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TrueCar.com Lists Best October SUV Deals

Now is the best time to purchase a sport utility vehicle, according to TrueCar, with some October SUV discounts over 15 percent and thousands of dollars in potential savings off MSRP for some models SANTA MONICA, Calif. — TrueCar.com, which an
Oct 30, 2012

New AutoTrader.com White Paper Shows Direct Connection Between Online Advertising And Distance Buyers Travel To Make A Vehicle Purchase

Geo-distance analysis provides key insights into what dealers can do to reach outside of their immediate market to attract more buyers. ATLANTA — AutoTrader.com has released a new white paper which quantifies for the first time ever how much i
Oct 30, 2012

Ford Earns Record Third Quarter 2012 Pre-Tax Operating Profit of $2.2 Billion, Net Income of $1.6 Billion+

DEARBORN, Mich.  –Record profit and operating margin in North America and continued solid performance from Ford Credit drove the best-ever third quarter profit for Ford Motor Company (NYSE: F) as it reports quarterly results today. Best-ever t
Oct 30, 2012

Will Hurricane Sandy Impact October Car Sales?

When asked about the impact Hurricane Sandy will have on October car sales, Edmunds.com Sr. Analyst Jessica Caldwell said: “The storm likely will have an impact on October sales, especially since it comes at the end of the month, but those sales wo
Oct 29, 2012

Chrysler Group Third-Quarter 2012 Net Income Increased To $381 Million

Third-Quarter Modified Operating Profit Increased 46 Percent To $706 Million Auburn Hills, Mich. – Chrysler Group LLC today reported preliminary third-quarter financial results, including net income of $381 million, an increase of 80 percent fr
Oct 29, 2012

Polk To Offer Aftermarket Insight During AAPEX, SEMA Shows

SOUTHFIELD, Mich. — Polk executives will share key automotive aftermarket insight as part of the upcoming Automotive Aftermarket Products Expo (AAPEX) and Specialty Equipment Market Association (SEMA) Show in Las Vegas.  Polk presentations wi
Oct 29, 2012

Group 1 Automotive Reports Parts and Service Gross Profit Increased 8.1%

HOUSTON — Group 1 Automotive, Inc., a Fortune 500 automotive retailer, reported record 2012 third-quarter net income of $31.3 million and record diluted earnings per common share of $1.32 for the period ended Sept. 30, 2012. Net income increas
Oct 29, 2012

Auto Industry Recovering Slowly, but it is Recovering

A few weeks ago, I saw an article that painted a not-so-rosy outlook for the automotive industry. Some analysts downgraded their forecast for annual sales by about 500,000 units. On an emotional level, I understand why some people had a negative reac
Oct 26, 2012

Asbury Automotive Reports Parts and Service Revenues Up 1%

DULUTH, Ga.– Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported income from continuing operations for the third quarter 2012 of $22.8 million, or $0.72 per diluted
Oct 26, 2012