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AutoNation in Discussions to Enter Into New $1.5 Billion Credit Agreement

  FORT LAUDERDALE, Fla. — AutoNation, Inc., America’s largest automotive retailer, announced recently that it is in discussions with its existing lenders as well as new lenders with respect to a proposed new five year credit agreemen
Nov 24, 2011

Equifax: Auto Lending Has Consistently Performed Strongly in 2011

ATLANTA — While total consumer debt has nearly returned to pre-recession levels*, the amount of total new credit issued still lags behind pre-recession levels by a full 45%**, according to the most recent Equifax National Credit Trends Report
Nov 24, 2011

America’s Car-Mart Reports Net Income of $7.8 Million

BENTONVILLE, Ark. — America’s Car-Mart, Inc. announced its operating results for its second fiscal quarter ended October 31, 2011. The Company repurchased 515,642 shares of its common stock during the quarter representing 5.1% of the outs
Nov 24, 2011

TransUnion: National Auto Loan Delinquencies Decrease on a Year-Over-Year Basis for Eighth Consecutive Quarter

CHICAGO, IL – The national auto delinquency rate (the rate of borrowers 60 or more days past due) decreased on a year-over-year basis for the eighth consecutive quarter, dropping from 0.58% in Q3 2010 to 0.47% Q3 2011. However, auto delinquenci
Nov 24, 2011

Wolters Kluwer Financial Services Teams with Integrated Dealer Systems

Minneapolis, MN – Wolters Kluwer Financial Services announced that Integrated Dealer Systems, a division of Constellation Software Inc. (TSC: CSU) and leading provider of dealer management software (DMS) for the recreational vehicle (RV) and
Nov 23, 2011

KBB.com Announces 2012 Best Resale Value Awards Sweepstakes on Kelley Blue Book Page on Facebook, All-New Badge Program

IRVINE, Calif. — In honor of the 2012 Best Resale Value Awards, Kelley Blue Book is running a sweepstakes to help consumers get in on the winning spirit.  With three $200 gas cards up for grabs, fans can enter (once per person, per day) on the
Nov 23, 2011

What Happened to Test Drives?

Do new car shoppers test drive cars anymore before they buy them? A recent story from The Detroit News said LeaseTrader.com has seen an increasing trend among car buyers who are closing deals online for vehicles without even test driving them first.
Nov 23, 2011

Building Trust Online is an Entire Dealership Effort

The J.D. Power Automotive Internet Roundtable held October 12, 2011 in Las Vegas hosted a panel discussion on the topic of “How Dealers Can Build Trust Online to Increase Online Sales.” Judging by the attendance, this topic is worthy of further
Nov 23, 2011

TrueCar.com Provides Best New Car Deals During Black Friday Weekend

SANTA MONICA, Calif. — Forget the mall or department store, and the long lines that await shoppers on Black Friday and the upcoming weekend. TrueCar.com suggests car buyers take advantage of some amazing deals available on 2011 and 2012 models
Nov 23, 2011