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CarMax Wholesale Unit Sales Increase 23%

RICHMOND, Va. — CarMax, Inc. this week reported results for the second quarter ended August 31, 2011. Net sales and operating revenues increased 11% to $2.59 billion from $2.34 billion in the second quarter of last year. Comparable store used u
Sep 22, 2011
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Will September Auto Sales Reach Above 10 Million Units?

WESTLAKE VILLAGE, Calif. — New-vehicle retail sales for September continue to improve, with the selling rate expected to be much stronger than in August, according to J.D. Power and Associates, which gathers real-time transaction data from more t
Sep 22, 2011
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RoadVantage Taps F&I Administration Solutions For F&I Software Administration

AUSTIN, Texas  – RoadVantage, the first aftermarket company to offer dealers the advantage of 90-days free aftermarket programs, today announced a partnership with F&I Administration Solutions, LLC that was signed in August 2011. They recently
Sep 22, 2011
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Which City Claimed the Title of Fastest-Growing New Car Market?

SANTA MONICA, Calif. — Atlanta is the hottest U.S. market for new car buyers, reports Edmunds.com, the premier online resource for automotive information. An Edmunds.com analysis of automotive registration data reveals that new retail car regist
Sep 22, 2011
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NADAguides Announces Top Recommended Current Buys

COSTA MESA, Calif.,  — NADAguides, the leading vehicle pricing and information provider on the Internet, recently released its Quarterly Car Buyers Market Report, which features nine current models from nine different manufactures – Audi, B
Sep 22, 2011
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National Automotive Experts to Connect to Provider Exchange Network for e-Contracting

TROY, Mich. – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, has announced it has launched an integration project with National Automotive Experts (NAE) to offer dealers the ability to electronically contract Vehicle Ser
Sep 22, 2011
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Zurich’s James Noble wins Risk & Insurance’s Innovator award for Zurich Fleet Intelligence

Schaumburg, Ill. – Coming up with a comprehensive fleet telematics program that not only focuses on driver safety, but also fleet safety, costs and efficiency has earned Zurich and one of its risk engineers national recognition. James Noble, Line o
Sep 22, 2011
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AutoTrader.com’s Drive Away Hunger Campaigns in Atlanta and Chicago Raise More Than $80,000 and Collect Over 25,000 Pounds of Food

ATLANTA and CHICAGO — Throughout the past four weeks, AutoTrader.com, participating Chevrolet dealerships, two Major League Baseball teams and two pitching greats teamed up to “Drive Away Hunger” in both the Atlanta and Chicagoland
Sep 22, 2011
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More Women Entering Used Car Business

According to a story from The Detroit News and data from CNW Marketing Research, about 3.6% jobs in the used car sales are held by women.  The data also found that women hold 4.9% of the jobs in new car sales.
Sep 22, 2011