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July 26, 2011

J.D. Power: New-Vehicle Sales Up for July

J.D. Power and Associates anticipates an uptick in new-vehicle sales for July, but the retail selling rate for the year continues to face pressure from notably low but improving inventory levels and flat incentive levels.

July 25, 2011

Production Shortages Stall New-Car Sales in California

Second quarter sales slowed due to production shortages from the Japanese earthquake and the anticipated lowering of the state sales tax rate on July 1, according to a California New Car Dealers Association.

July 7, 2011

Dealix to Power New-Car Leads for NADAguides

Dealix will be the exclusive provider of the new-car quote and dealer selector platform for NADAguides.com.

June 14, 2011

NADA Economist: New-Car Sales to Rise in July as Gas Prices Drop

NADA economist Paul Taylor anticipates an increase in new-vehicle sales as inventory levels rise and gas prices drop through the beginning of July.

June 6, 2011

Cloudy Outlook: Market Insiders Offer Their Prediction for 2011

The industry is facing another possible crisis, but nobody seems to be in panic mode just yet.

April 28, 2011

Lithia Motors Posts $9.1 Million in 1Q Income

Lithia Motors Inc. reported on Wednesday adjusted first quarter 2011 net income from continuing operations of $9.1 million, up from $2.3 million in the year-ago period.

April 28, 2011

Group 1 Posts 49 Percent Increase in 1Q Profits

Group 1 Automotive Inc.'s adjusted net income increased 48.5 percent to $15.5 million for the quarter ended March 31.

April 26, 2011

AutoNation Realizes Double-Digit Growth in 1Q

AutoNation Inc. today reported 2011 first quarter net income from continuing operations of $70 million, an increase compared to net income from continuing operations of $59 million for the year-ago period.

April 19, 2011

California New-Car Sales Continue Recovery in 1Q

The California New Car Dealers Association (CNCDA) announced that new retail vehicle registrations increased 28.6 percent in California during the first quarter of 2011, compared with the first quarter of 2010.

April 18, 2011

Study Reveals Top 10 Reasons Car Shoppers Leave Dealerships

CAR-Research XRM, a CRM solution provider, released on Monday findings from its study of the top 10 reasons why car buyers leave a dealership without buying.