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Economic conditions are improving, although modestly, the Federal Reserve said in its Beige Book report on the economy. The report, a collection of comments received from businesses and other sources in 12 federal regions, also showed improvement in auto sales.
Read More →According to a new AutoUSA study, 85 percent of auto dealers consider Internet marketing their most important marketing activity for new-car sales.
Read More →If you have the right product lineup and selling prices, pre-owned customers will buy F&I products, too. F&I trainer shows you how.
Read More →Lithia Motors Inc. posted a third-quarter profit of $7 million from continuing operations, an increase from the $2.5 million recorded in the year-ago period.
Read More →Sonic Automotive Inc. reported a third quarter profit of $18.4 million from continuing operations, up from a loss of $15.1 million in the year-ago period.
Read More →The “Cash for Clunkers” program temporarily boosted new-vehicle sales, while compact car values rebounded in late August and continued to climb in September, according to the latest Kelley Blue Book (KBB) Monthly Market Report.
Read More →R. L. Polk & Co. estimates new light vehicle sales in 2010 will reach 11.2 million units, up 9.6 percent over 2009, with third quarter 2010 sales estimated to be the strongest at an anticipated 28 percent of the annual total.
Read More →After four straight months of declines, retail sales rebounded in August, but not just because of the federal Cash for Clunkers (C4C) program.
Read More →Automotive data provider vAuto is providing its dealer customers with vehicle history information from Carfax through vAuto's used-vehicle software application.
Read More →The California New Car Dealers Association (CNCDA) said that registrations of new cars and light trucks declined 42.9 percent in the second quarter of 2009 compared to the year-ago period.
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