In what appears to be a major sign of progress for the global auto market, worldwide new light-vehicle sales in 2011 are likely to reach an annual record for the second year in a row thank largely to s a healthier global economy, according to J.D. Power and Associates. The firm also said that U.S. […] [Read More]

After the automaker notched a record year in China during 2010, General Motors’ top boss says the company’s largest market will remain “one of our priorities” and outlined plans for that country. China is the world’s biggest auto market, according to J.D. Power and Associates. Speaking during a media briefing Tuesday in Beijing, GM chairman and chief […] [Read More]

Seen as an added marketing hook for franchise dealers, Cadillac announced Monday a new program called Cadillac Shield designed to heighten the brand’s focus on customer service by tying together the wide-ranging benefits and technologies offered owners. Normal 0 false false [Read More]

Citing gains in emerging markets, Toyota Motor Corp. recently announced significant financial strides in net revenue, operating income and net income for the nine-month span that ended Dec. 31. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; […] [Read More]

As part of its Automobility program to help customers with special needs, Chrysler has upped the reimbursement for the installation of adaptive driver or passenger equipment to $1,000 across its lineup. Now, owners of all eligible Chrysler, Jeep, Dodge and Ram vehicles who have special needs can receive up to a $1,000 reimbursement for converting […] [Read More]

As the automaker posted another record sales performance, Subaru of America revealed last week how much money went to five charities during its third annual “Share the Love” event. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; […] [Read More]

With the dealership outgrowing its former location, Mercedes-Benz Canada announced it has broken ground on a brand-new building for its landmark Vancouver dealership this week. The new facility will be located downtown and will be situated on 3 acres of land. “With more than a decade of compounded sales growth, and a finite amount of space, Mercedes-Benz Vancouver has […] [Read More]

The first month of 2011 may have brought massive winter storms to much of the U.S., along with a sequential decline in the certified pre-owned industry, but that didn’t keep a slew of brands from experiencing their best-ever respective Januaries on record. Furthermore, certified sales — though softer from December — climbed double digits from January 2010, […] [Read More]

With president and chief executive officer Charles Oglesby set to retire this summer, Asbury Automotive Group unveiled its revamped leadership structure on Thursday, revealing its new president and CEO while also announcing the role in which Oglesby will serve until he steps down from the company July 31. Asbury’s president and CEO is now Craig […] [Read More]

In a period where the company achieved new and used sales gains that bested the industry average, Group 1 Automotive reported significant growth in its earnings and revenue to wrap up a successful year. Specifically, adjusted net income during the fourth quarter came in at $14.7 million, up 43.4 percent year-over-year. Meanwhile, net income on a GAAP basis […] [Read More]