Trending Auto Retail News
Remembering to Forget
As a family business succession planner I am commonly asked: How do I help families find harmony? And then more specifically. How do I convert skeptical, envious, petty, self-serving, back-biters into unified families? How do I help them find agreement on goals and...
The Conference Board Consumer Confidence Index® Declines Again
NEW YORK -- The Conference Board Consumer Confidence Index®, which had declined slightly in April, fell further in May. The Index now stands at 64.9 (1985=100), down from 68.7 in April. The Expectations Index declined to 77.6 from 80.4, while the Present Situation...
DealerRater Welcomes Automotive Industry Veteran Larry Cochran to Executive Management Team
WALTHAM, Mass. – DealerRater, the world’s premier car dealer review web site, today announced that Larry Cochran has joined its management team as Senior Vice President of Dealer Products and Services. In this critical new role, Cochran will have executive oversight...
Dealers United Grows at Staggering Pace: 4,000 Rooftops and Counting
Sarasota, FLA – Dealers United, the first service to truly leverage the buying power of individual dealerships, has proven the value of consolidated negotiation in the industry, surpassing even its own projections with representation from 4,000 automotive dealer...
Truecar.com: May 2012 New Car Sales Expected to Be Highest May Since 2007
May 2012 SAAR Estimated at 14.5M; Volkswagen Sales Highest Ever; Toyota Sales Highest Since August 2009 SANTA MONICA, Calif. -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its May 2012 sales and incentives forecast. The...
Hyundai Enhances Military Incentive Program in Honor of Memorial Day
COSTA MESA, Calif. – Hyundai Motor America expanded its military incentive program for a limited time today. The program is being enhanced to include all five of the U.S. Military Service branches (Air Force, Army, Coast Guard, Marine Corps and Navy) as well as the...
Voting Now Open to Determine Final Design of First-Ever SEMA Mustang Build Powered by Women
DEARBORN, Mich. – Voting is now open to help select the final concept for the first-ever SEMA Mustang Build Powered by Women. To vote now through June 3, the public is invited to visit: http://www.hotrod.com/all-female-mustang-build-ford-sweepstakes/ to view three...
New Vehicle Accessory Spending Dips
Accessories market is expected to bounce back as younger buyers and pickup sales return ROCHESTER, Mich. -- Foresight Research has released the results of its syndicated 2012 Automotive Accessory Market Report. Based on a study of 7,851 recent US new car and truck...
Tulsa Dealer Jim Norton Receives Dealer Advocacy Award
WASHINGTON, D.C. – The American International Automobile Dealers Association (AIADA) today honored Tulsa auto dealer Jim Norton with its Legislative Action Network (L.A.N.) Grassroots Award at the association’s 6th Annual International Auto Industry Summit in...
Santander Consumer USA Expands With Full-Spectrum Auto Lending
DALLAS -- Santander Consumer USA Inc. ("Santander"), an industry leader in auto financing, has expanded its Santander Auto Finance lending program to include the prime tiers. This new "full spectrum" of auto lending will make it easier for dealers to sell more...
52,000 Acura TL Vehicles Recalled
Honda has announced, according to the National Highway Traffic Safety Administration’s website, a recall of the Acura TL. NHTSA’s website said the recall was issued to fix a problem under the hood that can cause the power steering fluid to leak, possibly resulting in...
GM Recalls 4,304 Malibu Vehicles
According to the National Highway Traffic Safety Administration’s website, General Motors is recalling a little over 4,000 2012 Malibu vehicles to fix an issue with the airbag system. The website said the sending and diagnostic module may reset itself after a the...
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