Auto Retail News

Seems like no matter how things change in our business, some basics still prevail. Dealerships today can utilize any number of computer pricing models all designed to capture shoppers through price. One could think “low bidder wins”. But if you u

Well, this seems to be the topic of articles that you read with all the quasi new wave used car writers and speculators in the market place today, who seem to find most of their automotive talent and experience somewhere out there in the Internet wit

SAN FRANCISCO – The Presidio Group LLC recently released its Automotive Retail M&A Report for Year End 2011. Public Company Acquisitions in 2011 140% Higher than 2010, Top $500 Million Some highlights of Presidio’s report include: M&A a

I hear the following from dealers several times a week: “That car doesn’t work for us.” “Why?” I’ll ask. “We tried it before and we got burned” is a typical reply. “Well, let’s take a look,” I’ll say. This “look” at market

ATLANTA – Manheim operating locations across the country were honored by customers for setting the pace of business in the vehicle remarketing industry in 2011. Manheim teams were recognized for top performance in all aspects of the remarketing p

I love to ask dealers what their “brand” is and then listen to the response. Ninety percent of the time dealers respond with the makes and models they are selling. I follow up by saying: “No, not the brands of vehicles you sell, what is your br

Ever heard this, “Cause I said so,” an offshoot of the infamous “Do as I say” mantra? Of course, we all have experienced this mini-diatribe usually focused on some type of quasi-instructional act – usually from a parental (or like) unit –

BROOKFIELD, Wis. — Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that San Diego County Credit Union (SDCCU), a $5.4 billion financial institution, is now offering a full range

DETROIT — Ally Financial Inc. today announced that it has completed the renewal of $15 billion in credit facilities at both the parent company and at its banking subsidiary, Ally Bank, with a syndicate of 19 lenders. The secured facilities can