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Auto Finance Companies Significantly Originating More Loans than Banks and Credit Unions in Today’s Economy
ATLANTA — Auto finance companies have significantly increased lending by more than 47% over the past two years,…
Dealer News November 3Audi CPO Reports 8th Consecutive Record Sales Month
Audi Certified Pre-Owned sales of 2,776 vehicles mark the best October on record and the eighth-consecutive record month.…
Marketing November 3CarGurus Used Car Price Index Down 1.7% This Fall
CAMBRIDGE, Mass. — CarGurus, the auto research and shopping website, released its CarGurus Used Car Price Index for October,…
Dealer News November 3Ally Financial Reports Net loss of $210 million
NEW YORK — Ally Financial Inc. (Ally) reported a net loss of $210 million for the third quarter of 2011,…
Dealer News November 3Dollar Thrifty Automotive Group Reported Net Income of $66.6 Million
TULSA, Okla. — Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported results for the third quarter ended…
Dealer News November 3Luxury Automaker Reports 17% Increase in CPO Sales
For the month of October 2011, Porsche’s Approved Certified Pre-Owned vehicle sales were 652, compared to 565 last…
Marketing November 3International Nameplate Automobile Dealers Announce Monthly Sales
Alexandria, VA – The American International Automobile Dealers Association (AIADA) released October 2011 sales figures for the international nameplate…
Dealer News November 3BMW Certified Pre-Owned Sales Down
In October, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 13,262, a decrease of 4.4%…
Dealer News November 3Equifax: Total Outstanding Consumer Debt Now Nearly Equivalent to Pre-Recession Levels
ATLANTA — Equifax’s latest National Credit Trends Report shows that Total consumer debt now stands at $11.2 trillion, nearly equivalent to the $11.1…
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