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Credit Acceptance Announces Completion of $200.5 Million Asset-Backed Financing
Southfield, Michigan — Credit Acceptance Corporation (the “Company”, “we”, “our”, or “us”) announced the completion of a $200.5 million asset-backed non-recourse secured financing (the “Fin
Oct 13, 2011
2,500 Lenders Choose VINtek’s Automotive Collateral Management Technology
PHILADELPHIA — VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders, announced that it has signed its 2,500th customer for its VINtekTIME® c
Oct 13, 2011
Dollar Thrifty Announces Completion of Solicitation Process
TULSA, Okla. — Dollar Thrifty Automotive Group, Inc. announced that it has formally concluded its process to solicit definitive proposals regarding a potential business combination. On August 21, 2011, Dollar Thrifty issued a letter advising
Oct 13, 2011
American Auto Auction Group Adds Florida and Alabama Auction Operations; Announces New President
CHARLESTON, South Carolina – American Auto Auction Group, LLC (AAAG) has announced the addition of eight auto auction locations to its portfolio of auction businesses with the acquisition of Your Auction, Inc. the largest independent auto auction o
Oct 13, 2011
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Group 1 Automotive Announces Acquisition and Opening of New Dealerships
HOUSTON — Group 1 Automotive, Inc., a Fortune 500 automotive retailer, announced the acquisition of David Taylor Cadillac Buick GMC in Houston and the opening of two new Volkswagen dealerships in the San Diego andBeaumont, Texas, market ar
Oct 13, 2011
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AAPC Statement on Passage of Three Free Trade Agreements
WASHINGTON –The American Automotive Policy Council (AAPC) – representing its member companies Chrysler Group LLC, Ford Motor Company and General Motors Company – applauds Congress for passing free trade agreements with Colombia, Panama and Sout
Oct 13, 2011
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New Study Reveals Growing Influence of Social Media on Automotive Purchase Decisions
Burlington, VT – Dealer.com, the global leader in automotive internet marketing solutions, in partnership with DriverSide and GfK Automotive, announced the results of a study that shows that information on social media networks – such as status u
Oct 13, 2011
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New Model Entries Drive Consumer Interest Gains in Compact Cars on AutoTrader.com
ATLANTA — New model entries in the compact car segment gained considerable increases in consumer interest on the site, according to the New Car Insights Report from AutoTrader.com for September. At the other end of the spectrum, luxury vehicles
Oct 13, 2011
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Survey: Demand Outlook for Luxury Vehicles Weakens
NEW YORK — Almost one in three luxury car owners have a more negative attitude toward purchasing another luxury vehicle in the future, this according to a recent survey conducted by TNS, a global leader in market information. With the unknown
Oct 13, 2011