Sales & Variable OPS
AAIA Joins Coalition in Urging President to Prevent East and Gulf Coast Port Strike
BETHESDA, MD – The Automotive Aftermarket Industry Association (AAIA) joined 107 local, state and national trade associations today in a letter to President Obama, expressing concern over a potential East and Gulf Coast port strike. The letter urges immediate action...
FIS Selected by VW Credit, Inc. to Support North American Loan and Lease Processing
JACKSONVILLE, Fla. − FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, announced that VW Credit, Inc. (VCI) will deploy FIS’ AutoSuite™ automotive finance solution for its North American loan and lease processing. VCI will also deploy...
Goldman Sachs Affiliate Acquires Safe-Guard
Atlanta, GA – Safe-Guard Products International, LLC (“Safe-Guard” or the “Company”), a leading provider of finance and insurance (“F&I”) products to the automotive industry, announced today that an affiliate of Goldman Sachs, in partnership with management, has...
Congress Repeals Obsolete Insurance Booklet Mandate at Dealerships
WASHINGTON – Senators approved today a bipartisan bill, H.R. 5859, which eliminates an unnecessary mandate that requires new-car dealerships to keep an obsolete insurance booklet on hand or face a hefty fine. The legislation, endorsed by the National Automobile...
Create a 2013 Digital Marketing Strategy While You Are Home for the Holidays
While you enjoy the holiday season this year, if you find yourself with a few moments of downtime, you can always learn how to sell and service more vehicles more profitably. The live portion of the Digital Dealer Virtual Exposition ended last week, but the top eleven...
Lithia Motors Increases Credit Facility to $800 Million
MEDFORD, OR-- Lithia Motors, Inc. (NYSE: LAD) announced today that it has increased its existing revolving syndicated credit facility by $150 million, bringing the total availability to $800 million. The facility includes 10 institutions and will expire in April 2017....
CUDL, Vero Showcase Growing Suite of Dealer Solutions at the 2013 NADA
Owners of Credit Union Industry’s Largest Auto Lending Network and Leading Aftermarket Solutions to Promote Expanding Line-up of Products and Services to Help Dealers Retain Customers and Increase Profits Ontario, CA -- CUDL , administrators of the nation’s largest...
Big Cash Rebates, Great Deals Available On Remaining 2012 Model-Year Inventory
KBB.com Identifies Vehicles with Sizeable Discounts, Based on Kelley Blue Book® Fair Purchase Price IRVINE, Calif. -- Consumers typically can find the best deals of the year in December, and this year should be no different, according to Kelley Blue Book www.kbb.com,...
Santa to Swap Outdated Ride for 30-MPG-Plus Ford Transit Connect Wagon Sleigh with Leading Cargo Rating
DEARBORN, Mich.– Ford is helping Santa Claus save future Christmases with an all-new 2014 Transit Connect Wagon sleigh. Due to larger-than-ever numbers of children on his “nice” list, Claus needed a new sleigh with maximum fuel economy and cargo space to efficiently...
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