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Consumer Bankruptcy Filings Down 10% Through Nine Months of 2011
Alexandria, Va. — U.S. consumer bankruptcy filings totaled 1,044,722 nationwide during the first nine months of 2011 (Jan. 1-Sept. 30), a 10 percent decrease from the 1,165,172 total consumer filings during the same period a year ago, according to
Oct 13, 2011
1 Millionth Chrysler Group Certified Pre-Owned Vehicle Sold By Illinois Dealer
Auburn Hills, Mich. – A 21-year-old kennel manager from the greater Chicago area is the 1-Millionth customer to purchase a Chrysler Group LLC Certified Pre-Owned Vehicle (CPOV). Jessica Taskay purchased a Certified Pre-Owned 2010 Jeep® Patriot
Oct 13, 2011
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Dealer/GM NewsDigital DealerFixed Operations NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Year-to-Date Sales Increase in September
Through the month of September 2011, Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned dealers report a 2 percent increase of vehicle sales, reaching 231,349 units, compared to September 2010. Combined sales of certified pre-owned vehicles rea
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
Phoenix Systems’ MAXPRO Reverse Brake Bleeder Available for Service Professional
BICKNELL, Utah – Phoenix Systems introduces the heavy duty MAXPRO™ – a reverse brake bleeding system that allows automotive service professionals to efficiently perform one-person brake service, including ABS. The MAXPRO works by removing trapp
Oct 13, 2011