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Finance & Insurance News
UACC Partners With AUL Corp.
NAPA, Calif. — United Auto Credit (UACC), a California-based leader in non-prime auto finance, has selected AUL to be their national service contract provider. AUL, a Napa, CA based company and industry leader in the vehicle service contract b
Sep 7, 2012
How and Why to Improve the Most Important Metric in your Dealership
Dealers look at metrics all day long: number of units sold, front gross, F&I penetration rates, service gross, etc. And if they don’t like what they see, the department manager hears about it pretty quick. In a typical scenario, the dealer asks
Sep 6, 2012
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Dealer ManagementDealer/GM NewsFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
A Six-step Plan to Increase Used Vehicle Profitability
I’ve had chocolate chip cookies on my mind lately. The reason? I can’t eat them the way I used to, thanks to a daily diet and exercise regimen I’ve adopted. I’ve come to (reluctantly) embrace the “new me” because I now understand its rewa
Sep 6, 2012
Experian Automotive: Subprime auto loans in Q2 2012 exceeded prerecession levels
While subprime lending is on the rise, loans are balanced by lower loan-to-value ratios SCHAUMBURG, Ill. — Experian Automotive today announced that loans to customers in the nonprime, subprime and deep-subprime risk tiers accounted for more th
Sep 6, 2012
New CarWoo! Dealer Premium Offering Leverages Advanced Digital Retailing Tools from DealerTrack
BURLINGAME, Calif. — To provide the most efficient, useful, and comprehensive online marketplace for automotive buyers and dealers alike, CarWoo! today announced that DealerTrack‘s PaymentDriver and FinanceDriver tools will be directly in
Sep 5, 2012
KBB Commentary: August New-Car Sales Results
Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book, had the following points to say on this month’s new-car sales results. Consumers paid between 5 to 8% below MSRP on average in August, not including cash incentives.
Sep 4, 2012
Ally Bank Launches New “Stages” Ad Campaign
New advertising series and tagline showcases the Bank’s commitment to customers MIDVALE, Utah — Customers take center stage in Ally Bank’s newest advertising campaign, filmed on the stage of the historic Orpheum Theatre in Los Ange
Sep 4, 2012
Mopar Celebrates 75th Anniversary
Auburn Hills, Mich. – Mopar or no car. The Mopar brand proudly celebrates its 75th anniversary in 2012. Starting as the name of a single product — antifreeze — the Mopar brand evolved over 75 years, developing a strong identity that repre
Sep 3, 2012
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Finance & Insurance News
Pentagon Federal Credit Union and Enterprise Car Sales Work to Save Soldiers and Civilians From Making Bad Car Deals and Decisions
ALEXANDRIA, Va. and ST. LOUIS — Staff Sergeant Shawn Marsland, 16th Signal Company, stationed at Fort Hood, TX, and his wife Cassandra are experienced car buyers. So even though they were eager to buy a pickup when they moved back to the state
Aug 30, 2012