Trending Auto Retail News
Solving Used Vehicle Supply Problems
It seems that nearly every dealer I talk to, when discussing the health of their business, brings up the subject of tight vehicle supply. Depending on the manufacturer, new vehicle supply has been a challenge with recent earthquakes in Japan and floods in Thailand....
Hyundai Shines Spotlight on All-New Azera as the Exclusive Automotive Sponsor of the 84th Academy Awards
COSTA MESA, Calif. -- Hyundai, the exclusive automotive sponsor of the Academy Awards for the fourth consecutive year, joins Hollywood in honoring the biggest stars of the silver screen on Oscar Sunday, broadcast on February 26 on ABC. Nine Hyundai ads will air...
February 2012 Small and Subcompact Market Share Expected to Rise
SANTA MONICA, Calif. -- Gas prices have risen nearly 20 cents in the last month, according to AAA. TrueCar.com, which is devoted to bringing transparency to the car buying process, expects a surge in sales of small and subcompact cars in the coming months as consumers...
TrueCar.com: February Used Car Sales Estimated to be up 16.5%
SANTA MONICA, Calif. -- TrueCar.com, the authority on new car pricing, trends and forecasting, this week released its February 2012 sales and incentives forecast. The forecast shows the following: For February 2012, new light vehicle sales in the U.S. (including...
Cars.com Dealer Training Manager Discusses Setting Up the Dealership’s Brand to Succeed With Today’s New-Car Shopper
Laurie Foster, dealer training manager at Cars.com, is sharing her expertise with automotive dealers and managers on setting up the dealership’s brand to succeed with today’s new-car shopper. Buying a new vehicle isn’t just about price – like most other industries, a...
President of Mudd Advertising Explains How to Convert Web Traffic to Floor Traffic
Rob Mudd, president of digital media at Mudd Advertising and Mudd 360, is sharing his expertise with automotive dealers and managers on CPO/used digital integration strategies. According to Rob, utilized integrated digital platforms allow dealers to increase their...
President of Cactus Sky Communications Discusses How to Increase the Internet Department’s Closing Ratio by 5% in 90 Days
Peter Martin, president of Cactus Sky Communications, is sharing his expertise with automotive dealers and managers on how to increase your Internet department’s closing ratio by 5% in 90 days. You will be provided with step-by-step processes that will result in a...
J.D. Power and LMC Automotive Report: Strength in New-Vehicle Retail Sales is Driving Performance in February
WESTLAKE VILLAGE, Calif. — New-vehicle retail sales performance in February has been strong month-to-date, with the selling rate outperforming January’s, according to a monthly sales forecast developed by J.D. Power and Associates Power Information Network® (PIN) and...
CarFinance.com Takes the Headache Out of Auto Refinancing: Helps Credit Challenged Consumers Reduce Monthly Payments
IRVINE, Calif. -- CarFinance.com, the company that is revolutionizing the auto loan process for the more than one in three (36%) consumers with less-than-prime credit[1], today launched a virtually paperless, direct-to-consumer auto loan refinancing solution for the...
A ‘Firming’ Insurance Market for 2012
After reading the insurance trade journals for the last month, it seems that the operative insurance term of 2012 is firming. Firming is, “insurance-speak” for slowly raising rates. A firming market is one where insurance rates go up at a pace that insurance consumers...
Lithia Motors Reports Used Vehicle Retail Same Store Sales Increased 21%
MEDFORD, OR -- Lithia Motors, Inc. reported the highest fourth quarter net income in company history, and more than doubled earnings for the fourth quarter and full year 2011 over the prior year periods. 2011 fourth quarter adjusted income from continuing operations...
Dollar Thrifty Automotive Group Completes $450 Million Senior Secured Credit Facility
TULSA, Okla. -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the completion of a new five-year $450 million senior secured credit facility that significantly enhances the Company's liquidity, as well as its operating and financing flexibility. ...
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