J.D. Power and LMC Automotive expect May retail sales to exceed 1 million units for the third consecutive month.
Dealers interested in participating now have until June 30 to provide feedback for the annual study. Association officials said the deadline was extended in response to dealer requests.
For the second year in a row, the Albany Times-Union honored Auto/Mate as one of the 'Top Workplaces in the Capital Region.' The company took the honor in the 'Small Workplaces’ category.
Experian Automotive found that buyers of hybrid vehicles, which make up slightly more than 1 percent of total vehicles in operation, aren't just environmentally conscience, they are 'economically minded" as well.
Last year was a record-breaking year for consumer complaints received by the FTC, and identify theft once again topped the list.
Most of the major dealer groups posted big gains in the fourth quarter and for the full-year 2012. One group reached an all-time high of $1,215 in F&I gross profit per retail unit.
Ford announced it will hire 2,200 salaried workers in 2013 to support new products. The new employees will fill jobs in such areas as product development, manufacturing and IT.
U.S. Bank data shows 27.3 percent more approvals in 2012 vs. 2011. December’s credit approval rate also jumped 55 percent from November.
Enterprise touts relationships with credit unions, claims to have generated more than $380 million in loan volume for credit unions through used-car sales in 2012.
According to ADESA’s Tom Kontos, wholesale used-vehicle prices rose by 3.1 percent in December vs. November.
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