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Autodata Corp. estimated that U.S. auto sales reached 12.8 million units last year, marking the best year for auto sales since 2008 if the stat holds. Big winners were General Motors, Ford and Chrysler, with GM reclaiming the top spot in world vehicle sales two years after it emerged from its U.S.-backed bankruptcy.
Read More →Edmunds.com’s review of 2011 car sales revealed that the Ford F-150 is the top-selling new vehicle of 2011, while the Honda Accord is the best-selling used car of the year.
Read More →November proved to be another strong month for automakers, with light vehicle sales pacing at a 13.63 million SAAR — the highest rate this year, according to Autodata Corp.
Read More →Ford Motor Credit appointed Bernard Silverstone as the company’s new COO. Silverstone is a 32-year veteran of the company and currently serves as the captive’s president of marketing and sales.
Read More →Ford Motor Credit Company announced the launch of Lincoln Automotive Financial Services (LAFS), a new captive established to serve Lincoln customers.
Read More →Automakers enjoyed their best October since 2007, with U.S. auto sales rising about 8 percent from last October to 1.02 million, according to Autodata Corp.
Read More →The American Financial Services Association announced that John Noone, Ford Motor Credit Company president, was appointed AFSA 2011-2012 chair.
Read More →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 →NADAguides Top Recommended Current Buys list for the third quarter includes models from Audi, BMW, Chevrolet, Ford, GMC, Hyundai, Land Rover, Toyota and Volkswagen.
Read More →AutoTrader.com's Trend Engine report for August indicated that the decline in gas prices over the summer has driven consumers back toward large trucks and SUVs, particularly in the new-vehicle arena.
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