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Planning for Success in 2013
With less than two months away from the new year, the time is probably right for executive management to ask a few key questions about current results and future direction: How much in sustainable costs savings were actually generated in 2012? What w
Nov 13, 2012
Global Lending Services Introduces Senior Executive Team
ATLANTA, GA — Global Lending Services LLC, an automotive sub-prime lender founded by auto industry veteran Douglas Duncan, proudly announces its executive team members. After a long and expansive search, GLS has assembled a group of key executi
Nov 8, 2012
Are Your Advertisements in Compliance with Federal and State Law?
Earlier this year the Federal Trade Commission (“FTC”) began to crack down on several dealerships in South Dakota, North Carolina, Connecticut and West Virginia who were running advertisements which may have violated the Truth in Lending Act. Add
Nov 6, 2012
Special Report: 2012 Chrysler Group LLC U.S. Sales Archive
Chrysler Group LLC Reports October 2012 U.S. Sales Increased 10 Percent; Best October Sales in Five Years Auburn Hills, Mich. – Chrysler Group LLC reported U.S. sales of 126,185 units, a 10 percent increase compared with sales in October 201
Nov 6, 2012
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Dealer ManagementFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
Five Used Vehicle Challenges to Address in 2013
In the past several months, I’ve spent a great deal of time discussing and researching the current and future challenges confronting dealers. This work has fed my upcoming third book, “Velocity overdrive: The road to reinvention.” It highlights
Nov 6, 2012
Mopar® Expands Remanufactured CV Axle Half Shaft Product Line
Auburn Hills, Mich. — Mopar® announced today the expansion of its remanufactured CV Axle Half Shaft product line in its portfolio of remanufactured parts, the newest addition in a long line of authentic remanufactured products offered by Chrysler
Nov 5, 2012
Ally Financial Reports Preliminary Third Quarter 2012 Financial Results
NEW YORK, Nov. 2, 2012 — Ally Financial Inc. (Ally) today reported net income of $384 million for the third quarter of 2012, compared to a net loss of $898 million in the prior quarter and a net loss of $210 million for the third quarter of
Nov 2, 2012
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Finance & Insurance News
Ford Credit Earns $355 Million Net Income In The Third Quarter Of 2012
DEARBORN, Mich. — Ford Motor Credit Company reported net income of $355 million in the third quarter of 2012, compared with $350 million a year earlier. On a pre-tax basis, Ford Credit earned $393 million in the third quarter, compared with
Nov 1, 2012
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Finance & Insurance News
TD to Donate $500K to American Red Cross to Support Hurricane Sandy Relief Efforts
CHERRY HILL, N.J., and PORTLAND, Maine — TD Bank Group and the TD Charitable Foundation, funded by TD Bank, America’s Most Convenient Bank®, will donate a combined $500,000 to the American Red Cross to support Hurricane Sandy relief eff
Nov 1, 2012