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Nissan North America Appoints New Vice President for Midwest Region
FRANKLIN, Tenn. — Nissan North America recently announced thatBryan Dumais has been named regional vice president, Midwest region, Nissan Sales Division, effective immediately. He will report to Al Castignetti, vice president, Nissan Sales D
Jan 20, 2012
Implement a Compliance Program
A few months back I posed the question, “Can you pass a compliance audit?” The response was heartening. Most of you believe you have the appropriate processes in place, some of you submitted relevant questions, a few of you requested we help you
Jan 20, 2012
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CarFinance.com Launches to Empower Credit-Challenged Car Shoppers
IRVINE, Calif. — CarFinance.com launches today with a mission to empower the more than 1 in 3[1] car buyers (36%) who have less-than-prime credit. Unlike other websites that promise to provide financing, only to then sell loan applicants’
Jan 20, 2012
S&P/Experian Credit Default Indices: Auto Loans Default Rates Increased to 1.27%
NEW YORK — Data through December 2011, released today by S&P 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 types saw an i
Jan 20, 2012
Mercedes-Benz Financial Services Receives Over $50 Million in Payments Via Mobile Channels
NEW YORK — Since introducing its iPhone app giving customers the convenience to make payments anytime, anywhere just over two years ago, Mercedes-Benz Financial Services (MBFS) has received over $50 million in payments via mobile channels R
Jan 20, 2012
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SureSale™ Certified Launches in Phoenix: More Vehicles Eligible for CPO Programs
VENICE, Calif. — Mota Motors, a leading provider of online vehicle certification and selling platforms, today announced that SureSale™Certified, a comprehensive certified pre-owned (CPO) marketing program launched today in Phoenix. SureSale
Jan 20, 2012
Kelley Blue Book Reports Used-Car Values to Jump 3 to 5% in First Quarter
IRVINE, Calif. — Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, today reports that buyers in the market for a used car should purchase sooner rather than later, as Kelley Blue Book anticipates used-car v
Jan 20, 2012
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Deloitte Survey: Gen Y’s Embrace of Hybrid Vehicles May be Auto Market’s Tipping Point
DETROIT — Gen Y’s strong affinity for hybrid vehicles could make it the “generation that leads us away from traditional gasoline-powered vehicles,” reports Craig Giffi, vice chairman and automotive practice leader at Deloitte
Jan 20, 2012
NAAA and NADA Extend AuctionNet Partnership Through 2016
MCLEAN, Va. — The National Automobile Dealers Association (NADA) Used Car Guide and the National Auto Auction Association (NAAA) announced today a new agreement that will extend their AuctionNet partnership through 2016. “We are pleased t
Jan 20, 2012