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General Motors announced last week that it concluded the dealer arbitration process and that effective Nov. 1, it will have a network of about 4,500 U.S. dealerships to sell and service customers for Chevrolet, Buick, GMC and Cadillac vehicles.
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Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,753 per vehicle sold in July 2010, up $63, or 2.3 percent, from June 2010, and up $67, or 2.5 percent, from July 2009.
Read More →VSCAC Conference touts expanded agenda and an insider’s look at the rise and fall of US Fidelis.
Read More →The exclusive agent-only symposium will take place Monday, Sept. 13, 2010, at the Paris Las Vegas hotel and casino.
Read More →Zhejiang Geely Holding Group Co. Ltd. (Geely Holding Group) announced Monday that it completed the acquisition of Volvo Car Corporation (Volvo Cars) from Ford Motor Company.
Read More →Ally Financial Inc. (Ally) said in a preliminary report that it achieved its second quarter of profitability, as well as its sixth profitable quarter for its core automotive business.
Read More →Open Dealer Exchange LLC has partnered with Westlake Financial Services to allow credit application integration directly within the dealer’s dealership management system (DMS).
Read More →Lenders who are successful in satisfying automotive dealers by meeting key performance expectations are more likely to capture a greater share of preferred loan applications from their dealer network, according to the J.D. Power and Associates 2010 U.S. Dealer Financing Satisfaction Study.
Read More →More new-vehicle buyers are turning to third-party automotive Websites for information before making a purchase, according to the 2010 Web Site Performance Tools Report-Wave 1 conducted by J.D. Power and Associates and Compete Inc.
Read More →Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc., introduced its “Accessories Essentials,” an online accessories selling solution that can be integrated with any dealer’s Website to create a virtual accessories department.
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