Trending Auto Retail News
A New Competitor for the Volt?
Toyota recently unveiled its all-new Prius Plug-in this week and some are wondering what it will do to Volt sales. According to a story from USA Today, Toyota might impact Chevrolet’s sales, especially because it is coming into a segment where it is already well know...
Toyota Introduces 2012 Prius Plug-in Hybrid
RICHMOND, Calif. – Toyota, the world leader in hybrid passenger cars and SUVs, introduced the Prius Plug-in Hybrid at the annual Green Drive Expo here today, as the newest member of the Prius Family.Joining the popular third-generation Prius Liftback and the new...
SAIC and GM Sign Agreement For Electric Vehicle Development
Shanghai – SAIC Motor Corp., Ltd. (SAIC) Chairman Hu Maoyuan and General Motors Co. (GM) Chairman and CEO Dan Akerson signed an agreement earlier this week in Shanghai for the co-development of a new electric vehicle architecture in China. The Pan Asia Technical...
Chrysler Group Named to Elite List for 3rd Consecutive Year
AUBURN HILLS, Mich. -- Chrysler Group once again has been named to HispanicBusiness magazine's Diversity Elite 60, a list of the nation's top organizations that promote and model diversity in the workplace and in the community. This is the third consecutive year...
Minnesota Automobile Dealers Association (MADA) Partners with ADP Dealer Services, Inc. to Provide Digital F&I Forms
West St. Paul, MN – MADA Services, Inc., a division of the Minnesota Automobile Dealers Association, has signed an agreement with ADP Dealer Services, Inc. to provide digital versions of MADA F&I forms and documents to ADP clients through ADP’s Digital...
Inventory Management Pioneer and American Auto Exchange (AAX) Founder, Bruce Thompson to launch new company RedBumper, LLC.
DALLAS, TX – Former CEO and founder of American Auto Exchange, Bruce Thompson, will be launching a new inventory management system in October that will compete with AAX, V-Auto, eCarlist, FirstLook and others. Thompson is credited for creating and pioneering the...
FBI: Auto Theft Decreases 7.2%
DEARBORN, Mich. – Fewer Americans were victims of car thefts last year. The FBI’s annual Uniform Crime Report shows a 7.2 percentage decrease in auto thefts compared to 2010. Improved anti-theft devices and safety tips can help continue this downward trend....
DealerRater® Partners with CarZen to Integrate Car Dealer Reviews into #1 iPad App for Car Shopping
Waltham, Mass. – DealerRater®, the nation's premier car dealer review website, announced today its partnership with CarZen, the creator of the #1 iPad App for car shopping. Through this partnership, more than 450,000 DealerRater car dealer reviews are integrated and...
Liquid Motors Releases One Click Wholesale Auction Management Technology to Streamline the Online Wholesale Process
Dallas, Texas – Liquid Motors announces the release of their “One Click” wholesale auction management software for auto dealers, auto auctions, OEM’s and financial institutions. The Liquid Motors wholesale integration provides a quick and easy solution to placing...
AUL Corp. Becomes an Approved Provider on The ZERO Plan
NAPA, Calif. -- AUL Corp., America's largest national provider of used car service contracts, and Universal Lenders LLC, creator of The ZERO Plan® announce today that they will be working together to offer simple solutions to auto dealers. The partnership will allow...
Accessory Sales: Dealers Reach Average Net Profit Margins of 32.8%
San Francisco, CA -- izmocars released its Midyear 2011 AOA Accessories Trend Report1, which analyzes accessories sales of dealerships across the country. The report highlights the accessories that were most popular with consumers in Q2 versus Q1; the accessories...
Automaker Recalls 200,000 Vehicles With Airbag Issues
Hyundai Motor Company is recalling 205,233 2007-2008 Hyundai Sante Fe and Veracruz vehicles to fix a problem with the front air bags, The National Highway Traffic Safety Administration’s website said. The website said there is a problem with the clock spring contact...
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