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May 10, 2012

European Financial Crisis Hits U.S. Automakers

The euphoria over the positive first quarter results from U.S.-based carmakers should be tempered by the recessionary situation in Europe, two Kelley Blue Book analysts warned.

March 12, 2012

We’re Back

Fresh from AFSA and NADA, the editor believes the auto industry is not only back, it’s strong and ready to push forward — and that goes for finance, too.

March 2, 2012

Industry Sales Pace at 15 Million Annual Rate

A recent uptick in gas prices pushed consumers toward fuel-efficient vehicles rather than back to the sidelines, with the annual sales rate jumping to 15.1 million vehicles, according to Autodata.

February 9, 2012

FordDirect Debuts DealerConnection Elite Website Service

FordDirect announced the launch of its new website solution for Ford and Lincoln Dealers, DealerConnection Elite.

February 9, 2012

FordDirect Launches DealerConnection Video Showroom

FordDirect, a joint venture between Ford Motor Company and its franchised dealers, launched DealerConnection Vehicle Showroom (VSR). The solution is based on SiSTeR's Technologies' VSHOC and Publisher platform.

February 2, 2012

Sales Pace at 14.18 Million in January

Retail sales rose 11.4 percent in January, with the industry pacing at a 14.18 million seasonally adjusted annual sales rate — the highest rate since the government’s Cash for Clunkers program in August 2009, according to AutoData.

February 2, 2012

Return to Normalcy

The industry shifts its gaze to leasing as the segment realizes gains and prompts dealers to update their processes.

January 19, 2012

Chevrolet, Ford Lead in Consumer Interest, NADAguides.com Reports

NADAguides.com reported that domestic brands, led by Chevrolet, saw the biggest increase in overall brand share with a 1 percent gain in consumer interest.

January 12, 2012

Polk Announces Automotive Loyalty Award Winners

Ford Motor Company took top honors for the second year in a row during the 16th annual Polk Automotive Loyalty Awards.

January 5, 2012

Industry Likely Ended 2011 at 12.8 Million Units

Autodata Corp. estimated that U.S. auto sales reached 12.8 million units last year, marking the best year for auto sales since 2008 if the stat holds. Big winners were General Motors, Ford and Chrysler, with GM reclaiming the top spot in world vehicle sales two years after it emerged from its U.S.-backed bankruptcy.