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August 27, 2010

Vehicle Sales Could Use Stimulation, Says Edmunds

This month's new-vehicle sales (including fleet sales) are expected to be 1,028,200 units, a 17.7 percent decrease from August 2009 and a 1.4 percent decrease from July 2010, according to Edmunds.com.

August 17, 2010

Resource Automotive to Train Mopar Dealers

Resource Automotive Inc., a training, consulting and financial services provider and a unit of The Warranty Group Inc., today announced an agreement with the Mopar division of Chrysler Group LLC to provide dealers with wholesale mechanical parts training and support.

August 16, 2010

Chrysler Invites 600 Dealers to Apply for Fiat Franchises

Chrysler Group LLC has reached out to 600 dealers in 119 U.S. markets, inviting them to apply for Fiat franchises. The carmaker will host invited dealers at the “Fiat Experience,” an Aug. 30 meeting that will detail the Italian carmaker’s plans to reintroduce the brand to North America.

July 20, 2010

Audit Criticizes Task Force, OEMs for Dealer Terminations

An audit prepared by a watchdog agency says last year’s decision by General Motors Co., Chrysler LLC and the Obama administration’s Auto Task Force to terminate franchise agreements with hundreds of dealers was made in haste.

July 13, 2010

GMAC Assumes New Name in August

Ally Financial Inc. today said it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico and begin using the Ally name in August. This follows the transition of the corporate entity to Ally Financial Inc. in May.

July 6, 2010

Hyundai Highlights June Sales Report

Month-to-month retail sales did slow down, but the picture is much brighter on a year-over-year basis, with all domestic and foreign automakers reporting YOY sales increases for the first six months of 2010.

July 6, 2010

Chrysler Begins Establishing Fiat Dealer Network

Chrysler Group LLC has begun the dealer selection process for the reintroduction of the Fiat brand in the United States.

June 4, 2010

Where Do You Stand?

The F&I Forum comes up with a starting point for finance reform. The editor offers his opinion as well.

May 4, 2010

Automakers Post Strong April Sales

Retail auto sales continued their strong performance in April, as all domestic and foreign automakers reported increases in their sales volumes.

April 20, 2010

Industry Mirrors Economy's Recovery, Says JATO Dynamics

U.S. new-vehicle sales for the first quarter 2010 were 15.7 percent higher than the year-ago period, but the market continues to be on a long road to recovery, according to the latest figures from JATO Dynamics, a provider of automotive data.