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NewsMay 8, 2012

Manheim Index Inches Down in April

Wholesale used-vehicle prices declined marginally in April, according to the Manheim Used Vehicle Value Index, which stood 126.1 vs. 126.2 in March.

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NewsMay 8, 2012

MBFS Announces Executive Management Changes

Matthew E. Roy is appointed the new vice president of human resource and administration for Mercedes-Benz's captive finance arm, while Michelle D. Spreitzer succeeds Roy as vice president, general counsel and corporate secretary.

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NewsMay 3, 2012

Mosley to Host Eighth Annual Online Sales Success Workshop

Mosley Automotive Training will stage its eighth annual Online Sales Success Workshop on June 19 at the Water Club, located at the Borgata Hotel and Casino in Atlantic City, N.J.

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NewsMay 3, 2012

ING Acquisition, Auto Lending Boost Earnings for Cap One

Capital One's total revenue from its legacy portfolio grew 5.2 percent from the sequential quarter thanks to strong growth in auto loans as well as strong auto finance originations during the quarter.

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NewsMay 3, 2012

Quarterly Earnings Up for GM Financial

General Motors Financial Co. reported net income of $112 million for the quarter ending on March 31, compared to $77 million for the year-ago period.

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NewsMay 3, 2012

April a Mixed Bag, SAAR at 14.42 Million Units

Total light vehicle sales were up 10.3 percent from a year ago and 14.9 percent vs. March, according to AutoData, which put the seasonally adjusted annual rate at 14.42 million units.

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NewsMay 1, 2012

Hudson Cook Adds Former FTC Exec as Partner

Hudson Cook LLP announced today that it has added Joel Winston as partner in its Washington, D.C., office. He worked for the Federal Trade Commission from 1976 to 2011.

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NewsMay 1, 2012

Asbury's Digital Marketing Efforts Highlighted in Google White Paper

Asbury's digital marketing efforts were highlighted in Google's recently release white paper, which details how the dealer group increased its website lead conversions by 10,000 per month.

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NewsMay 1, 2012

April Sales Up 2.1 Percent, KBB Estimates

Despite three fewer selling days in April, industry sales were up 2.1 percent vs. a year ago, Kelley Blue Book estimates

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NewsMay 1, 2012

Transaction Prices Fall in April, TrueCar Reports

Transaction prices are falling, with TrueCar reporting that the average transaction price fell by $445 from last month.

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