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NewsJuly 26, 2011

TrueCar.com: Baby Boomers Gravitate Toward Luxury Vehicles

A new study by TrueCar.com indicates that baby boomers are into luxury and eye-catching appeal.

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NewsJuly 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.

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NewsJuly 26, 2011

GAPWise Joins Provider Exchange Network

Provider Exchange Network (PEN) has added GAPWise to its e-contracting platform. The product provider's dealers will now have access to e-contracting, e-rating and e-remittance capabilities.

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NewsJuly 26, 2011

Westlake Financial Services Releases Top Auctions List

Westlake Financial Services announced its top auctions list for the second quarter, with Norwalk Auto Auction and Manheim Nevada taking the top spots.

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NewsJuly 26, 2011

Ford Credit Performing Well Despite Earnings Decrease, Say Officials

Company officials partially attribute Ford Motor Credit Company’s $173 million decrease in earnings to reductions in credit loss reserves and other expenses, the company reported today.

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NewsJuly 26, 2011

CNW: Consumers Return to Showrooms in Second Half of July

Car buyers are responding to an apparent pick-up in incentive spending by manufacturers, reports CNW.

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NewsJuly 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.

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NewsJuly 19, 2011

MaximTrak Provides Details on Dealer Adoption of Web-Based F&I System

Based on current market conditions and dealer success with its solution, MaximTrak said it has experienced a high level of demand for its Web-based F&I system during the first half of 2011.

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NewsJuly 19, 2011

Automakers Could Turn to Fleet if Retail Stalls, Warns CNW

Consumers were back on the sidelines for the first 15 days of July, according to CNW Research, as car buyers continued to wait for the expected increase in incentives after the summer months.

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NewsJuly 18, 2011

KBB.com: Hyundai Ranks No. 1 in Brand Loyalty

KBB.com reports that Hyundai’s loyal consumer base has remained constant thanks to aggressive marketing campaigns and product redesigns.

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