Dealer OPS & Leadership
Edmunds.com Advises Car Shoppers on How to Make the Most of the Los Angeles Auto Show
SANTA MONICA, Calif. — As the 2012 L.A. Auto Show opens to the public this weekend, Edmunds.com, the premier resource for car shopping and automotive information, advises shoppers on strategies they can use at auto shows to help them make an informed decision on their...
KAR Auction Services Announces Secondary Offering of Common Stock
Carmel, IN – November 30, 2012 – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today the commencement of an underwritten offering of up to $200 million of its common stock by existing stockholder KAR Holdings II, LLC (the “LLC”), subject to market...
KAR Auction Services Announces First Cash Dividend
Board Declares Quarterly Dividend of $0.19 per Share Carmel, IN – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today that its Board of Directors has approved the initiation of a quarterly cash dividend on the Company’s common stock. The initial...
November 2012 Used Car Sales Estimated to be up 3.8% According to TrueCar.com
Highest SAAR Since February 2008 at 15.2M Estimated Incentive Spending Highest Since August 2010 at $2,765; Chrysler and Ford Have Lowest Incentive Spend Since January 2003 and September 2002, Respectively SANTA MONICA, Calif. – TrueCar.com today released its...
AutoCalcubot Uses Facebook as an Auto-Loan Generator
BERKELEY, CA -- Shastic announces the immediate availability of AutoCalcubot, the first social loan calculator for financial institutions. AutoCalcubot helps financial institutions generate new auto loans by turning Facebook into an important new channel to reach over...
Learn How to Maximize Used Vehicle ROI, On The Go
A more competitive and transparent retail environment requires dealers to establish a market-specific strategy to ensure success in their used vehicle departments. vAuto Founder Dale Pollak’s session reveals how to establish a strategy that plays to a market’s...
Aftermath of Hurricane Sandy Boosts November Car Sales, Says Edmunds.com
SANTA MONICA, Calif. — Car sales deferred and created by Hurricane Sandy helped to get the auto industry back on track in November, reports Edmunds.com, the premier resource for automotive information. Edmunds.com forecasts that 1,107,378 new cars and trucks will be...
TransUnion: National Auto Loan Delinquency Rate Rises, Though Remains Relatively Low
CHICAGO, IL -- The national auto loan delinquency rate (the ratio of borrowers 60 or more days past due) rose from 0.33% in Q2 2012 to 0.38% in Q3 2012, though it remains near historic low levels. One year ago, the auto loan delinquency rate was 0.47%. While auto loan...
TransUnion: National Auto Loan Delinquency Rate Rises, Though Remains Relatively Low
CHICAGO, IL -- The national auto loan delinquency rate (the ratio of borrowers 60 or more days past due) rose from 0.33% in Q2 2012 to 0.38% in Q3 2012, though it remains near historic low levels. One year ago, the auto loan delinquency rate was 0.47%. While auto...
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