Posts
BMW of North America adds Experian Automotive’s AutoCheck® vehicle history reports to its BMW Certified Pre-Owned and MINI NEXT programs
Addition of AutoCheck gives BMW and MINI dealers the ability to choose the vehicle history report that best meets their needs SCHAUMBURG, Ill. — Experian Automotive today announced that BMW of North America has named it as a provider of vehicl
Oct 11, 2012
Have Blue Sky Multiples Peaked?
The buy/sell market has picked up considerably from the low it hit in 2009. That said, we at Presidio are surprised at the current level of transaction activity. In stark contrast to the big uptick we saw in 2011, buy/sell activity declined considera
Oct 9, 2012
New Brands, New Innovations At Auto Aftermarket Leader Cequent Consumer Products AAPEX Exhibit
SOLON, OH– Cequent Consumer Products, the leading automotive aftermarket products designer, manufacturer and marketer, announces a flurry of innovative new products and brands for 2013. Cequent Consumer Products will exhibit these NEW to retail
Oct 8, 2012
Zonar Introduces the 2020 Tablet as Next Frontier of Mobile Transportation Technology
Seattle, WA—Zonar, the leading provider of electronic fleet inspection systems, today revealed the 2020 telematics tablet as the newest product to revolutionize the transportation industry. This innovative tablet is the first portable device to pro
Oct 8, 2012
So Many Cars, So Few Dealerships: It’s the Perfect Storm!
Over 4,500 dealerships closed their doors in the past 10 years. That means there are 4,500 fewer service departments, 9,000 fewer service advisors, 30,000 fewer technicians and 40,000 fewer service bays. (Time out: I know this sounds depressing at fi
Oct 8, 2012
Pentagon Federal Credit Union Moves Investment Program to CUSO Financial Services
ALEXANDRIA, Va. — CUSO Financial Services, L.P. (CFS), a full-service broker dealer and SEC Registered Investment Adviser that provides customized investment and insurance solutions to credit unions, announced today that PenFed (Pentagon Fede
Oct 5, 2012
RouteOne Endorsed As Credit Application Management System Of Choice By NIADA
FARMINGTON HILLS, Mich. — RouteOne LLC announced today that it has been endorsed as the credit application management system of choice by the National Independent Automotive Dealer Association (NIADA). As an endorsed NIADA National Member Be
Oct 5, 2012
The Year of Enforcement Continues: The CFPB’s First Enforcement Action and its Implication for Auto Dealers
The Consumer Financial Protection Bureau (“CFPB”) entered into its first enforcement action consent decree with Capital One Bank ordering Capital One to pay in excess of $210 million which includes settlement of an Office of Comptroller of the Cu
Oct 4, 2012
Gold in Old (and I Don’t Mean Old Cars)
Let’s look at a few facts about senior citizens. Most of them are retired, stable, honest, smart, available to work and bored. A lot of senior citizens in your community want to work because their good work ethic remains ingrained as part of their
Oct 4, 2012