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Ford Credit Earns $1.8 Billion Net Income in 2011
DEARBORN, Mich. – Ford Motor Credit Company reported net income of $1.8 billion in 2011, compared with $2 billion a year earlier. On a pre-tax basis, Ford Credit earned $2.4 billion in 2011, compared with $3.1 billion in the previous year. T
Jan 27, 2012
Local Auto Auction
You need to support your local sales, whether they are called “pig sales, sled sales” or any other names that are used by the small local guys who are not associated with a large syndicated auction group. Your support for local auctions needs to
Jan 27, 2012
Auction Genius Turbo Charge Auction Buying for Dealers
Auction Genius has just announced a unique web-based software solution for auto dealers buying vehicles at auction. The system provides a quick and simple way to access critical information allowing dealers to make faster and better “buy decisi
Jan 27, 2012
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Chrysler Group Dealers to Provide 3-Month SiriusXM Subscription on Pre-Owned Vehicles
NEW YORK — Sirius XM Radio announced that customers will receive a 3-month subscription to SiriusXM when they purchase a pre-owned vehicle with factory-installed satellite radio, regardless of manufacturer, from participating Chrysler, Dodge
Jan 27, 2012
Enginetext, Inc. Creates Automated QR-Code and Text-Message Enabled Window Signs for Used-Car Dealers
Ann Arbor, MI – Enginetext, Inc. announced the rollout of automated QR-code and text-message enabled features-mileage-price window signs for used cars. The signs are designed for used car dealerships and are easier to create and use than the
Jan 26, 2012
AutoNation Reports All-Time Record Quarter and All-Time Record Full Year Results
FORT LAUDERDALE, FL – – AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, reported 2011 fourth quarter adjusted net income from continuing operations of $71 million, or $0.51 per share, compared to net incom
Jan 26, 2012
Manheim Signs Agreement to Purchase Dealer Services Corporation
ATLANTA – To reinforce its commitment to provide inventory financing to independent dealers, Manheim has signed an agreement to purchase Dealer Services Corporation (DSC), a used vehicle floor plan company for independent dealers based in Carmel,
Jan 26, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
General Motors Accessories Distributor Installers Select NCM® Associates for its 20 Group Program
Overland Park, Kan.: NCM® Associates, the leading provider of 20 Group, retail operations consulting, dealership training and education, and Benchmark® analysis services to retail automotive dealers and managers, today announced it has been se
Jan 26, 2012
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Dealer ManagementDealer/GM NewsDigital DealerFinance & Insurance NewsSales & MarketingSales ManagementSales Strategies
Vision is a When, not ‘If’ Mentality and It Shows
Far and away the longest standing and ongoing concern I have encountered in the decades of “Training from the Trenches,” are the way we (our industry), handle (or don’t) the indispensable, yet quickly changing, still dreaded…phones! I am refe
Jan 25, 2012