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Auto Dealer M&A Activity Declines
Public Companies’ U.S. Acquisitions Drop 55 Percent SAN FRANCISCO — The Presidio Group LLC, through its subsidiary Presidio Merchant Partners LLC, today released its Automotive Retail M&A Market Report for the first half of 2012. Some hig
Aug 24, 2012
Nissan Altima Battles Toyota Camry for Best-Selling Sedan Spot
Jumpstart Automotive Group Reveals Top Contender with Online Shoppers San Francisco, CA – Nissan is battling for the best-selling midsize sedan spot this year – a move the automaker’s CEO Carlos Ghosn touted at the New York Auto
Aug 24, 2012
Bankrate.com: National Auto Loan Rates Fall to 4.45%
According to Bankrate.com, auto loan rates were down this week, with the average rate for a 60-month new-car loan falling 1 basis point, to 4.45 percent, a new record low. Click here for more information from Bankrate.com.
Aug 24, 2012
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J.D. Power and LMC Automotive Report: August New-Vehicle Retail Sales Show Strength Amid Weak Economic Growth and Consumer Uncertainty
WESTLAKE VILLAGE, Calif. — The August new-vehicle selling rate is expected to be the highest monthly rate in more than four and one-half years, according to a monthly sales forecast developed by J.D. Power and Associates’ Power Informatio
Aug 24, 2012
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TransUnion: National Auto Loan Delinquency Rate Hits New Record Low for Second Consecutive Quarter
CHICAGO, IL — For the second consecutive quarter, the national auto loan delinquency rate (the ratio of borrowers 60 or more days past due) hit its lowest level since TransUnion began tracking the data in 1999. Auto loan delinquency rates in
Aug 24, 2012
S&P/Experian Credit Default Indices: Consumer Credit Default Rates Remain Near Recent Lows in July 2012
NEW YORK — Data through July 2012, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that most loan types s
Aug 24, 2012
Cars.com Dealer Training Manager Shares How To Turbocharge the New Car Sales
Sales of new vehicles are rebounding, but growth in mobile technology and consumer-generated content have completely changed how car buyers shop. This is particularly true of new car shoppers, who often have many choices when deciding where to buy. L
Aug 24, 2012
vAuto Founder Reveals How To Blend Science and Strategy to Maximize Used Vehicle ROI
A more competitive and transparent retail environment requires dealers and managers to establish a market-specific strategy to ensure success in their used vehicle departments. vAuto Founder, Dale Pollak, will reveal to you how to establish a strateg
Aug 24, 2012
Customers to Receive 3-Month SiriusXM Subscription When Purchasing Any Pre-Owned Vehicle from Participating Toyota Dealerships across the Country
NEW YORK — Sirius XM Radio this week announced that customers will automatically receive a 3-month SiriusXM subscription when they purchase any pre-owned vehicle, regardless of manufacturer, with a factory-equipped satellite radio from particip
Aug 23, 2012