Sales & Variable OPS
New-Car Shoppers Return To Market In November After Superstorm Sandy Disrupts October Sales
Strongest Sales Month Expected in December; Honda, Volkswagen Rely on Redesigns to Drive Gains IRVINE, Calif. -- New-car sales are expected to hit 14.7 million seasonally adjusted annual rate (SAAR) in November, slightly outpacing the 14.3 million unit pace achieved...
Ford Expects November To Be Its Best Hybrid Sales Month Ever; Electrified Vehicle Sales Increase Fivefold to 11%
Ford projects November will be its best hybrid sales month ever with more than 6,000 units sold. Ford is expected to capture an all-time-high 11 percent share of the electrified vehicle market – an increase of more than fivefold this year alone. November marks the...
2013 Honda Civic Debuts at L.A. Auto Show Packed with Additional Features, Cementing its Class-Leading Status
Pricing announced for January debut of Accord Plug-In with class-leading MPGe, Accord Hybrid due next summer; Auto show debuts for 2013 Crosstour and CR-Z TORRANCE, Calif. – The 2013 Honda Civic debuted today at the 2012 Los Angeles Auto Show sporting extensive...
Location Targeting: Dealers Now Able to Target Mobile Shoppers Based on Location
AutoMotion Dealer App releases new Location Targeting feature Minneapolis, MN -- Dealers can now target mobile shoppers based on their location. Today AutoMotion Dealer App released a ground-breaking new feature for its iPhone and Android app technology. The new...
Create the Ultimate Digital Marketing Plan for 2013
Learn the latest strategies to engage and retain more customers, increase revenue and profits. There is little doubt that the customer landscape has fundamentally changed. With a powerful mini-computer in most of your customer’s pockets, they research dealership...
Edmunds.com Advises Car Shoppers on How to Make the Most of the Los Angeles Auto Show
SANTA MONICA, Calif. — As the 2012 L.A. Auto Show opens to the public this weekend, Edmunds.com, the premier resource for car shopping and automotive information, advises shoppers on strategies they can use at auto shows to help them make an informed decision on their...
KAR Auction Services Announces Secondary Offering of Common Stock
Carmel, IN – November 30, 2012 – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today the commencement of an underwritten offering of up to $200 million of its common stock by existing stockholder KAR Holdings II, LLC (the “LLC”), subject to market...
KAR Auction Services Announces First Cash Dividend
Board Declares Quarterly Dividend of $0.19 per Share Carmel, IN – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today that its Board of Directors has approved the initiation of a quarterly cash dividend on the Company’s common stock. The initial...
November 2012 Used Car Sales Estimated to be up 3.8% According to TrueCar.com
Highest SAAR Since February 2008 at 15.2M Estimated Incentive Spending Highest Since August 2010 at $2,765; Chrysler and Ford Have Lowest Incentive Spend Since January 2003 and September 2002, Respectively SANTA MONICA, Calif. – TrueCar.com today released its...
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