Sales & Variable OPS
Audi Rated Top Luxury Automotive Brand in 2013 Luxury Customer Experience Index
Audi today announced that it received the top overall ranking in the 2013 Luxury Customer Experience Index (LCEI), conducted by the independent and objective Luxury Institute. The LCEI is based on data collected from affluent customers who were asked to evaluate 10...
Tesla Motors Wins Lawsuit Against Auto Dealers in Massachusetts
Judge dismisses Massachusetts State Automobile Dealers Associates Lawsuit Tesla Motors won dismissal of a lawsuit brought by the Massachusetts State Automobile Dealers Association claiming Tesla was in violation of Massachusetts law by conducting sales within the...
Study: Consumer Intent to Purchase Electric Vehicles is Low, Varies By City
Bloomington, Indiana -- A study from the Indiana University School of Public and Environmental Affairs casts doubt on the Obama administration's goal of putting a million plug-in electric vehicles on the roads by 2015. But the study does find that consumers are more...
International Nameplate Automobile Dealers Announce Monthly Sales: Industry has Best Year Since 2007
Alexandria, VA – The American International Automobile Dealers Association (AIADA) today released December 2012 sales figures for the international nameplate automobile industry. AIADA represents America’s approximately 10,000 international nameplate franchises whose...
NFCC Poll Reveals Majority of Consumers Admit Financial Problems are Self-Inflicted
Washington, DC - According to the National Foundation for Credit Counseling (NFCC) December poll, when asked if their personal financial problems were self-inflicted or the result of events beyond their control, the overwhelming majority of respondents, 63 percent,...
What to Expect in Auto Dealer Compliance in 2013
2012 was a year of heightened consumer protection enforcement activity by federal regulators. The Consumer Financial Protection Bureau (“CFPB”) exercised its authority to enforce federal consumer protection laws by entering into three consent decrees with credit card...
Four Ways to Shift your Dealership Performance into ‘Overdrive’
“Dale, remember this. As the used vehicle department goes, so goes the entire dealership.” My dad offered this advice as I was taking over the used vehicle department at our Cadillac store. I don’t think his guidance was unusual for dealers of his era. In my dad’s...
AutoNation Announces December 2012 Retail New Vehicle Unit Sales of 27,958
FORT LAUDERDALE, Fla. -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today announced that its retail new vehicle unit sales in December 2012, as reported to the applicable automotive manufacturers, totaled 27,958, an increase of 15% as compared...
SFG Finance Announces Program Changes for 2013
ARLINGTON, Texas — SFG Finance LLC, a purchaser of auto paper from BHPH dealers, new car franchise dealers, finance companies, banks and credit unions, today announced two major changes in SFG’s business model for 2013. First, a new scoring model for bulk purchases...
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