Ford Motor Co. has received an unsolicited mini-tender offer by Baker Mills LLC to purchase up to 400,000 shares of common stock of Ford. It advises shareholders to turn down the mini-tender offer by the Delaware firm. Read More »
Edmunds projects average APRs above 6 percent will be the new normal, with fewer incentives featuring reduced rates. Read More »
Mercedes-Benz Vans had year-to-date volume sales at 38,178 units for 2018 Read More »
The buy/sell transactions of automobiles increased 20 percent year over year in the third quarter, which would make 2018 be the fifth-consecutive year of over 200 buy/sells according to The Blue Sky Report by Kerrigan Advisors. Read More »
2018 Coming Close to Reach New Auto Sales Record Read More »
Cox Automotive Dealer Sentiment Index data released Dec. 10 shows U.S. auto dealers lean towards describing the fourth-quarter market from a pessimistic standpoint. Read More »
AutoNation Inc., an automotive retailer with over 300 locations, has added its AutoNation Toyota Tempe location to those certified in the J.D. Power Dealer of Excellence Program for 2018. Read More »
Honda released a statement on Nov. 20 that it will voluntarily recall roughly107,000 Honda Odyssey vehicles from the 2018 and 2019 model years in the United States to replace the left and right power sliding door rear latches at no cost. Read More »
Zero percent finance deals in November caused minor decline in interest rates Read More »
The California new vehicle market is assumed to end 2018 at elevated sales levels. Despite the little drop from previous years, new vehicle sales will be at the fourth-highest total over the past 11 years and 2018 sales will presumably outrun 2009 levels by over 900,000 units. Read More »
The 2018 third-quarter income from continuing operations increased 38 percent to $130.1 million, and related earnings per share increased 39.1 percent to $1.53 compared to last year. Read More »
Sonic Automotive risk management director: 'We definitely chose the right insurance provider in Zurich'
Although Sonic Automotive was already pleased with the way Zurich had handled its first minor hail damage claim, an even bigger test of the insurance company’s service lay on the horizon. Read More »
Zurich North America continues its service advisor sales training seminars for auto dealers across the U.S.
Zurich North America is continuing its sales training seminars and offering new resources to U.S. auto dealers with the addition of its service advisor training resources. Read More »
Trading your vehicle for another one is an exciting experience for every driver. However, one should know the basic rules and requirements when you decide to trade your vehicle. Read More »