Just a few years ago, dealership doors in the U.S. were slamming shut as auto sales floundered and two of the Big 3 automakers went through bankruptcy. But in a stark difference to what happened in the overall American auto industry in recent times, Nissan said Monday it  is aiming to increase its global dealership […] [Read More]

J.D. Power and Associates insisted new-vehicle retail sales have rebounded during the first half of June as consumers — despite mixed economic signals — returned to dealerships. Analysts pegged June new-vehicle retail sales to come in at 884,800 units, which represents a seasonally adjusted annualized rate (SAAR) of 9.9 million units. They pointed out the […] [Read More]

Ohio State’s football program has taken a pounding this spring in light of NCAA allegations that are continuing to unfold, counting a head coach as one of their losses. OSU’s first chance for an on-field victory won’t come until the season opener on Sept. 3 against Akron, but the Buckeyes scored an off-the-field victory last […] [Read More]

Editors from Kelley Blue Book announced late last week which units made the cut for their 2011 Top 10 Coolest New Cars Under $18,000, with a mix of domestics and foreign vehicles peppering the list and the new model from Fiat grabbing the No. 1 spot.  Ranking their top choices from 10 to one, KBB […] [Read More]

Editors from Kelley Blue Book announced late last week which units made the cut for their 2011 Top 10 Coolest New Cars Under $18,000, with a mix of domestics and foreign vehicles peppering the list and the new model from Fiat grabbing the No. 1 spot.  Ranking their top choices from 10 to one, KBB […] [Read More]

Along with revealing scholarship and leadership award recipients, the National Independent Automobile Dealers Association used its 65th annual Convention & Expo to add another industry veteran to the NIADA National Ring of Honor. The latest inductee is Joe Lescota, Northwood University’s automotive marketing department chair. NIADA chief executive officer Michael Linn declared during a ceremony that […] [Read More]

Sharing some positive news on the production and sales fronts Thursday — which will likely bring good tidings for used supply, as well — Nissan said its global sales are projected to climb nearly 10 percent for fiscal 2011. And full production is expected to be restored in October.  This spells good news for the used side […] [Read More]

In the latest setback Saab is facing, the automaker revealed it does not have the funds to make payroll. Dealers and employees appear to be holding their breath to see if management can pull renewed funding off, even as creditors, including suppliers, are knocking on the automaker’s door. [Read More]

With the season to drive a convertible now in full swing, TrueCar.com discovered automakers are discounting these models through rebates and other incentives by as much as 12 percent. “More manufacturers than ever before are offering vehicles with a convertible option for consumers to choose from,” noted Jesse Toprak, vice president of industry trends and […] [Read More]

CarMax posted a 25-percent lift in net earnings during the first quarter, and with a spike in store traffic, the retailer also enjoyed comparable used sales that climbed 6 percent. More specifically, CarMax’s net earnings came in at $126.3 million ($0.55 per diluted share) for the fiscal first quarter, which ended May 31. This sum […] [Read More]