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S&P/Experian Consumer Credit Default Indices: Most Consumer Credit Default Rates Hit New Lows in September

NEW YORK — Data through September 2012, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that most loan ty
Oct 18, 2012
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Redesigned Mid-Size Models Forcing Bigger Price Cuts On Used Cars

According to Ricky Beggs is the VP, Managing Editor at Black Book – National Auto Research, there has been growing hype over the new mid-size cars being introduced for 2013, with particular emphasis on stronger competition from domestic makers.
Oct 18, 2012
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VehicleHistory.com Reaches 2.5 Million Vehicle History Reports Sold

Motor vehicle report website VehicleHistory.com has reached over 2.5 million VINs searched by clients on their website. VehicleHistory.com continues to grow and thanks their customers for loyal service and support. Denver, CO — With over 2.5 mi
Oct 18, 2012
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Dealer-Financed Car Sales Poised to Eclipse Pre-Recession Levels, Reports Edmunds.com

SANTA MONICA, Calif. — Dealer financing is back to pre-recession levels after bottoming out in 2009, says Edmunds.com, the premier resource for automotive information. A key driver of this resurgence, according to Edmunds.com, is the revival of
Oct 18, 2012
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Hertz Extends Timing Agreement With The FTC Until November 16, 2012

PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (NYSE: HTZ) this week announced that, in connection with its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYS
Oct 18, 2012
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Audi of America adds new Central Region to support dealers, customers as U.S. presence grows

Fourth region, representing 22% of Audi U.S. dealerships, will open up opportunities to meet target of 200,000 new-car sales before 2020 Audi of America is creating a new Central Region, based near Chicago, to provide greater dealer support nationwid
Oct 18, 2012
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Toyota Financial Services Wins 2012 AFP Pinnacle Award Grand Prize

MIAMI — Toyota Financial Services surpassed dozens of competitors to win the Association for Financial Professionals’ 2012 Pinnacle Grand Prize, which recognizes excellence in treasury and finance. The 12th annual Pinnacle Grand Prize, sp
Oct 18, 2012
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America’s Car-Mart Opens 117th Dealership

Bentonville, Arkansas — America’s Car-Mart, Inc. (NASDAQ: CRMT) this week announced the opening of its 117th dealership. The dealership is located in Oxford, Mississippi. “Oxford is our fourth location to open in Mississippi.  It i
Oct 18, 2012
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Cars.com Names Linda Bartman Chief Marketing Officer

CHICAGO – Cars.com, the premier online resource for buying and selling new and used cars, today announced that Linda Bartman, the site’s Vice President of Marketing, has been named Chief Marketing Officer. As CMO, Bartman is responsible for overs
Oct 18, 2012