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Auto Retail News
Digital Dealer covers the latest news affecting auto dealerships and their dealers. Additionally, it provides expert commentary from those in the industry, including vendors supplying the latest technology used at dealerships.
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Insights
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…
Dealer News
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…
Dealer News
Deloitte Consumer Spending Index Sinks to Lowest Level Since May 2009
NEW YORK — The Deloitte Consumer Spending Index (Index) plunged in September to its lowest level since May 2009, primarily due to a significant fall in home prices and deterioration in real wages.…
Dealer News
