Auto Retail News
Posts
Finance & Insurance News
GM Financial Reports Earnings of $104 Million
FORT WORTH, TEXAS – GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $104 million for the quarter ended December 31, 2011, and $386 million for the year ended December 31, 2011. Earnings of $1
Feb 17, 2012
Posts
Finance & Insurance News
RouteOne Compliance Dashboard Now Available
FARMINGTON HILLS, Mich. — RouteOne LLC announced today the introduction of the Compliance Dashboard, a free tool that provides dealers a visual assessment of the dealership’s compliance status for all applicable deals. Dealers may track
Feb 16, 2012
‘I Learned it All from You”
Looking back over my 30 years in the training business it never ceases to amaze me how our industry changes so rapidly, yet stays the same. Basic fundamentals that have made each one of your dealerships what they are today have survived the years.
Feb 16, 2012
Used Vehicle Prices Expected to Increase 3-5% in 2012
According to Kelly Blue Book’s recent issue of the Blue Book Market Report for February 2012 on the Q1 and Q2 Outlook for used vehicles, Kelley Blue Book expects supply to remain a significant challenge for dealers in 2012, and as a result, they
Feb 16, 2012
Posts
Finance & Insurance News
Asbury Automotive Group Reports Finance and Insurance Revenues Up 24%
DULUTH, Ga. — Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the fourth quarter 2011 of $17.0 million, or $0.54 per diluted sh
Feb 16, 2012
Penske Automotive Reports Used Unit Retail Sales Up 20%
BLOOMFIELD HILLS, Mich. — Penske Automotive Group, Inc. announced this week that fourth quarter 2011 income from continuing operations attributable to common shareholders increased 22% to $42.5 million and related earnings per share increased 2
Feb 16, 2012
Posts
Everyone
AutoTrader.com Takes an Equity Stake in ControlBox.com to Advance Online Privacy and Security Products
ATLANTA and LAKE ORION, Mich. — AutoTrader.com, the ultimate automotive marketplace, is taking an equity stake in ControlBox.com LLC in support of the launch of the Privacy Shield™ product, which helps private sellers keep their personal con
Feb 16, 2012
Posts
Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Consumer Tips for Buying an Extended Vehicle Warranty for a New or Used Vehicle
TALLAHASSEE, Fla. — The Service Contract Industry Council (SCIC) works directly with state legislators nationwide to regulate the licensing of motor vehicle service contract providers, mandate significant consumer protections and to implement
Feb 16, 2012
Posts
Everyone
TrueCar.com Lists Best Car Deals in February, 2012
SANTA MONICA, Calif. — TrueCar, Inc. which is devoted to bringing innovation to the car buying process, has found the best new car deals on vehicles including cash, finance and lease deals available nationwide, and is forecasting that Saturday,
Feb 16, 2012