Trending Auto Retail News
Würth USA Announces Online Payment Solution
RAMSEY, NJ -- Wurth USA, Inc., (WURTH USA) a leading provider of top-quality automotive and cargo chemicals, fasteners, electrical supplies and tools, announced their new online bill payment solution which provides a way for customers to view and securely pay their...
NCM® Associates Adds New Associates to Meet Increasing Demand for Auto Dealer Consulting and Management Training Services
Overland Park, KS --NCM Associates, a leading provider of automotive 20 group, retail operations consulting, training, and operations Benchmark® analysis services to franchised and independent auto dealers, today announced it has hired three new associates to serve...
FTC Charges Businesses Exposed Sensitive Information on Peer-to-Peer File-Sharing Networks, Putting Thousands of Consumers at Risk
Settlements Require Companies to Establish Comprehensive Information Security Programs In its ongoing efforts to safeguard consumers’ private information, the FTC has charged two businesses [complaint 1 | complaint 2] with illegally exposing the sensitive personal...
Akerson Outlines Aggressive Plan for Profitable Growth
Says ‘internally focused, consensus-driven GM’ being reinvented ‘brick by brick’ DETROIT – General Motors Chairman and CEO Dan Akerson shared work underway by the company to improve its profit margins at 2012 Annual Stockholders Meeting on Tuesday in Detroit. He noted...
Average Fuel Economy for New Cars Sold In May 2012 Drops For Two Straight Months
SANTA MONICA, Calif. -- TrueCar.com, the authority on new car pricing, trends and forecasting, today provided actual fuel economy numbers from May light vehicle auto sales that indicate TrueMPG™increased to 23.2 mpg in May 2012 compared to 21.9 mpg in May 2011, and...
The State of General Motors
Today was General Motors 2012 Stockholders Meeting. Below please find the prepared remarks by GM Chairman and CEO Dan Akerson. (Speaker’s words definitive) DETROIT – By any measure, 2011 was a watershed year for GM. We earned record net income of $7.6 billion and...
Manheim Selects Dianne Earley as Market Vice President
Earley Will Lead Mid-Atlantic Market Business Strategy, Operations and Customer Focus ATLANTA – Manheim has selected Dianne Earley as market vice president, Mid-Atlantic market, where she will be responsible for leading business strategy and operations – and exceeding...
You’re not a Floor Plan Lender – You’re a Car Dealer
The auto dealership business is very cyclical. It goes up and down with the economy. When the economy is strong, auto sales usually rise. Alternatively, when the economy is weak, auto sales usually fall. The most recent cycle was a particularly dramatic example of...
Be Alert to Changes to your Dealership’s Area of Responsibility
As we anticipated, the 2010 census data has made its way through the manufacturers’ computer systems and has resulted in changes to many dealers’ areas of responsibility. Chrysler, Ford, Nissan and Toyota have already sent notices to dealers of changes to their...
Edmunds.com on GM’s Shareholder Meeting
With General Motors holding its annual shareholders meeting today, Edmunds.com Vice Chairman Jeremy Anwyl offers the following comment on the state of the automaker: “General Motors enjoyed some momentum after it exited bankruptcy, and supply shortages experienced by...
Kbb.com Launches Newly Redesigned, App-Like Mobile Website; Introduces New Car-Shopping Features For Smartphone Users
MobileWebAward-Winning Site Now Offers Vehicle Reviews, New-Car Comparisons to Help On-the-Go Buyers IRVINE, Calif. -- Kelley Blue Book, the leading provider of new car and used car information, today announces its newly redesigned app-like mobile website for its...
Report: Employment at New-Car Dealerships Up 4.6% in 2011
McLEAN, Va. – There were 933,500 workers employed at U.S. new-car and -truck dealerships in 2011, a 4.6 percent increase from the previous year, said Paul Taylor, chief economist of the National Automobile Dealers Association (NADA). The findings were released today...
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