Dealer OPS & Leadership
Direct Auto Loan Delinquencies Fall
WASHINGTON – Consumer delinquencies fell in all 11 loan categories tracked by the American Bankers Association, which today released results from the fourth quarter 2011 Consumer Credit Delinquency Bulletin. The composite ratio, which tracks delinquencies in eight...
Better Losses for Better Premiums
Every dealer knows there is a relationship between the losses printed on your loss runs and the premiums you pay. If premiums continue to rise as predicted by industry professionals, the first dealers to feel the pain will be those with higher losses. Many insurers...
Auction123 is Recognized by Dealers in the 2012 Dealers’ Choice Awards Receiving the Platinum Award for Best Online Inventory Marketing Tools
Fort Lauderdale, Florida -- Auction123, a website development, inventory management, and online marketing software provider for dealers of all vehicle categories since 2001, is proud to announce it has been named the Platinum Award winner in the Best Online Inventory...
Edmunds.com: Strong Sales Let Automakers Hold the Line on Incentives in March
SANTA MONICA, Calif. — March’s incentive spending on new car sales decreased month-over-month, suggesting that surging auto sales are being driven more by consumer demand than sweet deals at the dealership, according to an analysis of Edmunds.com’s True Cost of...
Luxury Automaker’s CPO Sales up 12%
For the month of March 2012, Porsche's Approved Certified Pre-Owned vehicle sales were 862, compared to 770 last year – a 12 percent increase. Year-to-date, Porsche's CPO sales are up 14 percent (2,367 vs. 2,073).
Black Book Promotes Jeff Bunch Promoted President of Lender Solutions
Gainesville, GA – Black Book announced today that Jeff Bunch has been promoted to the position of Vice President of Lender Solutions. In this role, Bunch will be responsible for leading Black Book’s efforts to increase revenue growth from the licensing of Black Book...
AutoTrader Classics Hosts “Ride or Restore” $10,000 Sweepstakes
ATLANTA -- Want the opportunity to win money towards the purchase or modification of a classic or performance car? One lucky winner will score $10,000 as the grand prize winner in AutoTrader Classics' "Ride or Restore" sweepstakes. To enter, participants can...
BMW Certified Sales Up 10%
In March, sales of BMW used vehicles (including certified pre-owned and pre-owned) increased 10.2 percent to 16,278 vehicles from the 14,773 vehicles sold in March 2011. January through March, BMW used vehicle sales are up 5.4 percent on volume of 41,351 compared to...
Mercedes-Benz CPO Program Down 3% in March
Through the Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 6,994 vehicles in March; a -3.3% decrease when compared to March 2011 (sales of 7,236 vehicles). On a year-to-date basis, MBCPO sold 19,924 vehicles, an increase of 2.0% over the comparable...
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