Auto Retail News

CHADDS FORD, PA –Flagship Credit Acceptance LLC (“Flagship”), a national indirect automobile finance company, announced the issuance of its first asset-backed securitization of $109 million, which was completed on July 12, 2012. The securitizat

Overland Park, Kan.:  NCM® Associates, a leading provider of 20 Group, retail operations consulting, management training, and Benchmark® analysis services to retail automotive dealers and managers, today announced it will be hosting an open house

Madison, Ind. – Forward Lift has updated its website, www.forwardlift.com, to help customers find the vehicle lift product and service information they need more quickly and efficiently.                               �

DEARBORN, Mich. – The Board of Directors of the Ford Motor Companytoday declared a third-quarter dividend of $0.05 per share on the company’s Class B and common stock. This is the same level of dividend paid in the first and second quarters of 20

HOUSTON — Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, recently announced that its board of directors authorized a program to repurchase up to $50.0 million of the company’s common stock. Purchases may be mad

Southfield, Michigan — Credit Acceptance Corporation  (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced recently the final results of our tender offe

Bankers expect credit delinquencies to stabilize but student lending troubles to persist MINNEAPOLIS — In FICO’s quarterly survey of bank risk professionals, lenders said they are expecting an increase in the availability of car loans for consume

Below please find highlights from the June 2012 NADA Official Used Car Guide Update: –Wholesale Prices Fall by 1.7% in June Compact car prices dive by 3.7%; large SUV prices slip by only 0.4%. –Used Price Outlook Downgraded July Official

Hertz becomes the first U.S. car rental company to purchase vehicles from PorschePARK RIDGE, N.J. — The Hertz Corporation (NYSE: HTZ) announces that it has become the first U.S. car rental company to purchase vehicles from Porsche, and will be