Dealer OPS & Leadership
Payless® Car Sales Now Open in Baton Rouge, LA
Gerry Lane Enterprises opens the first of two Payless® Car Sales franchise locations Baton Rouge, LA -- Payless Car Sales, Inc., America’s Used Car Company®, announced today that Gerry Lane’s Payless® Car Sales is now open for business at 11025 Reiger Road. The...
Superstorm Sandy Incentivizes Car Leasing
HAUPPAUGE, NY – Superstorm Sandy wreaked havoc and widespread power outages on Long Island, metropolitan New York and coastal New Jersey, resulting in overwhelming damage to many homes, communities and vehicles. This, in turn, has led to an upsurge in car sales,...
Ally Financial Announces Agreement to Sell Remaining International Operations
DETROIT -- Ally Financial Inc. (Ally) this week announced that it has reached an agreement to sell its operations in Europe and Latin America, as well as its share in a joint venture in China, to General Motors Financial Company, Inc. (GM Financial), a wholly-owned...
Deloitte Consumer Spending Index Moves Up Sharply in October
NEW YORK -- The Deloitte Consumer Spending Index (Index) rose sharply in October, primarily due to the second consecutive and significant increase in new home prices. The Index tracks consumer cash flow as an indicator of future consumer spending[i]. "The housing...
Sandy Increases Number of Flood-Damaged Cars and Trucks Coming to Market
In the wake of 2012’s “super storm,” AiM Mobile Inspections helps consumers avoid flood-damaged vehicles LONG BEACH, Calif. – As ”Super Storm” Sandy recently showed, flooding and storm surges can wreak havoc in communities, damaging cars, homes, businesses and...
Learn How to Sell and Service More Vehicles More Profitably by Attending the Digital Dealer Virtual Exposition
Complimentary dealership registration is now available for the Digital Dealer Virtual Exposition, December 5 – 11. Experience the top ten educational sessions from the 13th Digital Dealer Conference & Exposition and see products from industry leading vendors...
Some Car Segments See Wholesale Price Changes Last Few Days
This past week, wholesale and used-car prices started to feel the effects of rising demand in the wake of Hurricane Sandy. Auction activity from as far as Texas had rising levels of sales attributed to replacement vehicle sales. Black Book recorded daily changes in...
How are Luxury Auto Brands Driving Digital Adoption?
Martini Media released an infographic that explores how luxury auto brands are driving digital adoption. Here are some of the highlights uncovered: This year, 94% more auto brands are utilizing digital video than last year Luxury auto marketers devote 28% of their...
S&P/Experian Consumer Credit Default Indices: National Credit Default Rates Increased in October 2012
NEW YORK -- Data through October 2012, released this week by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that most loan types saw an increase in...
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