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Latest Automotive industry Stories

2014-05-23 16:20:22

Estimated incentive spending at $2,677 per vehicle SANTA MONICA, Calif., May 23, 2014 /PRNewswire/ -- TrueCar, the negotiation-free car-buying platform, today released its May 2014 sales and incentives forecast, which shows the following: -- New light vehicle sales in the U.S. (including fleet) are expected to reach 1,521,000 units, up 5.5 percent from May 2013 and up 9.5 percent from April 2014. -- Seasonally Adjusted Annualized Rate ("SAAR") of 16.1 million new...

2014-05-22 12:22:07

WESTLAKE VILLAGE, Calif., May 22, 2014 /PRNewswire/ -- With strong new light-vehicle retail sales anticipated over the Memorial Day weekend, the selling rate in May is expected to be at the highest level of the year, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. http://photos.prnewswire.com/prnvar/20130605/LA26502LOGO Retail Light-Vehicle SalesRetail light-vehicle sales in May 2014 are expected to come in at 1.3 million units, 4 percent...

2014-05-21 12:21:25

DUBLIN, May 21, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/k23ssw/china_automotive) has announced the addition of the "China Automotive Starter Industry Report, 2014-2017" report to their offering. http://photos.prnewswire.com/prnh/20130307/600769 Insight's China Automotive Starter Industry Report, 2014-2017, it can be predicted that automotive starter market under the influence of vehicle market will enter a period of sluggish growth over the next...

2014-05-19 08:21:05

READING, England, May 19, 2014 /PRNewswire/ -- Steven Cootes and Antoine du Cluzel join Innoverne global leadership team to tap automotive sector's transformation towards the circular economy. Innoverne Limited [http://www.innoverne.com ], an emerging technology innovator that delivers omni-channel solutions supporting business transformation towards a circular economy, today announced it has appointed senior automotive executives Steven Cootes and Antoine du Cluzel to...

2014-05-14 12:21:12

WESTCHESTER, Ill., May 14, 2014 /PRNewswire/ -- Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), and the leading live and live-online salvage auto auction company, today announced they have opened a new branch in Tulsa, OK. This facility is essential to IAA's continued growth and expansive footprint of facilities across North America to provide buyers and sellers with more options. "IAA continues to focus on providing the best selection and...

2014-05-14 12:21:07

Experts to predict the gasoline price tipping point that will drive green car sales, Tuesday, May 20 LOS ANGELES, May 14, 2014 /PRNewswire/ -- On May 20, 2014 the Motor Press Guild (MPG), the largest automotive media association in North America, will hold a special event moderated by John O'Dell, senior editor for fuel efficiency and green vehicles at Edmunds.com. The event will take place on the historic Queen Mary in Long Beach where automotive industry experts will gather to discuss...

2014-05-12 23:03:33

Ralph V. Gilles, President and Chief Executive Officer (CEO)- Motorsports, Chrysler Group LLC, and Senior Vice President - Product Design, Chrysler Group LLC, will serve as the Opening Keynote Speaker for the 40th annual SAE Convergence. Warrendale, Pa. (PRWEB) May 12, 2014 Ralph V. Gilles, President and Chief Executive Officer (CEO)- Motorsports, Chrysler Group LLC, and Senior Vice President - Product Design, Chrysler Group LLC, will serve as the Opening Keynote Speaker for the 40th...

2014-05-12 08:21:24

DETROIT, May 12, 2014 /PRNewswire/ -- Results of the 14(th) annual automotive industry study on the major US and Japanese automakers' working relations with their suppliers show the US Big Three are once again falling behind their Japanese competitors, with Toyota, Honda and Nissan finishing 1-2-3 respectively in the top rankings. http://photos.prnewswire.com/prnvar/20140509/86083 The study is watched carefully in automakers' boardrooms because an OEM's supplier relations rating can be...

2014-05-01 08:21:19

Average Incentive Reaches More Than $2,750 Per Vehicle SANTA MONICA, Calif., May 1, 2014 /PRNewswire/ -- TrueCar, the negotiation-free car buying platform, estimated today that the average transaction price (ATP) for light vehicles in the U.S. was $30,868 in April 2014, down $98 (-0.3 percent) from April 2013 and down $689 (-2.2 percent) from March 2014. http://photos.prnewswire.com/prnvar/20110118/LA31413LOGO "Average transaction prices declined in April as a result of...

2014-04-30 23:22:43

Offers robust, flexible technology and affordable dealer management system for Toyota Motor Sales dealers. West Middlesex, PA (PRWEB) April 30, 2014 Leading dealer management system (DMS) provider Autosoft, Inc., (http://www.Autosoft-asi.com) announced today that Autosoft FLEX DMS has been approved for integration with Toyota Motor Sales, U.S.A. “Toyota dealers can now benefit from the affordable, feature-rich Autosoft FLEX DMS that helps them operate their dealerships comprehensively...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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