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Industry sales jumped out to their strongest pace since April, with the industry recording a 10 percent sales increase in September, according to AutoData Corp. Leading the way were Chrysler, Mazda, Nissan and Volkswagen.
Read More →F&I and Showroom magazine named Lithia Motors Inc. as its 2011 F&I Dealer of the Year. The award was presented to Steve Justice, the organization’s F&I training manager, at the magazine’s Industry Summit 2011.
Read More →The MyMazda service iPhone app provides customers with personalized service offers, maintenance reminders, factory maintenance schedules and other information about their Mazda.
Read More →A survey from Chrome Systems Inc. revealed that nearly 25 percent of consumers with Internet-enabled mobile devices used their device to research or shop for a car.
Read More →Facebook is driving just as much traffic to automaker Websites as sites like AutoTrader.com, Cars.com and Edmunds.com, according to a new report from J.D Power and Associates and Compete Inc.
Read More →Lithia Motors Inc.’s new $200 million three-year revolving syndicated credit facility will provide $100 million for new-vehicle floorplan financing and $100 million for general corporate purposes.
Read More →New-vehicle loan originations were up 15 percent in the first half compared to the same period last year, according to Equifax.
Read More →An emerging trend shows that more than 100 used 2011 models on the market have a retail value that surpasses their current MSRP price, according to NADAguides.
Read More →First-half credit growth outpaced the first half of 2010 by $43 billion, with the automotive segment being one of the key drivers, according to Equifax’s National Credit Trends Report.
Read More →Andrew Stuart, a 20-year veteran of the automotive industry, will take over as president of VW Credit. The appointment takes effect in January.
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