Foreign Carmakers Raced to Record U.S. Sales in October

Initial reports show automakers having their best sales so far this year in October, despite consumer wariness about the lackluster economy. Foreign carmakers Hyundai, Kia, Subaru and Volkswagen all turned in solid performances…

BMW Earnings Jump, Luxury Car Maker Raises 2010 Forecast

BMW, the German luxury car maker, reported Wednesday its third-quarter net profit soared and revenue surged on strong demand for luxury cars. “The broad recovery taking place in international car markets gives reason to believe that sales volumes will …

October Auto Sales Could Point to an Improving Market

Carmakers are expected to report a mixed picture for October sales: mostly better than a year ago, but down slightly from September. Still, the pace appears strong enough that the upper end of full-year forecasts is reachable.
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AutoTrader.com Buys Kelley Blue Book

AutoTrader.com has agreed to buy the venerable Kelley Blue Book automobile pricing enterprise for an undisclosed amount, the companies said Tuesday.

Kelley Blue Book will operate as a subsidiary of AutoTrader and continue to be headquartered in Irvin…