Sales & Variable OPS
Consumer Financial Protection Bureau proposes allowing companies to run trial disclosure programs
Bureau Reaffirms Commitment to Improved Consumer Disclosures through its Project Catalyst Initiative WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced its proposed policy to allow companies to test new consumer disclosures on a case-by-case...
10 Best Car Deals Of The Month
Editors Highlight Enticing Offers On New Cars Projected To Best Hold Value IRVINE, Calif. -- Because considering resale value down the road is an important part of getting a good deal when buying a new car today, KBB.com is featuring the 10 best deals currently...
Consumer Financial Protection Bureau report details how the nation’s largest credit bureaus manage consumer data
Credit cards dominate consumer reports; Debt collection tops disputes WASHINGTON, D.C. — This week, the Consumer Financial Protection Bureau (CFPB) released a report on the consumer experience with the three largest nationwide credit reporting companies: Equifax...
Group 1 Automotive Announces VW Credit, Inc. Has Joined Existing Syndicated Credit Facility
HOUSTON -- Group 1 Automotive, Inc.(NYSE: GPI),a Fortune 500 automotive retailer, announced this week that VW Credit, Inc. has signed on as a partner to its existing $1.35 billion revolving credit facility that expires in June 2016. The lenders in the syndicated...
The Digital Dealer Virtual Exposition Reaches a New Audience
The Digital Dealer Virtual Exposition concluded on December 11th after seven days of a brand new way to showcase the latest digital marketing strategies and technology solutions for franchised dealerships. However, for those of you that missed the event or would like...
Study: The Consumer Auto Finance Servicing Experience Significantly Impacts Future Lender Selection
But Has Minimal Impact on Future Dealership Selection Mercedes-Benz Financial Services; Lincoln Automotive Financial Services; Volkswagen Credit; and Ford Credit Rank Highest in Their Respective Financing Segments WESTLAKE VILLAGE, Calif. -- There is a strong...
ADESA Monthly Analysis: Current Used Vehicle Market Conditions
The following commentary is produced monthly by Tom Kontos, Executive Vice-President, ADESA Analytical Services. ADESA is a leading provider of wholesale used vehicle auctions and ancillary remarketing services. As part of the KAR Auction Services family, ADESA works...
December Represents Last Of The Low Off-Lease Return Volume
According to Ricky Beggs, Managing Editor of Black Book, the credit freeze, recession and domestic carmakers’ reorganization all forced a big drop in the number of leases written in 2008-09. Chrysler stopped leasing altogether for a period, and both Ford and GM slowed...
J.D. Byrider opens Memphis location
MEMPHIS, Tenn. – Memphis-area residents have another option for purchasing used cars now that a new J.D. Byrider location is open at 2580 Mt. Moriah Road. The 30,900 square-foot location offers used car sales, financing and a customer service center. The new store is...
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