Trending Auto Retail News
New Infiniti Connection® to Launch on ATX’s Connected Vehicle Platform
LOS ANGELES -- Infiniti Connection®, announced by Nissan North America at the Los Angeles Auto Show as part of the introduction of the new JX Crossover, will provide Infiniti owners with location-enabled safety, security, and convenience via ATX Group's connected...
U.S. Local Digital Advertising Revenues Continue Upward in 2011 Despite Slow-Growth Economy
Fall update of U.S. Local Media Annual Forecast indicates local digital media revenues will reach $23.3 billion in 2011, up slightly from earlier forecast CHANTILLY, Va. – The impact of the sluggish global economy on the local media marketplace is being somewhat...
Automaker to Commercialize New Method of Attaching Windshields Through Cleaner Technology
DEARBORN, Mich. – Ford wants to innovate the way vehicle windshields are installed through a new patented process that makes the attachment less costly, simpler and more eco-conscious than current practices. One patent covers cleaning and activating the edge of the...
Comerica Bank: Auto Affordability Slips in Q3
DALLAS -- The purchase and financing of an average-priced new vehicle took 24.2 weeks of median family income in the third quarter of 2011, slightly more than the 24.0 weeks of median family income in the second quarter. Consumers on average spent $650 more (an...
S&P/Experian Credit Default Indices: Auto Loans Move Down to 1.22%
NEW YORK -- Data through October 2011, released 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 default rates rose to 2.08% in October...
NADA UCG: Wholesale Prices for Cars Fell 3.7%
According to the latest edition of Guidelines, NADA Used Car Guide's monthly market update new vehicle sales in October grew by 7% or 1.02M units relative to last year and the month’s SAAR of 13.2M was the second best result seen so far this year, coming in just shy...
Toyota Financial Services First in its Industry to Provide Customers Smart Phone App Utilizing Personalized QR Codes for Instant Registration and Bill Pay
TORRANCE, Calif. -- Toyota Financial Services (TFS) has just launched a first-of-its-kind iPhone app which incorporates personalized QR code technology allowing customers to access their accounts through their smart phone. Unlike other bill payer apps, customers who...
Edmunds.com: SAAR Expected to Increase 13% in November
Edmunds.com is reporting that November sales are on pace for a monthly SAAR of 13.5 million vehicles, which would be an increase over the 13.3 million unit SAAR last month. Retail sales are on pace to finish the month around 814,000 vehicles, which equates to a retail...
Co-Founder and President of SocialDealer Passes Away
Co-Founder and President of SocialDealer, Joseph F. Russo, passed away this week. A Memorial Service for Joseph will be held Saturday, November 19 at 10 a.m. at St. Louis de Montfort Parish in Oak Lawn, IL. Donations will be accepted via the Joseph F. Russo Memorial...
ALG’s Annual Residual Value Awards Recognize Subaru and Lexus as Top Brands
SANTA BARBARA, Calif. -- ALG, a subsidiary of TrueCar, Inc., and the industry benchmark for residual values and depreciation data, announced its 13th Annual Residual Value Awards, with Subaru and Lexus earning the awards for top mainstream and luxury brands,...
Silverstone Appointed Chief Operating Officer of Ford Motor Credit Company
DEARBORN, Mich. -- Ford Motor Company and Ford Motor Credit Company today announced thatBernard Silverstone has been appointed chief operating officer, Ford Motor Credit Company, and has been elected a Ford corporate officer, effective Jan. 1, 2012. Currently,...
Honda Joins Roster of Pandora Automotive Partners
OAKLAND, Calif. -- Pandora, the leading personalized radio service, announced today that automaker Honda is now counted among Pandora's growing roster of automotive partners. The addition makes for a total of 14 automotive brands to date that have announced or now...
Join us for Digital Dealer Las Vegas 2021