Auto Retail News
Ford Confirms Increased Investment in Kansas City Plant
KANSAS CITY, Mo. — Ford Motor Company recently confirmed Kansas City Assembly Plant workers will build its full-size Transit van – Europe’s best-selling commercial vehicle – when the new product joins its North American lineup in 20
Oct 23, 2011
Toyota Material Handling North America Announces Management Changes
COLUMBUS, Ind. — Toyota Material Handling North America (TMHNA) announces the expansion of its executive team in an effort to further strengthen the North American regional operations and distribution channels of the two respected brands it rep
Oct 23, 2011
Auto Loan Default Rates Down in September
NEW YORK — Data through September 2011, released 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 the only decrease in credit line
Oct 21, 2011
Posts
Everyone
Southside Financial Group Launches National Subprime Loan Portfolio Program to Help Franchised and Independent Auto Dealers Achieve Greater Liquidity
Arlington, Texas — Southside Financial Group, an active purchaser of auto finance receivables, today announced the launch of a nationwide program to purchase existing near prime and subprime auto loan portfolios from franchised and independen
Oct 21, 2011
Posts
Body ShopDealer ManagementDealer/GM NewsFinance & Insurance NewsFixed Operations NewsSales & MarketingService
Sales Are Up, But Net Profits Are Down: How Can That Be?
The average dealership parts and service department brought in more annual revenue than the previous year, and yet took less money to the bank. According to NADA DATA 2011, the average dealership saw their year over year parts and labor sales grow by
Oct 21, 2011
Posts
Everyone
DMEautomotive Makes Customer Loyalty Easy for Dealerships
DAYTONA BEACH, Fla. — DMEautomotive, the industry leader in science-based, results-driven automotive marketing, today announced a new affordable “card-free” customer loyalty program for auto dealerships designed to eliminate the usu
Oct 21, 2011
Alliance Financial’s Indirect Auto Loan Balances Down
SYRACUSE, N.Y. — Alliance Financial Corporation (“Alliance” or the “Company”) (NasdaqGM: ALNC), the holding company for Alliance Bank, N.A., announced an 18.7% increase in net income for the quarter endedSeptember 30, 20
Oct 21, 2011
Used Prices to Drive New Car Sales in Fourth Quarter
MCLEAN, Va. — Above average trade-in values for used cars are expected to increase new vehicle sales in the fourth quarter, says Jonathan Banks, senior analyst with the National Automobile Dealers Association (NADA) Used Car Guide. “We ex
Oct 21, 2011
Posts
Everyone
GM: Record 1.2 Million Chevrolets Sold in Third Quarter of 2011
DETROIT – Chevrolet sold 1.2 million vehicles globally in the third quarter, the best July-to-September results in the brand’s 100-year history. In the first nine months of 2011, Chevrolet sold 3.6 million vehicles globally, positioning the brand
Oct 21, 2011