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GM Reports First Quarter Net Income of $1.0 Billion

DETROIT – General Motors Co. (NYSE: GM) has announced first quarter net income attributable to common stockholders of $1.0 billion,…

Dealer News May 4

U.S. Senator Blunt Visits Carfax Data Center

COLUMBIA, Mo. — U.S. Senator Roy Blunt (R-MO) visited the Carfax Data Center on Wednesday, May 2, in support…

Dealer News May 4
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Porsche’s April 2012 Approved Certified Pre-owned Vehicle Sales up 1.5% Compared to Last April

For the month of April 2012, Porsche’s Approved Certified Pre-Owned vehicle sales were 791, compared to 779 last…

Sales and Finance May 3

Audi April Certified Pre-Owned Sales Hindered by Reduced Availability of Models to Sell

HERNDON, Va. – Audi has reported record-setting April sales with a 15% increase to 11,521 new vehicles sold, marking…

Sales and Finance May 3

In April, BMW Pre-Owned Vehicle Sales fell 7%

In April, sales of BMW used vehicles (including certified pre-owned and pre-owned) fell 7.0 percent to 13,511 vehicles…

Sales and Finance May 3
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Through Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 6,368 vehicles in April

MONTVALE, N.J. — Mercedes-Benz USA (MBUSA) has reported April sales of 22,336 for its Mercedes-Benz models, a 23.8…

Sales and Finance May 3
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J.D. Byrider announces asset-backed securitization

INDIANAPOLIS – J.D. Byrider, the nation’s leading used car sales and finance enterprise, closed its first asset-backed securitization…

Sales and Finance May 3

Automotive M&A Activity Gained Momentum Despite Challenges in 2011, According to PwC

DETROIT— Automotive mergers and acquisitions (M&A) activity was strong in the first half of 2011 and then tapered off…

Dealer News May 3
Main Featured

AIADA Releases April 2012 Sales Figures for International Nameplate Automobile Industry

Alexandria, VA – The American International Automobile Dealers Association (AIADA) has released April 2012 sales figures for the international…

Dealer News May 3