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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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November proved to be another strong month for automakers, with light vehicle sales pacing at a 13.63 million SAAR — the highest rate this year, according to Autodata Corp.
Read More →U.S. consumer bankruptcy filings totaled 100,980 in November, a 12 percent decrease from the 114,587 total consumer filings recorded in November 2010, according to the American Bankruptcy Institute.
Read More →AutoNation CEO Mike Jackson will deliver the keynote address at the Washington Area New Automobile Dealers Association (WANADA)’s annual luncheon, scheduled for Dec. 7 at The Renaissance Mayflower hotel in Washington D.C.
Read More →Edmunds.com estimates that the 300,000 new-car purchases the industry missed out on over the summer will be realized in the coming weeks, with the vehicle information site predicting a notable start to 2012.
Read More →Edmunds.com said it believes December could be the best month for auto sales this year, following a trend that started in 2009.
Read More →DrivingSales announced that it has acquired Revenue Guru and will bring on founder Dennis Galbraith to lead and develop DrivingSales’ new research and data division.
Read More →Ally Financial announced that its Ally Buyer’s Choice program will be in 17 states by Dec. 12.
Read More →Commonwealth Motors' Lawrence, Mass., Honda store celebrates 20 years in business.
Read More →CNA National announced that Dino DeAngelis, former director of national sales for Gulf States Financial Services, has joined the sales team as vice president of business development.
Read More →American Auto Guardian Inc. (AAGI) announced that Jeff Teuscher was named vice president of sales.
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