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BHPH Purchaser ALPS Reports Strong Q3 Results
LOS ANGELES, California – Advanced Lending & Portfolio Services (ALPS) announces strong quarterly results with a total portfolio size of $11.5 Million at the end of Q3. This represents a 2000% growth year over year. “We closed a $3.4 million
Nov 10, 2011
VINtek Selected to Manage Electronic Lien and Title for Navy Army Federal Credit Union
PHILADELPHIA — VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders, announced that it now manages automotive collateral and ELT for Navy Army
Nov 10, 2011
TrueCar.com: Average Fuel Economy for New Cars Sold In October Rises For Fourth Consecutive Month
SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today provided actual fuel economy numbers from October light vehicle auto sales that indicate TrueMPG™ will increase to 22.2 mpg in October 2011�
Nov 10, 2011
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Dealer/GM NewsF&I ManagementFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
In-warranty Vehicles Drop; Retailers Must Woo Out-of-Warranty Customers to Cushion the Blow
It’s no secret in the auto industry that profits on new vehicle sales have been nonexistent the past several years. In fact, according to the National Automobile Dealers Association, automotive retailers have lost money on new vehicle sales for fiv
Nov 10, 2011
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Dealer/GM NewsFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
The Value of Selling with a Story
The two biggest obstacles used car sales persons face now – and have for decades – are credibility and product knowledge. Outside of politicians there is probably no other profession with less credibility than the used car sales person. N
Nov 10, 2011
U.S. Bank Makes Online Car Shopping and Financing Easier with New Auto Buying Service at usbank.com
MINNEAPOLIS — U.S. Bank has made shopping for a new or used car and financing that vehicle easier with the launch of the U.S. Bank Auto Buying Service at www.usbank.com/autobuying. Powered by TrueCar, publisher of real-time, new and used vehicl
Nov 10, 2011
OTC® Releases Powerful Automotive Tech-Scope™
Owatonna, Minn. – The OTC Tech-Scope (P/N 3857) is a standalone two-channel high-speed lab and ignition oscilloscope with multimeter that allows service technicians to quickly and efficiently test and measure virtually all of the electrical an
Nov 10, 2011
Payless® Car Sales Introduces Payless AssuranceSM Certified Pre-Owned Program
St Petersburg, FL — Payless® Car Sales, Inc., America’s Used Car Company®, announced a program agreement has been signed with JM&A Group to administer its Payless AssuranceSM Certified Pre-Owned Program. The agreement also provides for
Nov 10, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
IBM Smarter Commerce Helps AutoTrader Accelerate Its Online Auto Marketplace
ARMONK, N.Y. and ATLANTA –– IBM announced that AutoTrader.com, a leading online automotive marketplace, is using IBM technology for Smarter Commerce as part of its Electronic Sales Order system to simplify and accelerate the ordering ex
Nov 10, 2011