Latest Automotive industry Stories
LAS VEGAS, Oct. 24, 2012 /PRNewswire/ -- DealerTrack (Nasdaq: TRAK) today announced that the newest member of the DealerTrack family - ClickMotive - was honored with three Digital Dealer Website Excellence Awards for its work with McGrath Automotive Group of Illinois and Carl Hogan Toyota of Mississippi. (Logo: http://photos.prnewswire.com/prnh/20101028/DEALERTRACKLOGO ) ClickMotive received awards in the following categories: Leads Per Inventory Search - For McGrath Automotive...
DETROIT, Oct. 23, 2012 /PRNewswire-USNewswire/ -- Bill Underriner, chairman of the National Automobile Dealers Association, outlined two contentious factory issues facing new-car dealers and urged automakers to support a level playing field for dealerships of all sizes. (Photo: http://photos.prnewswire.com/prnh/20121023/DC98485) (Logo: http://photos.prnewswire.com/prnh/20120104/DC30041LOGO) "Two-tier pricing and mandatory facility upgrades are symptoms of a bigger overall...
The lingering effects of the recession have significantly altered the state of the Car and Automobile Manufacturing industry over the five years to 2012. At the onset of the turmoil in 2008, automakers had already been enduring crashing consumer demand for new vehicles. Things took a turn for the worse in 2009, though, as US vehicle sales fell to historic lows and industry revenue plummeted. The future of the industry over the next five years is much brighter. Industry profit margins will...
TROY, Michigan, October 18, 2012 /PRNewswire/ -- Keynote speeches delivered by Mr. Lawrence Geise, Chief Engineer and Division Director of Body and Interior Design, Honda R&D Americas and Prof. Frank Henning, Head of Polymer Engineering, Fraunhofer ICT (Germany) will outline the sustainable mobility trends and pressures for lightweight vehicle design (CAFE standards in the U.S.) and the technologies that will enable large scale manufacturing of automotive composites. The...
DETROIT, Oct. 18, 2012 /PRNewswire/ -- Ford and Carfax have agreed to provide Carfax Vehicle History Reports for the Ford and Lincoln Certified Pre-Owned (CPO) programs. Starting Jan. 1, 2013, Ford is committed to providing a free Carfax® Vehicle History Report(TM) for every Ford and Lincoln CPO vehicle. (Logo: http://photos.prnewswire.com/prnh/20080507/CARFAXLOGO ) "Carfax Vehicle History Reports make the Ford Certified program better," said Mark Ninomiya, General Manager at...
LAKE SUCCESS, N.Y., Oct. 17, 2012 /PRNewswire/ -- DealerTrack (Nasdaq: TRAK) today announced the company has been selected as the recommended DMS provider for Dealers United, a national purchasing network for privately-owned automotive dealers. (Logo: http://photos.prnewswire.com/prnh/20101028/DEALERTRACKLOGO ) As part of the agreement, Dealers United will market DealerTrack DMS as the recommended DMS solution to its entire network of nearly 5,000 franchised and independent...
SANTA MONICA, Calif., Oct. 16, 2012 /PRNewswire/ -- TrueCar.com, the authority in new car pricing information, trends and forecasting released its Performance Scorecards grading automotive manufacturers and brands for their performance in the month of September. The Performance Scorecards grade each manufacturer and brand on eight different measurements including pricing, sales, incentives, customer loyalty, market share, and days in inventory. (Logo:...
LAKE SUCCESS, N.Y., Oct. 11, 2012 /PRNewswire/ -- DealerTrack Holdings, Inc. (Nasdaq: TRAK), today announced that it will release its third quarter 2012 financial results after the market closes on November 8, 2012. A conference call will be hosted by Mark F. O'Neil, chairman and chief executive officer, and Eric D. Jacobs, chief financial and administrative officer, that evening beginning at 5:00 pm (ET). (Logo: http://photos.prnewswire.com/prnh/20101028/DEALERTRACKLOGO ) A live...
AUBURN HILLS, Mich., Oct. 11, 2012 /PRNewswire/ -- Faurecia, the world's sixth-largest automotive supplier, today announced the completion of its new Southfield customer center, marked by the addition of a Faurecia sign atop the Travelers Tower 1 building on Evergreen Road near Interstate 696 in Southfield, Mich. The center will house more than 200 employees, including more than 80 new professional jobs. The Southfield Customer Center, which occupies some 50,000 square feet on the...
Public Sale to Feature Assortment of Seized Vehicles HARRISBURG, Pa., Oct. 10, 2012 /PRNewswire-USNewswire/ -- The State Department of General Services invites the public to visit the Manheim Auto Auctions, located at 488 Firehouse Road, Grantville, Dauphin County, later this week to preview the more than 570 vehicles that will be available for bid on Monday, Oct. 15. Prospective bidders are invited to inspect the vehicles from 9 a.m. to 4 p.m. on Thursday, Oct. 11, through Sunday,...
