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At Least One Manufacturer is Demonstrating Honesty

I wrote in last month’s column that the expected limited availability of vehicles across all linemakes, and in particular Japanese manufacturers, was going to be serious concern on several fronts. At this writing, Toyota’s production is currently
Jul 1, 2011

Three Manheim Locations Receive Wells Fargo Auto Finance Top Performance Awards

ATLANTA ??? Wells Fargo Auto Finance, Inc. presented three of its four 2010 Top Performance awards to Manheim locations. The company honored Manheim Orlando with the Operational  Excellence award, Manheim Ohio with the Best Online Performan
Jun 10, 2011

Dealer.com Opens Renovated Office Expansion

Burlington, VT ??? Dealer.com, the global leader in online marketing solutions for the automotive industry, today unveiled a 70,000-square foot addition to its current office space, bringing the total office size to 135,000-square feet.  The exp
Jun 10, 2011

Cadillac Unveils New Luxury Design for Dealerships

DETROIT ??? Cadillac is rolling out a new, modern design for its dealerships as part of the brand???s ???Defining Moments??? customer service initiative. Designed by Gensler architects and Cadillac designers, the new showroom layout features open, we
Jun 10, 2011

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

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

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

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

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