Dealers
Banks dominate auto finance, overtaking captives
2:20 pm U.S. ET | March 11
The shake-up among auto lenders touched off by the credit crisis in 2008 continued last year, with banks and credit unions emerging as winners, according to Experian Automotive's AutoCount ranking.... Read More » Comments [0] | Recommendations [0]
Advertising
Ralliart unit folds, but Mitsubishi will keep the name
2:17 pm U.S. ET | March 11
Mitsubishi will continue using the “Ralliart” brand name despite the demise of the Japanese racing parts company this week. Ralliart Inc., a wholly owned Japanese subsidiary of Mitsubishi Motors Corp.... Read More »
Like GM, Chrysler should reinstate rejected dealers, lawmaker says
10:43 am U.S. ET | March 10
A senior U.S. lawmaker is calling on Chrysler Group to follow General Motors Co.'s lead and reinstate rejected dealerships. Rep. Chris Van Hollen, the sixth-ranking House member, noted that Chrysler itself has said a strong dealer network is instrumental to the company's growth.... Read More »
- Mazda follows Toyota in installing brake override systems | March 9, 10:59 am U.S. ET
- Chrysler signals it won't follow GM on dealer reinstatement | March 9, 1:17 pm U.S. ET
- Rejected-dealer advocates fail to get GM reinstatement calls | March 9, 12:01 am U.S. ET
- GM has contacted all 661 dealers slated for reinstatement | March 8, 4:48 pm U.S. ET
- GM, dealers talk cash to wind down | March 8, 12:01 am U.S. ET
- Leasing's revival expected to continue in '10 | March 8, 12:01 am U.S. ET
- Finance execs agree: 2010 is hitting stride | March 8
- More dealers sell insurance products in service lanes | March 8
- GMAC deal will cost DealerTrack $15 million | March 8
- 661 dealerships expect make-up calls from GM | March 8
- GM seeks to reinstate 661 rejected dealerships | March 5 | UPDATED: 3/5/10 6:14 p.m. ET
- Toyota vehicle residual values slipping, report says | March 5
- More
Sales
MARCH U.S. AUTO SALES
March sales begin like a lion, thanks to Toyota, GM incentives
3:27 pm U.S. ET | March 11
Fresh Toyota and General Motors incentives boosted the U.S. auto market in early March to the fastest sales pace this year, the auto data Web site Edmunds.com said today. In the first eight days of March, the U.S. seasonally adjusted annualized sales rate was 12.5 million units, said Edmunds.... Read More »
Finance & Insurance
Congressional panel says GMAC has no business plan; suggests break up
4:30 pm U.S. ET | March 11
GMAC Inc. still has no business plan even after receiving a $17.2 billion investment from the government, and the Treasury Department has been lax in making sure that the bank repays taxpayers, a congressional panel said today.... Read More »
Marketing
GM’s Suburban gets a free ride in ‘Crazy Heart’
12:35 pm U.S. ET | March 10
So how much did General Motors Co. pay to place a well-worn 1978 Chevrolet Suburban in a prime role in the hit film ‘Crazy Heart’? The truck was driven by leading man Jeff Bridges -- ironically, the voice of Hyundai commercials.... Read More »
Remarketing
SmartAuction will handle used-car disputes
12:01 am U.S. ET | March 8
GMAC Financial Services now will arbitrate disputes for dealers who find previously undisclosed problems with vehicles they bought through GMAC's SmartAuction online remarketing channel -- no matter the seller.... Read More »
Service & Parts
THE TOYOTA RECALL CRISIS
Toyota Prius acceleration incident reported in New York
12:01 am U.S. ET | March 11
U.S. federal regulators said they were looking into a report of another runaway Toyota Prius, this one in Westchester County, N.Y., where police said a woman pulling out of a driveway zoomed across a busy street and into a stone wall.... Read More »
NADA
Store profits up in '09; cost cuts help offset weak revenues
12:01 am U.S. ET | March 1
The average U.S. dealership's profits rose sharply last year despite lower overall revenues and fewer unit sales industrywide. The average dealership's net pretax profit margin rose to 1.5 percent in 2009 from 1.... Read More »
Automotive News TV
» Today's newscast
• Saab CEO on strategy
• Chevy pitch: 'Excellence'
• Nissan's truck gambit
Thu., March 11
• Saab CEO on strategy
• Chevy pitch: 'Excellence'
• Nissan's truck gambit
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