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NewsMarch 6, 2012

Rebates Propped Up February Auto Sales, Reports Buycentives

A study by Buycentives revealed that rebates and incentives continued to play a role in February auto sales.

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NewsMarch 6, 2012

Equifax, Moody's Predict Growth in Auto Finance Market

U.S. consumer credit data from CreditForecast.com, a joint product of Equifax and Moody's Analytics, projects a rebounding consumer environment along with recovering auto and home markets in 2012.

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NewsMarch 6, 2012

Gas Prices, Fuel-Efficient, Used-Vehicles Pricing on Same Trajectory

CarGurus, an auto research and shopping site, expects prices on fuel-efficient, used vehicles to increase 15 percent by August as gas prices continue to approach $4.50 a gallon.

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NewsMarch 2, 2012

Manheim Completes Acquisition of Dealer Services Corp.

Manheim announced it has completed its planned purchase of Dealer Services Corporation, a used-vehicle floorplan company for independent dealers that’s based in Carmel, Ind.

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NewsMarch 2, 2012

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.

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NewsMarch 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.

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NewsMarch 1, 2012

Interest in Fuel-Efficient Cars Followed January Gas Price Spike, AutoTrader Reports

A report by AutoTrader.com revealed that the notable increase in gas prices in January pushed used-car shoppers on its site toward fuel-efficient vehicles.

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NewsMarch 1, 2012

Luxury Sales to Remain Solid, Forbes Insights Predicts

A study by Forbes Insights revealed that the company anticipates luxury auto sales to stay strong into the foreseeable future.

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NewsMarch 1, 2012

Subaru Tops 2012 Automaker Report Cards, Says Consumer Reports

Consumer Reports’ automaker report cards for 2012 revealed that Subaru has earned the top score for the first time.

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NewsMarch 1, 2012

Sonic Realizes 14 Percent Profit Increase in 2011

Sonic Automotive Inc. reported the company’s total 2011 revenues were up 14 percent year over year. Total fourth quarter revenues were up 12 percent from the year-ago quarter as well.

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