Trending Auto Retail News
Edmunds.com: Luxury Automakers Jostle for Spotlight at New York International Auto Show
SANTA MONICA, Calif.--The New York International Auto Show (NYIAS) might be the last event of the auto show season, but it will be offering many first looks at several all-new and revamped vehicles coming to dealer showrooms in the near future, reports Edmunds’...
Ford Recalls 140,000 Vehicles
According to the National Highway Traffic Safety Administration’s website, Ford Motor Company is recalling more than 140,000 vehicles to fix a problem with the windshield wiper switch. The recall includes the 2012 Ford Focus. Click here for more information on this...
Faulty Fuel System Prompts Jeep Recall
Chrysler Group LLC is recalling almost 2,000 2012 Jeep Compass and Patriot vehicles to fix a problem with the fuel system, the National Highway Traffic Safety Administration’s website. The website said in the event of an impact or rollover, the fuel could leak and...
Social Media Offers New Ways to Deliver Customer Service to Ford Owners
DEARBORN, Mich. – When Steven Yourstone wanted answers about the arrival of his 2011 Explorer, he contacted Ford. But he didn’t pick up the phone or work through any complicated message systems. He simply asked his question on the Ford Explorer Facebook page. He got...
Manheim Recognized with Dealers’ Choice Awards for Eighth Consecutive Year
ATLANTA – Continuing to prove that Manheim is the top solution for remarketing dealers seeking quality inventory, Manheim and OVE.com were recently named recipients of Auto Dealer Monthly magazine’s 2012 Dealers’ Choice Awards. OVE.com received the Diamond award, the...
Dealer.com Awarded Patent for its Human Voice Inventory Video Technology
Burlington, VT – Dealer.com, the global leader in online marketing solutions for the automotive industry, today announced it has been awarded U.S. Patent No. 8112279 for its audio file creation technology featured in its CarFlix HumanVoice product. The CarFlix...
Transaction Prices Rise to Highest Levels
SANTA MONICA, Calif. -- TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,748 in March 2012, up $1,977 (6.9 percent) from March 2011 and up $143 (0.5...
Direct Auto Loan Delinquencies Fall
WASHINGTON – Consumer delinquencies fell in all 11 loan categories tracked by the American Bankers Association, which today released results from the fourth quarter 2011 Consumer Credit Delinquency Bulletin. The composite ratio, which tracks delinquencies in eight...
Better Losses for Better Premiums
Every dealer knows there is a relationship between the losses printed on your loss runs and the premiums you pay. If premiums continue to rise as predicted by industry professionals, the first dealers to feel the pain will be those with higher losses. Many insurers...
Auction123 is Recognized by Dealers in the 2012 Dealers’ Choice Awards Receiving the Platinum Award for Best Online Inventory Marketing Tools
Fort Lauderdale, Florida -- Auction123, a website development, inventory management, and online marketing software provider for dealers of all vehicle categories since 2001, is proud to announce it has been named the Platinum Award winner in the Best Online Inventory...
Edmunds.com: Strong Sales Let Automakers Hold the Line on Incentives in March
SANTA MONICA, Calif. — March’s incentive spending on new car sales decreased month-over-month, suggesting that surging auto sales are being driven more by consumer demand than sweet deals at the dealership, according to an analysis of Edmunds.com’s True Cost of...
Luxury Automaker’s CPO Sales up 12%
For the month of March 2012, Porsche's Approved Certified Pre-Owned vehicle sales were 862, compared to 770 last year – a 12 percent increase. Year-to-date, Porsche's CPO sales are up 14 percent (2,367 vs. 2,073).
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