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Latest in: Sales and Finance

Ford Motor Company Declares Third Quarter Dividend

DEARBORN, Mich. – The Board of Directors of the Ford Motor Companytoday declared a third-quarter dividend of $0.05…

News July 12

Group 1 Automotive Board Authorizes New $50 Million Share Repurchase Program

HOUSTON — Group 1 Automotive, Inc. (NYSE: GPI), a Fortune 500 automotive retailer, recently announced that its board of directors…

News July 12

Credit Acceptance Announces Final Results of Tender Offer

Southfield, Michigan — Credit Acceptance Corporation  (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced…

News July 12

Survey: Banks Will Expand Lending to Car Buyers with Damaged Credit

Bankers expect credit delinquencies to stabilize but student lending troubles to persist MINNEAPOLIS — In FICO’s quarterly survey…

News July 12

Wholesale Prices Fall by 1.7% in June

Below please find highlights from the June 2012 NADA Official Used Car Guide Update: –Wholesale Prices Fall by…

News July 12

Hertz Introduces Porsche Sports Cars Into Its U.S. Fleet

Hertz becomes the first U.S. car rental company to purchase vehicles from PorschePARK RIDGE, N.J. — The Hertz Corporation…

News July 12

Chevrolet, Buick and GMC CPO Sales Up 1.3%

Below please find sales numbers for General Motor’s certified pre-owned vehicles: Chevrolet, Buick, GMC June 2012: Month end…

News July 12

Are your Trade Secrets Protected?

Anyone involved in the auto industry knows that employees tend to relocate within the industry frequently. This is…

News July 12

Three Ways to Re-think Reconditioning and Improve Profitability

I was always taught that a dealer should never apologize for anything when it came to used vehicles.…

News July 12

Right to Repair Submits Final Signatures to Place Pro-Consumer Initiative on the Ballot

Day before Deadline, 16,000 Certified Voter Signatures Delivered to Secretary of State; New Car Dealers Affirm Support BOSTON…

News July 9