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Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
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Ford Motor Credit Company reported net income of $1.8 billion in 2011, compared with $2 billion a year earlier. On a pre-tax basis, Ford Credit earned $2.4 billion in 2011, compared with $3.1 billion in the previous year.
Read More →Hyundai topped the rankings for the third consecutive time in the NADA’s Dealer Attitude Survey. Subaru and Lexus came in at No. 2 and 3, respectively.
Read More →Significant interest in full-size trucks is a positive indication that the economy is on the mend, according to AutoTrader’s New Car Insights Report for January.
Read More →J.D. Power and Associates and LMC Automotive project January new-vehicle sales to be at 681,000 units, a 6 percent year-over-year increase.
Read More →A survey by the Consumer Reports National Research Center revealed that the difference perceived between the top car brands and the challengers is shrinking.
Read More →Kelley Blue Book analysts project January new-vehicle sales to pace at a 13.2 million seasonally adjusted annualized rate, and lists the European debt crisis and heightened tensions with Iran as threats to industry sales this year.
Read More →Legislation aimed at eliminating a 10-year-old cap on markups of certain F&I products was sent to Gov. Tom Corbett’s office yesterday after passing the Pennsylvania General Assembly. He is expected to sign the legislation into law in 10 days.
Read More →F&I Coach John Vecchioni details a simple and effective process for introducing customers to the service department.
Read More →Auto/Mate Dealership Systems announced a 20 percent increase in new auto dealer clients in 2011, as well as a record number of new installations.
Read More →AutoUSA Internet Sales Solutions announced it will feature its new product line-up at the NADA Convention and Expo in booth No. 1415.
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