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Errors in Deal Documents Can Have Bad Consequences

Recently our firm has handled several cases where a dealership’s chances of success in a lawsuit were greatly weakened by errors or omissions in the dealership’s sales documents. In one case, there were several documents that required the signatu
May 11, 2012

GM Financial Reports March Quarter Operating Results

FORT WORTH, TEXAS — GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $112 million for the quarter ended March 31, 2012, compared to $77 million for the quarter ended March 31, 2011. Earnin
May 10, 2012

April Bankruptcy Filings Fall 16% from 2011

Alexandria, Va.— Total bankruptcy filings in the United States for April 2012 decreased 16 percent compared to the previous year, according to data provided by Epiq Systems, Inc. April bankruptcy filings totaled 108,865, down from the 129,815 filin
May 10, 2012

Equifax: Credit Write-offs Lower By 50% from 2009, and New Credit is at HighestPoint Since 2008

ATLANTA – The credit landscape continues its consistent recovery heading into the second quarter of 2012, with the exception of home finance, according to the U.S. consumer data from Equifax’s March National Consumer Credit Trend
May 10, 2012

Blue Book Market Report: New-Car Sales Maintain Momentum

According to the Blue Book Market Report for May 2012, new-car sales maintain momentum, post solid 14.4 million SAAR Pace. Click here to read the full results: Blue Book Market Report – May 2012.  THIS MONTH’S REPORT INCLUDES: NEW-CAR MARKET ANA
May 10, 2012

Are you Reacting to Customers?

hen it comes to our customers, we need to have more reacting and less responding. I realize this is backward of the teaching of life coaches, but customers are looking for a reaction and are getting frustrated by responses. Let’s start with auto re
May 9, 2012

Finance Express LLC has added Prestige Financial to its Lender Portal

Rancho Santa Margarita, CA — Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that it has entered into an agreement with Prestige Financial, one of America
May 9, 2012

Mercedes-Benz Financial Services USA LLC Announces Executive Management Changes

FARMINGTON HILLS, Mich. — Mercedes-Benz Financial Services USA LLC today announced executive management changes at the company effective June 1, 2012. Matthew E. Roy, formerly Vice President, General Counsel and Corporate Secretary, becomes th
May 8, 2012

Dataium: Online Auto Shopping Grows in April

According to Dataium, April online auto shopping continues this year’s positive trend with the number of auto shoppers and searches exhibiting month over month inceases of 21% and 26% respectively. Additionally, the number of leads s
May 8, 2012