Latest Automotive industry Stories

NEW YORK, March 6, 2013 /PRNewswire/ -- Toyota Motor North America, Inc. (TMA) today announced executive changes across Toyota's North and South American affiliate companies, which are effective as of April 1. These executive appointments are intended to give greater autonomy and more local control to regional executives and managers so they can provide superior customer-focused products and services. The moves also advance Toyota's efforts to integrate top regional talent into its...

GENEVA, March 5, 2013 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW) is revealing a new seat belt concept in collaboration with Rinspeed at the Geneva Motor Show, which opened today. (Photo: http://photos.prnewswire.com/prnh/20130305/DE71251 ) Instead of a seat belt buckle and tongue, the technology features a 'webbing catcher' which enables semi-automatic buckling and unbuckling. The system is being introduced on the microMAX commuter vehicle concept designed to travel...

SCOTTSDALE, Ariz., March 1, 2013 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI) will be presenting at the 15(th) Annual Credit Suisse Global Services Conference at The Phoenician in Scottsdale, Ariz. on Monday, March 11, 2013, at 10:30 a.m. PDT. Kimberly McWaters, chief executive officer, and Eugene Putnam, president and chief financial officer, will be presenting. A webcast of the presentation will be posted on the UTI investor relations website at...

Industry Transaction Prices Rise 1.2 Percent for February 2012; Industry Incentive Decline 3.9 Percent from February 2012 SANTA MONICA, Calif., March 1, 2013 /PRNewswire/ -- TrueCar, Inc. an automotive pricing information and analysis company that creates a better buying experience for dealers and consumers, estimated today that the average transaction price for light vehicles in the United States was $30,958 in February 2013, up $353 (1.2 percent) from February 2012 and up $146...

Dealers can now measure and improve inventory performance through simple grading score Norfolk, VA (PRWEB) February 26, 2013 Dominion Dealer Solutions, the nation’s largest provider of comprehensive inventory management solutions, data services and merchandising tools, as well as a leading provider of automotive data, announced today the addition of Inventory Health to the Dominion Inventory suite. Dominion’s Inventory Health gives dealers a quick way to identify areas needing...

ATLANTA, Feb. 26, 2013 /PRNewswire/ -- AutoTrader Group(TM) today announced that the HomeNet®, and vAuto® companies have completed certification in the Reynolds Certified Interface (RCI) Program. The companies join VinSolutions, which previously earned its certification, in the RCI Program. (Logo: http://photos.prnewswire.com/prnh/20130226/CL66955LOGO ) HomeNet, vAuto, and VinSolutions are part of AutoTrader Group's Software Solutions business, providing dealerships with software...

In the news release, February 2013 New Car Sales Expected to Be Up Six Percent According to TrueCar; February 2013 SAAR at 15.7M, Highest February SAAR Since 2007, issued 25-Feb-2013 by TrueCar.com over PR Newswire, we are advised by the company that the first table should read "% Change vs. January 2013" rather than "% Change vs. January 2012" as originally issued inadvertently. The complete, corrected release follows: February 2013 New Car Sales Expected to Be Up Six Percent According to...

Estimated Incentive Spending for February 2013 at $2,392 SANTA MONICA, Calif., Feb. 25, 2013 /PRNewswire/ -- TrueCar.com, the authority on new car pricing information, trends and forecasting, today released its February 2013 sales and incentives forecast. The forecast shows the following: For February 2013, new light vehicle sales in the U.S. (including fleet) is expected to be 1,214,194 units, up 5.7 percent from February 2012 and up 16.5 percent from January 2013 (on an...

Atlantic Toyota is proud to announce the dealer is the No. 1 Certified Pre-owned Dealer in NY state. Toyota Certified used cars are available to customers in number and quality. AMITYVILLE, N.Y., Feb. 22, 2013 /PRNewswire/ -- Toyota Certified used cars are offered in large quantities at Atlantic Toyota, and shoppers have the pick of some of the highest quality models. By offering the many models available at the dealership, Atlantic Toyota is happy to announce how proud it is to take...

WESTLAKE VILLAGE, Calif., Feb. 22, 2013 /PRNewswire/ -- The new-vehicle retail selling rate in February remains above 12 million units--stronger than it was a year ago--as the auto industry recovery continues, according to a monthly sales forecast developed by J.D. Power and Associates' Power Information Network® (PIN) and LMC Automotive. (Photo: http://photos.prnewswire.com/prnh/20130222/LA64660) (Logo: http://photos.prnewswire.com/prnh/20050527/LAF028LOGO-a) Retail...