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GM Issues Statement on Saab Vehicle Warranties in North America
DETROIT — In the event Saab cannot or will not fulfill its obligations to administer the warranty programs with its U.S. and Canadian dealers through Saab Cars North America or otherwise, General Motors will take necessary steps to ensure th
Dec 22, 2011
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Finance & Insurance News
TD Joins London Bullion Market Association as Full Member
TORONTO – The Toronto-Dominion Bank (TD) today announced that it has become a full member of the London Bullion Market Association (LBMA), bolstering its wholesale sales and trading offering in the precious metals market. The LBMA is the Lond
Dec 22, 2011
What was the best selling used vehicle in 2011?
SANTA MONICA, Calif. — The Ford F-150 is the top-selling new vehicle of 2011, while the Honda Accord is the best selling used car of the year, reports Edmunds.com, the premier online resource for automotive information. Edmunds.com’s rev
Dec 22, 2011
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Transaction Prices for Some New Vehicles Grew 3-5%+ as a Result of the Japanese Disaster
SANTA BARBARA, Calif. — The Japanese disaster resulted in a nearly 6 percent jump in new vehicle pricing for one key model, according to ALG, a subsidiary of TrueCar, Inc. and the industry benchmark for residual values and depreciation data. A
Dec 22, 2011
Mobile Website Traffic up 25% for Buyers
Manheim’s Digital Monthly Update offers an inside look to: traffic updates for Manheim websites, online transaction trends for the previous month, overall audience growth and seller vs. buyer data. This month, the metrics measured in November showe
Dec 22, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
NADAguides.com Q3 Consumer Market Interest Report Indicates Korean and American Manufacturers Top-of-Mind
COSTA MESA, Calif. — NADAguides.com, the most comprehensive new and used vehicle information provider on the Internet today, announces its Consumer Market Interest Report for the third quarter of 2011 – indicating a continued trend of intere
Dec 22, 2011
Toyota Financial Services Receive 100% Score on Annual Corporate Equality Index
TORRANCE, Calif. — The Human Rights Campaign (HRC) the nation’s largest gay, lesbian, bisexual and transgender (LGBT) civil rights organization, announced that both Toyota Financial Services (TFS) and Toyota Motor Sales (TMS) have once ag
Dec 22, 2011
Mercury Insurance Demands $89 Million Auto Insurance Increase While Its Chairman Funds Initiative Promising “Discounts”
SANTA MONICA, Calif. — Mercury Insurance is seeking permission to raise auto insurance rates by $89 million. At the same time, the company’s Chairman George Joseph is spending $8 million on a 2012 ballot initiative that insurance bil
Dec 22, 2011
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J.D. Power and Associates: New-Vehicle Retail Sales End 2011 with Strong Performance
WESTLAKE VILLAGE, Calif. — Consistent with their performance in November, new-vehicle retail sales continue to show strength, according to a monthly sales forecast developed by J.D. Power and Associates Power Information Network® (PIN) and LMC Au
Dec 22, 2011