Trending Auto Retail News
GM Reports Third Quarter Net Income of $1.5 billion
DETROIT – General Motors Co. (NYSE: GM) today announced third quarter net income attributable to common stockholders of $1.5 billion, or $0.89 per fully diluted share including the impact of special items, which reduced net income by $0.1 billion and diluted earnings...
NADA: Rise in New-Vehicle Demand Helps Stabilize Used Prices
McLEAN, Va. -- After three years of dramatic growth, the average price of used cars and light trucks will rise a modest 1 percent to almost $14,500, the National Automobile Dealers Association (NADA) Used Car Guide predicts in its latest special report. This is part...
Consumer Reports Auto Reliability Survey: Ford Continues Fall While Seven Japanese Brands Top List
Audi and Cadillac make major jumps in rankings YONKERS, NY—A perfect storm of reliability problems has dropped Ford to next to last among the 28 car brands ranked in Consumer Reports 2012 Annual Auto Reliability Survey, while its luxury brand, Lincoln, placed just a...
GM Third-Quarter Earnings Good News for U.S. Auto Industry
Arthur Wheaton, an expert on the automotive industry and senior extension associate at Cornell University’s ILR School, comments on today’s announcement of General Motors $1.5 billion third-quarter earnings exceeding expectations — following Tuesday’s announcement of...
White Paper Shows Direct Connection Between Online Advertising And Distance Buyers Travel To Make A Vehicle Purchase
Geo-distance analysis provides key insights into what dealers can do to reach outside of their immediate market to attract more buyers. ATLANTA – AutoTrader.com has released a new white paper which quantifies for the first time ever how much influence online...
59% of Under-35 Auto Service Customers Want Communications Via Mobile Apps
DMEautomotive survey reveals auto service customers open to variety of communications platforms; BUT majority of younger demo want contact through ALL platforms Key Findings: Over a third of consumers are open to receiving communications from their automotive service...
Update: GM Reports Storm-Related Impacts
DETROIT – We continue to monitor the impact of Hurricane Sandy on our manufacturing operations. At this point, we're not seeing significant delays in our supply base deliveries. GM Baltimore Operations cancelled production for Tuesday and is on track to resume...
AutoFlipr™ can now provide the precise cost to pick up and ship an automobile
OVERLAND PARK, Kan. -- Automotive Technology Services (ATS) announced today a new feature, utilizing Ready Auto Transport, has been integrated into the AutoFlipr™ application so a buyer will now know the precise cost to 'pick-up and ship' a vehicle, as well as an...
Toyota produces 25 millionth North American-built vehicle
GEORGETOWN, Ky. -- Toyota celebrated the 25 millionth vehicle manufactured in North America today at a ceremony at its Georgetown, Ky. plant coinciding with the start of production for the all-new 2013 Avalon. The milestone vehicle – a Classic Silver Hybrid Avalon –...
NADA Used Vehicle Price Forecast
After three years of dramatic growth, the average price of used cars and light trucks will rise a modest 1 percent to almost $14,500, the National Automobile Dealers Association (NADA) Used Car Guide predicts in its latest special report. This is part of a continuing...
AOA Supplier Digital Network Helps Dealers/Suppliers Ramp Up Revenues and Efficiencies
New case study shows how Auto Sound teamed with AOA and dealerships to drive a 50% increase of in-dealership sales of Auto Sound products in just four months Las Vegas, NV – One year after launching, izmocars’ AOA Supplier Digital Network is generating accessories...
Winter Hazard Control Program
What you need to do to prepare in cold weather conditions: According to the National Weather Service, the impact of winter weather in the United States ranges from $3 billion during a normal winter season to $6 billion during an active winter, more than any other time...
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