The U.S. Department of Justice settled a lawsuit filed against the former Union Mitsubishi of Los Angeles. The suit claimed the dealer charged non-Asian customers higher interest rate markups.
Read More →Year-to-date sales in May were up 7.3 percent, according to AutoData Corp., while the SAAR was up 1.36 million units from a year ago. Several manufacturers also reported record-breaking Mays.
Read More →Two automakers have already sold more vehicles through the first 11 months of 2012 than all of last year, while several others recorded new sales records during the month of November.
Read More →Hurricane Sandy impacts Nissan and Hyundai sales, but the industry’s seasonally adjusted annual rate remained above 14 million for the ninth consecutive month.
Read More →Minus Mercedes-Benz, automakers issued their sales reports for August. Big winners include Chrysler, Honda, Toyota and Nissan.
Read More →Fueled by a 22.1 percent spike in sales vs. a year ago, industry sales paced at a 14.08 million-unit rate in June.
Read More →Ally kicks off its new relationship with Mitsubishi by fueling a new lease program for the automaker’s 2012 Mitsubishi i.
Read More →Despite the annual sales rate dipping from 14.42 million in April to 13.78 million, May retail sales were 25.7 percent higher than May 2011, according to Autodata Corp.
Read More →Industry sales jumped out to their strongest pace since April, with the industry recording a 10 percent sales increase in September, according to AutoData Corp. Leading the way were Chrysler, Mazda, Nissan and Volkswagen.
Read More →A study by TrueCar.com showed that Generation Y buyers tend to lean toward Scion, Mitsubishi and Mazda brands.
Read More →