Dealer OPS & Leadership
GM Issues New Recalls for Airbags, Rear Suspensions
According to an article posted on The Detroit News, GM issued a new recall for airbags and rear suspensions. The problem was first discovered in a GM company vehicle in December. GM later found three vehicles at the plant that had rear bolts that were not tightened...
Watchdog: Treasury Department Needs ‘More concrete TARP exit plan for Ally’
According to a story on The Detroit News... Washington — A government watchdog says the Treasury Department must work with the Federal Reserve to craft an exit plan for its 74 percent investment in Detroit-based lender Ally Financial Inc. The special inspector general...
How Negative Student Loan Trends Could Affect Auto Lending Market
According to an article on SubPrime Auto Finance, negative student loan trends could affect the auto lending market. Chicago and San Jose, CA — As CNW Research noticed subprime auto loan approvals rising year-over-year by at least 40 percent yet again this month,...
Capital One Announces Quarterly Dividend
MCLEAN, VA - Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.05 per share payable February 22, 2013 to stockholders of record as of February 11, 2013. The company has announced dividends on its common stock every quarter since...
Ford, Chevrolet among Consumer Reports’ Top 6 Brands
According to an article posted on The Detroit News, Ford and Chevrolet are among Consumer Reports' top 6 brands. Overall brand perception is an index calculated as the total number of times that a particular make was mentioned as exemplar across all seven categories,...
FTC Settlement Permanently Halts Auto Debt Consulting Operation
According to an article posted on F&I and Showroom, FTC settlement permanently halts auto debt consulting operation. Washington, D.C. — Under a settlement reached with the Federal Trade Commission, two California-based companies and their principals, who allegedly...
Transaction Prices in January 2013 Decrease from Last Month; Industry Incentives Decline 12 Percent From Last Month According to TrueCar
Santa Monica, CA - TrueCar, Inc. the authority on car pricing information, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,812 in January 2013, up $300 (1.0 percent) from January 2012 and down...
10 Best Used Cars Under $8,000 Named By KBB.com Editors
Irvine, CA - Shoppers in the market for an affordable used car should check out the list of 10 Best Used Cars Under $8,000 compiled by the expert editors of Kelley Blue Book www.kbb.com, the leading provider of new and used car information. With Americans looking to...
Marketers, Consumers Favor Email Over Social Media
According to a story on Search Engine Watch, consumers favor email over social media. Despite all the newfangled channels and technology by which marketers can reach consumers in a digital capacity today, email is still the most effective and inclusive, according to...
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