Sales & Variable OPS
Consumer Reports Finds High Prices & Shoddy Repairs among Car Owner’s Biggest Repair-Shop Gripes
YONKERS, NY — Prices that are too high and the inability to perform repairs properly are the main reasons that car owners become dissatisfied with auto repair shops, according to a Consumer Reports subscriber survey regarding their experience with car-repair service...
Sonic Automotive, Inc. Reports Parts and Service Revenue Up 5.1% in Q1
CHARLOTTE, N.C. -- Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, this week reported 2012 first quarter earnings from continuing operations of $19.5 million for a 24% increase over the prior year results. Earnings from continuing...
RouteOne Offers Free Windows® Phone 7 App
FARMINGTON HILLS, Mich. -- RouteOne announced the availability of its free Windows® Phone 7 app, available now for download from the Windows Phone Marketplace. Using the RouteOne Windows Phone 7 app, users may view and manage all deals and leads, whether in the...
BMW Recalls 2,800 Vehicles
According to The National Highway Traffic Safety Administration’s website, BMW of North America, LLC is recalling 2,846 vehicles to fix a problem with the engine cooling system. The recall includes: 2011 BMW 5-Series 2011 BMW 5-Series Gran Turismo 2012 BMW 6-Series...
Mopar® Customized Rides Take Spotlight at Beijing International Automotive Exhibition
Beijing - Chrysler Group LLC will head to the Far East to showcase its Mopar® brand in China at the Beijing International Automotive Exhibition. Fiat Freemont features numerous Mopar® accessories Jeep® Wrangler Arctic gets ‘Moparized’ ‘Moparized’ Chrysler 300 Ruyi...
Should Dealers Have Interest in Pinterest?
During a recent management retreat, a colleague introduced the group to the Internet’s fastest growing social networking site, Pinterest.com. Pinterest (pronounced pin-terest, not pin-interest) has burst onto the Internet with growth rates we haven’t seen since...
Audi Pre-Owned Sales Set New March Record
Audi Certified pre-owned sales of 3,351 vehicles set a new March record, besting the previous record of 3,318 set in 2011; Southern and Western regions also achieved all-time records for March.
Credit Thaw a Breath of Spring Air to Consumers, Retailers and Lenders
Living in Southern California, I don’t get to experience the four seasons like people in many other parts of the country. However, I recently visited some of my co-workers in Chicago and couldn’t help but notice the smiles on their faces and pep in their steps. It was...
S&P/Experian Credit Default Indices: Consumer Credit Default Rates Decreased in March 2012
NEW YORK -- Data through March 2012, released recently by S&P Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults showed that, with the exception of bank card, all loan...
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