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American Financial & Automotive Services and Assurant Solutions Renew Product Protection and Repair Partnership
ATLANTA and THE WOODLANDS, Texas — Assurant Solutions, a global specialty insurance and risk management company, today announces an extension of its long-term, exclusive relationship with American Financial & Automotive Services, Inc. (Ame
Apr 13, 2012
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The Last Mile: Making your Online Acquisitions More Efficient
There’s a curious irony at work in our industry. That is, dealers know they need to give online shoppers as much information about their used vehicles as possible to capture their confidence and interest in a unit. Yet, when it comes to wholesaling
Apr 13, 2012
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Study: Proposed Fuel Economy Rules Cut 7 Million Car Buyers Out of New-Vehicle Market
WASHINGTON — The National Automobile Dealers Association (NADA) released a study today indicating that higher vehicle prices resulting from proposed fuel economy rules will cut millions of potential new-car buyers out of the market in 2025.
Apr 13, 2012
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NADA: Used Car Prices in 2012 Set to Peak in April
McLEAN, Va. — Trade-in values on used cars are expected to peak over the next few weeks, said Jonathan Banks, executive automotive analyst with the National Automobile Dealers Association (NADA) Used Car Guide. “While prices for all used-
Apr 13, 2012
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Rusty Wallace Auto Group Selects re:member group to Implement Customer Loyalty Program
MINNEAPOLIS — To better serve customers in their service department, Morristown, Tennessee-based Rusty Wallace Auto Group turned to re:member group to create a customized points program for their GMC/Buick/Cadillac/KIA stores, geared to rewa
Apr 13, 2012
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BMW Financial Services Offers $300 Mobile Vochure Through Ultimate Drive Smartphone App
Woodcliff Lake, NJ — The Ultimate Drive App for the iPhone and Android devices (www.ultimatedriveapp.com or www.facebook.com/BMWUSA?sk=app_199134910131531 ) can now lead BMW Financial Services customers to not only some great roads across the U.S.,
Apr 13, 2012
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U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Sales Up 13 Percent in March
Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 29,604 sales of certified pre-owned vehicles for March 2012, the strongest sales month since March 2011—last year’s best month. These sales represent a 13 percent increase compared t
Apr 13, 2012
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Rising Used-Car Values Aid New-Vehicle Sales
According to the Blue Book Market Report for April 2012, rising used-car values aid in new-vehicle sales. Click here to read the full results: Blue Book Market Report – APRIL 2012. THIS MONTH’S REPORT INCLUDES: MARKET ANALYSIS Kelley Blue Bo
Apr 13, 2012
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GM Financial Announces $1.1 Billion Senior Subordinate Asset-Backed Securitization
FORT WORTH, Texas — GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”), announced the pricing of a $1.1 billion offering of automobile receivables-backed securities through lead managers Credit Suisse, RBS and Well
Apr 13, 2012