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Facebook Announces Pricing of Initial Public Offering
MENLO PARK, Calif. — Facebook (NASDAQ: FB) today announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share. The shares are expected to begin trading on the NASDAQ G
May 17, 2012
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Auto Loans Default Rate Hit Lowest Level in 8 Year History
NEW YORK — Data through April 2012, released today by S&P Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults showed that, with the exception of bank
May 17, 2012
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Hyundai Launches All-New Blue Link Mobile Application
COSTA MESA — Hyundai Motor America this week introduced an all-new mobile application for the Hyundai-developed Blue Link® telematics platform. The mobile app allows subscribers to remotely access various Blue Link® features and services through
May 17, 2012
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Edmunds.com Integrates Vehicle Data with New Online Dealer Pricing Tool
SANTA MONICA, Calif. — Hundreds of car dealerships will now have an easier way to research, market and accurately price their vehicles, thanks to a new data-sharing agreement between inventory marketing and management leader Nexteppe and Edmunds.c
May 17, 2012
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Manheim Moves Two Leaders into New Roles as Part of Continuing Focus on Serving Customers
ATLANTA – As part of the company’s continuing focus on serving customers, regardless of which Manheim channels they use, Manheim has moved two leaders into new roles. Rick Pomeroy, vice president of national client sales support, and Erik Kibler
May 17, 2012
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AutoTrader.com Mobile App Downloads Surpass One Million
ATLANTA — AutoTrader.com, the ultimate automotive marketplace, surpassed a major milestone with its mobile apps for iPhone and Android devices: one million downloads. Available for less than one year, combined original downloads of these apps
May 16, 2012
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Edmunds.com Launches “Debt-Free Car Project” by Adding $3,800 Used Lexus to Long-Term Test Fleet
SANTA MONICA, Calif. — Edmunds.com, the premier online resource for automotive information, has launched “The Debt-Free Car Project,” which aims to assure car buyers that they can find a reliable used car for under $5,000 without the bu
May 16, 2012
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Ally Financial Announces Key Strategic Actions to Strengthen Company and Accelerate Ability to Repay U.S. Treasury
DETROIT — Ally Financial Inc. (Ally) today announced key strategic actions aimed at strengthening the company’s longer term financial profile and accelerating repayment of the U.S. Treasury’s investment. The actions include the de
May 16, 2012
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Kbb.com: Great Deals Await Consumers On New Vehicles Headed For 2013 Redesign
Ten Value Buys for Bargain New-Car Shoppers for May 2012 IRVINE, Calif. — According to Kelley Blue Book www.kbb.com, the leading provider of new car and used carinformation, auto sales are rebounding in the United States due to the plethora of
May 16, 2012