Trending Auto Retail News
Consumer Financial Protection Bureau report details how the nation’s largest credit bureaus manage consumer data
Credit cards dominate consumer reports; Debt collection tops disputes WASHINGTON, D.C. — This week, the Consumer Financial Protection Bureau (CFPB) released a report on the consumer experience with the three largest nationwide credit reporting companies: Equifax...
Group 1 Automotive Announces VW Credit, Inc. Has Joined Existing Syndicated Credit Facility
HOUSTON -- Group 1 Automotive, Inc.(NYSE: GPI),a Fortune 500 automotive retailer, announced this week that VW Credit, Inc. has signed on as a partner to its existing $1.35 billion revolving credit facility that expires in June 2016. The lenders in the syndicated...
The Digital Dealer Virtual Exposition Reaches a New Audience
The Digital Dealer Virtual Exposition concluded on December 11th after seven days of a brand new way to showcase the latest digital marketing strategies and technology solutions for franchised dealerships. However, for those of you that missed the event or would like...
Study: The Consumer Auto Finance Servicing Experience Significantly Impacts Future Lender Selection
But Has Minimal Impact on Future Dealership Selection Mercedes-Benz Financial Services; Lincoln Automotive Financial Services; Volkswagen Credit; and Ford Credit Rank Highest in Their Respective Financing Segments WESTLAKE VILLAGE, Calif. -- There is a strong...
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...
December Represents Last Of The Low Off-Lease Return Volume
According to Ricky Beggs, Managing Editor of Black Book, the credit freeze, recession and domestic carmakers’ reorganization all forced a big drop in the number of leases written in 2008-09. Chrysler stopped leasing altogether for a period, and both Ford and GM slowed...
J.D. Byrider opens Memphis location
MEMPHIS, Tenn. – Memphis-area residents have another option for purchasing used cars now that a new J.D. Byrider location is open at 2580 Mt. Moriah Road. The 30,900 square-foot location offers used car sales, financing and a customer service center. The new store is...
Used Depreciation Improves Considerably in November
According to December's edition of Guidelines, NADA Used Car Guide's monthly market update, used depreciation improved in November. Click here to download a PDF of Decembers edition of Guidelines NADA Official Used Car Guide Update: - Used Depreciation...
Ford C-MAX Hybrids Outsell Toyota Prius Plug-in and Prius v
Named Official Car for 2013 International CES DEARBORN, Mich. – Customers are reacting positively to the new Ford C-MAX Energi plug-in hybrid and C-MAX Hybrid, which combined to outsell Toyota Prius plug-in and Prius v during November, the first full month both C-MAX...
Which Auto Brand Was Most Searched on Google in 2012?
According to The Detroit News, Google ranked Ford Motor Company as the most searched brand in 2012. Rounding out the top 10 most searched auto brands was Honda, Toyota, Lincoln, Dodge, Nissan, BMW, Jeep, Chevrolet and Audi the story said. Click here to read the full...
Manheim’s Simulcast Now Available on Mac
The Real-Time Audio and Video Virtual Auction Platform Can Now be Used on Multiple Browsers on a PC or Mac® ATLANTA – The world’s largest vehicle wholesale auction marketplace just got bigger with the release of the Simulcast multi-browser feature, which enables...
New Chevrolet Silverado and GMC Sierra Pickups Revealed
DETROIT – Chevrolet and GMC today unveiled the all-new Silverado and Sierra 1500 pickups, designed to be the most refined, best engineered full-size pickups in the market. Among the many updates for 2014 are dramatic new designs inside and out for each brand; a trio...
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