Dealer OPS & Leadership
Porsche Pre-owned Year-to-Date Sales Up 15%
For the month of September 2011, Porsche's Approved Certified Pre-Owned vehicle sales were 714, compared to 619 last year. The year-to-date total is 6,597, compared to 5,645 in the previous year – a 15% increase.
Chrysler Group Offers Introductory Incentives on Certain 2012 Models
Auburn Hills, Mich. - Chrysler Group LLC announced introductory incentives on certain 2012 Chrysler, Jeep®, and Ram Truck models. Chrysler Group is offering $500 in Customer Cash to qualified consumers who purchase a 2012 Chrysler Town & Country or a 2012 Dodge...
ADP Dealer Services’ Cobalt Releases ADP PowerSEO
Hoffman Estates, IL -- Cobalt / ADP Digital Marketing, a business unit of ADP Dealer Services today announced, as part of its suite of power products, the immediate availability of its PowerSEO service and tiered enhanced reporting for Cobalt customers. This major...
Direct Auto Loan Delinquencies Rise
WASHINGTON – Consumer delinquencies continued to move higher in this year’s second quarter, with nine of eleven loan categories showing slightly higher delinquencies amid weak job creation and a slowing economy, according to the American Bankers Association’s Consumer...
KAR Announces Closing of OPENLANE Acquisition
Carmel, IN - KAR Auction Services, Inc. announced that it has successfully completed the acquisition of OPENLANE, Inc. OPENLANE is a North American online automotive auction company that provides a market for online buyers and sellers of wholesale vehicles. OPENLANE...
Mercedes-Benz CPO Sales Down 8.6%
The Mercedes-Benz Certified Pre-Owned (MBCPO) program sold 5,707 vehicles in September 2011, a decrease of -8.6%. On a year-to-date basis, MBCPO sold 57,359 vehicles, a decrease of -5.9% over the comparable period last year.
Pandora Hits the Road with Toyota
OAKLAND, Calif. -- Pandora, the leading personalized radio service, revealed that automotive partner Toyota is now offering an embedded version of Pandora on the 2012 Camry and 2012 Tacoma. The Camry is America's best-selling car(i) and the Tacoma is the best-selling...
Nissan and Infiniti Dealers to Offer 3-Month SiriusXM Subscription on All Pre-Owned Vehicles with Factory-Installed Satellite Radios
NEW YORK -- Sirius XM Radio announced that participating Nissan and Infiniti dealerships across the United States will give customers a 3-month subscription to SiriusXM when they purchase any pre-owned vehicle from the satellite radio-equipped inventory of...
Report: 2011 New Credit Growth Highest in Two Years
ATLANTA -- Equifax's latest National Credit Trends Report indicates that the credit cycle has turned as new credit growth continues, with higher loan volumes on a 2011 year-to-date basis for multiple lending markets including: Automotive, Bankcard, Consumer Finance...
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