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Trending Auto Retail News

Open Dealer Exchange, LLC Unveils Enhanced Website

TROY, Mich. – Open Dealer Exchange, LLC, a technology leader that streamlines the automotive buying process for lenders, F&I product providers and dealers, is pleased to unveil its newly redesigned website, www.opendealerexchange.com. The enhanced site highlights...

Lincoln Luxury Models to Include Pandora

Lincoln Luxury Models to Include Pandora

OAKLAND, Calif. -- Pandora (NYSE: P), the leading personalized radio service, is now a standard feature on three popular luxury Lincoln models: the MKZ, MKZ Hybrid and the Navigator. The vehicles arrived on dealer lots inSeptember 2011. Lincoln makes Pandora available...

Asbury New Vehicle Gross Profit Increased 12%

Asbury New Vehicle Gross Profit Increased 12%

DULUTH, Ga. -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the third quarter 2011 of $14.3 million, or $0.44 per diluted share, versus...

Ford Earns $1.6 Billion Net Income in Third Quarter 2011

Ford Earns $1.6 Billion Net Income in Third Quarter 2011

DEARBORN, Mich. – Ford Motor Company reported third quarter 2011 net income of $1.6 billion, or 41 cents per share, a decrease of $38 million, or 2 cents per share, versus third quarter 2010.  During the quarter, Ford continued to generate solid profits, strengthen...

Group 1 Automotive Reports Total Revenue Up 7.4.%

Group 1 Automotive Reports Total Revenue Up 7.4.%

HOUSTON -- Group 1 Automotive, Inc. a Fortune 500 automotive retailer, reported a third-quarter adjusted net income increase of 23.6 percent to $23.8 million, or $1.04 per diluted share, for the period ended Sept. 30, 2011. This compares to adjusted net income of...

Ford, Toyota and Volkswagen Recognized for Best ESG Practices

Ford, Toyota and Volkswagen Recognized for Best ESG Practices

BETHESDA, MD -- Three automakers – Toyota Motor Corporation, Ford Motor Company and Volkswagen AG – were recognized today by U.S. sustainable and responsible investment (SRI) firm Calvert Investments for their leadership in environmental policies and practices, human...

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