more—especially when faced with tough decisions to remodel their dealerships, said Stephen W. Wade, chairman of the National Automob
Oct 25, 2011
Chrysler to Invest $165 Million to Add Body Shop to Mich. Assembly Plant
Auburn Hills, Mich. – Chrysler Group LLC announced that it will invest $165 million to add a new one million square-foot body shop to its Sterling Heights (Mich.) Assembly Plant. This follows an announcement in December 2010 that the Company wo
Oct 24, 2011