| Chrysler Ford General Motors report sales growth |
Mar 1st, 2013 |
NEW YORK Tax increases. Rising gas prices. Political dysfunction in Washington. None of that kept Americans away from auto dealer showrooms in February as General Motors ...
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| UPDATE 3-Canada February auto sales slip Big Three still robust |
Mar 1st, 2013 |
Fri Mar 1, 2013 5:53pm EST By Solarina Ho TORONTO, March 1 (Reuters) - Canadian auto sales dropped a moderate 3.3 percent in February in a third straight monthly decline, according to industry data ...
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| BRIEF-TOYOTA sees US industry sales in February up about 4 pct |
Mar 1st, 2013 |
DETROIT, March 1 | Fri Mar 1, 2013 2:56pm EST DETROIT, March 1 (Reuters) - Toyota Motor Corp sales conference call: * US exec says industry sales in February will be up about 4 percent ...
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| Guthrie Grabs Honda Classic Lead McIlroy Withdraws |
Mar 1st, 2013 |
PALM BEACH GARDENS, Florida (Reuters) - Young American Luke Guthrie shot a sparkling seven-under-par 63 to grab the early clubhouse lead at the Honda Classic on Friday after world number one Rory ...
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| Police Video shows 2 cars during Vegas attack |
Mar 1st, 2013 |
LAS VEGAS -; Police say a video camera on a taxi dashboard captured a black Range Rover and a Maserati weaving around each other during a shooting that left an aspiring rapper and two other people ...
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| Toyota FT-86 Open Concept Bound for Geneva Will Be Our Eventual Scion FR-S Roadster |
Mar 1st, 2013 |
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With just days to go before the Geneva Motor Show, the Toyota FT-86, one of the most highly anticipated concepts of the show, leaked out, exposing the concept version of what will be our Scion FR-S. Overseas, the Scion FR-S is called the Toyota GT86, harking back to the rear-wheel-drive Toyota Corolla AE86 that’s become [...]
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| Fitch Expects Slight Weakness |
Mar 1st, 2013 |
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 Fitch Ratings expects the recent pattern of easing U.S. auto loan underwriting standards to continue in 2013, and some further weakening in lender credit metrics will likely result. However, the trajectory of increased delinquencies and credit losses still appears modest and in line with its expectations.
Credit losses and delinquency rates ticked up modestly in the fourth quarter of 2012, largely as a result of seasonality. Loss rates were up by 28 basis points compared with the third quarter, while 30-day delinquency rates moved up by 63 basis points for auto lenders reviewed in the analysis.
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| Sandy Hits Copart's Results |
Mar 1st, 2013 |
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 Copart Inc. reported the results for the quarter ended Jan. 31.
For the three months ended Jan. 31, revenue, operating income and net income were $266.2 million, $62.8 million and $39.6 million, respectively. These represent an increase in revenue of $38.3 million, and decreases in operating income of $0.8 million, and in net income of $1 million, respectively, from the same quarter last year.
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| Consumers Fell Pinch of Higher Taxes |
Mar 1st, 2013 |
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 For the month of February, Kelley Blue Book analysts predict new-car sales will maintain the momentum from the previous three months and hit 15.3 million seasonally adjusted annual rate (SAAR), a 3.4 percent year-over-year improvement.
Although shy of the 14 percent annual gain the auto industry experienced in January, sales should improve more than 7 percent after adjusting for the number of selling days in February.
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| TrueCar Marks Milestone |
Mar 1st, 2013 |
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 TrueCar has announced that its more than 5,500 dealer partners nationwide have sold over 700,000 new and used vehicles to users of TrueCar sites.
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