Dealer OPS & Leadership
April Bankruptcy Filings Fall 16% from 2011
Alexandria, Va.— Total bankruptcy filings in the United States for April 2012 decreased 16 percent compared to the previous year, according to data provided by Epiq Systems, Inc. April bankruptcy filings totaled 108,865, down from the 129,815 filings registered in...
Equifax: Credit Write-offs Lower By 50% from 2009, and New Credit is at HighestPoint Since 2008
ATLANTA - The credit landscape continues its consistent recovery heading into the second quarter of 2012, with the exception of home finance, according to the U.S. consumer data from Equifax's March National Consumer Credit Trends Report. At the end of Q1 2012, U.S....
CarGurus Offers Young Car Buyers Guidance on How to Find a Great Used-Car Deal
CAMBRIDGE, Mass. -- The average debt load on college graduates jumped 24% to $16,932 between 2000 and 20101. Recent grads who need to buy a car as they begin their professional life should not add to that burden by overpaying for their first set of wheels. Editors at...
Dollar Thrifty Automotive Group Reports Record First Quarter Profit
TULSA, Okla. -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) reported results for the first quarter ended March 31, 2012. Net income for the 2012 first quarter was $40.4 million, or $1.35 per diluted share, compared to net income of $16.5 million, or $0.53 per...
Blue Book Market Report: New-Car Sales Maintain Momentum
According to the Blue Book Market Report for May 2012, new-car sales maintain momentum, post solid 14.4 million SAAR Pace. Click here to read the full results: Blue Book Market Report – May 2012. THIS MONTH’S REPORT INCLUDES: NEW-CAR MARKET ANALYSIS New-Car Sales...
Dataium Report Shows Facebook Great At Generating New Auto Visits
Nashville, TN — Dataium, the largest aggregator of online automotive shopper behavior, today announced the release of its annual Social Media report that examines the influence of Facebook and other social media websites on automotive shopping behavior. The report,...
NADA Supports Bill to Eliminate Obsolete Mandate That Requires NHTSA to Distribute Insurance Data Booklets to Dealers
WASHINGTON – Legislation introduced Tuesday in the U.S. House of Representatives repeals an obsolete mandate that requires the National Highway Traffic Safety Administration (NHTSA) to print and distribute an insurance report to more than 17,500 new-car dealerships...
TrueCar.com Identifies 10 Most Popular Cars for Moms
SANTA MONICA, Calif. -- Just in time for Mother's Day, TrueCar.com, the authoritative voice in new car pricing and industry trend information, has identified the 10 Most Popular Cars for Moms. Based on 2011 data received from women with children about the cars they...
Voting Results from Ford Motor Company’s 2012 Annual Meeting of Shareholders
WILMINGTON, Del. - A total of 63 people attended the annual meeting of shareholders in Wilmington, Delaware, on Thursday, May 10. Voting results indicate that a total of 3,154,667,973 shares of common stock and 70,852,076 shares of Class B Stock with a total aggregate...
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