Retail

Auto auction purchases fell 6 percent in 2009

4:36 pm U.S. ET | March 12

Dealers purchased almost 9 million vehicles at National Auto Auction Association member auctions in 2009, down 6 percent from 2008, according to the auction group's 13th annual survey.... Read More »

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THE TOYOTA RECALL CRISIS

Toyota may extend discounts past March, Esmond says

4:00 pm U.S. ET | March 12

Toyota Motor Corp. may keep aggressive discounts available for U.S. consumers beyond this month after unprecedented incentives lifted U.S. sales in early March. Toyota's U.S.... Read More »

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Nissan gets stamp of approval in Japan

2:31 pm U.S. ET | March 12

Nissan Motor Co. just got the Japanese government's official stamp of approval. Literally. Japan Post Network Co., the country's national postal service, has issued a limited-edition set of stamps to commemorate Nissan's popular Skyline sedan and its electric-car heritage.... Read More »

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Chrysler signals it won't follow GM on dealer reinstatement | March 9

Honda CR-Z orders in Japan hit 7,000 units, half annual sales target | March 12, 4:03 pm U.S. ET

Congressional panel says GMAC has no business plan, suggests break up | March 11, 4:30 pm U.S. ET | UPDATED: 3/11/10 4:55 p.m. ET

March sales begin like a lion, thanks to Toyota, GM incentives | March 11, 3:27 pm U.S. ET

Banks dominate auto finance, overtaking captives | March 11, 2:20 pm U.S. ET

Ralliart unit folds, but Mitsubishi will keep the name | March 11, 2:17 pm U.S. ET

Incentives expected to help Toyota boost sales 30% in March | March 10, 3:00 pm U.S. ET

Like GM, Chrysler should reinstate rejected dealers, lawmaker says | March 10 | UPDATED: 3/10/10 12:34 p.m. ET

GM’s Suburban gets a free ride in ‘Crazy Heart’ | March 10

Customers' driver's licenses pose hidden threat to dealers | March 10

Trial is reset for defunct tire-program vendor | March 10

Subprime lender AmeriCredit says don't come in, the water is fine | March 10

Sales

Nissan work van hauls 'why-didn't we-think-of-that?' features

9:34 am U.S. ET | March 12

It may be one of the least sexy vehicles Nissan Motor Co. has ever unveiled: a big white commercial van with blank side panels and a bare interior. But the new NV2500 that Nissan executives presented to the public here Wednesday at the 2010 Work Truck Show represents a daring challenge to the U.S.... Read More »

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Dealers

GM reinstatement offers deemed 'more than fair'

6:11 pm U.S. ET | March 12

General Motors Co. is imposing no onerous conditions on dealers who it is offering to reinstate, five lawyers said today. Most of the 661 eligible dealerships will agree to the conditions outlined in the letter of intent that GM started sending today, the lawyers and some dealers said.... Read More »

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Finance & Insurance

GMAC finance chief leaves for private-equity firm

2:00 pm U.S. ET | March 9

The CFO of GMAC Financial Services is leaving the auto lender to join a private-equity firm. Robert Hull will join Providence Equity Partners in April as chief financial officer.... Read More »

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Marketing

Toyota, rivals in 'dogfight' for wary shoppers

12:01 am U.S. ET | March 8

A battle is raging for the tens of thousands of customers Toyota has lost since its recall crisis erupted six weeks ago -- "a dogfight," says one analyst who sees Toyota losing market share over the long term.... Read More »

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Remarketing

SmartAuction will handle used-car disputes

12:01 am U.S. ET | March 8

GMAC Financial Services now will arbitrate disputes for dealers who find previously undisclosed problems with vehicles they bought through GMAC's SmartAuction online remarketing channel -- no matter the seller.... Read More »

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Service & Parts

THE TOYOTA RECALL CRISIS

Toyota Prius acceleration incident reported in New York

12:01 am U.S. ET | March 11

U.S. federal regulators said they were looking into a report of another runaway Toyota Prius, this one in Westchester County, N.Y., where police said a woman pulling out of a driveway zoomed across a busy street and into a stone wall.... Read More »

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NADA

Store profits up in '09; cost cuts help offset weak revenues

12:01 am U.S. ET | March 1

The average U.S. dealership's profits rose sharply last year despite lower overall revenues and fewer unit sales industrywide. The average dealership's net pretax profit margin rose to 1.5 percent in 2009 from 1.... Read More »

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