Dealer News
The latest dealer centric news.
Bush defends GM, Chrysler loans
Former President George W. Bush on Monday defended approving the bridge loans that kept General Motors and Chrysler Group alive during the 2008 U.S. financial crisis.
Saab dealers eye parts firm, press GM to cover warranties
About 25 dealers met with Saab Cars North America Monday to discuss the formation of a parts distribution company and the disposal of 2,200 new cars remaining in Saab's dealer inventory.
Nissan division aims for 1.1M U.S. sales in 2012, up 16%
Nissan Division, the one major Japanese brand whose sales were not greatly affected by the March earthquake, is looking to add to its 2011 momentum with a 16 percent increase in volume to 1.
Chrysler, Dirty Harry draw heated blitz from the right
Talk about political football. Chrysler Group's two-minute Super Bowl ad is taking the heat from conservative commentators who claim the commercial is a veiled endorsement for President Barack Obama's re-election campaign.
Clint and Sergio: Can-do Chrysler's brand builders
Clint Eastwood and Sergio Marchionne. Not, at first glance, an obvious pairing. But the two gentlemen combined for an unlikely branding value over the weekend.
Foreign automakers brace for battles as U.S. election looms
AIADA Chairman Ray Mungenast isn't as confident as others that 2012 will be a smooth year for manufacturers -- at least not in Washington.
Lithia's DeBoer to Republicans: Give Obama some credit
Sid DeBoer recently stood up in front of a Rotary Club meeting in Medford, Ore., and thanked the man he believes should get a big share of the credit for the current prosperity of his Lithia Motors.
Why the pool of repos is skimpy, too
Just about anybody who cares about used vehicles knows that off-lease volume will be tight again this year as a result of fewer vehicles being leased during the recession.
Honda's credit rating outlook lowered by Moody's
Honda's credit rating outlook was dropped from stable to negative by Moody's Investors Service over concern the automaker faces challenges in regaining its market position due to growing competition, Bloomberg reported today.
Terrain to join GMC's Denali line
General Motors is expanding its popular Denali line of upscale GMC trucks to the brand's hottest vehicle, the Terrain crossover.
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