
Automotive Ventures gains funding from Assurant Ventures
Wednesday, Mar. 12, 2025, 03:13 PM

CarData-Velocity partnership acquires Tristar to move into Southern California
Wednesday, Mar. 12, 2025, 03:30 PM

Cars.com recognizes success in consumer reviews with Dealer of the Year Awards
Tuesday, Mar. 11, 2025, 12:49 PM
Retail
Dodge Believes 2011 Lineup Will Have Buyers Flocking to Dealers
Tuesday, Nov. 2, 2010, 05:57 AM
Auto Remarketing Staff
Dodge revealed details about MSRP and more for its six all-new or significantly updated vehicles designed to generate substantially more traffic in dealer showrooms for the 2011 model year. The two units that appear the strongest standouts for the OEM are the 2011 Dodge Durango with an MSRP of $29,195 and the all-new Dodge Charger that starts […] [Read More]
Nissan Gains Another Dealership Service Training Facility
Monday, Nov. 1, 2010, 07:56 AM
Auto Remarketing Staff
For the second time this year, Nissan North America unveiled a new comprehensive training center for franchise dealer service personnel. The opening of the new Ontario Training Center — located about 40 miles east of Los Angeles — is geared to provide technician product training on both Nissan and Infiniti products for service center personnel […] [Read More]
Nissan Issues Massive Recall of Trucks, SUVs to Fix Engine Component
Friday, Oct. 29, 2010, 06:00 AM
Auto Remarketing Staff
Nissan North America revealed the extent of a voluntary safety recall to replace an electrical relay for the engine control module. The recall is connected with certain Nissan and Infiniti truck and SUV models in the U.S and Canada. The automaker said approximately 747,000 potentially affected vehicles are in the U.S. and approximately 23,000 are […] [Read More]
GM Takes Steps to Reduce Debt by $11 Billion
Friday, Oct. 29, 2010, 05:59 AM
Auto Remarketing Staff
General Motors made several moves Thursday meant to reduce its debt by as much as $11 billion as well as unveiled a strategy to shore up its balance sheet as an initial public offering approaches. Chris Liddell, GM vice chairman and chief financial officer, described the actions as decisions that will bring down the manufacturer’s […] [Read More]
Used Vehicles Greatly Aid AutoNation’s 3Q Performance
Friday, Oct. 29, 2010, 05:57 AM
Auto Remarketing Staff
Along with revealing the six states where it will operate Fiat dealerships, AutoNation discussed how a lower overall third quarter net income figure still resulted in an improvement on a per-share basis. The company shared Thursday that its third quarter net income from continuing operations came in at $59 million, or 39 cents per share. […] [Read More]
Lithia Makes 3Q Strides
Friday, Oct. 29, 2010, 05:56 AM
Auto Remarketing Staff
Thanks largely to stronger vehicle sales, Lithia Motors said it saw a double-digit improvement during the third quarter in revenue from continuing operations. Specifically, the company posted $582.7 million quarterly revenue from continuing operations, a 15-percent upswing from the third quarter of 2009. Adjusted net income came from continuing operations $0.37 per diluted share, versus […] [Read More]
Dealer Synergy Launches New Website
Friday, Oct. 29, 2010, 05:55 AM
Auto Remarketing Staff
Sean Bradley and Dealer Synergy have created a new comprehensive website aimed at providing useful training for dealership Internet departments and business development centers. More than a dozen dealer-focused functions connected with social media and more are associated with the site at www.automotiveinternetsales.com. Among some the highlights of the new site are: —Monthly award for […] [Read More]
TrueCar.com Picks New President, COO; Offers Used Sales Forecast
Thursday, Oct. 28, 2010, 06:00 AM
Auto Remarketing Staff
While also sharing its latest market forecast that now includes projected used-vehicle sales, TrueCar.com Wednesday revealed its new president and chief operating officer. Stepping into the role is Stephen Hansen, who will be expected to lead the company’s strategic planning, product and technology development, marketing and management to accelerate its growth. Hansen will report directly […] [Read More]
BMW North America to Recall More than 150K Units
Thursday, Oct. 28, 2010, 05:57 AM
Auto Remarketing Staff
BMW of North America announced Tuesday that it conducting two separate recalls that, when combined, affect about 150,800 units. With regards to the larger of the two recalls — which is an emissions recall — the company said it told the U.S. Environmental Protection Agency that it plans to recall certain 2007 through 2010 BMW […] [Read More]
Chevrolet Debuts New Marketing Pitch
Thursday, Oct. 28, 2010, 05:56 AM
Auto Remarketing Staff
Chevrolet has turned to major league’s baseball pinnacle event — the World Series — to kick off its latest ad campaign. The “Chevy Runs Deep” campaign showcases models like the Cruze and Volt, spotlights the history and potential of the brand and discusses the brand’s association with American life as well as with baseball. The […] [Read More]