Trending Auto Retail News
Research: Does Facebook Work for Auto Dealerships?
Market Research Sheds Light on New Car Buyers and Social NetworkingCINCINNATI -- More than one in four new car buyers visit social networking sites at least weekly, according to research released today by Friedman-Swift Associates, a national market research firm...
Hertz Extends Tender Offer To Acquire Dollar Thrifty
PARK RIDGE, N.J. -- Hertz Global Holdings, Inc. (NYSE: HTZ) announced that it has extended the expiration date of its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) for...
American Suzuki Motor Corporation (“ASMC”) Announces Restructuring and Realignment to Focus on Motorcycles/ATV and Marine Divisions
ASMC to wind down and discontinue new automobile sales in continental U.S.; Consumers will be protected and all warranties will continue to be fully honored BREA, Calif. -- American Suzuki Motor Corporation (“ASMC” or “the Company”), the sole distributor in the...
Edmunds.com: A Silver Lining From a Dark Cloud: Damage from Hurricane Sandy Could Help Economy and Auto Industry
SANTA MONICA, Calif. — Once life starts to return to normal for those affected by Hurricane Sandy, the auto industry could see an extra bump from those who delayed purchases or need to replace vehicles, reports Edmunds.com, the premier resource for automotive...
13th Digital Dealer Conference & Exposition Sets New Attendance Record
More than 1,100 franchised automotive dealers and managers traveled to the Digital Dealer Conference to learn how to utilize the Internet and technology to sell and service more vehicles more profitably DETROIT, MI -- The 13th Digital Dealer Conference &...
Massive Research Concludes: Stop Delighting Customers!
Ok, I felt it, witnessed it, calculated it, preached it and now sophisticated and comprehensive research, studying more than 75,000 customers over several years, has provided absolute proof. Bells, whistles, fluff and items unrelated to actual problem solving do not...
Mopar® Expands Remanufactured CV Axle Half Shaft Product Line
Auburn Hills, Mich. — Mopar® announced today the expansion of its remanufactured CV Axle Half Shaft product line in its portfolio of remanufactured parts, the newest addition in a long line of authentic remanufactured products offered by Chrysler Group LLC’s service,...
Nissan’s Air-Leak Detection Squad Saves Energy, Money, and Helps the Environment
SMYRNA, Tenn. – Nissan's manufacturing facilities in North America are making major changes to reduce the amount of energy they use. They have committed to reduce their overall energy consumption by 25 percent in ten years. It is a move meant to help the environment....
AutoNation Announces October 2012 Retail New Vehicle Unit Sales of 20,958
October 2012 retail new vehicle unit sales increased 13% versus October 2011 FORT LAUDERDALE, Fla. -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today announced that its retail new vehicle unit sales in October 2012, as reported to the...
ASA Requests DOJ Review Most Favored Nation Clauses
WASHINGTON, D.C. – The Automotive Service Association (ASA) recently sent a letter to the Assistant Attorney General for the Antitrust Division at the U.S. Department of Justice, asking for a review of the Most Favored Nation (MFN) clauses used in many direct repair...
The Conference Board Consumer Confidence Index® Increases Again
Index at the Highest level this yearNEW YORK -- The Conference Board Consumer Confidence Index®, which had increased in September, improved again in October. The Index now stands at 72.2 (1985=100), up from 68.4 in September. The Present Situation Index increased to...
Ally Financial Reports Preliminary Third Quarter 2012 Financial Results
NEW YORK, Nov. 2, 2012 -- Ally Financial Inc. (Ally) today reported net income of $384 million for the third quarter of 2012, compared to a net loss of $898 million in the prior quarter and a net loss of $210 million for the third quarter of 2011. The company...
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