Trending Auto Retail News
Avoid Customer Attrition: Sell Tires!
Twenty years ago, I was doing some consulting work for a Chrysler dealership in the Midwest. Day one was simply an on-the-drive observation day, I stood near the advisors to simply watch and listen. Mid-morning, a vehicle approached the service drive with the “donut”...
Carfax To Receive Patents To Help Insurance Industry
Vehicle History Attributes to Improve Underwriting and Ratings CENTREVILLE, Va. -- Carfax, Inc. is pleased to announce that the United States Patent and Trademark Office (USPTO) has published a Notice of Allowance for U.S. Patent Application Serial Number 13/181,736...
KPMG Survey: U.S. Auto Companies Will Add Employees and Expand Facilities This Year
More Execs Cite Lack of a Qualified Workforce as a Growth Barrier; Most see slowdown in European vehicle sales lingering for at least another 18 months DETROIT -- Armed with growing revenues and strong balance sheets, and to keep up with increasing vehicle demand,...
Brad Keselowski Racings Helps Cequent Consumer Products Launch New Logo for Laitner “Quality Cleaning Tools” Brand BKR Races #29 Laitner and PlanItDIY RAM at Chicagoland Speedway
SOLON, OH – Parker Kligerman, NASCAR driver of the #29 Laitner Cleaning Tools, PlanItDIY.com BKR RAM Truck will be racing in the Camping World Truck Series at Chicagoland Speedway on Saturday July 21st. There are two reasons Kligerman’s truck is special this week. One...
Ally Bank Earns Praise as a Top “Trustworthy” Retail Bank
MIDVALE, Utah -- Ally Bank's customer-centric approach to banking is earning a trusted reputation among consumers and third parties. In addition to ranking among the top five 2011 "Most Trusted Companies for Retail Banking" in a study recently released by Ponemon...
Polk Appoints Kathleen Schroeder as Vice President, IS&S Production
SOUTHFIELD, Mich. – Kathleen Schroeder has been appointed vice president, information services and support (IS&S) production at Polk. In her new role, Schroeder will be responsible for U.S. production operations and will join the IS&S Leadership Team (ISSLT)....
Yahoo! Autos Selects Detroit Trading Company as Exclusive Technology Platform
Detroit Trading Company will also act as distributor to its extensive buyer network SUNNYVALE, California & DETROIT, Michigan — Detroit Trading Company has been selected to handle the vehicle inventory and lead operations for Yahoo! Autos, one of the world’s...
Maryann Keller Joins Auction Direct USA Board of Directors
Key Automotive Industry Expert Joins Leading Used Car Sales Organization ROCHESTER, N.Y. — Auction Direct USA announces that Maryann Keller, managing partner of global auto industry advisory services, Maryann Keller & Associates, LLC has joined its board of...
Rising Gas Prices Trigger a Bump in Values for Some Affordable Fuel-Sippers
According to Alec Gutierrez, Senior Market Analyst, Industry Insights at Kbb.com, for the first time since April, Kelley Blue Book has seen values increase on affordable small cars such as the Honda Fit, Smart fortwo, Suzuki SX4, Volkswagen Jetta TDI, Kia Rio and...
Blue Book Market Report: Used-Car Values Drop 2%
According to the Blue Book Market Report – JULY 2012, Used-car values dropped more than 2 percent in June, the second consecutive monthly decline since values leveled off in early April. This month’s report includes: USED-CAR MARKET ANALYSIS Drop in Gas Prices Drives...
AutoNation Reports Used Vehicle Revenue Up in 2012
AutoNation Reports All-Time Record Quarterly EPS from Continuing Operations FORT LAUDERDALE, Fla. -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today reported 2012 second quarter adjusted net income from continuing operations of $82 million,...
Capital One Reports: Period-End Loans in Auto Finance Grew 7%
Both first and second quarter 2012 results were significantly impacted by acquisition accounting impacts and other items MCLEAN, Va. -- Capital One Financial Corporation (NYSE: COF) today announced net income for the second quarter of 2012 of $92 million, or $0.16 per...
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