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Luxury Pre-Owned Brand Sales Up in July
For most of the luxury brands, pre-owned sales in July were up, except for BMW. Click below to find out full Certified Pre-owned sales for July: BMW Used Vehicle Sales Down 5.9% Mercedes-Benz CPO Sales Up 10% Porsche Approved Certified Pre-Owned Vehi
Aug 3, 2012
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J.D. Power and Associates Reports: Relationships Fostered under Preferred Programs Significantly Increase Dealer Satisfaction
BMW Financial Services Ranks Highest in Dealer Satisfaction in Prime Retail Credit and Retail Leasing Rankings; Mercedes-Benz Financial Services Ranks Highest in Floor Planning WESTLAKE VILLAGE, Calif. — Satisfaction with automotive finance pro
Aug 3, 2012
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Penske Automotive Reports Used Unit Retail Sales Up 16.4%
Record Q2 Income from Continuing Operations and Earnings per Share BLOOMFIELD HILLS, Mich.– Penske Automotive Group, Inc. (NYSE:PAG): Second Quarter 2012 First Half 2012 Revenue Increases 19.2% to $3.4 Billion Revenue Increases 18.6% to $6.6 Bi
Aug 2, 2012
Ford Celebrates Production Launch of the Only Front-Wheel- Drive Hybrid Transmission To Be Made in North America
STERLING HEIGHTS, MICH. – Ford launches a new era of clean tech and job growth with today’s debut of a new flexible assembly line at Van Dyke Transmission Plant, making Ford North America’s only producer of front-wheel-drive hybrid transmission
Aug 2, 2012
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The All-Electric Toyota RAV4 EV First Drive
Newport Beach, Calif. – Toyota Motor Sales, USA, Inc. (TMS) offered news media first drive opportunities today for the Toyota RAV4 EV, an all-new, all-electric SUV arriving in select California dealerships later this summer. During the media event
Aug 2, 2012
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Dealer.com Celebrates Manhattan Beach Office Expansion
Company Brings Together Customers, and Community and Industry Leaders for “Rock the Block” Party Manhattan Beach, CA – Dealer.com, the global leader in online marketing solutions for the automotive industry, is celebrating its newly expanded We
Aug 2, 2012
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Finance & Insurance News
Ally Financial Reports Strong Performance in Auto Finance
NEW YORK — Ally Financial Inc. (Ally) this week reported a net loss of $898 million for the second quarter of 2012, compared to net income of $310 million in the prior quarter and net income of $113 million for the second quarter of 2011. The c
Aug 2, 2012
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Autobytel Reports Continued Year-Over-Year Increases in Revenues and Net Income for 2012 Second Quarter
Company Continues to Generate Cash and Strengthen Balance Sheet and Anticipates More than Doubling of Net Income Year-Over-Year – IRVINE, Calif. — Autobytel Inc. (Nasdaq: ABTL), a leading provider of online consumer purchase requests and
Aug 2, 2012
DealerTrack Endorsed by Virginia Automobile Dealers Association
Company’s Sales and F&I, Inventory Management and Electronic Vehicle Registration Solutions Recommended by VADA LAKE SUCCESS, N.Y. — DealerTrack (Nasdaq: TRAK) today announced that the Virginia Automobile Dealers Association (VADA) h
Aug 2, 2012