Trending Auto Retail News
Average Unique Visitors to Shoppers Up 59%
According to a data from Dataium, the conversion rate of the average unique visitors to shoppers was up 59% during the month of April 2012. This information is based on statistics for national automotive Internet behavior for March 2012. Below are a few key statistics...
Finance Express LLC has added Prestige Financial to its Lender Portal
Rancho Santa Margarita, CA -- Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that it has entered into an agreement with Prestige Financial, one of America's most respected names in...
Auto-Bio to Become CAR-BIO
Auto-Bio, a California company providing dealerships with a proven and unique sales tool for pre-owned vehicles since 2004 is changing its name to CAR-BIO. Auto-Bio provides a booklet on each specific pre-owned vehicle on a dealership’s lot, plus an electronic version...
Cars.com Names its Top 10 Underappreciated Vehicles
CHICAGO -- The editors at Cars.com, the premier online resource for buying and selling new and used vehicles, today released their list of the top 10 most underappreciated cars currently on sale. According to the editors, these are all vehicles that should be flying...
New Survey from Yahoo! Autos Finds Americans Ready for Smaller, Fuel Efficient Cars but Divided Sharply Over Paying More for Hybrids
A new survey, released by Yahoo! Autos found that a majority of Americans are ready for a smaller vehicle, a sign of how much concern over gas prices has reshaped our tastes. However they’re sharply divided on whether a hybrid car or truck will be worth the extra...
Mercedes-Benz Financial Services USA LLC Announces Executive Management Changes
FARMINGTON HILLS, Mich. -- Mercedes-Benz Financial Services USA LLC today announced executive management changes at the company effective June 1, 2012. Matthew E. Roy, formerly Vice President, General Counsel and Corporate Secretary, becomes the new Vice President of...
Ford Boosts Vehicle Production By Reducing Summer Shutdown In North America Plants
DEARBORN – Ford Motor Company will produce nearly 40,000 additional vehicles this summer by idling 13 plants, including six assembly plants, for just one week instead of the traditional two. Ford will produce nearly 40,000 additional vehicles this summer by reducing...
Dataium: Online Auto Shopping Grows in April
According to Dataium, April online auto shopping continues this year's positive trend with the number of auto shoppers and searches exhibiting month over month inceases of 21% and 26% respectively. Additionally, the number of leads submitted gained some ground growing...
DealerTrack Holdings, Inc. Reports First Quarter 2012 Financial Results
LAKE SUCCESS, N.Y. -- DealerTrack Holdings, Inc. (Nasdaq: TRAK) recently reported financial results for the first quarter ended March 31, 2012. GAAP Results for the First Quarter 2012 Revenue for the quarter was $91.6 million, as compared to $77.2 million for the...
Mojo Motors Fuels Up for Expansion with $3 Million in Funding for Used Car Buying Platform
NEW YORK -- MojoMotors.com, the leading used car deals platform, today announced that it has closed a $3 million funding round with Atlas Venture and existing investors including RPM Ventures, NextView Ventures, and others. Ryan Moore of Atlas Ventures will join the...
Driving Results
Successful leaders realize that they have a unique obligation to establish a challenging course for their business, to create a new and compelling direction, embrace challenges and establish “BHAGs” that reach for new levels of organization and market performance....
Chrysler Group LLC Recognizes 30 Dealerships for Environmentally-Conscious Operations
AUBURN HILLS, Mich. -- Tim Parker Chrysler Dodge Jeep® Ram in Hot Springs, Ark. is one of 30 dealerships that Chrysler Group LLC has recognized for their unwavering commitment to environmentally-friendly and energy-efficient business practices. 30 Chrysler Group...
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