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August used truck prices higher than expected

According to the latest edition of Guidelines, NADA Used Car Guide’s monthly market update, August used truck prices higher than expected. Click here to access the full report. Highlights from this month’s edition include: September new v
Oct 13, 2011

Huntington Expands Auto Dealer Financing Business Into Wisconsin And Minnesota

COLUMBUS, Ohio  — Huntington has announced that it is expanding its successful auto dealer financing business into Wisconsin and Minnesota. “We have top market share in many of the states we serve, and auto dealers in Wisconsin and Minnesota wan
Oct 13, 2011

Credit Acceptance Announces Completion of $200.5 Million Asset-Backed Financing

Southfield, Michigan — Credit Acceptance Corporation (the “Company”, “we”, “our”, or “us”) announced the completion of a $200.5 million asset-backed non-recourse secured financing (the “Fin
Oct 13, 2011

2,500 Lenders Choose VINtek’s Automotive Collateral Management Technology

PHILADELPHIA — VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders, announced that it has signed its 2,500th customer for its VINtekTIME® c
Oct 13, 2011

Dollar Thrifty Announces Completion of Solicitation Process

TULSA, Okla. — Dollar Thrifty Automotive Group, Inc. announced that it has formally concluded its process to solicit definitive proposals regarding a potential business combination.  On August 21, 2011, Dollar Thrifty issued a letter advising
Oct 13, 2011

American Auto Auction Group Adds Florida and Alabama Auction Operations; Announces New President

CHARLESTON, South Carolina – American Auto Auction Group, LLC (AAAG) has announced the addition of eight auto auction locations to its portfolio of auction businesses with the acquisition of Your Auction, Inc. the largest independent auto auction o
Oct 13, 2011
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Group 1 Automotive Announces Acquisition and Opening of New Dealerships

HOUSTON — Group 1 Automotive, Inc., a Fortune 500 automotive retailer, announced the acquisition of David Taylor Cadillac Buick GMC in Houston and the opening of two new Volkswagen dealerships in the San Diego andBeaumont, Texas, market ar
Oct 13, 2011
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AAPC Statement on Passage of Three Free Trade Agreements

WASHINGTON –The American Automotive Policy Council (AAPC) – representing its member companies Chrysler Group LLC, Ford Motor Company and General Motors Company – applauds Congress for passing free trade agreements with Colombia, Panama and Sout
Oct 13, 2011
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New Study Reveals Growing Influence of Social Media on Automotive Purchase Decisions

Burlington, VT – Dealer.com, the global leader in automotive internet marketing solutions, in partnership with DriverSide and GfK Automotive, announced the results of a study that shows that information on social media networks – such as status u
Oct 13, 2011