Dealer OPS & Leadership
Rising Gas Prices Trigger a Bump in Values for Some Affordable Fuel-Sippers
According to Alec Gutierrez, Senior Market Analyst, Industry Insights at Kbb.com, for the first time since April, Kelley Blue Book has seen values increase on affordable small cars such as the Honda Fit, Smart fortwo, Suzuki SX4, Volkswagen Jetta TDI, Kia Rio and...
Blue Book Market Report: Used-Car Values Drop 2%
According to the Blue Book Market Report – JULY 2012, Used-car values dropped more than 2 percent in June, the second consecutive monthly decline since values leveled off in early April. This month’s report includes: USED-CAR MARKET ANALYSIS Drop in Gas Prices Drives...
AutoNation Reports Used Vehicle Revenue Up in 2012
AutoNation Reports All-Time Record Quarterly EPS from Continuing Operations FORT LAUDERDALE, Fla. -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today reported 2012 second quarter adjusted net income from continuing operations of $82 million,...
Capital One Reports: Period-End Loans in Auto Finance Grew 7%
Both first and second quarter 2012 results were significantly impacted by acquisition accounting impacts and other items MCLEAN, Va. -- Capital One Financial Corporation (NYSE: COF) today announced net income for the second quarter of 2012 of $92 million, or $0.16 per...
DealerTrack Announces Agreement to Acquire 1st Auto Transport Directory
Leading Network that Facilitates Vehicle Transportation for Dealers Added to DealerTrack’s Comprehensive Solution Set Lake Success, N.Y. ─ Expanding its range of solutions and services for the automotive retail industry, DealerTrack announced an agreement to acquire...
Consumer Credit Default Rates Decreased for the Sixth Consecutive Month
New York the Only MSA Where the Default Rate Increased NEW YORK -- Data through June 2012, released today 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...
Digital Air Strike™ and iMagicLab Collaborate on Seamless Response Logix® Lead-management CRM Integration for US Auto Dealers
Deep integration delivers increased functionality and streamlined sales process with Response Logix and iMagicLab. Sunnyvale, CA – Digital Air Strike™ and iMagicLab announced a partnership that gives dealerships that utilize the Response Logix and iMagicLab solutions...
JP Morgan Chase Reports: Average Auto Loans Up 3%
New York - JPMorgan Chase & Co. (NYSE: JPM) recently reported second-quarter 2012 net income of $5.0 billion, compared with net income of $5.4 billion in the second quarter of 2011. Earnings per share were $1.21, compared with $1.27 in the second quarter of 2011....
PBS or Fox? Tweeting or not? Survey finds drivers share more than just insurance companies
Foster City, Calif. – A new analysis by Insure.com shows how car insurance companies attract customers who share similar habits and tastes. Insure.com analyzed data from its “Best Insurance Companies” survey, which provides customer satisfaction ratings for large...
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