Dealer News
The latest dealer centric news.
Bentley to add flex-fuel capability to all Continentals
All Bentley cars in the Continental range will be sold as flex-fuel-only vehicles starting in June. Bentley announced the decision to make its Continental sedan, coupe and convertible flex-fuel at the Geneva auto show.
March sales begin like a lion, thanks to Toyota, GM incentives
Fresh Toyota and General Motors incentives boosted the U.S. auto market in early March to the fastest sales pace this year, the auto data Web site Edmunds.com said today. In the first eight days of March, the U.S.
Surprise: Toyota troubles not hammering certified sales
Considering all the trouble Toyota had in February -- accusations of unintended acceleration, predictions of falling resale values and the suspension of sales of recalled vehicles -- had the brand's certified used vehicle sales suffered, I wouldn't...
Banks dominate auto finance, overtaking captives
The shake-up among auto lenders touched off by the credit crisis in 2008 continued last year, with banks and credit unions emerging as winners, according to Experian Automotive's AutoCount ranking.
Ralliart unit folds, but Mitsubishi will keep the name
Mitsubishi will continue using the and#8220;Ralliartand#8221; brand name despite the demise of the Japanese racing parts company this week. Ralliart Inc., a wholly owned Japanese subsidiary of Mitsubishi Motors Corp.
VW may use bond issue to help fund buying spree
Volkswagen AG wants to use a convertible bond issue alongside a share sale to help finance its planned acquisitions.
Russia dealer giant Rolf gets $340M loan
Rolf Group, Russia's largest dealer of foreign cars, has secured a $340 million five-year loan from state-controlled lender Sberbank to refinance part of its current debt, the company said on Wednesday.
Whitacre: GM is on track for pre-June loan repayment
General Motors Co. will pay back roughly $8 billion in debt to the United States and Canada before June, CEO Ed Whitacre said today. That repayment schedule would be quicker than the automaker has promised.
Incentives expected to help Toyota boost sales 30% in March
New incentives are boosting Toyotaand#8217;s U.S. sales big time in early March, and analysts forecast a 30 percent bounce for the full month.
Like GM, Chrysler should reinstate rejected dealers, lawmaker says
A senior U.S. lawmaker is calling on Chrysler Group to follow General Motors Co.'s lead and reinstate rejected dealerships. Rep.
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