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Fixed Operations News
Lithia Motors: Service Body and Parts Sales Increasing 3.6%
MEDFORD, OR — Lithia Motors, Inc. reported 2011 third quarter income from continuing operations of $16.3 million, or $0.61 per diluted share. This compares to a 2010 third quarter income from continuing operations of $9.6 million, or $0.36 per dilu
Nov 4, 2011
CarStations iPhone/Android app helps EV drivers find their charge
CATHEYS VALLEY, CA – A new charging station finder recently appeared in app stores as quietly as the EVs it was developed for whir along. Created by California rancher-come-programmer David Raboy, CarStations is the latest in a lineup of mob
Nov 3, 2011
Polk Reports Significant Growth in New Commercial Vehicle Registrations
SOUTHFIELD, Mich. — New commercial vehicle registrations (Gross Vehicle Weight 3-8) in the U.S. are set to reach 440,000 units for the 2011 calendar year, an increase of 17.6 percent over 2010 calendar year and a 33 percent uptick from 2009, ac
Nov 2, 2011
Chrysler Town & Country and Dodge Grand Caravan Named Top Safety Picks by IHHS
AUBURN HILLS, Mich. — The newest Chrysler Town & Country and Dodge Grand Caravan minivan models have been named Top Safety Pick by the Insurance Institute for Highway Safety for 2012. In addition to receiving top scores in rollover tests,
Nov 2, 2011
Penske Automotive Group Reports Total Revenue Increases 10.5%
BLOOMFIELD HILLS, Mich. — Penske Automotive Group, Inc., an international automotive retailer, today reported record third quarter results including the highest quarterly profit in company history. For the third quarter of 2011, income from co
Nov 2, 2011
New Website Allows Ford Fans to Show the World Just How Much They Love the Blue Oval
LAS VEGAS – Ford fans and enthusiasts can really show just how passionate they are for the Blue Oval thanks to a new website that takes personalization of man caves – or just about any other space – to a whole new level. At www.fansaddit.com,
Nov 2, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Engine Fire Risk Prompts Recall
BMW is recalling a little over 30,000 vehicles from the 2008 to 2011 model years to fix a problem with the circuit board for the water pump, The National Highway Traffic Safety Administration’s website said. The circuit board could overheat and cau
Oct 31, 2011
36,000 Crossover Vehicles Recalled
According to The Detroit News, General Motors is recalling about 36,000 of its crossover vehicles to fix a problem with the tire pressure monitoring system. The recall, the story said, includes the 2012 Chevrolet Equinox and GMC Terrain. The National
Oct 31, 2011
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Fixed Operations News
Sonic Automotive Parts and Service Revenue Up 5%
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 in the pr
Oct 31, 2011