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Gasoline: More Performance, More Economy, More Green!

Consumers are motivated by many factors that influence their automobile-buying decisions: price, prestige, creature comforts and resale value, just to name a few. Likewise, there are many reasons why vehicle owners purchase preventive maintenance ser
Aug 13, 2012

Wholesale Used Vehicle Prices Decline 1.8%

According to Manheim Consulting, the Manheim Used Vehicle Value Index fell again in July.  Manheim said wholesale used vehicle prices declined 1.8% in July. This was the fourth consecutive monthly decline and brought the Manheim Used Vehicle Value I
Aug 10, 2012

Toyota Financial Services Announces Expansion of its “Making Life Easier” Scholarship Program to $1 Million

TORRANCE, Calif. — Toyota Financial Services (TFS) today announced the expansion of its Making Life Easier scholarship program to $1 million for 2013, which will provide scholarships to underserved students through Boys & Girls Clubs of Ame
Aug 10, 2012

July Bankruptcy Filings Fall 12% from 2011

Alexandria, Va.— Total bankruptcy filings in the United States for July 2012 decreased 12 percent compared to the previous year, according to data provided by Epiq Systems, Inc. July bankruptcy filings totaled 97,073, down from the 110,173 filings
Aug 10, 2012

Manufacturers Getting More Comfortable in Court

Dealers more frequently finding themselves on the receiving end of a surprise lawsuit In the past 18 months, there has been a clear trend of manufacturers going on the offensive against dealers. In a number of unrelated matters, manufacturers have br
Aug 9, 2012

PDQ Launches LaserWash® AutoXpress® for Automotive Dealers

Affordable, touch-free in-bay automatic wash system from PDQ can wash up to 23 vehicles per hour De Pere, WI – PDQ Manufacturing, Inc., an industry-leading manufacturer of in-bay automatic vehicle wash systems, is pleased to announce the availabili
Aug 7, 2012

Michigan is Costliest State for Car Insurance According to New State-by-State Research

SAN FRANCISCO – Michigan residents face the steepest car insurance cost burden in the nation, according to new research released this week by CarInsuranceQuotes.com, a Bankrate (NYSE: RATE) company. The typical Michigan household pays a whopping ei
Aug 3, 2012

GM Financial Reports June Quarter Operating Results

FORT WORTH, Texas — GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $136 million for the quarter ended June 30, 2012, compared to $96 million for the quarter ended June 30, 2011. Net inco
Aug 3, 2012

The Changing Landscape of Auto Inventory Insurance

There is no question that the dealership insurance market is tightening up. Prices are going up along with deductibles including an ever-growing list of coverage limitations. Dealers’ physical damage or auto inventory insurance premiums and deducti
Aug 3, 2012