Trending Auto Retail News
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
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
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...
Transaction Prices Continue to Rise, Up In October 2012; Industry Incentives Continue Decline
SANTA MONICA, Calif. –TrueCar estimated today that the average transaction price for light vehicles in the United States was $30,486 in October 2012, up $336 (1.1 percent) from October 2011 and up $204 (0.7 percent) from September 2012. “Transaction prices in October...
The Polls Are Open! Fans Can Vote for their Favorite Car to Win Cars.com’s Shoppers’ Choice Award
CHICAGO -- Cars.com, the premier online resource for buying and selling new and used cars, announced today that voting has opened for its third annual Shoppers' Choice Award. The 10 finalists for the award were based on the activity of new car shoppers on the site,...
Ford Small Car Sales Reach Highest October in 11 Years; F-Series Sees Best October Sales Since 2004
DEARBORN, Mich. – Ford total U.S. sales grew across the portfolio in October, with cars up 2 percent, utilities up 2 percent, F-Series pickups up 8 percent and Econoline and Transit Connect sales up 19 and 22 percent, respectively. Ford October small car sales total...
Chrysler Group LLC Reports October 2012 U.S. Sales Increased 10%; Best October Sales in 5 Years
Auburn Hills, Mich. - Chrysler Group LLC today reported U.S. sales of 126,185 units, a 10 percent increase compared with sales in October 2011 (114,512 units), and the group’s best October sales since 2007. Best October sales since 2007 31st-consecutive month of...
Ford Says Mulally to Remain as President and CEO through at Least 2014
Chief Operating Officer and Senior Leaders named for Americas, Europe, Asia Pacific and Lincoln brand DEARBORN, Mich. – Ford Motor Company is further strengthening and developing its leadership team while continuing to deliver the One Ford plan for profitable growth....
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...
Toyota Motor Sales Reports Increase In October Sales
TORRANCE, Calif. – Toyota Motor Sales (TMS), U.S.A., Inc., today reported October 2012 sales results of 155,242 units, an increase of 15.8 percent compared to the same period last year on both a daily selling rate (DSR) and a raw volume basis. The Toyota Division...
J.D. Power and Associates Reports: Nearly One-Third of In-Market Automotive Shoppers Use a Mobile Phone to Shop for a Vehicle
Acura and Kia Rank Highest in a Tie in Automotive Mobile Site Satisfaction WESTLAKE VILLAGE, Calif. -- Smartphones are quickly becoming a major source of information among in-market automotive shoppers, according to the J.D. Power and Associates 2012 Automotive Mobile...
Jim Seavitt, Dealer Owner, Village Ford, Dearborn, MI
Not many dealerships can say their original showroom’s façade was designed by Henry Ford, or that the chandelier hanging there now was a gift from him. Then again, not many dealerships are candidates for the national registry of historic buildings. But, Village Ford...
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