Sales & Variable OPS
SFG Finance Enjoys Significant Year-over-Year Volume Increases; Recruits Three Industry Veterans to Help with Future Expansion
ARLINGTON, TX — SFG Finance LLC, a purchaser of auto paper from BHPH dealers, new car franchise dealers, finance companies, banks and credit unions, today announced that it has enjoyed significant year-over-year increases in volume and has added three industry...
Study Reveals that Dealer-Branded Prepaid Maintenance Programs Boost Customer Retention and Service Up-sell
San Ramon, CA – Dealer-branded prepaid maintenance (PPM) programs that are 100 percent funded by customers are boosting service revenue by 15 percent and customer retention to 60 percent (and even higher). These findings and other auto dealer reports are featured in a...
Auto Dealer Salespeople Consider Price Most Troubling Part of Sales Negotiation According to Joe Verde Sales and Management Training Poll
ORANGE COUNTY, CA – Joe Verde Sales & Management Training, Inc., (JVSMT) today announced that according to a recent poll of auto dealer salespeople, price is perceived to be the most troubling part of the sales negotiation process. An informal poll posted on...
PORSCHE, CADILLAC LEAD AUTOMOTIVE BRAND LOYALTY IMPROVEMENTS IN FIRST QUARTER, ACCORDING TO POLK
SOUTHFIELD, MI – Recent analysis of repeat buying behavior from Polk during the first quarter of 2013 finds average new vehicle brand loyalty rates increasing to 51.5 percent, up more than 2 percentage points over the same time period last year. Thirteen brands...
KBB.com Named Online Auto Shopping Brand Of The Year In 2013 Harris Poll EquiTrend® Study For Second Consecutive Year
IRVINE, CA - For the second year in a row, KBB.com was awarded Online Auto Shopping Brand of the Year by the 2013 Harris Poll EquiTrend study, announces Kelley Blue Book www.kbb.com, the leading provider of new and used car information. The Harris Poll Brand of the...
New Credit for Auto Loans Currently at Highest Level in Eight Years, Equifax Reports
ATLANTA - According to Equifax' latest National Consumer Credit Trends Report, $69.6 billion in new credit for auto loans was originated in January and February 2013, the highest level in more than eight years and more than 70% higher than the recession low of $40.2...
Chrysler Recalls 630,000 SUVs & Jeeps Worldwide
According to NBC News, Chrysler recalls 630,000 SUVs and Jeeps worldwide. Just two days after refusing a government request to recall 2.7 million older-model Jeeps, Chrysler has decided to do two other recalls totaling 630,000 vehicles worldwide. The automaker will...
Compliance Certification Program
FORT WORTH, TX - The National Automotive Finance Association (NAF) Association is offering a Consumer Credit Compliance Officer Certification Program to assist finance companies in meeting the increasingly difficult challenge of complying with federal and state...
Experian Automotive: Auto leasing reaches record high
Schaumburg, IL — Experian Automotive today announced that new vehicle leasing rose by 12.5 percent to achieve the highest level since it began tracking the data in 2006. According to its State of the Automotive Finance Market report, leasing accounted for a record...
Join us for Digital Dealer Las Vegas 2021