Trending Auto Retail News
Dollar Thrifty Automotive Group Reported Net Income of $66.6 Million
TULSA, Okla. -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported results for the third quarter ended September 30, 2011. Net income for the 2011 third quarter was $66.6 million, or $2.13 per diluted share, compared to net income of $49.2 million, or...
Luxury Automaker Reports 17% Increase in CPO Sales
For the month of October 2011, Porsche's Approved Certified Pre-Owned vehicle sales were 652, compared to 565 last year. The year-to-date total is 7,241, compared to 6,210 in the previous year – a 17% increase.
International Nameplate Automobile Dealers Announce Monthly Sales
Alexandria, VA – The American International Automobile Dealers Association (AIADA) released October 2011 sales figures for the international nameplate automobile industry. AIADA represents America’s approximately 10,000 international nameplate franchises whose brands...
BMW Certified Pre-Owned Sales Down
In October, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 13,262, a decrease of 4.4% from the 13,867 sold in October 2010. Year-to-date, BMW used vehicle sales are down 5.5% on volume of 132,686 compared to 140,468 in the first ten...
Equifax: Total Outstanding Consumer Debt Now Nearly Equivalent to Pre-Recession Levels
ATLANTA -- Equifax's latest National Credit Trends Report shows that Total consumer debt now stands at $11.2 trillion, nearly equivalent to the $11.1 trillion posted pre-recession in 2006 according to the most recent Equifax National Credit Trends Report.Consumer debt...
Interview with Chad Baker, Partner and GSM, Marc Heitz Chevrolet
When Chad Baker and his business partners at Marc Heitz Chevrolet in Norman, OK erected their 81,000 sq. ft. Chevrolet showroom in 2008, it was just in time for the recession that came roaring through the nation. Fortunately, the entertaining ideas they’d built into...
Powered By CarWoo!, DealerRater® Premiers PrivateBuy™
BURLINGAME, Calif. -- CarWoo! announces a strategic partnership with DealerRater through which the CarWoo! MarketPlace enables DealerRater's recently launched PrivateBuy. For consumer members, PrivateBuy provides the CarWoo! MarketPlace which is an anonymous online...
Mercedes-Benz CPO Sales Down 21.8%
The Mercedes-Benz Certified Pre-Owned (MBCPO) program sold 5,571 vehicles in October 2011, a decrease of 21.8%. On a year-to-date basis, MBCPO sold 62,929 vehicles, a decrease of 7.6% over the comparable period last year.
Chevrolet Dealers Celebrate a Century of Sales and Service
DETROIT – After being awarded the Chevrolet franchise in 1915, brothers Harold A. Benson and Ray Benson and their cousin Roy Benson drove nearly 300 miles from New York City to a tiny New Hampshire town in their first Chevrolet. Nearly 100 years later, and as one of...
AutoNation Reports New Vehicle Unit Sales Increased 6%
FORT LAUDERDALE, Fla. -- AutoNation, Inc., America's largest automotive retailer, announced that its retail new vehicle unit sales inOctober 2011, as reported to the applicable automotive manufacturers, totaled 18,530, an increase of 6% as compared toOctober 2010....
GM Reports 1 Millionth Cruze Sale
DETROIT – Chevrolet is celebrating its Centennial today by saying thanks a million – literally – to buyers of its top-selling Chevrolet Cruze. The compact car, which launched globally in 2009 and in North America in 2010, reached 1 million sales this week. “I can’t...
CarStations iPhone/Android app helps EV drivers find their charge
CATHEYS VALLEY, CA - A new charging station finder recently appeared in app stores as quietly as the EVs it was developed for whir along. Created by California rancher-come-programmer David Raboy, CarStations is the latest in a lineup of mobile mapping apps developed...
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