Trending Auto Retail News
Toyota and Lexus Say “Welcome Home” to Troops with Special Financing and Military Rebate Program
TORRANCE, Calif. -- As tens of thousands of troops return from overseas deployments, Toyota and Toyota Financial Services (TFS), and Lexus and Lexus Financial Services (LFS) are offering special APRs and rebates to qualified military personnel and inactive reserves...
Average Days’ Supply Pushed to Lowest Level Since 2003
According to the NADA Official Used Car Guide Update for January 2012, total light vehicle sales in December increased by 9% on an annual basis to reach 1.24M units. NADA UCG said, as a result, full year sales landed at 12.7M units which translated to a 10.2% increase...
Survey: Americans Rank Mileage as Top Depreciation Factor
RICHMOND, Va.-- When asked what is the biggest contributor to a car’s depreciation, more Americans choose mileage, according to an online survey conducted for CarMax, Inc., the nation’s largest retailer ofused cars. Frame damage and not keeping up with regular...
New Look, Latest Technology and Fuel Efficiency Are Key Drivers of Shoppers
ATLANTA — For the January edition of the Shopper Insights Report, brought to you by the AutoTrader.com Trend Engine, the experts at AutoTrader.com named the most significant all-new or newly redesigned vehicles for 2012 and then polled more than 200 shoppers to find...
TrueCar Changes Billing Model in Virginia in Order to Ensure Immediate Regulatory Compliance
SANTA MONICA, Calif. -- TrueCar, Inc., which is devoted to bringing transparency to the car buying process, today announced that it is adjusting its billing model in the Commonwealth of Virginia as a meaningful step towards seamlessly providing greater transparency...
Priority One Celebrates 25 years of F&I Service
St. Petersburg, Florida – Priority One Financial Services, Inc., the recreational industry’s oldest and largest F&I outsourcing provider, will commemorate its 25th anniversary in business by celebrating and honoring their dealer partners. In 1987, entrepreneur,...
Study: Consumers Want Cars Equipped With More Safety Devices and Technology
NEW YORK – While most consumers continue to place great importance on automotive safety systems, there is also growing demand for automated driver-assistance and traffic-avoidance technologies, according to a new global study by Accenture. In a study of in-vehicle...
Dodge Hits the Bull’s Eye with an All-new Compact Car – The Dodge Dart
The All-new 2013 Dodge Dart Blends Alfa Romeo DNA with Dodge’s Passion for Performance and Style, Resulting in a Groundbreaking Compact Sedan All-new 2013 Dodge Dart is the first Chrysler Group vehicle built on Fiat Group architecture 2013 Dodge Dart breaks new ground...
BMW Celebrates 2,000,000 vehicles produced in U.S.
SPARTANBURG, S.C. -- BMW announced today that the company will invest nearly $900 Million USD and add 300 new jobs in 2012 in its South Carolina plant. This announcement was made during a ceremony to commemorate a major production milestone – 2,000,000 vehicles have...
Ford Fusion Earns Autoweek’s Highest Honor: Named Best in Show at North American International Auto Show
DETROIT – Just days after being revealed to the world, the new Ford Fusion is already bringing home awards. The Autoweek editorial staff has chosen Fusion for its Best in Show award at the North American International Auto Show (NAIAS). The selection is based on one...
Compli Hires Darrel Young as Vice President of Development
Portland, Ore. -- Compli®, the nation's trusted provider of HR and compliance management software, has appointed Darrel Young as Vice President of Development. In this role, Young is responsible for managing the development team and the company’s technology...
Manheim’s Digital Tour Equips Auction Employees to Support Growing Digital Use
ATLANTA – Manheim begins 2012 with a digitally savvy auction workforce due to a comprehensive training program that wrapped up in Dec. 2011– the Manheim Digital Experience Tour. Last fall, the tour traveled to all 63 continental U.S. locations and provided 8,400...
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