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Credit Acceptance Announces Final Results of Tender Offer
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
Jul 12, 2012
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Survey: Banks Will Expand Lending to Car Buyers with Damaged Credit
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
Jul 12, 2012
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Wholesale Prices Fall by 1.7% in June
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
Jul 12, 2012
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Hertz Introduces Porsche Sports Cars Into Its U.S. Fleet
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
Jul 12, 2012
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Chevrolet, Buick and GMC CPO Sales Up 1.3%
Below please find sales numbers for General Motor’s certified pre-owned vehicles: Chevrolet, Buick, GMC June 2012: Month end total sales: 24,095 Year to date total sales: 143,125 Month over month percent change: 1.3% Year over year percent chan
Jul 12, 2012
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Are your Trade Secrets Protected?
Anyone involved in the auto industry knows that employees tend to relocate within the industry frequently. This is particularly true in high demand positions such as experienced managers as well as specialized technicians such as diesel technicians a
Jul 12, 2012
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Rob Mudd of Mudd Advertising Invited to Speak in Bangkok for IRI Hosted Event
Cedar Falls, Iowa — Rob Mudd, President of Digital media for Mudd Advertising, has been invited to attend and educate a select panel of Asian government officials on the processes behind creating and executing an effective digital media strate
Jul 12, 2012
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Three Ways to Re-think Reconditioning and Improve Profitability
I was always taught that a dealer should never apologize for anything when it came to used vehicles. This meant that we would always spend the time and money to “go the extra mile” with the reconditioning of every used car at my family’s dealer
Jul 12, 2012
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First round of speakers selected to deliver cutting edge business strategies at the 13th Digital Dealer Conference & Exposition
The first round of speaker selection has been announced for the 13th Digital Dealer Conference & Exposition and come this October 23 – 25 a cadre of leading experts will be ready to deliver cutting edge digital strategies to the industry’s mo
Jul 12, 2012