Trending Auto Retail News
BMW Pre-Owned Sales Down 3%
In November, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 12,196, a decrease of 3.1% from the 12,580 sold in November 2010. Year-to-date, BMW used vehicle sales are down 5.3% on volume of 144,882 compared to 153,048 in the first...
GM Plans World Premieres of Four Vehicles in Detroit
DETROIT – The all-new 2013 Cadillac ATS compact luxury rear wheel drive sedan will be among four General Motors’ concept or production vehicles making world premieres at the 2012 North American International Auto Show in January. “ATS is a crucial part of Cadillac's...
TD Bank Group completes acquisition of MBNA Canada’s credit card business
TORONTO - TD Bank Group (TD) announced it has completed the acquisition of substantially all of MBNA Canada's credit card portfolio, as well as certain other assets and liabilities, from Bank of America Corporation (NYSE: BAC). "The completion of this transaction...
J.D. Byrider names award winners at annual convention
CARMEL, Ind. – Leading franchised used car and finance company J.D. Byrider recognized winners of the company’s annual awards at its November convention in Rancho Palos Verdes, Calif. The Franchise of the Year winners were chosen in three categories – single (one...
Autoshopper.com Delivers Used Vehicle Lead Break Through For Dealers
Orlando, Florida -- Autoshopper.com is ready to announce the release today of a powerful new and used inventory management tool that will eliminate the pain of posting new and used vehicles to all social media sites, and allow dealership personnel to simply and...
Ally Financial Expands Innovative Vehicle Financing Product to Twelve Additional States in December
DETROIT – Ally Financial plans to expand the offering of its flexible Ally Buyer’s Choice product to 12 additional states in December. The product will be available in 17 states by the end of the month and the company plans further expansion of the product to...
High-Tech Rotors Last Longer
DETROIT – A General Motors’ team of global brake experts is helping to make rusty brake rotors history by changing the chemical makeup of the components using a process that could double the life of rotors and save consumers hundreds of dollars. The engineers...
Playing It by Ear
Remember being a kid and playing the telephone game. You had to tell the person next to you a statement, and they in turn tell what they heard to the person next to them and so on. And by the time the last person repeats it we all laugh at how convoluted the statement...
VINtek Manages Second Lien Filings on More Than 70,000 Trucks
PHILADELPHIA -- VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders, announced that it completed second lien filings on a fleet of more than 70,000 trucks using its...
Sean Gunn, Gunn Automotive Group
Third-generation dealer Sean Gunn got his start by working every department and tackling most every task required to run a modern auto dealership. Now chairman of the board, he’s shepherding Gunn Automotive Group’s successful one-price strategy that has strengthened...
George Peters, BDC/e-Commerce Director, McGeorge Toyota Scion
Solid teamwork, innovative responsiveness to customers, constant process monitoring and tuning, extensive research and development, and old-fashioned long hours of hard work have made McGeorge Toyota a winner in so many ways. The numbers tell the story. McGeorge...
Last Minute Shoppers May Push November Auto Sales Above 2010 Numbers. Stay tuned!
New-vehicle retail sales are experiencing further recovery and strength through the first half of November, according to a monthly sales forecast developed by J.D. Power and Associates Power Information Network® (PIN) and LMC Automotive. J.D. Power and LMC Automotive...
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