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Ford Credit Earns $350 Million Net Income in Third Quarter of 2011
DEARBORN, Mich. — Ford Motor Credit Company reported net income of $350 million in the third quarter of 2011, a decrease of $147 million from a year earlier. On a pre-tax basis, Ford Credit earned $581 million in the third quarter and $
Oct 27, 2011
Satisfaction with Auto Claims is Considerably Lower Among Total Loss Claimants
WESTLAKE VILLAGE, Calif. — Auto insurance claimants who incur a total vehicle loss are notably less satisfied with the claims experience than are claimants who incur a repairable vehicle claim, according to the J.D. Power and Associates 2011 U.
Oct 27, 2011
Consumers Can Now Reduce and Manage Credit Card Debt, Mortgage, Student and Auto Loans with ReadyForZero
SAN FRANCISCO — ReadyForZero, the leading online platform for managing and reducing personal debt, expands its successful software program beyond credit card debt to include mortgage, student loans and auto loans. The expanded ReadyForZero plat
Oct 27, 2011
Capital One Auto Finance Originations Up 17%
MCLEAN, Va. — Capital One Financial Corporation (NYSE: COF) today announced net income for the third quarter of 2011 of $813 million, or $1.77 per diluted common share, compared with net income of $911 million, or $1.97per diluted common
Oct 27, 2011
Lithia Motors Reports Third Quarter 2011 New Vehicle Same Store Sales Increased 28%
MEDFORD, OR — Lithia Motors, Inc. reported 2011 third quarter income from continuing operations of $16.3 million, or $0.61 per diluted share. This compares to a 2010 third quarter income from continuing operations of $9.6 million, or $0.36 per
Oct 27, 2011
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Study Finds Notable Increase in Use of Smartphones for Automotive Shopping on the Internet
WESTLAKE VILLAGE, Calif. — The proportion of vehicle shoppers who use smartphones to access automotive information on the Internet has increased by more than 40 percent from 2010, according to the J.D. Power and Associates 2011 Automotive Mobil
Oct 27, 2011
Ford’s New MyKey Do Not Disturb Technology Helps Teens Stay Connected to Driving, Not the Phone
DEARBORN, Mich. — Ford will become the first automaker to allow parents to block their teens from receiving phone calls and deter text messages while driving with a new MyKey® Do Not Disturb technology that launches on the Ford Explorer in
Oct 27, 2011
Online Auto Insurance: Allstate Acquisition Signals Shift in Sales Approach
LOS ANGELES — Allstate Insurance’s recent announcement that it has wrapped up its acquisition of Esurance and Answer Financial highlights ongoing changes in the way consumers are shopping for auto coverage—and the opportunities those ch
Oct 27, 2011
Mobile Banking App Usage in the U.S. Increases 45%
RESTON, VA – comScore, Inc., a leader in measuring the digital world, released an analysis of mobile financial services usage in the U.S. showing that 32.5 million Americans accessed mobile banking information on their devices at the end of Q2
Oct 27, 2011