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Bankrate: Only 17% of Americans Report Better Financial Situation than One Year Ago

NEW YORK — Bankrate.com’s Financial Security Index slumped in October, falling to 92.8 from 93.9, and is now at its second-lowest level of the year. Any reading below 100 indicates feelings of less financial security relative to 12 months
Oct 31, 2011
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America’s Car-Mart Continues Growth – Now Operating 111 Dealerships

Bentonville, Arkansas — America’s Car-Mart, Inc. announced the opening of its newest dealership. The dealership is located in Phenix City, Alabama. “Phenix City is our 10th dealership in Alabama. We have had great success in Alabama and
Oct 31, 2011
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Lexus Captures the Highest Perceived Quality Rating for Alternative Fuel Vehicles

SANTA BARBARA, Calif. — Lexus captured the highest Perceived Quality rating for alternative fuel vehicles with an overall PQS of 89.8 (out of 100), according to the Fall 2011 Perceived Quality Study (PQS) from ALG, a subsidiary of TrueCar, Inc
Oct 31, 2011
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Ally Financial Launches Innovative Vehicle Financing Product

DETROIT — Ally Financial Inc. launches Ally Buyer’s Choice, an industry-first product offering for U.S. dealers and customers on new 2011 and 2012 General Motors and Chrysler vehicles.   Ally Buyer’s Choice is an innovative financi
Oct 31, 2011
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AOA Supplier Digital Network Launches: Aftermarket Suppliers Join Digitally with Dealerships to Increase Accessories Sales

Las Vegas, NV — izmocars announced that it will unveil the revolutionary AOA Supplier Digital Network at this week’s 2011 SEMA show in Las Vegas. The new network solves the multiple coordination challenges between auto dealers and afterm
Oct 31, 2011
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AAPC Condemns Japanese Intervention to Weaken the Yen

Washington, D.C. – The American Automotive Policy Council (AAPC) which represents —Chrysler Group LLC, Ford Motor Company and General Motors Company—condemn Japan’s intervention to weaken the yen.  This is the third intervention so far
Oct 31, 2011

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

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