Trending Auto Retail News
Enhanced CoVideo Email Tool with CarFax Integration Helps Boost Customer Conversion Rates
NORCROSS, GA. – EasyCare and Carfax are partnering to provide Carfax Vehicle History Reports automatically within the EasyCare CoVideo video email tool. Dealers using EasyCare CoVideo and Carfax can immediately deliver Carfax information to prospective customers...
TrueCar Names Auto Retailing Pro Tom Gibson to Board of Directors
SANTA MONICA, Calif. -- TrueCar, Inc., an online automotive information and communications platform focused on creating a better car buying experience for dealers and consumers, today added automotive industry veteran Tom Gibson to its board of directors. Gibson is...
2012 Harris Poll EquiTrend® Automotive Scorecard: Mercedes-Benz and Honda Lead
Kelley Blue Book’s KBB.com Debuts as Online Auto Shopping Brand of the Year; Napa AutoCare, Bose Car Audio, Pennzoil Motor Oil, Michelin, Garmin, and Yamaha Motorcycles rank highest in their categories NEW YORK — After three years of turmoil and consumer skepticism,...
Chrysler Group LLC Hits the Road with Mobile Showroom
Auburn Hills, Mich. - Chrysler Group LLC hits the road this week with its 2012 mobile showroom to visit employee, affinity partner and supplier sites over the next 19 weeks. Traveling showroom on 19-week trek across United States Road show designed for thousands of...
GM Recalls Chevrolet Cruzes for Safety Modifications
DETROIT – General Motors will recall 413,418 Chevrolet Cruzes in the United States for the 2011 and 2012 model years to modify the engine shield under the vehicle. This change will help prevent any liquids from being trapped in the engine compartment, where a fire...
DealerRater Hits Key Milestone of 700,000 Car Dealer Reviews; Reporting an Average 870 New Reviews Daily
As consumers continue to embrace the critical importance of dealer reviews in the car shopping process, DealerRater reports continued impressive growth in its consumer user base and car dealer reviews, solidifying DealerRater’s position as the world’s largest single...
Zeigler Chrysler Dodge Jeep Doubles Up Increasing Sales and Service 98%
Zeigler Chrysler Dodge Jeep in Downers Grove was once closed point Chrysler dealership, which Chrysler closed down for roughly 2 years while identifying a strong dealer group to take it over. When it reopened under the leadership of the Zeigler Auto Group in 2009,...
Massachusetts New Car Dealers and Right to Repair Coalition Agree to Compromise Bill to Avoid November Ballot Question
BOSTON -- Last week the Massachusetts State Automobile Dealers Association (MSADA) and the Massachusetts Right to Repair Coalition announced an agreement on compromise “right to repair” legislation that, if passed, would avoid the November ballot question fight. “At...
WASHDROPS®- Receives First Annual “Green Award – 2012 Product of the Year” From Nationally Syndicated Radio Program, AutoWorld
Solon, OH – Washdrops® the new hose-less, biodegradable car wash and shine solution from automotive aftermarket leader, Cequent Consumer Products, has received the inaugural 2012 Green Product of the Year Award from nationally syndicated radio program AutoWorld and...
Want Better Premium Pre-owned Inventory? Think Outside the Auction
Are you finding it difficult to stock enough of the high-gross vehicles you need? You’re not alone. A strong demand for used inventory is putting the squeeze on dealerships—driving up auction prices and pressuring profit margins. The National Automobile Dealers...
CarMax Reports Total Used Unit Sales Rose 3%
RICHMOND, Va. -- CarMax, Inc. (NYSE:KMX) this week reported results for the first quarter ended May 31, 2012. Net sales and operating revenues increased 4% to $2.77 billion from $2.68 billion in the first quarter of last year. Used unit sales in comparable stores were...
GM Financial Announces $1.2 Billion Senior Subordinate Asset-Backed Securitization
FORT WORTH, Texas -- General Motors Financial Company, Inc. (“GM Financial” or the “Company”), announced the pricing of a $1.2 billion offering of automobile receivables-backed securities through lead managers Barclays, Deutsche Bank Securities, J.P. Morgan, and...
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