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Trending Auto Retail News

Auction Genius Turbo Charge Auction Buying for Dealers

Auction Genius has just announced a unique web-based software solution for auto dealers buying vehicles at auction.  The system provides a quick and simple way to access critical information allowing dealers to make faster and better “buy decisions” on auction...

Ford Posts 2011 Pre-Tax Operating Profit of $8.8 Billion

Ford Posts 2011 Pre-Tax Operating Profit of $8.8 Billion

DEARBORN, Mich. – Ford Motor Company today reported 2011 full year pre-tax operating profit of $8.8 billion, an increase of $463 million from a year ago, as strong performance in North America and Ford Credit offset challenges in other parts of the world. This marks...

AutoNation Reports Total Revenue for Used Vehicles Increased

FORT LAUDERDALE, FL - -  AutoNation, Inc. (NYSE: AN), America's largest automotive retailer,  reported 2011 fourth quarter adjusted net income from continuing operations of $71 million, or $0.51 per share, compared to net income from continuing operations of $68...

Edmunds.com Auto Sales Forecast: Analysts See Chrysler up 35 %

Edmunds.com Auto Sales Forecast: Analysts See Chrysler up 35 %

SANTA MONICA, Calif.  — An estimated 866,655 new cars will be sold in January, for a projected Seasonally Adjusted Annual Rate (SAAR) of 13.4 million units, forecasts Edmunds.com, the premier online resource for automotive information. This sales pace is relatively...

CarMark Certified Program Welcomes Three New Dealers

CarMark Certified Program Welcomes Three New Dealers

CARY, N.C. — The CarMark Certified Pre-Owned program, an industry leader in  comprehensive third-party pre-owned vehicle certification programs, announced recently that three new dealers — two in West Virginia and one in California — have joined its ranks and are...

Manheim Signs Agreement to Purchase Dealer Services Corporation

Manheim Signs Agreement to Purchase Dealer Services Corporation

ATLANTA – To reinforce its commitment to provide inventory financing to independent dealers, Manheim has signed an agreement to purchase Dealer Services Corporation (DSC), a used vehicle floor plan company for independent dealers based in Carmel, Ind. The acquisition...

Winter Preparedness

For many people in the United States, winter means hot chocolate, warm fires and the holidays. But it also inevitably means colder temperatures, snow and ice, which can pose significant risks to your automotive business. That’s why it’s important to prepare your...

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