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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
TrueCar: Sales Recovery in Full Swing
Friday, Apr. 23, 2010, 01:59 AM
Auto Remarketing
SANTA MONICA, Calif. — The auto market has reached what TrueCar.com calls a "full-blown recovery," with April's seasonally adjusted annualized rate for new-car sales likely to hit 11.5 million units before surging into 12 million-plus unit SAAR range during the summer. TrueCar.com anticipates there will be 1,010,059 new vehicles (including fleet) sold during April, which would […] [Read More]
AutoNation: Used, New Sales Drive Double-Digit Revenue Growth
Friday, Apr. 23, 2010, 01:58 AM
Auto Remarketing
FORT LAUDERDALE, Fla. — Enjoying the second straight quarter of growth throughout all its regions — including Florida, its largest state — AutoNation's used- and new-vehicle revenue gains helped push close to a 19-percent increase in overall revenue in the first quarter, a period that saw the company's net income from continuing operations climb $5 million. More specifically, AutoNation's […] [Read More]
J.D. Power Forecasts April Retail SAAR of 9.8 Million, More
Friday, Apr. 23, 2010, 01:55 AM
Auto Remarketing
WESTLAKE VILLAGE, Calif. — A lift in shopper traffic early in the month as well as the incentives rolled out by automakers are likely to bode well for the new-vehicle retail sales pace for April, which should show a modest uptick, according to J.D. Power and Associates, The company said the seasonally adjusted annualized rate for new-vehicle retail sales will likely continue to […] [Read More]
Fiat Separates Auto, Industrial Units; Explains Five-Year Plan
Thursday, Apr. 22, 2010, 02:00 AM
Auto Remarketing Editor Joe Overby
TURIN, Italy — While Fiat's automobile operations are being kept under the more than century old company, its industrial business units, meanwhile, are being placed into a demerged company, it was announced Wednesday as Fiat Group presented its five-year business plan Fiat also aims to fully integrate its lineup with Chrysler Group, and has its sights […] [Read More]
Whitacre Discusses GM’s Loan Repayment, Possible IPO, Plant Investments
Thursday, Apr. 22, 2010, 01:59 AM
Nick Zulovich
KANSAS CITY, Kan. — Using an assembly plant in the nation's heartland as a backdrop, General Motors chairman and chief executive officer Ed Whitacre Wednesday confirmed what had been widely reported. The automaker has made its final payment of $5.8 billion to the U.S. Treasury and Export Development Canada. Whitacre said the final financial installment means […] [Read More]
Toyota Unveils Fix for Recent Lexus Recall
Thursday, Apr. 22, 2010, 01:58 AM
Auto Remarketing
TORRANCE, Calif. — Toyota officials revealed that it's discovered the remedy to update the Vehicle Stability Control System software on about 9,400 model-year 2010 Lexus GX 460 SUVs voluntarily recalled earlier this week. The automaker indicated that it will begin implementing the remedy program at dealerships during the next two weeks. Furthermore, the OEM said its […] [Read More]
AIADA Picks New VP of Member Services
Thursday, Apr. 22, 2010, 01:56 AM
Auto Remarketing
ALEXANDRIA, Va. — The American International Automobile Dealers Association on Wednesday named a new vice president for member services. Tapped for the role was Doug Miller, who has been charged with overseeing the growth and development of AIADA's member services department. AIADA reiterated that its members services program brokers partnerships with companies that offer its dealer […] [Read More]
New Fitzgerald Auto Mall Store Earns Rare LEED Certification
Thursday, Apr. 22, 2010, 01:55 AM
Auto Remarketing
GERMANTOWN, Md. — Officials representing the newest store within Fitzgerald Auto Malls boast that the new dealership is the only of its kind east of the Mississippi River that takes energy conservation to such a level. Founder Jack Fitzgerald celebrated Earth Day early on Wednesday with a ribbon cutting ceremony at his new Germantown, Md., dealership. This […] [Read More]
CEO: Chrysler on Pace to Hit 2010 Goals
Wednesday, Apr. 21, 2010, 12:00 PM
Auto Remarketing
AUBURN HLLS, Mich. — Though controlling stakeholder Fiat is slated to release its five-year plan later today, early details about Chrysler's financial results have already come out. The automaker is still on track to meet its goals for 2010, which include at least breaking even for the year, chief executive officer Sergio Marchionne said as the company released its […] [Read More]
Fiat Brings in New Chairman; Spinoff Ahead?
Wednesday, Apr. 21, 2010, 01:59 AM
Auto Remarketing
TURIN, Italy — Fiat chairman Luca Cordero di Montezemolo is resigning from his post at the Italian automaker that owns a 20-percent stake in Chrysler Group, he announced at a press conference Tuesday. Taking his place is John Elkann, heir to the Agnelli family and the vice chairman of Fiat. Montezemolo will stay on Fiat's board […] [Read More]