
Dealerships Are Paying the Price for Extended Car Loans
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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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.
Read More →NADA economist Paul Taylor anticipates an increase in new-vehicle sales as inventory levels rise and gas prices drop through the beginning of July.
Read More →Several indicators in the first few weeks of June, including floor traffic, incentives levels and closing ratios, point to a rough road ahead for sales this month, according to CNW Research’s latest Retail Automotive Summary.
Read More →Former Ford executive Gerhard Geyer’s book, "Ford Motor Company: The Greatest Corporate Turnaround in U.S. History," explains how the automaker avoided bankruptcy during the recent recession.
Read More →Effects of the March 11 earthquake on Japan’s east coast reflected in the automaker’s FY2012 estimates.
Read More →Ally Financial Inc. announced that it will be partnering with TIME’s Dealer of the Year awards program for 2012.
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The new showroom layout includes well-lit displays, a customer lounge, a coffee bar, and contemporary architecture made with premium materials.
Read More →The American International Automobile Dealers Association (AIADA) and its Affinity Partner NADA Used Car Guide will offer a free Webinar this month that focuses on the appraisal process.
Read More →DealerTrack Canada Inc. today announced the addition of Desjardins Group onto the DealerTrack Canada Network. Cooperative financial group Desjardins will now be able to receive electronic credit applications from all of its authorized automotive, RV and powersport dealers throughout Québec.
Read More →GM Financial announced the pricing of a $1 billion offering of automobile receivables-backed securities through lead managers Barclays Capital, RBS and Wells Fargo Securities.
Read More →May saw sales increases for Chrysler, GM and Mercedes-Benz, while Ford sales stayed consistent with the year-ago period. Due to parts and production shortages in Japan, import brands Honda, Nissan North America and Toyota Motor Sales all saw decreases compared with May 2010 sales.
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