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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Kbb.com: New-Car Sales, Leasing Slumps to Impact Used-Car Values for Years to Come
IRVINE, Calif.– Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, predicts that the new-car sales and leasing slumps of recent years will impact used-car values for years to come. Current supply reductio
Aug 12, 2011
BMW Group Financial Services Creates “The Ultimate Drive” Mobile App – Provides Social and Mobile Experience for Customers and Gamers Alike
WOODCLIFF LAKE, N.J. — The age of “gamification” has come, and BMW Group Financial Service is bringing this social nuance to its customer base of nearly 1 million individuals. Beginning with the development of a new and unique mobile and social
Aug 12, 2011
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Body ShopDealer/GM NewsDigital DealerFinance & Insurance NewsFixed Operations NewsGeneralService
Webinar: The Garage® – A Strategy For Surviving The Coming Crash In Customer Repair Order Count
Join Ed Kovalchick, CEO Net Profit Inc., for a webinar on Thursday, August 25 at 11:30 a.m. EST on: The Garage® – A Strategy For Surviving The Coming Crash In Customer Repair Order Count. Click here to watch Ed’s video explainin
Aug 12, 2011
GM Financial Reports Earnings of $96 Million
FORT WORTH, TEXAS – GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”), announced net income of $96 million for the quarter ended June 30, 2011, and $173 million for the six months ended June 30, 2011. Below are high
Aug 12, 2011
Group 1 Automotive Announces $25 Million Share Repurchase Authorization
HOUSTON, TX — Group 1 Automotive, Inc., a Fortune 500 automotive retailer, announced that its board of directors authorized a program to repurchase up to $25.0 million of the company’s common stock. Purchases may be made from time
Aug 12, 2011
Hertz Extends Exchange Offer to Acquire Dollar Thrifty
PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (NYSE: HTZ) (“Hertz”) announced that it has extended the expiration date of its exchange offer for all outstanding shares of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) (“Do
Aug 12, 2011
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Dealer/GM NewsFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales & Marketing
Manheim Used Vehicle Value Index Falls 1.3%
Manheim Consulting’s monthly auto industry brief reported July 2011 wholesale used vehicle prices decreased when compared with June 2011’s numbers. The Manheim Used Vehicle Value Index is still up 5.9% (125.9) over July 2010 when it was 118.9
Aug 12, 2011
U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Sales Up 2 Percent Through July
Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 180,303 sales of Certified Pre-Owned vehicles through the month of July 2011, a two percent increase compared to sales through July of last year. For the month of July 2011, combined sal
Aug 12, 2011
Lithia Motors Renews Agreement With The Warranty Group
CHICAGO – The Warranty Group, Inc., today announced that Lithia Motors has extended its agreement with the company to provide service contracts to its entire dealership network. Lithia is one of America’s largest automotive retailers, featuring 2
Aug 11, 2011