Dealer OPS & Leadership
Is your Team Playing Aggressive Defense?
It has been said many times that “offense wins games, but defense wins championships.” Following the football analogy within the business context, we could equate offense to the generation of sales revenues and the defensive component of business could be equated to...
Leading Automotive Financing and Insurance Companies Put BillFloat in the Driver’s Seat to Deliver a New Payment Option for Their Customers
SAN FRANCISCO -- BillFloat, Inc., the nation's only bill payment provider to give consumers more time to pay when they need it, announced today that more than 1 million consumers can choose to use BillFloat for their monthly car payment or auto insurance bill....
Ford Credit Earns $350 Million Net Income in Third Quarter of 2011
DEARBORN, Mich. -- Ford Motor Credit Company reported net income of $350 million in the third quarter of 2011, a decrease of $147 million from a year earlier. On a pre-tax basis, Ford Credit earned $581 million in the third quarter and $1.9 billion in the first nine...
TrueCar.com: Used Car Sales Estimated to be up 5.7% from 2010
SANTA MONICA, Calif. -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its October 2011 sales and incentives forecast. The forecast shows the following: For October 2011, new light vehicle sales in the U.S. (including fleet) is...
Satisfaction with Auto Claims is Considerably Lower Among Total Loss Claimants
WESTLAKE VILLAGE, Calif. -- Auto insurance claimants who incur a total vehicle loss are notably less satisfied with the claims experience than are claimants who incur a repairable vehicle claim, according to the J.D. Power and Associates 2011 U.S. Auto Claims...
Kia Enhances Certified Pre-Owned Program
IRVINE, Calif. -- Kia Motors America, Inc. (KMA) announced a major improvement to its Kia Certified Pre-Owned (CPO) program. KMA, which distributes vehicles through its network of authorized independent Kia-brand dealers in the United States, has selected Carfax as...
Chrysler Group Reports Third Quarter 2011 Net Income of $212 Million
AUBURN HILLS, Mich. -- Chrysler Group LLC reported preliminary net income of $212 million for the third quarter, compared with a net loss of $84 million a year ago, as the Company continues to increase sales and benefit from its alliance with Fiat S.p.A. Chrysler...
Consumers Can Now Reduce and Manage Credit Card Debt, Mortgage, Student and Auto Loans with ReadyForZero
SAN FRANCISCO -- ReadyForZero, the leading online platform for managing and reducing personal debt, expands its successful software program beyond credit card debt to include mortgage, student loans and auto loans. The expanded ReadyForZero platform helps consumers...
Capital One Auto Finance Originations Up 17%
MCLEAN, Va. -- Capital One Financial Corporation (NYSE: COF) today announced net income for the third quarter of 2011 of $813 million, or $1.77 per diluted common share, compared with net income of $911 million, or $1.97per diluted common share, for the second quarter...
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