Trending Auto Retail News
GM Recalls Luxury Models
General Motors announced the automaker is recalling almost 9,000 Cadillac vehicles, according to Autoblog.com. The story said the problem is a transmission issue that could cause the driver to not be able to shift the vehicle. Vehicles included in the recall are the...
Edmunds.com December Auto Sales Forecast: Industry Ends Year on a Note of Caution, Even as Chrysler Turns up the Heat
SANTA MONICA, Calif. — An estimated 1,230,099 new cars will be sold in December, for a projected Seasonally Adjusted Annual Rate (SAAR) of 13.4 million units, forecasts Edmunds.com, the premier online resource for automotive information. The sales pace is a slight dip...
Automaker Announces Third Recall in December
According to The Detroit News, an oil leak is causing Nissan to recall six different Nissan and Infiniti vehicles. The story said the recall included 14,000 vehicles that have a bolt that might cause an oil leak.
Auto Windshield Replacement Company Launches Campaign Funding Initiative
PHOENIX -- Asking for donations during economic recession is never easy, so Stuart Weatherman, owner of Arizona-based Diamond Auto Glass, has developed a creative solution for any giving campaign: "Diamond Auto Glass Cares." His program seeks to provide...
S&P/Experian Credit Default Indices: Auto Loans Move Down to 1.17%
NEW YORK -- Data through November 2011, released today by S&P Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that first mortgage and bank card default rates rose...
TransUnion Forecasts Auto Delinquencies to Remain at Record Low Levels in 2012
CHICAGO, IL-- TransUnion released its annual national auto delinquency forecast indicating that the ratio of borrowers 60 or more days past due will remain the same between the end of 2011 and 2012. Sixty-day auto loan delinquencies are expected to decrease in the...
GM Issues Statement on Saab Vehicle Warranties in North America
DETROIT -- In the event Saab cannot or will not fulfill its obligations to administer the warranty programs with its U.S. and Canadian dealers through Saab Cars North America or otherwise, General Motors will take necessary steps to ensure that remaining warranty...
TD Joins London Bullion Market Association as Full Member
TORONTO - The Toronto-Dominion Bank (TD) today announced that it has become a full member of the London Bullion Market Association (LBMA), bolstering its wholesale sales and trading offering in the precious metals market. The LBMA is the London-based trade association...
What was the best selling used vehicle in 2011?
SANTA MONICA, Calif. — The Ford F-150 is the top-selling new vehicle of 2011, while the Honda Accord is the best selling used car of the year, reports Edmunds.com, the premier online resource for automotive information. Edmunds.com’s review of 2011 car sales also...
Transaction Prices for Some New Vehicles Grew 3-5%+ as a Result of the Japanese Disaster
SANTA BARBARA, Calif. -- The Japanese disaster resulted in a nearly 6 percent jump in new vehicle pricing for one key model, according to ALG, a subsidiary of TrueCar, Inc. and the industry benchmark for residual values and depreciation data. After the March...
Mobile Website Traffic up 25% for Buyers
Manheim’s Digital Monthly Update offers an inside look to: traffic updates for Manheim websites, online transaction trends for the previous month, overall audience growth and seller vs. buyer data. This month, the metrics measured in November showed continued progress...
NADAguides.com Q3 Consumer Market Interest Report Indicates Korean and American Manufacturers Top-of-Mind
COSTA MESA, Calif. -- NADAguides.com, the most comprehensive new and used vehicle information provider on the Internet today, announces its Consumer Market Interest Report for the third quarter of 2011 – indicating a continued trend of interest gain for Korean and...
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