Posts
Incentive Spending Down 9% in January
According to the NADA Official Used Car Guide Update for February 2012, overall incentive spending for the month decreased by -9% on a month-over-month basis to reach an industry average of $2,435 per unit. Highlights from February 2012 NADA Guidelin
Feb 22, 2012
DealerTrack Holdings, Inc. Reports Results for Fourth Quarter and 2011, and Issues Guidance for 2012
Lake Success, N.Y. – DealerTrack Holdings, Inc. reported financial results for the fourth quarter and year ended December 31, 2011. GAAP Results for the Fourth Quarter 2011 Revenue for the quarter was $91.3 million, as compared to $62.0 million for
Feb 22, 2012
Equifax: Americans Owe Less on Their Credit Cards
ATLANTA — Equifax recently reported that nearly 60 of the top 100 metropolitan statistical areas (MSAs) hardest hit by credit card debt realized double-digit declines in the percentage of income owed to credit card companies—nearly 24 percen
Feb 22, 2012
Nissan North America Appoints New Marketing Director
Nissan North America announced that Vinay Shahani has been named director, marketing communications and media, Nissan North America, effective April 1. He will report to Jon Brancheau, vice president, Nissan marketing. In his new role, Shahani will l
Feb 22, 2012
Mazda Launches ‘Seuss-ified’ Advertising Campaign
IRVINE, Calif. — Mazda North American Operations (MNAO) announced its strategic partnership in support of the launch of Universal Pictures and Illumination Entertainment’s Dr. Seuss’ The Lorax, in theatres March 2. From the creat
Feb 22, 2012
Manheim’s Lilicia Bailey Names to Savoy Magazine’s 2012 Top 100 Most Influential Blacks in Corporate America
ATLANTA – Manheim Senior Vice President and Chief People Officer Lilicia Bailey has been selected as one of Savoy Magazine’s “2012 Top 100 Most Influential Blacks in Corporate America.” Bailey and the other honorees, which include prominent
Feb 21, 2012
PartsChannel, Inc. Receives NSF International Certification for Auto Parts Distribution
LOS ANGELES — PartsChannel, Inc. announced the company has received certification under NSF International’s Automotive Collision Parts Distribution Program. The certification recognizes the company’s effective record and inventor
Feb 20, 2012
Auto Industry Outperforms Other Industries in Providing Customer Service
St. Louis – Contrary to the negative perceptions often associated with automotive dealerships, a recent Maritz Research CEBenchmarks™ study revealed the auto industry outperforms several other industries, including retail and wireless service
Feb 20, 2012
96% of Auto Repair Shops Recycle Scrap Metal
BETHESDA, Md. — Auto repair shops are playing a key role in protecting the environment with 96 percent reporting they recycle the scrap metal from automotive components, according to a study done by the Automotive Aftermarket Industry Assoc
Feb 20, 2012