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Finance & Insurance News
Ford Credit Chairman and CEO Mike Bannister to Retire; Bernard Silverstone Named as Successor, effective Jan. 1
DEARBORN, Mich. – Ford Motor Company today announced that Mike Bannister, executive vice president and chairman and CEO of Ford Motor Credit Company, has elected to retire effective Jan. 1, 2013, after 39 years of service. Mike Bannister announce
Oct 25, 2012
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Finance & Insurance News
Auto Lender Announces New System to Accept Bad Credit Auto Loans
Seattle WA — Buying a new car can be stressful. Buying a new car knowing one’s past credit history is less than good. Being turned down by a loan office can be so exhausting and disheartening that most people looking for a bad credit auto
Oct 23, 2012
The Hidden Costs of your Supplier Base
There are many costs to running a successful dealership. To name a few: rent, labor, benefits, DMS systems, services and supplies to keep the operation running and finally…your suppliers. Yes, while suppliers play a key role in your success as a bu
Oct 23, 2012
Ally Financial Announces Agreement to Sell Canadian Operations
Second transaction in a week toward goals of pursuing strategic alternatives for the international businesses DETROIT — Ally Financial Inc. (Ally) today announced that it has reached an agreement to sell its Canadian auto finance operation, All
Oct 23, 2012
Growth in Auto Parts Retail Sales is Slowing in Last Half of 2012
Latest Trend Covered by Hedges & Company Hudson, Ohio — Hedges & Company, a market research, strategic planning and database marketing firm serving the automotive aftermarket, is tracking auto parts retail sales as part of their “
Oct 22, 2012
Dealer-Financed Car Sales Poised to Eclipse Pre-Recession Levels, Reports Edmunds.com
SANTA MONICA, Calif. — Dealer financing is back to pre-recession levels after bottoming out in 2009, says Edmunds.com, the premier resource for automotive information. A key driver of this resurgence, according to Edmunds.com, is the revival of
Oct 19, 2012
InspectMyRide® Online Vehicle Inspection Service Now Featured on Swapalease.com
Alpharetta, Ga. – InspectMyRide.com, one of America’s largest consumer car inspection services provider, has been selected as the exclusive vehicle inspection provider for Swapalease.com, an industry pioneer and leader in lease transfers and leas
Oct 19, 2012
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Redesigned Mid-Size Models Forcing Bigger Price Cuts On Used Cars
According to Ricky Beggs is the VP, Managing Editor at Black Book – National Auto Research, there has been growing hype over the new mid-size cars being introduced for 2013, with particular emphasis on stronger competition from domestic makers.
Oct 18, 2012
VehicleHistory.com Reaches 2.5 Million Vehicle History Reports Sold
Motor vehicle report website VehicleHistory.com has reached over 2.5 million VINs searched by clients on their website. VehicleHistory.com continues to grow and thanks their customers for loyal service and support. Denver, CO — With over 2.5 mi
Oct 18, 2012