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NewsMay 31, 2011

Most 2011 Models Fail New Fuel Economy Rating

The good news is the new fuel economy labels are designed to help consumers who are looking for more fuel-efficient vehicles. The bad news is applying the ratings to 2011 models shows the majority of vehicles get a rating of 6 or less.

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NewsMay 24, 2011

Mosley Kicks Off New Seminar Series in Florida

Mosley Automotive Training is kicking off a new sales seminar series for automotive sales professionals next month in Florida. Called “Control Your Sales Destiny,” the one-day event will be led by Cory Mosley, celebrated trainer and Sales Driver columnist for F&I and Showroom magazine.

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NewsMay 24, 2011

Chrysler Group Repays U.S. and Canadian Government Loans in Full

Chrysler Group LLC today announced the repayment of $7.6 billion in outstanding U.S. and Canadian government loans following the completion of new refinancing transactions.

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NewsMay 23, 2011

KBB Offers Free 30-Day Trial of Quick Values Portal

Kelley Blue Book is offering dealers and other industry service companies a free, no-obligation, 30-day trial of its newest valuation product Quick Values.

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NewsMay 23, 2011

NADA: Trade-In Values for Used Cars Expected to Rise in June

Trade-in values of small cars, such as the Ford Focus, Honda Civic and Toyota Corolla, are expected to rise more than 30 percent year-over-year in June, says Jonathan Banks, senior analyst with the NADA Used Car Guide.

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NewsMay 23, 2011

FordDirect Names Stacey Coopes CEO

FordDirect, a joint venture between Ford Motor Company and its franchised dealers, announced Monday the appointment of Stacey Coopes as CEO.

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NewsMay 18, 2011

JM Family Announces Two Executive Promotions

JM Family Enterprises Inc. announced the promotion of Carmen Johnson to executive vice president of JM Family, and Dan Chait to senior vice president of subsidiary World Omni Financial Corp.

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NewsMay 17, 2011

John Luckett Named SVP of First Extended Service Corp.

First Extended Service Corporation, a unit of The Warranty Group Inc., a global underwriter, administrator and marketer of service plans and related programs, has named John Luckett as senior vice president of sales and marketing.

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NewsMay 17, 2011

CNW: Supply Shortages, Jittery Consumers Point to Rough Summer

Several indicators in the opening days of May point to a dimming outlook for new-vehicle sales, CNW reported in the May edition of its Retail Automotive Summary.

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NewsMay 17, 2011

Gas Prices Fueling Consumer Support for Higher Fuel Economy Standards, Study Says

A national survey of 2,000 representative Americans found that large majorities are concerned about gas prices (85 percent), think it is important to reduce oil consumption (87 percent), and believe it is important to increase fuel economy standards (75 percent).

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