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Trending Auto Retail News

General Motors Declares Dividend on Preferred Stock

General Motors Declares Dividend on Preferred Stock

DETROIT – General Motors (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock. The dividend is payable March 1, 2013 to Series B holders of record as...

New Cars That Achieve 40-Plus mpg Combined (City And Highway)

New Cars That Achieve 40-Plus mpg Combined (City And Highway)

Irivine, CA, Jan. 17, 2013 - With each passing year, technological advances in the auto industry and increased consumer expectations combine to raise the bar for new-car fuel economy. Last year's go-to measurement of 40 mpg highway now has been upped by the editors of...

Mitchell 1 Enhances SocialCRM with Mobile Optimization Feature

Mitchell 1 Enhances SocialCRM with Mobile Optimization Feature

Mitchell 1 announces it has enhanced its SocialCRM™ marketing services by optimizing the product for mobile devices. This mobile optimization improves the effectiveness of the service reminder e-mails, thank-you e-mails, appointment requests and customer reviews when...

Banks to Sell Government’s 300 million Shares of GM

Banks to Sell Government’s 300 million Shares of GM

Detroit, MI — The U.S. Treasury Department has hired JPMorgan Securities and Citigroup Global Markets to sell its remaining stake in General Motors and bring an end to almost four years of partial government ownership of the carmaker. The government, which got its...

Every Sales Manager Has a Story…

Every Sales Manager Has a Story…

But if he can’t tell his story, he can’t sell his glory... We all have our glory days, especially in this industry. One thing we need to remember as sales managers, especially as used car managers, is that we have a sales force (both new and used salesman) whose deals...

NADA: Used-Vehicle Prices Continue Upward Trend in 2012

NADA: Used-Vehicle Prices Continue Upward Trend in 2012

McLean, VA (January 16, 2013) – Used-vehicle prices continued an upward trend in 2012 increasing for the fourth consecutive year, says the NADA Used Car Guide in its latest Guidelines report. As a result of Hurricane Sandy, the average price of vehicles up to eight...

2012 Online Behavior Study

2012 Online Behavior Study

According to an article in SearchAutoParts.com, technicians would rather call for parts than order them online. Study: Shops & their techs prefer more traditional purchasing methods Despite the convenience and ease of price comparisons, technicians are not looking...

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