Trending Auto Retail News
Manheim Used Vehicle Value Index Hits Record High in May
Manheim Consulting's monthly auto industry brief reported May 2011 reported wholesale used vehicle prices hit a record high for the month. The Manheim Used Vehicle Value Index in May jumped 5.6% compared to a year-ago (up to 127.8 in May 2011, compared with 121.0 in...
Year-to-Date Sales of GM Certified Used Vehicles on the Rise
GM Certified Used Vehicles reports 20,914 sales of Buick, Chevrolet, GMC, Pontiac and Saturn vehicles, a 6% year-to-date sales increase for calendar year 2011. Compared to May 2010, sales decreased 10.6%. Concurrently, Cadillac Certified Pre-Owned Vehicles...
Interview with April Ancira, Vice President, Ancira Auto Group
At Ancira Auto Group, it???s all about sharing ??? sharing data and business goals openly with its 550 employees, sharing its spirit of family across 11 dealerships, sharing responsibility with employees for belt-tightening in tough times, and sharing community spirit...
GM Financial to Help Out Dealer Credit More
According to The Detroit News, Daniel Akerson, General Motor Co.???s CEO, said he wants to make GM Financial more available to some of its dealers. According to the story, Akerson wants some of its dealers to be able to stock their dealership lots by borrowing money...
Chrysler Announces Special ???0 for 60??? Financing Offered in June on Ram Pickup Trucks
Auburn Hills, Mich. - Chrysler Group LLC announced special June financing on its 2011 Ram 1500 pickup trucks. Qualified consumers who purchase a Ram 1500 Regular, Quad or Crew Cab pickup truck may be eligible for 0 percent financing for up to 60 months, and $1,000 in...
American Bankruptcy Institute: May Consumer Bankruptcy Filings Fall 16% from Last Year
Alexandria, Va. ??? May consumer bankruptcies decreased 16 percent nationwide from May 2010, according to the American Bankruptcy Institute (ABI), relying on data from the National Bankruptcy Research Center (NBKRC). The data showed that the overall consumer...
Hyundai Launches Accessories Sales Programs Powered by Insignia
Irvine, CA ??? Looking to capitalize on increasing vehicle sales and market share, Hyundai Motor America has announced the launch of an in-store accessories sales program to be facilitated through MOBIS Parts America and powered by Insignia Group, LC, the industry...
Maserati North America Selects Ally Financial as Preferred Finance Source
ENGLEWOOD CLIFFS, N.J. -- Maserati North America has selected Ally Financial to be its official preferred financing provider for Maserati vehicles in the U.S. and Canada. Ally Financial will offer wholesale financing and insurance for dealers, and retail...
Mercedes-Benz Financial Services USA LLC Announces Top Management Changes
FARMINGTON HILLS, Mich. -- Mercedes-Benz Financial Services USA LLC announced top management changes at the company. Franz Reiner, currently President and CEO with operational responsibilities for the Americas (USA, Canada, Argentina, Brazil and Mexico) will lead the...
No Appointment — No Retention — No Honey
So, I get a call from a good-sized import client I had restructured in service about ten years ago. "Quick service is out of control...customer retention is down, the repair order count is behind year-to-date, cars are lined up--shop output percentage is down -...
Technology – The Cure for Data Entry Woes
In the automotive industry and beyond, there is a plethora of different CRM choices. Visiting any of the trade shows geared towards dealers would provide a quick education on the daunting range of offerings. Some CRM products are basic, while others are full featured...
‘So, you Think I’m Old School…’
Well, I’m certainly glad I am. It’s interesting to me hearing people talk about going green, new technologies, and that we need to take items and use them more frugally, etc., etc. When I was growing up we had milk bottles delivered to the door (which created a few...
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