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Nissan Launches Reinvented 2013 Pathfinder
NEW YORK and DETROIT — Nissan today unleashed the all-new 2013 Pathfinder SUV, a complete makeover featuring a sleek, aerodynamically styled exterior, a premium interior, class-exclusive user-friendly technology and a new unibody platform and
Aug 3, 2012
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Auto Dealer Social Media Marketing Program Offered by Social Media Consulting Firm Maximize Social Media LLC
Social media consulting firm Maximize Social Media LLC announced its social media marketing program today for auto dealers, providing support to auto dealerships nationwide. The firm will offer complete social media management services including Face
Aug 3, 2012
Michigan is Costliest State for Car Insurance According to New State-by-State Research
SAN FRANCISCO – Michigan residents face the steepest car insurance cost burden in the nation, according to new research released this week by CarInsuranceQuotes.com, a Bankrate (NYSE: RATE) company. The typical Michigan household pays a whopping ei
Aug 3, 2012
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Finance & Insurance News
GM Financial Reports June Quarter Operating Results
FORT WORTH, Texas — GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $136 million for the quarter ended June 30, 2012, compared to $96 million for the quarter ended June 30, 2011. Net inco
Aug 3, 2012
Kbb.com: High Used-Car Values Contribute Heavily to Higher Demand for New Vehicles
According to Alec Gutierrez, senior market analyst of Automotive Insights for Kelley Blue Book, with some one- and two-year-old used vehicles commanding as much as 90% of original MSRP, many consumers have opted to purchase a new vehicle rather than
Aug 3, 2012
The Changing Landscape of Auto Inventory Insurance
There is no question that the dealership insurance market is tightening up. Prices are going up along with deductibles including an ever-growing list of coverage limitations. Dealers’ physical damage or auto inventory insurance premiums and deducti
Aug 3, 2012
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3 Ways to Reduce the Risk of Used Vehicle Market Volatility
I like the analogy a Midwest dealer recently shared as we discussed recent declines in wholesale used vehicle values: “I try to manage my used vehicle inventory like a bobber on a lake. When wholesale values drop, it’s like a wave washes over the
Aug 3, 2012
U.S. News & World Report Launches Used Car Rankings
WASHINGTON — U.S. News & World Report, one of the most trusted sources for consumer recommendations, today expanded its Best Cars rankings to include used vehicles. The Used Car Rankings include nearly 600 cars, SUVs and minivans from the 2
Aug 3, 2012