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Report: High Gas Prices Make Now a Good Time to Buy a Full-Size or Midsize SUV

Posted on May 15th, 2012 by Dealer

ATLANTA — As gas prices remain high, now is a good time to buy a large SUV, according to the recent Shoppers Insights report from the AutoTrader.com Trend Engine. In a tracking study conducted by AutoTrader.com, 66 percent of new-car shoppers indicated that they are more likely to consider a more fuel-efficient vehicle due to [...]

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Edmunds.com Investigation Finds Serious Flaws in Car Recall Process

Posted on May 10th, 2012 by Dealer

SANTA MONICA, Calif. — Millions of drivers could be endangered by operating vehicles that have been recalled but have not been repaired, reports Edmunds.com, the premier online resource for automotive information. In fact, one study says that there were “at least” 2.7 million vehicles listed for sale last year that still were subject to unfulfilled recalls. “The current [...]

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Dataium Report Shows Facebook Great At Generating New Auto Visits

Posted on May 10th, 2012 by Dealer

Nashville, TN — Dataium, the largest aggregator of online automotive shopper behavior, today announced the release of its annual Social Media report that examines the influence of Facebook and other social media websites on automotive shopping behavior. The report, based on online automotive shopping events from a database of over 100 million active auto shoppers, details the impact of social [...]

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TrueCar.com Identifies 10 Most Popular Cars for Moms

Posted on May 10th, 2012 by Dealer

SANTA MONICA, Calif. — Just in time for Mother’s Day, TrueCar.com, the authoritative voice in new car pricing and industry trend information, has identified the 10 Most Popular Cars for Moms. Based on 2011 data received from women with children about the cars they drive, the findings place the Honda CR-V at the top of [...]

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Report: Good dealership experience sells more cars than ever

Posted on May 8th, 2012 by Dealer

ROCHESTER, Mich. – Foresight Research released its 2012 Dealership Experience Strategy Report.  Automotive research specialists, Foresight interviewed 7,851 new vehicle buyers in the US, finding: As a result of the great recession, the share of new vehicles being sold to older buyers has increased steadily over the past 4 years. Older shoppers traditionally engage in fewer [...]

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Chrysler Announces Voluntary Safety Recall

Posted on May 7th, 2012 by Dealer

Auburn Hills, Mich. – Chrysler Group LLC will conduct a voluntary safety recall of approximately 119,072 U.S.-market 2011 and 2012 Dodge Charger and Chrysler 300 sedans. A plastic insert surrounding a fuse may be subject to distortion caused by thermal expansion and contraction. Such distortion could interrupt power to the ABS/ESC control system and temporarily [...]

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TrueCar.com Report: Transaction Prices Decline from March’s Highest Levels While Incentives Keep Declining in April 2012

Posted on May 4th, 2012 by Dealer

    SANTA MONICA, Calif. – TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,303 in April 2012, up $1,219 (4.2 percent) from April 2011 and down $445(1.4 percent) from March 2012. “Incentives continued to decline for most automakers with the exception of Honda and Toyota as both are vying for [...]

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GM Reports First Quarter Net Income of $1.0 Billion

Posted on May 4th, 2012 by Dealer

DETROIT – General Motors Co. (NYSE: GM) has announced first quarter net income attributable to common stockholders of $1.0 billion, or $0.60 per fully diluted share. These results include a net loss from special items related to goodwill impairment that reduced net income by $0.6 billion, or $0.33 per fully diluted share. In the first quarter of 2011, [...]

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AIADA Releases April 2012 Sales Figures for International Nameplate Automobile Industry

Posted on May 3rd, 2012 by Dealer

Alexandria, VA – The American International Automobile Dealers Association (AIADA) has released April 2012 sales figures for the international nameplate automobile industry. AIADA represents America’s approximately 10,000 international nameplate franchises whose brands accounted for 55.3 percent of all vehicles sold in the United States last month.   The unusually warm winter had some analysts fearing a [...]

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NADA: Aging Vehicles, Increased Inventory and Lower Gasoline Prices to Boost Auto Sales

Posted on May 2nd, 2012 by Dealer

McLEAN, Va. – While automakers reported mixed results for U.S. new-car and light-truck sales in April, Paul Taylor, chief economist of the National Automobile Dealers Association (NADA), highlighted several factors that are expected to boost sales over the next several months. “Modest economic growth and declining gasoline prices, low interest rates, more leasing options and [...]

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Chrysler Group LLC Reports April 2012 U.S. Sales Increased 20 Percent

Posted on May 1st, 2012 by Dealer

AUBURN HILLS, Mich. – Chrysler Group LLC today reported U.S. sales of 141,165 units, a 20 percent increase compared with sales in April 2011(117,225 units), and the group’s best sales in the month of April since 2008. The Chrysler, Jeep®, Dodge, Ram Truck, and FIAT brands each posted sales increases in April compared with the same month [...]

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All-New 2013 Dodge Dart Debuts on Chrysler Group LLC’s World Headquarters’ Building

Posted on May 1st, 2012 by Dealer

AUBURN HILLS, Mich.– The all-new 2013 Dodge Dart will soon begin to arrive at Dodge dealers across the country and the Dodge brand is announcing its compact car entry to all by placing the Dart’s image on the front of Chrysler Group LLC’s World Headquarters’ Building. The building wrap features the 2013 Dodge Dart with [...]

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