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PwC US: “Hunt for Growth” to Drive 2012 U.S. Mergers & Acquisitions
NEW YORK — Volatile equity markets slowed mounting U.S. deal activity in the third and fourth quarters, following growing deal momentum in the first two quarters of 2011. In light of concerns over European debt and a pullback in financing, U.
Dec 12, 2011
GM Aftersales Organization Recognizes Wells for Outstanding On-Time Shipping Performance
Fond du Lac, WI — Wells Vehicle Electronics has received the Gold Award for Outstanding On-Time Shipping Performance from General Motors Customer Care and Aftersales, the automaker’s automotive parts and service operation. The Gold Award rec
Dec 11, 2011
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Manheim Used Vehicle Index Up In November
Manheim Consulting’s monthly auto industry brief reported November 2011 wholesale used vehicle prices increased for the first time this year after a five month decline. The index rose 0.8% to 123.8 compared to 122.8 in October 2011. When comp
Dec 9, 2011
LEAP Financial’s Revenues and Customer Base Expand Significantly in 2011; Management Team Ready for Continued Growth in 2012
San Diego –LEAP Financial, a vehicle leasing company that serves consumers who have difficulty obtaining credit, shared milestones on the company’s rapid growth during 2011. Overall the company experienced over 600% growth in total revenues yea
Dec 9, 2011
November Consumer Bankruptcy Filings Drop 12% from Last Year
Alexandria, Va.— U.S. consumer bankruptcy filings totaled 100,980 nationwide during November, a 12 percent decrease from the 114,587 total consumer filings recorded in November 2010, according to the American Bankruptcy Institute (ABI), relying on
Dec 9, 2011
AutoNation Enters Into New $1.7 Billion Credit Agreement
FORT LAUDERDALE, Fla. — AutoNation, Inc. announced that it entered into a new unsecured credit agreement with a $500 million term loan facility and a $1.2 billion revolving credit facility. The new credit agreement contains an accordion feature
Dec 9, 2011
AAPC Applauds Plan for Enhanced Manufacturing Trade Between the United States and Canada
Washington D.C. – The American Automotive Policy Council (AAPC) joined with other leaders of the North American manufacturing industry to applaud the announcement by President Barack Obama and Prime Minister Stephen Harper that the United States
Dec 8, 2011
Huntington Bank to Sponsor 2012 Indy Auto Show
COLUMBUS, Ohio — Huntington Bank has announced that it is a Platinum Sponsor of the 2012 Indy Auto Show being held December 26, 2011 through January 1, 2012 at the Indiana Convention Center. “Huntington is proud to support the Indy Auto Show,
Dec 8, 2011
PayNearMe Introduces PayNearMe Auto to Help BHPH Dealers Improve Cash Collection Rates
MOUNTAIN VIEW, Calif. — PayNearMe, the cash transaction network, today announced the release of PayNearMe Auto, a simple Web-based application that allows Buy Here Pay Here (BHPH) auto dealers to accept cash payments in an entirely new way. With Pa
Dec 8, 2011