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Trending Auto Retail News

BMW Pre-Owned Vehicle Sales Down 5%

BMW Pre-Owned Vehicle Sales Down 5%

In October, sales of BMW used vehicles (including certified pre-owned and pre-owned) decreased 5.3 percent to 12,563 vehicles from the 13,262 vehicles sold in October 2011.  January through October, BMW used vehicle sales are up 1.8 percent on volume of 135,138...

October Auto Sales Reported: Sandy Doesn’t Impact Sales

October Auto Sales Reported: Sandy Doesn’t Impact Sales

With Hurricane Sandy hitting right at the end of October, some auto analysts thought auto sales numbers would be impacted, but this was not the case. See below for comments from Edmunds.com Analysts and full sale statements from automakers. ON GM “Despite October...

There’s Still Gold in Them Hills

There’s Still Gold in Them Hills

Following trends in the new-and used-car markets is always interesting. Usually market fluctuations can be easily identified and related to external forces, such as a natural disaster or various economic uncertainties. In other instances, there are fluctuations in...

GM U.S. Sales Increase 5% in October

GM U.S. Sales Increase 5% in October

Retail sales up 7 percent, fleet down 2 percent DETROIT – General Motors Co. (NYSE: GM) today reported its highest October sales in the United States since 2007, with deliveries up 5 percent versus a year ago to 195,764 vehicles.  Year-over-year sales to retail...

Santander Holdings USA, Inc. Announces Final Tender Results

BOSTON -- Santander Holdings USA, Inc. ("SHUSA"), a wholly owned indirect subsidiary of Banco Santander, S.A., today announced that the previously announced cash tender offer for its outstanding Sovereign Capital Trust VI 7.908% Capital Securities (the "Capital...

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