Trending Auto Retail News
Best States to Save Money on Car Insurance
Foster City, CA – Car insurance rates in Ohio are among the nation’s lowest, but a new analysis by CarInsurance.com shows that it’s nonetheless the state where drivers who compare car insurance quotes potentially can save the most money. A review of rates for every...
Chrysler Group LLC Invests $240 Million to Increase Engine Production and Adds 1,250 Jobs at Detroit-area Facilities
Detroit - Chrysler Group LLC announced today that it will invest nearly $240 million to increase engine capacity and add about 1,250 new jobs at several Michigan facilities, reaffirming the Company’s commitment to growing its operations in southeast Michigan. Chrysler...
ADESA Monthly Analysis: Current Used Vehicle Market Conditions
The following commentary is produced monthly by Tom Kontos, Executive Vice-President, ADESA Analytical Services. ADESA is a leading provider of wholesale used vehicle auctions and ancillary remarketing services. As part of the KAR Auction Services family, ADESA works...
GM Financial Announces $1.0 Billion Senior Subordinate Asset-Backed Securitization
FORT WORTH, Texas -- GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”), announced the pricing of a $1.0 billion offering of automobile receivables-backed securities through lead managers Barclays, Credit Suisse, J.P. Morgan and Morgan Stanley....
Manheim Names Racquel White as Vice President, Communications and Corporate Affairs
Company Increasing Focus on Communications to Drive Business and Engage Customers and Stakeholders. ATLANTA – Manheim announces the appointment of Racquel White to the position of vice president of communications and corporate affairs. In her role, White will lead the...
OneCommand Introduces DriveWay EnvyTM
OneCommand Announces New Solution for Auto Dealers to Reach Untapped Potential New Buyers Mason, OH – OneCommand, the leading marketing automation platform for auto dealers, announces the launch of its new solution that allows dealers to reach potential new car...
Digital Air Strike Approved as a General Motors’ Reputation Management Certified Partner
SUNNYVALE, Calif. -- Digital Air Strike™, the nation’s leading automotive social media, online reputation and lead-response company, has been approved by General Motors (GM) as a certified Reputation Management partner. Digital Air Strike is offering a new reputation...
Prius recall won’t impact Toyota sales, but might help Ford
Arthur Wheaton, an expert on the automotive industry and senior extension associate at Cornell University’s ILR School, comments on the potential impact of Toyota’s most recent recall of 2.8 million cars. He says: “The Toyota recall of 2.8 million cars worldwide is...
10 Cars You Didn’t Know Were Made In America, Presented By KBB.com
Many Top-Selling New Cars Hailing from Foreign Automakers Made in the USA IRVINE, Calif. -- Car shoppers may not be shocked to find out that six of the 10 best-selling vehicles in the country are from foreign automakers, but they might be pleasantly surprised to learn...
Chevrolet, Buick, GMC CPO Sales Total 21,766 in October
Chevrolet, Buick, GMC - October 2012: Month end total sales: 21,766 Month over month percent change v. September 2012: 0.8% Year over year percent change – October 2011/October 2012: -7.7% Year to date total sales: 231,838 Cadillac - October 2012 Month end total...
How are Luxury Auto Brands Driving Digital Adoption?
Martini Media released an infographic that explores how luxury auto brands are driving digital adoption. Here are some of the highlights uncovered: This year, 94% more auto brands are utilizing digital video than last year Luxury auto marketers devote 28% of their...
Blue Book Market Report: Sandy to Limit Short-Term Sales, Drive Long-Term Growth
According to the Blue Book Market Report – November 2012, Sandy will limit short-term sales and drive long-term growth. With hundreds of thousands of residents and many dealers still without power and struggling to recover from the devastating effects of the storm,...
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