Trending Auto Retail News
Cerritos Dodge Chrysler Jeep increases sales 75% and service 410%
For 25 years, the Browning Automotive Group’s Dodge Chrysler Jeep dealership in Cerritos, CA, has had a lot of success. However, a shift in marketing strategy three months ago enabled Cerritos to target the right customers within its primary market and has sent the...
SEMA: Performance Comes in All Sizes and Forms at Chevrolet
LAS VEGAS – As Chevrolet marks its first 100 years, its performance legacy is on display at the SEMA Show – the annual extravaganza of automotive high-performance, styling and personalization. A collection of Chevy’s new small cars and iconic sports cars headline the...
AutoNation Reports Parts and Service Revenue Increased 2%
FORT LAUDERDALE, Fla. – AutoNation, Inc., America’s largest automotive retailer, today reported 2011 third quarter net income from continuing operations of $71 million, or $0.48 per share, compared to net income from continuing operations of $59 million, or $0.39 per...
Hyundai Motor America Selects Oxlo Systems Open Automotive Solution for Auto Dealer Software Integration
BROOMFIELD, Colo. -- Oxlo Systems Inc. has extended its relationship with Hyundai Motor America through an agreement to provide enhanced automotive solutions that span certification and production operations for current and future dealer integrations with auto dealer...
Chrysler Group LLC Gears Up for 2011 SEMA Show
Auburn Hills, Mich. - Chrysler Group LLC will have a major presence at next week’s 2011 Specialty Equipment Market Association (SEMA) show in Las Vegas. Company’s 28,400-sq.-ft. exhibit to showcase more than 30 “Moparized” Chrysler Group vehicles and more than 500...
SNAAC Sells to Investor Group and Secures Expanded Credit Facilities
CINCINNATI – Security National Automotive Acceptance Corporation (SNAAC) announced today that it has closed on the sale of the company and its TriStar insurance affiliates to a group of private investors. The existing senior management team, headed by President and...
Survey: Younger Automobile Buyers Not as Brand Loyal as Older Counterparts
New York – During the past decade, automobile manufacturers have experienced a steady decline in customer loyalty for specific brands. This change signals the need for a new approach to marketing automobiles in the future according to a new survey conducted by GfK...
Ally Financial Receives Auto Finance Excellence Award
DETROIT -- Ally Financial has been honored with a 2011 Auto Finance Excellence Award for its notable success and contribution to the auto finance industry. The award was presented today at the annual Auto Finance Summit by Auto Finance News. Ally was cited for...
AutoPartsDirectToYou Increases Revenue Eightfold on eBay and Amazon with ChannelAdvisor’s Marketplaces Solution
Research Triangle Park, NC – ChannelAdvisor, a global e-commerce platform provider that enables retailers to sell more across online channels, today announced that AutoPartsDirectToYou, an automotive replacement parts retailer, has increased its online revenue more...
Edmunds.com Projects October sales will come in at 1,033,257 for a monthly SAAR of 13.4 million
SANTA MONICA, Calif. — An estimated 1,033,257 new cars will be sold in October, for a projected Seasonally Adjusted Annual Rate (SAAR) of 13.4 million units, forecasts Edmunds.com, the premier online resource for automotive information. This sales pace would mark the...
Is your Team Playing Aggressive Defense?
It has been said many times that “offense wins games, but defense wins championships.” Following the football analogy within the business context, we could equate offense to the generation of sales revenues and the defensive component of business could be equated to...
Leading Automotive Financing and Insurance Companies Put BillFloat in the Driver’s Seat to Deliver a New Payment Option for Their Customers
SAN FRANCISCO -- BillFloat, Inc., the nation's only bill payment provider to give consumers more time to pay when they need it, announced today that more than 1 million consumers can choose to use BillFloat for their monthly car payment or auto insurance bill....
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