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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.

April 6, 2010

Incentives Drive 24.3 Percent Surge in March Sales

Fueled by attractive incentives, U.S. automakers sold 1.07 million units in March – the best month since the federal government’s Cash for Clunkers program sent sales skyrocketing last August.

March 15, 2010

Ford Extended Service Plan Selects Ristken Software for Dealerships

Ford Extended Service Plan (ESP) has chosen Ristken Software Services as its partner to launch the ESP Profitlink Menu, an F&I menu selling system, and ESP Profitlink Reporting, an F&I reporting system. Both products will be used to assist and support Ford dealerships in finance and sales operations.

February 2, 2010

Ford Kicks Off 2010 With 24 Percent Sales Increase

Higher sales for every brand and in every product category propelled Ford to a 24 percent sales increase in January versus a year ago.

January 12, 2010

Fitch Raises Ratings on Ford, Ford Motor Credit

Fitch Ratings has upgraded the issuer default rating for Ford Motor Company and Ford Motor Credit Company to 'B-' from 'CCC'; the outlook remains positive.

November 12, 2009

KBB Study Finds Audi, Ford and Hyundai Garnering More Interest

In-market new-car shoppers have shown increased interest in the Audi, Ford and Hyundai brands over the past year, according to the latest Kelley Blue Book Market Intelligence Brand Watch study and Market Watch report.

November 10, 2009

Fitch Gives Ford Positive Outlook

Fitch Ratings assigned a 'CC/RR6' rating to Ford Motor Company's issuance of $2.875 billion seven-year senior unsecured convertible notes, a positive ratings outlook.

October 16, 2009

Social Media an Important Tool in Automotive Marketing

Investment in high-quality digital and social media content is key to changing customer perceptions of a brand, as well as in raising brand awareness and consideration levels, according to industry experts at the 2009 J.D. Power and Associates Automotive Internet Roundtable.

June 26, 2009

Vehicle Sales Expected to Reach 10 Million, Says Edmunds.com

This month's new-vehicle sales (including fleet sales) are expected to be 887,000 units, a 25.3 percent decrease from June 2008, but a 3.9 percent decrease from May 2009, according to Edmunds.com.

April 27, 2009

Auto Sales to Increase in April, Says Edmunds.com

This month’s new-vehicle sales (including fleet sales) are expected to be 859,000 units, a 30.8 percent decrease from April 2008 and a 0.5 percent increase from March 2009, according to Edmunds.com.