Sales & Variable OPS
General Motors’ Putting the Brakes on EBE Facility Requirements
It appears that all the push back from dealers has paid off. At the time I write this article, General Motors is issuing two-year extensions to the deadline for dealers to complete their Essential Brand Elements facility upgrades. It is not yet clear whether GM is...
Study Confirms Growing Desire for Fuel Efficiency When Buying a New Vehicle
MIAMI -- A national survey shows fuel economy has jumped dramatically in the last decade to become a primary reason to buy nearly every kind of vehicle, underscoring Ford's plan for leading fuel efficiency with every new car, utility and truck it introduces. Fuel...
Bankrate: Only 17% of Americans Report Better Financial Situation than One Year Ago
NEW YORK -- Bankrate.com's Financial Security Index slumped in October, falling to 92.8 from 93.9, and is now at its second-lowest level of the year. Any reading below 100 indicates feelings of less financial security relative to 12 months ago. "The weak economy,...
America’s Car-Mart Continues Growth – Now Operating 111 Dealerships
Bentonville, Arkansas -- America’s Car-Mart, Inc. announced the opening of its newest dealership. The dealership is located in Phenix City, Alabama. "Phenix City is our 10th dealership in Alabama. We have had great success in Alabama and expect to continue to grow our...
Lexus Captures the Highest Perceived Quality Rating for Alternative Fuel Vehicles
SANTA BARBARA, Calif. -- Lexus captured the highest Perceived Quality rating for alternative fuel vehicles with an overall PQS of 89.8 (out of 100), according to the Fall 2011 Perceived Quality Study (PQS) from ALG, a subsidiary of TrueCar, Inc. and the industry...
Ally Financial Launches Innovative Vehicle Financing Product
DETROIT -- Ally Financial Inc. launches Ally Buyer's Choice, an industry-first product offering for U.S. dealers and customers on new 2011 and 2012 General Motors and Chrysler vehicles. Ally Buyer's Choice is an innovative financing product that delivers the best of...
AOA Supplier Digital Network Launches: Aftermarket Suppliers Join Digitally with Dealerships to Increase Accessories Sales
Las Vegas, NV -- izmocars announced that it will unveil the revolutionary AOA Supplier Digital Network at this week's 2011 SEMA show in Las Vegas. The new network solves the multiple coordination challenges between auto dealers and aftermarket suppliers and is an...
AAPC Condemns Japanese Intervention to Weaken the Yen
Washington, D.C. - The American Automotive Policy Council (AAPC) which represents —Chrysler Group LLC, Ford Motor Company and General Motors Company—condemn Japan’s intervention to weaken the yen. This is the third intervention so far this year, and Japan’s Finance...
Engine Fire Risk Prompts Recall
BMW is recalling a little over 30,000 vehicles from the 2008 to 2011 model years to fix a problem with the circuit board for the water pump, The National Highway Traffic Safety Administration’s website said. The circuit board could overheat and cause an engine fire,...
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