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July 25, 2011 - Industry News

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.

Tags: California New Car Dealers Association, New Vehicle Registrations, new-vehicle sales

July 7, 2011 - Industry News

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.

Tags: Dealix, Internet, Internet Shopper, NADA, NADAguides, new-vehicle sales, price quotes

June 14, 2011 - Industry News

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.

Tags: Gas Prices, NADA, new-vehicle sales, Paul Taylor

April 28, 2011 - Industry News

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.

Tags: F&I income, Lithia Motors, new-vehicle sales, used vehicles

April 28, 2011 - Industry News

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.

Tags: F&I income, Group 1 Automotive, new-vehicle sales, used vehicles

April 26, 2011 - Industry News

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.

Tags: AutoNation, new-vehicle sales, parts and service

April 19, 2011 - Industry News

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.

Tags: California New Car Dealers Association, new-vehicle sales

April 18, 2011 - Industry News

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.

Tags: Customer Retention, new-vehicle sales