Successful leaders realize that they have a unique obligation to establish a challenging course for their business, to create a new and compelling direction, embrace challenges and establish “BHAGs” that reach for new levels of organization and m

    SANTA MONICA, Calif. — TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,303 in April 2012, up $1,219 (4.2 percent)

INDIANAPOLIS – J.D. Byrider, the nation’s leading used car sales and finance enterprise, closed its first asset-backed securitization today. “Entering the securitization market has been our focus for almost a year, and this deal allows us t

Many dealers have come to understand that if they price a used vehicle too high, today’s market-conscious used vehicle shoppers won’t give the car a second look. This understanding has pushed some dealers in a positive direction. They are more ma

DEARBORN, Mich.– Ford Motor Credit Company reported net income of $295 million in the first quarter of 2012, compared with $451 million a year earlier.  On a pre-tax basis, Ford Credit earned $452 million in the first quarter, compared with

LIBERTYVILLE, Ill. — VW Credit, Inc. (VCI), a subsidiary of Volkswagen Group of America Inc., recently broke ground for a 30,000-square-foot expansion of its Libertyville facility. The multimillion-dollar expansion, to be completed early next

NEW YORK — Ally Financial Inc. (Ally) recently reported net income of $310 million for the first quarter of 2012, compared to a net loss of $206 million in the prior quarter and net income of $146 million for the first quarter of 2011.  The

DULUTH, Ga.   — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has reported income from continuing operations for the first quarter 2012 of $18.0 million, or $0.57 per dilute

HOUSTON — Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, has reported record first-quarter 2012 net income of $23.1 million, a 49.1 percent increase, and record first-quarter diluted earnings per common share of $0.9