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Alliance Financial’s Indirect Auto Loan Balances Down

SYRACUSE, N.Y. — Alliance Financial Corporation (“Alliance” or the “Company”) (NasdaqGM: ALNC), the holding company for Alliance Bank, N.A., announced an 18.7% increase in net income for the quarter endedSeptember 30, 20
Oct 21, 2011

Used Prices to Drive New Car Sales in Fourth Quarter

MCLEAN, Va. — Above average trade-in values for used cars are expected to increase new vehicle sales in the fourth quarter, says Jonathan Banks, senior analyst with the National Automobile Dealers Association (NADA) Used Car Guide. “We ex
Oct 21, 2011
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GM: Record 1.2 Million Chevrolets Sold in Third Quarter of 2011

DETROIT – Chevrolet sold 1.2 million vehicles globally in the third quarter, the best July-to-September results in the brand’s 100-year history. In the first nine months of 2011, Chevrolet sold 3.6 million vehicles globally, positioning the brand
Oct 21, 2011

Chase Partners with Aston Martin on New Financing Program

GARDEN CITY, NY – Chase Auto Finance and Aston Martin the Americas announced today an expansion of their relationship with Chase becoming the exclusive provider of financing for Aston Martin’s first U.S. retail subvention program. Chase’
Oct 21, 2011
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AutoNation’s Retail Used Vehicle Revenue Increased 7%

FORT LAUDERDALE, Fla. — AutoNation, Inc. (NYSE: AN),America’s largest automotive retailer, today reported 2011 third quarter net income from continuing operations of $71 million, or $0.48 per share, compared to net income from contin
Oct 21, 2011

AuctionTime.com Conducting 9 Online Auctions Through the End of 2011

LINCOLN, Neb. — AuctionTime.com, your source for farm equipment, construction equipment, truck and trailer online auctions, is hosting 9 online auctions on Wednesdays throughout the rest of 2011. Auctions end every Wednesday on AuctionTime.com
Oct 21, 2011

SideCars Inc. Offers a Clarification on Western Insurance Company’s Liquidation

JOPLIN, Mo. — SideCars, Inc., a leading reinsurance administrator for CPI program for dealers who operate their own captive insurance companies, released its statement today in light of recent news regarding Western Insurance Company’s c
Oct 21, 2011

Santander Incorporates New Partners in Santander Consumer USA and Realizes a Capital Gain of Approximately $1 Billion

BOSTON — On October 20, 2011, Santander Holdings USA, Inc. (“SHUSA”) and Santander Consumer USA Inc. (“SCUSA”), a majority-owned subsidiary of SHUSA, entered into an investment agreement (the “New Investor Investme
Oct 21, 2011

Asbury Automotive Group Announces New $900 Million Senior Credit Facility

DULUTH, Ga. — Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today announced that it has entered into a new $900 million five-year syndicated credit facility with nine financial institutio
Oct 20, 2011