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Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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SEARCHMENUSEARCHLast month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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The AutoMD.com report indicated that extended vehicle ownership is becoming a more common habit regardless of where the economy is in its recovery.
Read More →Eos Group Inc. will bring it’s extended vehicle service contracts to Tuttle-Click Automotive Group’s customers in Southern California and Arizona.
Read More →Prestige Financial’s $150 million funding facility with Wells Fargo Securities has a renewable one-year term and will assist Prestige in growing its loan portfolio and completing periodic asset-backed securitizations.
Read More →Black Book Online’s lead-generator tool will be featured on 52 of Asbury Automotive Group’s Websites. The module collects information such as the make and model a consumer is interested in, the value of the customer's trade-in and an estimate of the customer’s credit score.
Read More →U.S. consumer bankruptcy filings decreased 8 percent nationwide during the first six months of 2011, according to the American Bankruptcy Institute (ABI).
Read More →The Union of Concerned Scientist’s Hybrid Scorecard rankings named Toyota- and Ford-built hybrids as the top models on its annual list.
Read More →A study by TrueCar.com showed that Generation Y buyers tend to lean toward Scion, Mitsubishi and Mazda brands.
Read More →Group 1 Automotive’s syndicated credit facility will provide $1.1 billion for inventory floorplan financing and $250 million for working capital, acquisitions and general corporate purposes.
Read More →First quarter originations shot up 21 percent from the same period last year, with March originations eclipsing what was recorded during the Cash for Clunkers summer of 2009.
Read More →Dealix will be the exclusive provider of the new-car quote and dealer selector platform for NADAguides.com.
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