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Total light vehicle sales were up 10.3 percent from a year ago and 14.9 percent vs. March, according to AutoData, which put the seasonally adjusted annual rate at 14.42 million units.
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TrueCar predicted Tuesday that new light-vehicle sales in March will increase 13.7 percent from the year-ago period to 1.417 million units.
Read More →Edmunds.com reported that Japanese car manufacturers are finally back on track in the United States one year after the March 11, 2011, earthquakes that struck Japan.
Read More →A recent uptick in gas prices pushed consumers toward fuel-efficient vehicles rather than back to the sidelines, with the annual sales rate jumping to 15.1 million vehicles, according to Autodata.
Read More →At the magazine’s annual conference, finance executives reflected on the trends that defined 2011 and reaffirmed their commitment to the indirect lending channel in the year ahead.
Read More →Retail sales rose 11.4 percent in January, with the industry pacing at a 14.18 million seasonally adjusted annual sales rate — the highest rate since the government’s Cash for Clunkers program in August 2009, according to AutoData.
Read More →The industry shifts its gaze to leasing as the segment realizes gains and prompts dealers to update their processes.
Read More →Kelley Blue Book announced that Toyota reclaimed the No. 1 spot for brand loyalty on the site in the fourth quarter, a position it last held in 2010
Read More →Southeast Toyota Distributors LLC announced the promotions of Kevin Fleeger to group vice president of operations and Wayne Crater to vice president of parts supply and distribution.
Read More →Toyota, Lexus and their respective finance divisions announced they are offering special APRs and rebates to qualified military personnel and inactive reserves looking to purchase a new car.
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