April New-Vehicle Retail Sales Showing Growth, With Consumer Spending at Record-Level Pace
Apr 25, 2014
New light-vehicle retail sales are expected to reach their highest levels for the month of April since 2005, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. Retail Light-Vehicle Sales Retail light-vehicle sales in April 2014 are expected to come in at 1.1 million units, 5 perce ... Continue reading
Car Sales Settle into a Groove in April
Apr 25, 2014
Edmunds.com forecasts that 1,401,606 new cars and trucks will be sold in the U.S. in April for an estimated Seasonally Adjusted Annual Rate (SAAR) of 16.2 million. The projected sales will be an 8.7 percent decrease from March 2014, but a 9.1 percent increase from April 2013. The forecast anticipates that the auto indu ... Continue reading
Apr 25, 2014
TOKYO, April 25, 2014 -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal fourth quarter and the fiscal year ended March 31, 2014. Fourth Quarter Results Honda's consolidated net income attributable to Honda Motor Co., Ltd. for the fiscal fourth quarter ended March 31, 2014 totale ... Continue reading
SERP DIRECT MEDIA and DealerDirectiQ Guarantee Relevant Viewability and Advertiser Opportunity
Apr 24, 2014
These realities have resulted in editorial publisher’s like The Auto Channel to begin a quest to find a “holy grail†one that will provide a solution that increases a publishers revenue while presenting brand marketers with an affordable and scalable method to send qualified traffic directly to view ... Continue reading
Apr 24, 2014
EBIT-adjusted of $0.5 billion, reduced by $1.3 billion pre-tax recall charge and $0.3 billion in restructuring costs Company records strong core operating performance in first quarter Revenue and free cash flow improved year-over-year DETROIT â General Motors Co. today announced first quarter net income attributab ... Continue reading
Apr 24, 2014
While a poor experience with their insurer is the leading reason customers shop for, and ultimately switch to a new auto insurance company, declining new price satisfaction is the primary reason customers are less satisfied when they do switch insurers, according to the J.D. Power 2014 U.S. Insurance Shopping StudySM r ... Continue reading
Apr 23, 2014
J.D. Power, a business unit of McGraw Hill Financial, today announced the acquisition of Korrelate, an Orlando-based company that measures consumers' online behaviors and links them to offline sales activity. Korrelate's unique privacy-safe way of matching anonymous online behaviors combined with J.D. Power's Power Inf ... Continue reading
GM Statement on Filing in the Bankruptcy Court for the Southern District of New York
Apr 22, 2014
âGeneral Motors has taken responsibility for its actions and will keep doing so. GM has also acknowledged that it has civic and legal obligations relating to injuries that may relate to recalled vehicles, and it has retained Kenneth Feinberg to advise the company what options may be available to deal with those ob ... Continue reading
U.S. Cities with Greenest Car Shoppers
Apr 22, 2014
Cars.com has released its annual list of the U.S. cities with the most eco-friendly car shoppers. Data is compiled based on car shopper searches on Cars.com for hybrid and electric cars. Based on the results from the list, car shoppers in California continue to be the most eco-conscious with seven of the top ten cities ... Continue reading
Consumers purchasing an electric vehicle are younger and more affluent than those buying a hybrid
Apr 22, 2014
In honor of Earth Day, Experian Automotive released findings from an analysis comparing electric and hybrid* vehicles. Findings from the analysis showed that in 2013, more than 45 percent of hybrid car buyers were 56 years old or older, while roughly 26 percent of electric car buyers were of the same age. The greater p ... Continue reading
Jaguar Land Rover Captures The Queen's Approval
Apr 22, 2014
Jaguar Land Rover awarded 2014 Queenâs Award for Enterprise in International Trade, for âoutstanding overseas sales growth over the last three yearsâ In 2013, Jaguar Land Rover sold 425,006 vehicles, in more than 170 countries; 80% of all vehicles produced in UK are exported Award conferred on 21 April 2 ... Continue reading
Bridgestone to Build Passenger Car Tire Plant in Russia
Apr 21, 2014
Tokyo, Apr 14, 2014; JCN reported that Bridgestone Corporation broke ground this month at the planned site of a new passenger car radial tire plant in Ulyanovsk Oblast, Russia. The plant is expected to start production in the first half of 2016. The plant will produce passenger car radial tires such as winter tires for ... Continue reading
AutoNation Stepping Away From Third-Party Leads
Apr 18, 2014
Washington DC April 17, 2014; AutoNation Inc., tired of paying high prices for online leads, plans to de-emphasize third-party lead providers such as TrueCar, AutoTrader.com, and Cars.com, CEO Mike Jackson says. He says he will strengthen AutoNationâs Web site and digital presence to build traffic and sales. Begin ... Continue reading
Renault Announces New Investments in Brazil
Apr 18, 2014
Investments of R$ 500 million (£133 million) from 2014 to 2019 will be allocated to the development of new vehicles in the Curitiba plant An additional R$ 240 million (£64 million) over the next 10 years will support the creation of a new distribution centre to supply Renaultâs 275 outlets in Brazil and othe ... Continue reading
GM Leads Industry with Most American-Made Vehicles
Apr 17, 2014
For the second year in a row, General Motors dominates the âMade in Americaâ Automotive Index produced by American Universityâs Kogod School of Business. GMâs Chevrolet Corvette Stingray tied for No. 1 and 17 other GM vehicles tied for places in the Top 10. In addition to the Stingray, seven other C ... Continue reading
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