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Ally Financial Donates to American Red Cross to Help Tornado Victims
DETROIT, MI – Following the lead of some of its Oklahoma City dealer customers, Ally Financial will make a $10,000 donation to the American Red Cross in support of its Oklahoma tornado disaster relief efforts. Three auto dealers in the area –
May 23, 2013
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Tesla Repays Department of Energy Loan Nine Years Early
PALO ALTO, CA – Tesla Motors announced that it has paid off the entire loan awarded to the company by the Department of Energy in 2010. In addition to payments made in 2012 and Q1 2013, today’s wire of almost half a billion dollars ($451.8M)
May 23, 2013
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Ford, Jeep, Chevy Named Top Digital Automotive Brands
According to Online Media Daily, Ford, Jeep and Chevy named top digital automotive brands. On the digital proving track, Detroit is beating out the competition. Ford, Jeep and Chevrolet were the top three auto brands based on an analysis of their Web
May 22, 2013
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Unveiled – The 2014 Mercedes-Benz S-Class
The 2014 Mercedes-Benz S-Class unveiled by The Pursuitist. Mercedes-Benz has officially unveiled the 2014 S-Class. The world premiere event occurred in Hamburg, Germany, at the Airbus A380 Delivery Centre. Mercedes-Benz is hailing the S class as a fl
May 20, 2013
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Ford Predicts Four-cylinder Vehicle Sales on the Rise
According to the Detroit News, Ford predicts four-cylinder vehicles sales are on the rise. Automobiles with four-cylinder engines already comprise more than half of U.S. new-vehicle sales, and that number could grow to two-thirds by the end of the de
May 20, 2013
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Top 10 Markets for Highest Monthly Payments – ‘Truck Country’ Dominates
The top 10 markets for highest monthly payments, according to SubPrime Auto Finance News. SANTA MONICA, Calif. — Nearly half of the markets represented among the Top 10 for the highest monthly auto loan payment for a new model in April are located
May 17, 2013
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The 14th Digital Dealer Showcases Inspirational Keynotes, More Education and Increased Attendance
100+ sessions, workshops and case studies, 100+ solutions providers, 3 thought-provoking keynotes and nearly 1,000 dealers and managers power the industry’s premier learning and networking event to a double digit attendance increase. The 14th Digit
May 16, 2013
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Owner Suit Says Ford’s EcoBoost Engine is Defective
According to USA Today, owner suit says Ford’s EcoBoost engine is defective. Three Ohio drivers are suing Ford Motor, claiming the company’s highly touted six-cylinder EcoBoost engine is defective. Their suit says the 3.5-liter V6 EcoBoos
May 16, 2013
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Nissan Pathfinder and Altima Named to Kelley Blue Book’s 10 Best Family Cars List
NASHVILLE, TN – The reinvented 2013 Nissan Pathfinder was named to the top spot on the list of 10 Best Family Cars of 2013 from Kelley Blue Book’s KBB.com today. The 2013 Nissan Altima also made this year’s cut of KBB.com’s top family-fri
May 16, 2013