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Penske is extending its footprint into Wisconsin with the acquisition of two dealerships. Officials say the locations should contribute annualized revenues of approximately $130 million.
Read More →Tesla is faced with lawsuits from dealer associations in the states of New York and Massachusetts, and the NADA shares why Tesla’s model doesn’t work.
Read More →Based on the first nine months of 2012, DealerTrack says it expects franchised dealers to end the year with 14.3 million new cars sold.
Read More →The Consumer Financial Protection Bureau’s No. 2 official will depart after a new set of mortgage rules is finalized, The Wall Street Journal reports.
Read More →In its new study, Frost and Sullivan expects the auto finance market’s annual lending value to grow from $340.77 billion last year to $440.21 billion by 2018. But the industry will need to address a few market dynamics to realize that expectation, the firm adds.
Read More →Cars.com named Kevin Steele, the site’s former senior director of enterprise services, as its new vice president of technology.
Read More →DataScan will perform pre- and post-term lease inspections for General Motors’ captive finance company.
Read More →What do an aluminum water bottle and a cell phone casing have in common? They can both be used to sell dent-and-ding as well as a service contract. United Development Systems’ Gerry Gould explains in F&I's Tip of the Week.
Read More →Society for Financial Education and Professional Development recognizes Ally Financial with inaugural community service award.
Read More →The aftermarket accessory supplier partners with AddOnAuto Digital Dealer Supplier Network to help Car Toys' dealers market and sell accessories.
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