Trending Auto Retail News
KAR Auction Services Announces Secondary Offering of Common Stock
Carmel, IN – November 30, 2012 – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today the commencement of an underwritten offering of up to $200 million of its common stock by existing stockholder KAR Holdings II, LLC (the “LLC”), subject to market...
KAR Auction Services Announces First Cash Dividend
Board Declares Quarterly Dividend of $0.19 per Share Carmel, IN – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today that its Board of Directors has approved the initiation of a quarterly cash dividend on the Company’s common stock. The initial...
November 2012 Used Car Sales Estimated to be up 3.8% According to TrueCar.com
Highest SAAR Since February 2008 at 15.2M Estimated Incentive Spending Highest Since August 2010 at $2,765; Chrysler and Ford Have Lowest Incentive Spend Since January 2003 and September 2002, Respectively SANTA MONICA, Calif. – TrueCar.com today released its...
AutoCalcubot Uses Facebook as an Auto-Loan Generator
BERKELEY, CA -- Shastic announces the immediate availability of AutoCalcubot, the first social loan calculator for financial institutions. AutoCalcubot helps financial institutions generate new auto loans by turning Facebook into an important new channel to reach over...
Learn How to Maximize Used Vehicle ROI, On The Go
A more competitive and transparent retail environment requires dealers to establish a market-specific strategy to ensure success in their used vehicle departments. vAuto Founder Dale Pollak’s session reveals how to establish a strategy that plays to a market’s...
Aftermath of Hurricane Sandy Boosts November Car Sales, Says Edmunds.com
SANTA MONICA, Calif. — Car sales deferred and created by Hurricane Sandy helped to get the auto industry back on track in November, reports Edmunds.com, the premier resource for automotive information. Edmunds.com forecasts that 1,107,378 new cars and trucks will be...
TransUnion: National Auto Loan Delinquency Rate Rises, Though Remains Relatively Low
CHICAGO, IL -- The national auto loan delinquency rate (the ratio of borrowers 60 or more days past due) rose from 0.33% in Q2 2012 to 0.38% in Q3 2012, though it remains near historic low levels. One year ago, the auto loan delinquency rate was 0.47%. While auto loan...
TransUnion: National Auto Loan Delinquency Rate Rises, Though Remains Relatively Low
CHICAGO, IL -- The national auto loan delinquency rate (the ratio of borrowers 60 or more days past due) rose from 0.33% in Q2 2012 to 0.38% in Q3 2012, though it remains near historic low levels. One year ago, the auto loan delinquency rate was 0.47%. While auto...
Aftermath of Hurricane Sandy Boosts November Car Sales, Says Edmunds.com
SANTA MONICA, Calif. — Car sales deferred and created by Hurricane Sandy helped to get the auto industry back on track in November, reports Edmunds.com, the premier resource for automotive information. Edmunds.com forecasts that 1,107,378 new cars and trucks will be...
Cars.com Launches New Auto Show Mobile App
CHICAGO – Cars.com, the premier online resource for buying and selling new and used cars, has introduced an all-new mobile app to help car shoppers navigate auto shows with the help of Cars.com experts. The app provides users with breaking news on new car...
Automotive Parts Headquarters, Inc. completes corporate store rollout of WHI Solutions’ PartsWatch
WHI Solutions has announced that Automotive Parts Headquarters, Inc. (APH) has fully implemented WHI Solutions’ PartsWatch in all 80 APH corporately-owned locations. APH, an Aftermarket Auto Parts Alliance member, has also installed WHI’s PartsWatch solution in 15...
2013 NASCAR Chevrolet SS Unveiled
Will Debut at the 2013 Daytona SpeedWeeks in February LAS VEGAS – Chevrolet today opened a new chapter in its storied racing history, unveiling its eagerly anticipated 2013 NASCAR Chevrolet SS race car. Powered by the legendary small block V-8 engine, the rear-wheel...
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