Sales & Variable OPS
Hertz Obtains FTC Clearance For Dollar Thrifty Acquisition
PARK RIDGE, N.J. -- Hertz Global Holdings, Inc. (NYSE: HTZ) announced that it has reached an agreement with the U.S. Federal Trade Commission (FTC) allowing Hertz to complete its acquisition of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG). Under the terms of the...
Best States to Save Money on Car Insurance
Foster City, CA – Car insurance rates in Ohio are among the nation’s lowest, but a new analysis by CarInsurance.com shows that it’s nonetheless the state where drivers who compare car insurance quotes potentially can save the most money. A review of rates for every...
Chrysler Group LLC Invests $240 Million to Increase Engine Production and Adds 1,250 Jobs at Detroit-area Facilities
Detroit - Chrysler Group LLC announced today that it will invest nearly $240 million to increase engine capacity and add about 1,250 new jobs at several Michigan facilities, reaffirming the Company’s commitment to growing its operations in southeast Michigan. Chrysler...
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...
GM Financial Announces $1.0 Billion Senior Subordinate Asset-Backed Securitization
FORT WORTH, Texas -- GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”), announced the pricing of a $1.0 billion offering of automobile receivables-backed securities through lead managers Barclays, Credit Suisse, J.P. Morgan and Morgan Stanley....
Manheim Names Racquel White as Vice President, Communications and Corporate Affairs
Company Increasing Focus on Communications to Drive Business and Engage Customers and Stakeholders. ATLANTA – Manheim announces the appointment of Racquel White to the position of vice president of communications and corporate affairs. In her role, White will lead the...
OneCommand Introduces DriveWay EnvyTM
OneCommand Announces New Solution for Auto Dealers to Reach Untapped Potential New Buyers Mason, OH – OneCommand, the leading marketing automation platform for auto dealers, announces the launch of its new solution that allows dealers to reach potential new car...
Digital Air Strike Approved as a General Motors’ Reputation Management Certified Partner
SUNNYVALE, Calif. -- Digital Air Strike™, the nation’s leading automotive social media, online reputation and lead-response company, has been approved by General Motors (GM) as a certified Reputation Management partner. Digital Air Strike is offering a new reputation...
Prius recall won’t impact Toyota sales, but might help Ford
Arthur Wheaton, an expert on the automotive industry and senior extension associate at Cornell University’s ILR School, comments on the potential impact of Toyota’s most recent recall of 2.8 million cars. He says: “The Toyota recall of 2.8 million cars worldwide is...
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