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Incentive growth was at its lowest point in March since last September, but the NADA Used Car Guide noted that the automakers that decreased spending were the ones that scored sales increases for the month.
Read More →The court’s decision will allow the case pitting 148 defunct Chrysler dealerships against the U.S. government to proceed. The dealerships were closed as part of Chrysler’s 2009 bailout agreement.
Read More →Public dealer groups continue to exercise discipline in terms of their acquisition strategy, but The Banks Report shows that acquisition activity was robust overall last year — particularly during the opening and closing months of 2013.
Read More →Vehicle OEMs are hopeful for a sales rebound after winter storms pushed down sales in late January. According to Autodata, both the industry SAAR and total sales were down from a year ago.
Read More →The Women’s Automotive Association International has named Maureen LaFontaine, Christina Schrank, Alison Spitzer and Liz Wetzel as recipients of the 2014 Spirit of Leadership Award. The award will be presented at a reception held during the NADA Convention in New Orleans.
Read More →December sales were in line with last year’s total, while annual sales increased nearly 8% to 15.6 million units.
Read More →Fiat North America LLC signed an agreement on New Year’s Day to acquire the remaining stake in Chrysler Group LLC. The transaction is expected to close on Jan. 20.
Read More →According to Forbes, Fiat announced it will not launch its initial public offering of Chrysler until 2014.
Read More →Not only is the number of vehicles on the road today at its highest level since 2008, the average age of the current fleet increased a full year from four years ago, Experian Automotive reports.
Read More →Chrysler Group LLC amended its initial public offering to more clearly detail its value to its majority owner, Fiat, Bloomberg reports.
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