Dealer OPS & Leadership
Honda Reported Consolidated Net Income Decreased 55% from 2010
TOKYO -- Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal Second quarter ended September 30, 2011. Honda's consolidated net income attributable to Honda Motor Co., Ltd. for the fiscal second quarter ended September 30, 2011 totaled JPY...
With 100 Years Behind It, Chevrolet Revs into Future
DETROIT – One hundred years ago, the first Chevrolet took to the roads in Detroit, beginning a journey ultimately leading to every corner of the planet. More than 209 million cars and trucks later, Chevrolet is one of the world’s largest car brands, selling vehicles...
Bleecker Automotive Group Saves Up to $200,000 Annually by Paring Unnecessary Vendors; Using Auto/Mate’s DMS
CLIFTON PARK, N.Y. – Auto/Mate Dealership Systems announced that long-time customer Bleecker Automotive Group estimates it has reduced its technology costs up to $200,000 annually. The cost reductions are a result of having switched from a legacy dealership management...
General Motors’ Putting the Brakes on EBE Facility Requirements
It appears that all the push back from dealers has paid off. At the time I write this article, General Motors is issuing two-year extensions to the deadline for dealers to complete their Essential Brand Elements facility upgrades. It is not yet clear whether GM is...
Study Confirms Growing Desire for Fuel Efficiency When Buying a New Vehicle
MIAMI -- A national survey shows fuel economy has jumped dramatically in the last decade to become a primary reason to buy nearly every kind of vehicle, underscoring Ford's plan for leading fuel efficiency with every new car, utility and truck it introduces. Fuel...
Bankrate: Only 17% of Americans Report Better Financial Situation than One Year Ago
NEW YORK -- Bankrate.com's Financial Security Index slumped in October, falling to 92.8 from 93.9, and is now at its second-lowest level of the year. Any reading below 100 indicates feelings of less financial security relative to 12 months ago. "The weak economy,...
America’s Car-Mart Continues Growth – Now Operating 111 Dealerships
Bentonville, Arkansas -- America’s Car-Mart, Inc. announced the opening of its newest dealership. The dealership is located in Phenix City, Alabama. "Phenix City is our 10th dealership in Alabama. We have had great success in Alabama and expect to continue to grow our...
Lexus Captures the Highest Perceived Quality Rating for Alternative Fuel Vehicles
SANTA BARBARA, Calif. -- Lexus captured the highest Perceived Quality rating for alternative fuel vehicles with an overall PQS of 89.8 (out of 100), according to the Fall 2011 Perceived Quality Study (PQS) from ALG, a subsidiary of TrueCar, Inc. and the industry...
Ally Financial Launches Innovative Vehicle Financing Product
DETROIT -- Ally Financial Inc. launches Ally Buyer's Choice, an industry-first product offering for U.S. dealers and customers on new 2011 and 2012 General Motors and Chrysler vehicles. Ally Buyer's Choice is an innovative financing product that delivers the best of...
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