| Cheap Leases Offered To Spur Electric Car Sales |
Jun 6th, 2013 |
DETROIT (AP) – Auto companies are hoping lower lease prices can put a charge into sluggish electric car sales. Honda announced Thursday that it’s slashing the monthly lease cost of its tiny Fit EV by one third, following similar moves by other automakers. Honda also is throwing in other goodies, such as a free home charging station and unlimited mileage. Electric vehicles once were ...
|
| |
|
| |
| Video Charts Evolution of BMW X5 Through Three Generations |
Jun 6th, 2013 |
|
BMW shows off all three generations of its X5 crossover side by side by side to highlight the new features of the 2014 model.
|
| |
|
| |
| U.S. Treasury to Sell More GM Stock Ahead of S&P Inclusion |
Jun 6th, 2013 |
|
The United States Treasury Department will sell 30 million more GM shares ahead of the company’s inclusion into the S&P 500. GM will take the place of H.J. Heinz on the S&P index. The Treasury had previously announced it would sell its remaining holdings, and the transaction has been expected. General Motors received $49.5 billion [...]
|
| |
|
| |
| Enterprise Names CEO |
Jun 6th, 2013 |
|
 Enterprise Holdings announced that Pamela M. Nicholson, the company's president and chief operating officer, has been promoted to chief executive officer.
|
| |
|
| |
| Chrysler Rejects Recall Request |
Jun 6th, 2013 |
|
 Chrysler Group is challenging a major recall of older model SUVs.
The National Highway Traffic Safety Administration has issued a recall request letter proposing that Chrysler recall the Jeep Grand Cherokee in model years 1993 to 2004 and the Jeep Liberty in model years 2002 to 2007 (a total of approximately 2.7 million vehicles).
|
| |
|
| |
| Prepaid Maintenance Pays Off |
Jun 6th, 2013 |
|
 Dealer-branded prepaid maintenance programs that are 100 percent funded by customers are boosting service revenue by 15 percent and customer retention to 60 percent (and even higher). These findings and other auto dealer reports are featured in a new white paper from Performance Loyalty Group.
|
| |
|
| |
| Hybrid Sales, Retention Increase |
Jun 6th, 2013 |
|
 The penetration of hybrid and plug-in cars is growing, but ever so slightly.
The primary driver today is as much related to the CAFE standards causing manufacturers to step forward with these new products, as it is related to pure consumer interest and demand, according to value guide Black Book.
|
| |
|
| |
| Auction Raises Money for Veterans |
Jun 6th, 2013 |
|
 Carolina Auto Auction and its dealers raised $5,000 for the Wounded Warrior Project throughout the month of May as part of its annual Support the Troops campaign. "Carolina Auto Auction campaigned throughout the month of May to raise donations for the Wounded Warrior Project and honor veterans" said Tommy Rogers, general manager. "One of our veteran employees created a display area in the lanes and on sale day the auction captured photographs of many of the veteran dealers and employees present."
|
| |
|
| |
| Sale Names Assistant GM |
Jun 6th, 2013 |
|
 Peter Saldamarco, president of Central Auto Auction, located in Hamden, Conn., recently named Anthony Salerno assistant general manager.
|
| |
|
| |
| Porsche 911 GT2 RS tears up downtown Los Angeles: Remembering 'Top Gear' season 2 |
Jun 6th, 2013 |
|
Motorsports wizard Tanner Foust of the American version of and#8220;Top Gearand#8221; took a
|
| |
|
| |
