DETROIT — Ally Financial Inc. today announced that it has completed the renewal of $15 billion in credit facilities at both the parent company and at its banking subsidiary, Ally Bank, with a syndicate of 19 lenders. The secured facilities can

ERIE, Pa. — There’s some good news on the auto front: Drivers who chose to squeeze a few more years out of their vehicles during the tough economy are starting to upgrade. According to Autodata, February 2012 auto sales were at their high

WESTLAKE VILLAGE, Calif. — New-vehicle retail sales are on track to end the first quarter of 2012 particularly strong, with performance in March continuing the trend from the past several months, according to a monthly sales forecast developed

There are a few things in our business that everybody talks about, but no one seems to be able to do anything about them. They are: lost sales and walkarounds. Both are things that we know we should be doing every day in order to be profitable, yet w

NEW YORK — Data through February 2012, released today by S&P Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that all loan types saw a de

Stewart Easterby,  EVP, Dealer Development at TrueCar, Inc., and Michael Timmons, EVP, TrueCar, Inc., are sharing their expertise with automotive dealers and managers on how to successfully sell to Millennials. With 80 million expected to join the w

Tim Deese, founder of Progressive Basics, is sharing his expertise with automotive dealers and managers on how to compete with the private individual. We spent almost 100 years as the most assertive and aggressive free market traders that capitalism

IRVINE, Calif. — Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, today reports that used compact-car values are on the rise and could reach the same 20 percent gains seen in 2011.  According to Kelley B

Dennis Carey, regional sales director for DealerTrack, is sharing his expertise with automotive dealers and managers on how to buy and sell pre-owned on the Internet. You will learn strategies and examples of how the most successful dealerships utili