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Lithia Motors Inc. reported the highest fourth quarter net income in company history, and more than doubled earnings for the fourth quarter and full-year 2011 vs. last year.
Read More →DealerTrack Holdings Inc. reported that revenue last year came in at $353.3 million, a $109.5 million increase vs. 2010.
Read More →Kelley Blue Book said yesterday that it expects new-vehicle sales to surpass 1.05 million units this month, which means the industry would be pacing at a 13.8 million seasonally adjusted annualized rate (SAAR) — a 6.4 percent improvement from the year-ago period.
Read More →A report by AutoTrader.com revealed that shoppers are turning toward smaller and more fuel-efficient vehicles in the wake of rising gas prices, which crept up to a national average of nearly $3.40 per gallon in January.
Read More →Safe-Guard Products International announced that Alan Moak joined the company as vice president of claims, and that Tony Catania was named director of sales, OEM and national accounts.
Read More →Despite a rise in gas prices, data from the first 15 days of February indicates that vehicle sales could rise 7 percent to 1.1 million units this month, according to CNW Research.
Read More →Auto Point Inc. and TimeHighway.com announced a partnership to give service customers the ability to schedule an appointment 24 hours a day, 7 days a week from their computers or mobile devices.
Read More →The Impact Group announced its latest certified interface, a direct integration relationship between ADP DMS systems and the Fusion F&I menu platform, as well as TFS’s FS Presentation.
Read More →An analysis by Polk revealed that the average length of ownership of vehicles that were purchased new has risen to a record 71.4 months, or nearly six years.
Read More →AutoFerret.com announced that its Automated Virtual Assistant has sent its five millionth message to auto dealership customers.
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