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Remarketer Merger: American Recovery Assn., National Finance Adjusters Pair Up to Assist Lenders
In a report from Automotive News, coverage of the American Recovery Association and National Finance Adjusters’ company merger declares a more open future for lenders, predicted to speed flow of information and access between clients and agent
Feb 27, 2013
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Colors On Parade Expands Services:
New York Franchisee Manages Reconditioning Work for Dealerships (Hartsdale, N.Y.)—Mark Mega and David Lee have owned Colors on Parade of the Tri-State area since 1996. After working with the same automotive dealerships for 15 years, they have added
Feb 26, 2013
Ally Bank Wins Two 2013 Stevie® Awards for Sales & Customer Service(SM)
Ally honored at the seventh annual competition with Award for Innovation in Customer Service – Banking, Financial Services & Insurance, and the e-Commerce Customer Service Award. MIDVALE, Utah — Ally Bank has won two awards in the 201
Feb 26, 2013
American car market on the upswing: car production to meet expected customer demand in 2013
Reports from the NY Times reflect on the recession and expected rise in consumer demand. New manufacturers and investments are reported as Ford, Chrysler, and GM resurge, hiring again with plans to continue their expansion. Reflections from Josep
Feb 26, 2013
New Cadillac XTS helps re-develop GM’s strategy in China
According to Gasgoo.com, Shanghai General Motors released the new Cadillac XTS this week. American cars entering the international playing field represent competition for the 89% German-owned market: Shanghai GM plans to sell 100,000 Cadillacs in C
Feb 26, 2013
Thasunda Brown Duckett Named CEO of Chase Auto Finance
New York, NY – Chase announced today that Thasunda Brown Duckett has been named CEO of Auto Finance, part of Chase’s Consumer & Community Banking division. Ms. Duckett previously served as national retail sales executive for Chase’s Mortga
Feb 25, 2013
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Finance & Insurance News
GrooveCar Direct Launched
HAUPPAUGE, NY– GrooveCar Direct was launched here today expressly to enable the nation’s credit unions to develop a new revenue generating stream in addition to helping them secure more auto loans. The program is a made-to-order fit for CU’s to
Feb 25, 2013
After Strong 2012, This Year Likely ‘Even Bigger’ for Sonic’s Used Operations
In what was a strong year for the retailer’s pre-owned department, Sonic Automotive increased its used-vehicle retail sales by more than 6 percent for both full-year 2012 and the final quarter of the year. Specifically, Sonic moved 23,943 used
Feb 22, 2013
Lithia Focused on Reaching 75 Monthly Used Retail Sales Per Store
As the company closed the year with the highest fourth quarter adjusted net income in company history, Lithia Motors watched its used-vehicle division continue to work toward the goal of turning 75 units per store monthly. On Wednesday, Lithia re
Feb 22, 2013