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Equifax: Americans Owe Less on Their Credit Cards
ATLANTA — Equifax recently reported that nearly 60 of the top 100 metropolitan statistical areas (MSAs) hardest hit by credit card debt realized double-digit declines in the percentage of income owed to credit card companies—nearly 24 percen
Feb 22, 2012
Manheim’s Lilicia Bailey Names to Savoy Magazine’s 2012 Top 100 Most Influential Blacks in Corporate America
ATLANTA – Manheim Senior Vice President and Chief People Officer Lilicia Bailey has been selected as one of Savoy Magazine’s “2012 Top 100 Most Influential Blacks in Corporate America.” Bailey and the other honorees, which include prominent
Feb 21, 2012
PartsChannel, Inc. Receives NSF International Certification for Auto Parts Distribution
LOS ANGELES — PartsChannel, Inc. announced the company has received certification under NSF International’s Automotive Collision Parts Distribution Program. The certification recognizes the company’s effective record and inventor
Feb 20, 2012
Auto Industry Outperforms Other Industries in Providing Customer Service
St. Louis – Contrary to the negative perceptions often associated with automotive dealerships, a recent Maritz Research CEBenchmarks™ study revealed the auto industry outperforms several other industries, including retail and wireless service
Feb 20, 2012
96% of Auto Repair Shops Recycle Scrap Metal
BETHESDA, Md. — Auto repair shops are playing a key role in protecting the environment with 96 percent reporting they recycle the scrap metal from automotive components, according to a study done by the Automotive Aftermarket Industry Assoc
Feb 20, 2012
WURTH USA Announces New Partnership With GM Dealer Equipment
RAMSEY, NJ — WURTH USA, Inc., (Würth) a leading provider of automotive fasteners, shop supplies, and collision repair products, announced their new partnership with GM Dealer Equipment today. Together they have developed an Authorized Cons
Feb 17, 2012
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Finance & Insurance News
LEAP Financial and 722 Redemption Funding Announce Partnership to Offer Redemption and Replacement Financing for Chapter 7 Bankruptcy Filers
San Diego, CA, and Cincinnati, OH — LEAP Financial, an auto leasing company that serves consumers who have difficulty obtaining credit, and 722 Redemption Funding, a provider of vehicle financing solutions during bankruptcy, announced a part
Feb 17, 2012
Lenders have Reloaded their Chips and are Playing more Aggressive Hands
I love when the National Automobile Dealers Association convention takes place in Las Vegas, as it did this year. Though I’m much more inclined to spend my time in Las Vegas taking in a show, I like the sensory overload of a walk down the strip or
Feb 17, 2012
Posts
Finance & Insurance News
GM Financial Reports Earnings of $104 Million
FORT WORTH, TEXAS – GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $104 million for the quarter ended December 31, 2011, and $386 million for the year ended December 31, 2011. Earnings of $1
Feb 17, 2012