
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
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Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
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The magazine’s reader survey reveals that average profit per new vehicle retailed still hovers around $800, and that F&I managers are averaging approximately two products per deal.
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The auto finance industry is surging after a third quarter in which all lending segments increased their originations for the high-risk tiers.
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The magazine’s resident legal wiz says a reader was right to be suspicious of a buyer whose cosigner only existed on paper. Read on for more details.
Read More →Ford Motor Company took top honors for the second year in a row during the 16th annual Polk Automotive Loyalty Awards.
Read More →A report by Equifax indicated that U.S. consumers continue to make timely payments and pay down their retail credit card and bank card balances, resulting in a significant drop in the number of card write-offs vs. 2010 levels.
Read More →Oklahoma became the latest state to put the brakes on TrueCar, with the state’s motor vehicle commission deeming the service in violation of the state’s dealer licensing laws.
Read More →Priority One Financial Services Inc. will commemorate its 25th anniversary in business as an F&I outsourcing provider for the recreational industry by honoring its dealer partners, according to the company.
Read More →Southeast Toyota Distributors LLC announced the promotions of Kevin Fleeger to group vice president of operations and Wayne Crater to vice president of parts supply and distribution.
Read More →A study by J.D. Power and Associates revealed that striking the right combination of model offerings and vehicle appeal is critical to retaining customers.
Read More →AutoNation Inc. reported that new-vehicle unit sales in December 2011 totaled 24,342 units, an increase of 11 percent year over year.
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