| Lithia Reports Record Net Income |
Jul 24th, 2014 |
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The dealer group realized a 28% increase in adjusted net income from continuing operations in the second quarter of 2014. The company’s average F&I profit per vehicle retailed was also up $104.
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| Auto Loan Balances Hit All-Time High, Equifax Reports |
Jul 24th, 2014 |
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The total balance of auto loans reached a record high in the first half of 2014, with auto loans accounting for more than 50% of all non-mortgage lending through April.
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| Capital One Expands National Sales Team |
Jul 24th, 2014 |
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The finance source has expanded its dealer services business with the addition of three new sales officers.
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| GM Recalls 718,000 More Cars in the U.S. |
Jul 24th, 2014 |
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Six new recalls affect Chevrolet, Buick, GMC, and Cadillac models.
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| Deutschland De-Restricted: We Storm the Autobahn in the Mercedes-Benz S63 AMG |
Jul 24th, 2014 |
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Imagine how much better your life would be if 150 mph were legal. Commuting times would be slashed—especially if you also fantasize that there’s no traffic—and road trips to Disney World would be so short that you’d have to listen to the Frozen soundtrack only three or four times each way. You’d spend thousands more […]
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| 2016 Acura NSX Prototype Burns on Nürburgring, Enters Supercar Inner Circle |
Jul 24th, 2014 |
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A manufacturer can’t expect to be taken seriously as a supercar builder unless a few of its exotics catch on fire every once in a while—take Ferrari, Lamborghini, and Porsche, for example. It appears Acura’s $100,000-plus NSX sports car badly wanted into the gang: One of the prototypes just fried itself during a testing session […]
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| From the C/D Archives: Our Original Test of the Ferrari F40! |
Jul 24th, 2014 |
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Here are some things you should know about the Ferrari F40: Its sticker price is $399,150. But dealers are getting about $700,000 for one, a bargain from last summer’s peak price of $900,000 and change. The price does not include a spare tire or a jack. Neither is available. The price does include a free […]
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| 2015 Toyota Yaris Debuts: New Nose, New Dash, Still a Car |
Jul 24th, 2014 |
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When Toyota last redesigned its Yaris subcompact, the company launched the remarkably frank “It’s a CAR!” marketing campaign. We weren’t impressed with the campaign, but the sportified SE model did finish third out of six in a subsequent cheap-car comparison test—pretty good for being “just a car.” For 2015, Toyota has restyled the Yaris inside […]
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| Chrysler CEO Stops Speculation of VW-Fiat Merge |
Jul 23rd, 2014 |
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Chrysler CEO Sergio Marchionne quashes rumors of a potential VW takeover.
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| 2015 Toyota Yaris Reveals Bolder Design |
Jul 23rd, 2014 |
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Can the new Yaris compete in the reinvented subcompact market?
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