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Edmunds.com: Strong Sales Let Automakers Hold the Line on Incentives in March

SANTA MONICA, Calif. — March’s incentive spending on new car sales decreased month-over-month, suggesting that surging auto sales are being driven more by consumer demand than sweet deals at the dealership, according to an analysis of Edmunds.
Apr 6, 2012
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Black Book Promotes Jeff Bunch Promoted President of Lender Solutions

Gainesville, GA – Black Book announced today that Jeff Bunch has been promoted to the position of Vice President of Lender Solutions.  In this role, Bunch will be responsible for leading Black Book’s efforts to increase revenue growth from the l
Apr 6, 2012
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AutoTrader Classics Hosts “Ride or Restore” $10,000 Sweepstakes

ATLANTA — Want the opportunity to win money towards the purchase or modification of a classic or performance car?  One lucky winner will score $10,000 as the grand prize winner in AutoTrader Classics’ “Ride or Restore” sweeps
Apr 6, 2012
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AIADA: Small Cars Lead Sharp Rise in Sales

Alexandria, VA – The American International Automobile Dealers Association (AIADA) today released March 2012 sales figures for the international nameplate automobile industry. AIADA represents America’s approximately 10,000 international nameplat
Apr 6, 2012
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Chevrolet, MTV Scratch survey key attitudes toward car ownership from new generation

NEW YORK – Nearly 70 percent of Millennials – the generation of young Americans ages 11 to 30 years old – consider the purchase of their first car to be a key marker on the road to adulthood, according to research conducted by Chevrolet and MTV
Apr 6, 2012
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FTC Charges that Auto Loan Schemes Falsely Promised They Could Stop Consumers’ Cars from Being Repossessed

WASHINGTON — The Federal Trade Commission filed charges and requested that a U.S. district court put a stop to the allegedly deceptive tactics of two California-based auto loan modification operations.  The FTC asserted that the two separate o
Apr 6, 2012
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Data: Higher Gas Prices and Easier Credit for Less-Qualified Buyers Means Shift to Smaller Vehicles

WESTLAKE VILLAGE, Calif. — While sales of new light vehicles in the United States continued at a brisk pace in March 2012, the types of vehicles being purchased, as well as the types of buyers and the average transaction price are rapidly chan
Apr 6, 2012
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Gear Up for Higher Gross Profits per Sale with Driving From the Desk

Driving From the Desk offers an innovative yet simple way of increasing gross profits for each car sale by training the sales desk with non-confrontational tools in negotiating. Auto sales have been in a slump for the past four years. While sales hav
Apr 5, 2012
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Ford Motor Company and Dealers to Raise Record-Setting $1 Million for High Schools in April

DEARBORN, Mich. — Educational budget cuts are common, forcing schools in every state to either eliminate valued programs or search for other means of funding. To address these needs at a local level and empower communities to support and prote
Apr 5, 2012