Trending Auto Retail News
GM Recalls 50,000 Crossover Vehicles
According to the National Highway Traffic Safety Administration’s website, General Motors is recalling 50,000 crossover vehicles to fix a problem with the windshield wiper movement causing it to not work properly. NHTSA’s website said the recall includes the 2011-2012...
NHTSA is a Step Closer to Issuing BMW Recall
A story on WashingtonPost.com said the National Highway Traffic Safety Administration is one step closer to issuing a recall of the BMW 7-Series after an eight-month long investigation. The story said NHTSA began the investigation of transmission control problems in...
Hyundai Motor America Selects Manheim to Launch Private Label Site Exclusively for its Franchised Dealers
ATLANTA– To provide franchised dealers better access to Hyundai inventory, Hyundai Motor America (HMA) recently launched Hyundai Fastlane (www.hyundaifastlane.com), an OVE.com-styled platform that provides Hyundai franchised dealers with the first opportunity to...
American Financial & Automotive Services and Assurant Solutions Renew Product Protection and Repair Partnership
ATLANTA and THE WOODLANDS, Texas -- Assurant Solutions, a global specialty insurance and risk management company, today announces an extension of its long-term, exclusive relationship with American Financial & Automotive Services, Inc. (American Financial). Terms...
The Last Mile: Making your Online Acquisitions More Efficient
There’s a curious irony at work in our industry. That is, dealers know they need to give online shoppers as much information about their used vehicles as possible to capture their confidence and interest in a unit. Yet, when it comes to wholesaling their vehicles at...
Study: Proposed Fuel Economy Rules Cut 7 Million Car Buyers Out of New-Vehicle Market
WASHINGTON -- The National Automobile Dealers Association (NADA) released a study today indicating that higher vehicle prices resulting from proposed fuel economy rules will cut millions of potential new-car buyers out of the market in 2025. "To work, fuel economy...
NADA: Used Car Prices in 2012 Set to Peak in April
McLEAN, Va. -- Trade-in values on used cars are expected to peak over the next few weeks, said Jonathan Banks, executive automotive analyst with the National Automobile Dealers Association (NADA) Used Car Guide. "While prices for all used-vehicle segments will remain...
Rusty Wallace Auto Group Selects re:member group to Implement Customer Loyalty Program
MINNEAPOLIS -- To better serve customers in their service department, Morristown, Tennessee-based Rusty Wallace Auto Group turned to re:member group to create a customized points program for their GMC/Buick/Cadillac/KIA stores, geared to reward customers for...
BMW Financial Services Offers $300 Mobile Vochure Through Ultimate Drive Smartphone App
Woodcliff Lake, NJ — The Ultimate Drive App for the iPhone and Android devices (www.ultimatedriveapp.com or www.facebook.com/BMWUSA?sk=app_199134910131531 ) can now lead BMW Financial Services customers to not only some great roads across the U.S., but today through...
U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Sales Up 13 Percent in March
Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 29,604 sales of certified pre-owned vehicles for March 2012, the strongest sales month since March 2011—last year’s best month. These sales represent a 13 percent increase compared to February and a 5...
Rising Used-Car Values Aid New-Vehicle Sales
According to the Blue Book Market Report for April 2012, rising used-car values aid in new-vehicle sales. Click here to read the full results: Blue Book Market Report – APRIL 2012. THIS MONTH’S REPORT INCLUDES: MARKET ANALYSIS Kelley Blue Book Raises Sales Forecast...
GM Financial Announces $1.1 Billion Senior Subordinate Asset-Backed Securitization
FORT WORTH, Texas -- GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”), announced the pricing of a $1.1 billion offering of automobile receivables-backed securities through lead managers Credit Suisse, RBS and Wells Fargo Securities. Co-managers...
Join us for Digital Dealer Las Vegas 2021