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October 3, 2017 - Industry News

KBB: September’s Avg. New-Vehicle Price Up $144 From a Year Ago

New-car affordability continued to be a challenge for car buyers, with the average transaction price closing in on $35,000 in September.

Tags: Acura, Average Transaction Price, Buick, Chevrolet, General Motors, Honda, Kelley Blue Book

February 15, 2017 - Industry News

No Sedans Among KBB’s Top 12 Family Cars

The 2017 Honda CR-V is the top seller among the two-row SUVs Kelley Blue Book included in its latest list of top family vehicles. Photo courtesy American Honda Motor Co. Inc.

Kelley Blue Book’s list of the best family vehicles for the 2017 model year includes eight SUVs, four minivans, and no sedans.

Tags: Chevrolet, Chrysler, Honda, Kelley Blue Book, Kia, Nissan, Subaru, Toyota

December 7, 2016 - Industry News

Bomnin Chevrolet Acquires Grand Prize Chevrolet

After two years of negotiation, Bomnin Chevrolet has acquired Grand Prize Chevrolet. The acquisition of the West Kendall, Fla.-based dealership expands Bomnin Chevrolet’s footprint in the Miami area, allowing the operation to offer service to customers in more than one location.

Tags: Acquisition, Chevrolet, Florida, GM

November 15, 2016 - Industry News

KBB Announces 2017 Best Buy Awards

Kelley Blue Book announced the winners of its 2017 Best Buy Awards. The big winner was Honda. Not only did it take home four awards, its 2017 Honda Civic was named the Overall Best Buy of 2017.

Tags: Audi, Awards, Best Buy, Chevrolet, Chrysler, Ford, Honda, KBB, Kia, Mercedes-Benz, Porsche, Toyota

October 25, 2016 - Industry News

Have Pickup Sales Peaked?

Ford's decision to idle production of its F-150 pickup last week has followed several months of slowing demand in retail and fleet channels and may point to a larger trend in pickup sales.

Tags: Chevrolet, Ford, F-Series, General Motors, JD Power, LMC Automotive, Pickup Trucks, Ram, Silverado

May 12, 2016 - Industry News

GM Replacing 88% of Lineup By 2020

General Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on cars with consumer demand shifting toward SUVs and trucks, a Bank of America Merrill Lynch analyst has said.

Tags: Bank of America, Chevrolet, Fiat Chrysler, Ford, General Motors, Hyundai, Kia, Merrill Lynch, Nissan, Toyota, Volkswagen

April 20, 2016 - Industry News

Dimmitt Chevrolet Receives Chevrolet Dealership of the Year Award

Founded in 1924, Dimmitt Chevrolet was named the 2015 Chevrolet Dealer of the Year. Out of more than 3,000 Chevrolet dealerships, the dealership was one of 50 to qualify to receive the award.

Tags: Awards, Chevrolet, Dimmitt Chevrolet, Florida

September 3, 2014 - Industry News

New-Car Transaction Prices Jump 3% in August, KBB Reports

In August, the estimated average transaction price for light vehicles in the United States was $32,495, according to the vehicle valuation source. New-car prices have also increased 2.7% from the same period last year.

Tags: Chevrolet, Chrysler, General Motors, Kelley Blue Book, Light-Vehicle Sales, transaction prices

May 8, 2014 - Industry News

April Sales Up 4.1%, Autodata Reports

The weather cleared in time to drive up April sales by 4.1% from a year ago. April’s SAAR was 16.04 million, up from March’s SAAR but down from a year ago.

Tags: April, BMW, Chevrolet, Chrysler, Ford, General Motors, Honda, Hyundai, Mazda, Mercedes-Benz, MINI, Mitsubishi, monthly sales, Nissan, Toyota, Volkswagen

April 17, 2014 - Industry News

Ford, Chevy and Toyota Lead Edmunds’ Inaugural Popular Vehicle Awards

Edmunds.com presented its inaugural 2014 Most Popular on Edmunds.com Awards at this week’s New York International Auto Show, with Ford, Chevrolet and Toyota taking home top honors.

Tags: Awards, Chevrolet, Edmunds, Edmunds.com, Ford, Toyota

April 15, 2014 - Industry News

Average Incentives Rise, Domestics Curb Spending

Incentive growth was at its lowest point in March since last September, but the NADA Used Car Guide noted that the automakers that decreased spending were the ones that scored sales increases for the month.

Tags: Buick, Cadillac, Chevrolet, Chrysler, Fiat, General Motors, incentives, NADA, NADA Used Car Guide, sales, Subaru, used-vehicle sales, Volkswagen

January 16, 2014 - Industry News

GM Selects Hill as Vice President of U.S. Sales, Service

General Motors today (Jan. 15, 2014) announced that Steve Hill, 53, currently North America vice president, Customer Care and Aftersales, has been named vice president, U.S. Sales and Service. He will lead U.S. Sales Operations, Chevrolet, Buick and GMC Sales and Service, and Fleet and Commercial Sales. Tim Turvey, 51, currently executive director, Customer Care and Aftersales sales and marketing, will succeed Hill as North America vice president, Customer Care and Aftersales.

General Motors has selected Steve Hill to succeed Alan Batey as vice president of U.S. sales and service. The company also announced that Tim Turvey will lead the customer care and aftersales organization.

Tags: Buick, Chevrolet, General Motors, GMC, Hiring

January 14, 2014 - Industry News

Below-Prime Car Buyers Less Loyal Than Average Car Buyers

A new brand loyalty report from CarFinance.com found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.

Tags: brand loyalty, CarFinance.com, Chevrolet, Dodge, Ford, Kia, Nissan, subprime, trade-in vehicles

December 19, 2013 - Industry News

Edmunds.com Releases List of Fastest Selling Vehicles

The 2014 Land Rover Range Rover was named by Edmunds.com as the fastest selling car in in November. The list contains several other familiar names, including the Chevrolet Corvette and Jeep Cherokee.

Tags: Chevrolet, Edmunds, Edmunds.com, Jeep, Land Rover, Mercedes-Benz, Mitsubishi, Subaru

October 17, 2013 - Industry News

GM, Capital One Extend Partnership, Launch Rewards Card

Capital One, Mastercard and General Motors are extending their relationship with the launch of the new GM Card, which offers rewards consumers can use toward the purchase or lease of a new Chevrolet, Buick, GMC or Cadillac vehicle.

Tags: Buick, Cadillac, Capital One, Chevrolet, General Motors, GMC

September 19, 2013 - Industry News

F&I and Showroom Honors Top F&I Operation, Producer

Stephanie Cooper, F&I manager for Timbrook Automotive, accepts the 2013 IAS-sponsored F&Idol award.

Timbrook Automotive’s Stephanie Cooper is this year’s F&Idol winner, while Ohio's Serpentini Chevrolet of Strongsville takes home the F&I Dealer of the Year award.

Tags: Chevrolet, Dina Wilson, F&I Conference & Expo, F&Idol, Timbrook Automotive

September 12, 2013 - Industry News

Social and Mobile Media ‘Most Disruptive Online Wave’ for Ad Spend, Report Says

Report from Borrell Associates calls social and mobile media the most disruptive online wave for advertising budgets this year. But the ad category appears to be paying off so far, the firm concludes.

Tags: advertising, Audi, Borrell Associates, Chevrolet, Facebook, Ford, Honda, social media, Study, Volkswagen

May 23, 2013 - Industry News

Auto Industry Steps Up to Help Tornado Victims

Ally Financial, the National Automobile Dealers Charitable Foundation, the General Motors Foundation and Chevrolet are among those pledging support for victims of the Oklahoma City tornado that claimed 24 lives.

Tags: Ally Financial, Chevrolet, disaster relief, General Motors, NADA

May 2, 2013 - Industry News

Group 1 Assessing Storm Damage in Oklahoma City, Houston

Group 1 estimates that the storms in Oklahoma City and Houston caused damage to facilities and about 3,200 new and used vehicles. The auto retailer is continuing to assess overall damage.

Tags: Acura, Buick, Chevrolet, Chrysler, Dodge, GMC, Group 1 Automotive, Honda, Jeep, Nissan, Oklahoma City, Ram, Toyota

December 4, 2012 - Industry News

November SAAR Highest Since February 2008

Two automakers have already sold more vehicles through the first 11 months of 2012 than all of last year, while several others recorded new sales records during the month of November.

Tags: Audi, BMW, Chevrolet, Chrysler, General Motors, Honda, Hyundai, Mazda, Mitsubishi, Nissan, November, record, sales, Toyota

November 6, 2012 - Industry News

New-Vehicle Sales Up 13.8 Percent Through October

Hurricane Sandy impacts Nissan and Hyundai sales, but the industry’s seasonally adjusted annual rate remained above 14 million for the ninth consecutive month.

Tags: Audi, Autodata, BMW, Chevrolet, Chrysler, Ford, General Motors, Honda, Hurricane Sandy, Hyundai, Mazda, Mitsubishi, Nissan, SAAR, Toyota, Volkswagen

November 6, 2012 - Industry News

Manufacturers Step Up to Help Hurricane Sandy Victims

Several manufacturers are helping victims of Hurricane Sandy with special discounts on vehicles and by donating to the American Red Cross.

Tags: Chevrolet, disaster relief, Donation, Ford, General Motors, Hurricane Sandy, manufacturers, OEM, Toyota, Volkswagen

September 4, 2012 - Industry News

Chevrolet Scores Big With ‘Love It or Return It’ Promotion

Chevrolet’s summer-long offer for customers to return their Chevrolet vehicle ends on a high note, as sales surge in August.

Tags: Chevrolet, Love It or Return It

March 2, 2012 - Industry News

Chevrolet Dealers Earn Top Spot in Customer Experience Ratings

A report by Temkin Group revealed that Chevrolet dealers are the top-rated auto dealers on the company’s customer experience rankings.

Tags: Chevrolet, Customer Service, Temkin Group

March 2, 2012 - Industry News

GM, Wells Fargo Launch Auto Finance Partnership

General Motors Co. and Wells Fargo & Co. announced a long-term partnership to offer financing to Chevrolet, Buick, GMC and Cadillac dealers and retail customers in GM’s West marketing region.

Tags: Buick, Cadillac, Chevrolet, dealer financing, Finance, Floorplan Financing, General Motors, GMC, new-vehicle financing, retail financing, Wells Fargo, wholesale financing

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