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LEAP Financial Expands Headquarters in San Diego
San Diego – LEAP Financial, an auto leasing company that helps consumers facing auto repossession either keep their vehicle or get a different one, has expanded its footprint in San Diego. In a deal brokered by Hughes Marino, San Diegos
Aug 25, 2011
Livio Radio, Detroit-Based Manufacturer of Internet Radio Devices for Cars, Joins Buy Young Initiative to Promote Young Entrepreneurs and Stimulate Job Growth
Ferndale, MI – Livio Radio, a Michigan-based manufacturer and developer of devices that connect with any automobile to play Internet radio stations such as Pandora and NPR, is now offering their Carmen Car Audio Player at an exclusive 55% off thro
Aug 25, 2011
Fleet Managers May Find Themselves in Stronger Buying and Selling Positions this Fall, say Edmunds.com Analysts
SANTA MONICA, Calif. — In a presentation to the National Association of Fleet Administrators (NAFA), Edmunds.com Chief Economist Dr. Lacey Plache and Senior Analyst Jessica Caldwell said that automotive market conditions may play out in favor
Aug 25, 2011
American Express and Mercedes-Benz Put Consumers in the Driver’s Seat with the Launch of Two New Co-Brand Cards
NEW YORK and FARMINGTON HILLS, Mich. — American Express, Mercedes-Benz Financial Services USA LLC and Mercedes-Benz USA have teamed up to offer two co-brand Cards designed for Mercedes-Benz drivers and enthusiasts: the Mercedes-Benz Credit Car
Aug 25, 2011
Credit Acceptance Announces Completion of $75.0 Million Revolving Secured Warehouse Facility
Southfield, Michigan — Credit Acceptance Corporation (referred to as the “Company”, “we”, “our”, or “us”) announced today the completion of a $75.0 million revolving secured warehouse facility w
Aug 25, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
AAA Survey: Americans Holding Onto Older Vehicles Longer
ORLANDO, Fla.– A recent AAA survey found that more than half of American drivers are holding onto older vehicles to avoid the financial burden of purchasing a newer one and one quarter of drivers have put off car maintenance or repairs during t
Aug 25, 2011
Edmunds.com: August Auto Sales Forecast: Sales Pace Pushes Against Economic Headwinds
SANTA MONICA, Calif. — An estimated 1,087,000 new cars will be sold in August for a projected Seasonally Adjusted Annualized Rate (SAAR) of 12.3 million, forecasts Edmunds.com, the premier online resource for automotive information. This sales
Aug 25, 2011
Take Time to Blog – You Won’t Regret It
If you haven’t started blogging yet, you are not alone. Many dealers know they “should” be blogging, but don’t know where to start. Others are not sure they can commit to the time it takes or are not convinced of the benefits. All are valid c
Aug 25, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
CarWoo! MarketPlace Data: Nissan Outpacing Industry Discounts By 100%
BURLINGAME, Calif., Aug. 24, 2011 /PRNewswire/ — Online car buyers are seeing Nissan offering discounts that average 11.9% in August, compared with the industry average of 5.5% (all CarWoo! MarketPlace prices includes rebates, incentives and ot
Aug 25, 2011