Sales & Variable OPS
Direct Auto Loan Delinquencies Rise
WASHINGTON – Consumer delinquencies continued to move higher in this year’s second quarter, with nine of eleven loan categories showing slightly higher delinquencies amid weak job creation and a slowing economy, according to the American Bankers Association’s Consumer...
KAR Announces Closing of OPENLANE Acquisition
Carmel, IN - KAR Auction Services, Inc. announced that it has successfully completed the acquisition of OPENLANE, Inc. OPENLANE is a North American online automotive auction company that provides a market for online buyers and sellers of wholesale vehicles. OPENLANE...
Mercedes-Benz CPO Sales Down 8.6%
The Mercedes-Benz Certified Pre-Owned (MBCPO) program sold 5,707 vehicles in September 2011, a decrease of -8.6%. On a year-to-date basis, MBCPO sold 57,359 vehicles, a decrease of -5.9% over the comparable period last year.
Pandora Hits the Road with Toyota
OAKLAND, Calif. -- Pandora, the leading personalized radio service, revealed that automotive partner Toyota is now offering an embedded version of Pandora on the 2012 Camry and 2012 Tacoma. The Camry is America's best-selling car(i) and the Tacoma is the best-selling...
Nissan and Infiniti Dealers to Offer 3-Month SiriusXM Subscription on All Pre-Owned Vehicles with Factory-Installed Satellite Radios
NEW YORK -- Sirius XM Radio announced that participating Nissan and Infiniti dealerships across the United States will give customers a 3-month subscription to SiriusXM when they purchase any pre-owned vehicle from the satellite radio-equipped inventory of...
Report: 2011 New Credit Growth Highest in Two Years
ATLANTA -- Equifax's latest National Credit Trends Report indicates that the credit cycle has turned as new credit growth continues, with higher loan volumes on a 2011 year-to-date basis for multiple lending markets including: Automotive, Bankcard, Consumer Finance...
Average Unique Visitors to Websites in September 2011: 2,724
According to a data from Dataium, the conversion rate of the average unique visitor to shopper was up 49% during the month of September 2011. This information is based on statistics for national automotive Internet behavior for September 2011. Below are a few key...
Are you listening? Twitter users want complaints read, addressed
St. Louis – It’s no secret that social media has revolutionized how consumers communicate with businesses. Instead of complaint letters exchanged over weeks, a quick 140-character tweet can garner a direct response within minutes. A recent poll conducted by Maritz...
PPG: White is favorite color for automobiles
TROY, Mich. – White has ranked as the most popular vehicle color in the world according to data from PPG Industries, the world’s leading manufacturer of transportation coatings. Approximately 21 percent of 2011 model-year cars around the world have been white. Silver...
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