Dealer OPS & Leadership
Used Vehicle Values Continue to Drop since June Peak
According to the latest Kelley Blue Book Blue Book Market Report, used-vehicle values have dropped 2.6 percent overall in October, marking the fifth consecutive month of wholesale declines. Since peaking in June, used-vehicle values overall have dropped 10 percent...
Toyota Announces Voluntary Safety Recall
TORRANCE, Calif. – Toyota Motor Sales, USA, Inc. (TMS), announced that it will conduct a voluntary safety recall involving approximately 283,200 Toyota and 137,000 Lexus vehicles to replace the crankshaft pulley on the V6 engine. There is a possibility that the outer...
New 2012 Jeep® Wrangler Arctic and Liberty Arctic Models Latest in Line of Popular Special-edition Vehicles
Auburn Hills, Mich. - Building on the success of several recent special-edition Jeep vehicles, the Jeep® brand is introducing its latest models: the new 2012 Jeep Wrangler Arctic and Jeep Liberty Arctic. Jeep® Wrangler Arctic and Liberty Arctic, featuring a unique...
Hunter Introduces the NEW RX16 Scissor Lift – The Most Versatile and Productive Alignment Lift on the Market
Bridgeton, MO – Hunter’s RX16 combines a space-saving, low-profile design with tremendous power and advanced features to provide the most wide-ranging and efficient level of service possible with one lift. The dual-capacity system offers the ground-clearance...
Rotary Lift Hits the Accelerator on Shop Productivity with Shockwave™
Madison, Ind. – Rotary Lift introduces Shockwave™, a package of patent-pending lift technologies that dramatically accelerate vehicle service speed to provide greater technician productivity and higher shop profitability. Shockwave-equipped two-post and...
Elektron® Introduces the Industry’s Lightest and Most Powerful Resistance Spot Welder
Madison, Ind. – The new Elektron® Multispot MI-100control T squeeze-type resistance spot welder features the industry’s lightest transformer pliers, longest lightweight cables and highest welding current, enabling technicians to properly spot weld high-strength...
Larry H. Miller Chrysler Jeep Dodge Ram Riverdale Opens New Dealership
SALT LAKE CITY – Tony Schnurr, president of the Larry H. Miller Automotive Group, announced today a grand opening and ribbon cutting celebration for the new Larry H. Miller Chrysler Jeep Dodge Ram Riverdale dealership on Tuesday, November 15 at 1 p.m. MT. The...
DealerTrack Credit Application Network Reaches Milestone of 1,111 Lender Connections on 11/11/11
LAKE SUCCESS, N.Y. -- DealerTrack announced that the number of active lenders connected to its DealerTrack credit application network has surpassed 1,111 U.S. lenders. The DealerTrack credit application network allows dealers to electronically submit credit...
GM Financial Reports Net Income of $109 Million
FORT WORTH, TEXAS – GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $109 million for the quarter ended September 30, 2011, and $282 million for the nine months ended September 30, 2011. Loan originations were $1.4...
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