Trending Auto Retail News
Hertz Extends Timing Agreement With The FTC Until November 16, 2012
PARK RIDGE, N.J. -- Hertz Global Holdings, Inc. (NYSE: HTZ) this week announced that, in connection with its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) for $87.50 per...
Audi of America adds new Central Region to support dealers, customers as U.S. presence grows
Fourth region, representing 22% of Audi U.S. dealerships, will open up opportunities to meet target of 200,000 new-car sales before 2020 Audi of America is creating a new Central Region, based near Chicago, to provide greater dealer support nationwide, continue...
Toyota Financial Services Wins 2012 AFP Pinnacle Award Grand Prize
MIAMI -- Toyota Financial Services surpassed dozens of competitors to win the Association for Financial Professionals' 2012 Pinnacle Grand Prize, which recognizes excellence in treasury and finance. The 12th annual Pinnacle Grand Prize, sponsored by Wells Fargo &...
America’s Car-Mart Opens 117th Dealership
Bentonville, Arkansas -- America's Car-Mart, Inc. (NASDAQ: CRMT) this week announced the opening of its 117th dealership. The dealership is located in Oxford, Mississippi. "Oxford is our fourth location to open in Mississippi. It is the type of community that we...
Cars.com Names Linda Bartman Chief Marketing Officer
CHICAGO – Cars.com, the premier online resource for buying and selling new and used cars, today announced that Linda Bartman, the site’s Vice President of Marketing, has been named Chief Marketing Officer. As CMO, Bartman is responsible for overseeing the company’s...
Timmy D. James joins OnlineDrive & ShowroomMagnet as Vice President of Sales
Houston, TX – OnlineDrive, the first company to focus specifically on inbound marketing and the conversion of consumer auto leads, as well as the owner of ShowroomMagnet, is pleased to announce Timmy D. James has joined the OnlineDrive team as the vice president of...
Automotive Institute Survey: Industry Challenges
While Automotive Industry Shows Signs of Recovery, OEMs and Suppliers Confirm Challenges Are Ahead By Way of Raw Material Costs, Natural Disasters and Emerging Technologies DETROIT—The automotive industry is showing signs of recovery, but automotive executives still...
Ford and Carfax Partner for Certified Pre-Owned Programs
DETROIT -- Ford and Carfax have agreed to provide Carfax Vehicle History Reports for the Ford and Lincoln Certified Pre-Owned (CPO) programs. Starting Jan. 1, 2013, Ford is committed to providing a free Carfax® Vehicle History Report™ for every Ford and Lincoln CPO...
Study Shows That Facebook Doesn’t Help Brands Drive Engagement; Superfans Do
BOULDER, CO -- Most brands understand the importance of an active, engaged Facebook community, but few brands know how to build one. Fan participation is never strong enough, so brands do what they think makes sense: focus on getting more fans, and posting more...
Asbury Automotive Group Appoints Michael S. Kearney Industry Veteran to Board of Directors
DULUTH, Ga. -- Asbury Automotive Group (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that Executive Vice President and Chief Operating Officer Michael S. Kearney has been appointed to its Board of Directors. With...
Auto Industry Veteran Joins Forces With 3 Birds Marketing
Barron Meade hired to connect progressive auto executives with company's innovative marketing software and services Chapel Hill, NC -- 3 Birds Marketing, a software developer offering an integrated digital marketing platform and professional services to the automotive...
Ally Financial Announces Agreement to Sell Mexican Insurance Business
First transaction toward strategic plans to pursue alternatives for international businesses DETROIT -- Ally Financial Inc. (Ally) announced that it has reached an agreement to sell its Mexican insurance business, ABA Seguros, to the ACE Group, one of the world's...
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