Trending Auto Retail News
NADA Economist Predicts Auto Sales Will Remain Strong in November
McLEAN, Va. – Available inventory of popular-selling models and an aging fleet of cars and trucks on the road today are key factors why new vehicle sales will continue to improve in November, says Paul Taylor, chief economist of the National Automobile Dealers...
More than 40,000 Consumers Joined Credit Unions in Last Week
WASHINGTON -- Tens of thousands of consumers across the country joined credit unions on "Bank Transfer Day," Nov. 5, depositing millions in new savings and giving credit unions a brisk day of lending as well, the Credit Union National Association (CUNA), the nation's...
Mercedes-Benz Dealers Shine the Light on “Community Stars” Challenge Winners
MONTVALE, N.J. -- Mercedes-Benz USA (MBUSA) announced the five grand-prize winners of the first ever "Community Stars" social media challenge. To help mark the 125th anniversary of Mercedes-Benz and its invention of the automobile, Mercedes-Benz dealers launched the...
Numbers and Customers Tell the Story at New Website
DEARBORN, Mich. – More than any other heavy-duty pickup in the market, Ford F-Series Super Duty is trusted by tradesmen to get the job done in the field, and a new online experience at www.ford.com/trucks/superduty/weownwork is helping customers realize just that. A...
Group 1 Automotive Declares a Quarterly Cash Dividend
HOUSTON -- Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, announced that its board of directors declared a cash dividend of $0.13 per share for the third quarter of 2011. The dividend will be payable on Dec. 15, 2011, to stockholders of...
NADAguides.com to Make 2011 “Car of the Year” Award Announcement at the Los Angeles International Auto Show
COSTA MESA, Calif. -- NADAguides.com, the leading online provider of vehicle pricing and information for new and used vehicles, will make the announcement of the recipient of the 2011 NADAguides.com Car of the Year award on Wednesday, November 16 during media days at...
Virginia Dealership Uses Versatile Workspace Solution to Remodel Service Area
Tysinger was originally converted to the space savings and efficiency benefits of high density storage solutions more than two decades ago, when it was planning construction for a new dealership facility and found that construction costs were coming in way over...
Greensboro Auto Auction Offers Users Access to Carfax
GREENSBORO, N.C. -- Greensboro Auto Auction has integrated access to Carfax Vehicle History Reports and Carfax Auction Quick Check at greensboroaa.com. The wait is over – buyers now can obtain Carfax information for any vehicle on Greensboro Auto Auction's run list....
Credit Acceptance Announces Third Quarter 2011 Earnings
Southfield, Michigan -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $50.0 million, or $1.91 per diluted share, for the three months ended September 30, 2011 compared to...
GM Reports Net Income of $1.7 Billion
DETROIT – General Motors Co. today announced third quarter net income attributable to common stockholders of $1.7 billion, or $1.03 per fully-diluted share. In the third quarter of 2010, GM’s net income attributable to common stockholders was $2.0 billion, or $1.20...
New Car Interest Rates Hit Record Levels
New car interest rates at automotive finance firms jumped in September 2011 to the highest levels this year, according to the Federal Reserve’s Consumer Credit Report for September 2011. The average interest rate for new car loans in September 2011 was 4.73%, up 0.16%...
Audi A7 Selected as the 2012 “Automobile of the Year”
HERNDON, Va. -- Audi announced that AUTOMOBILE Magazine selected the Audi A7 as its 2012 Automobile of the Year. AUTOMOBILE editors selected the A7 for its embodiment of everything a luxury buyer would want in a car – design, performance, and technology. AUTOMOBILE...
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