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Ally Financial Announces Renewal of $15 Billion in Credit Facilities

DETROIT — Ally Financial Inc. today announced that it has completed the renewal of $15 billion in credit facilities at both the parent company and at its banking subsidiary, Ally Bank, with a syndicate of 19 lenders. The secured facilities can
Mar 23, 2012

Auto Sales Continue to Rise; Car Insurance Rates Don’t Have to Follow

ERIE, Pa. — There’s some good news on the auto front: Drivers who chose to squeeze a few more years out of their vehicles during the tough economy are starting to upgrade. According to Autodata, February 2012 auto sales were at their high
Mar 23, 2012

Auto Loans Default Rates Declined in February 2012

NEW YORK — Data through February 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 all loan types saw a de
Mar 23, 2012

TrueCar Executives Share Insights on How to Successfully Sell to Millennials

Stewart Easterby,  EVP, Dealer Development at TrueCar, Inc., and Michael Timmons, EVP, TrueCar, Inc., are sharing their expertise with automotive dealers and managers on how to successfully sell to Millennials. With 80 million expected to join the w
Mar 23, 2012

President and CEO of Business Rater Reveals A Five-Step Process to Positive Online Reputation Management

Dan Weik, president and CEO of Business Rater, is sharing his expertise with automotive dealers and managers on a five-step process to positive online reputation management. If everyone is on the web, do you believe that your dealership might be losi
Mar 23, 2012

Toyota Financial Services Unveils New Excess Wear & Use Protection Plan

Torrance, Calif. – When it comes to vehicle leasing, consumers may have questions about their financial responsibility for items such as  dings, dents, scratches, and missing parts or equipment at the time of vehicle return. To provide added assur
Mar 22, 2012

Survey: Social Media and Mobile Help Car Owners Save Time and Money

CARSON, Calif. — The growing population of DIYers seeking answers to their auto repair problems is increasingly turning to social media: AutoMD.com today reported that nearly 80,000 consumer repair questions have been answered by individuals at
Mar 22, 2012

SunTrust Partners with TrueCar to Provide Online Auto Buying Service

ATLANTA and SANTA MONICA, Calif. — SunTrust Bank and TrueCar, Inc. have partnered to provide online access to a trusted auto buying service powered by TrueCar.   The SunTrust Auto Buying Service, located at www.suntrust.com/autobuyingservice,
Mar 21, 2012

Operational Effectiveness plus Social Effectiveness equals Explosive Growth

The arrival of a lead is the moment of truth. The speed and quality of your initial response and the effectiveness of your follow-up will determine whether the sale goes to you, or to the dealership down the road. Creating an end-to-end sales process
Mar 21, 2012