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General Motors Co. entered into a three-year secured revolving credit facility of $11 billion.
Read More →United Development Systems’ Gerry Gould explains why he’s abandoned the customer interview, and offers a better way to set the tone with your customers in F&I’s Tip of the Week.
Read More →Hurricane Sandy impacts Nissan and Hyundai sales, but the industry’s seasonally adjusted annual rate remained above 14 million for the ninth consecutive month.
Read More →The Wall Street Journal reports that the U.S. distributor for Japanese manufacturer Suzuki Motor Corp. filed for Chapter 11 bankruptcy protection.
Read More →Several manufacturers are helping victims of Hurricane Sandy with special discounts on vehicles and by donating to the American Red Cross.
Read More →Reuters reported last week that Reynolds and Reynolds is mulling a sale to equity firms in a deal that could be worth $5 billion.
Read More →Hyundai and Kia voluntarily reduced their fuel economy rating after an audit by the EPA found that the carmakers overestimated their fuel ratings for new models. The company has agreed to reimburse vehicle owners to cover the additional fuel costs.
Read More →AmTrust Financial Services entered into an agreement to acquire Car Care Plan (Holdings) Limited from Ally Insurance Holdings for an estimated $70 million.
Read More →Dealer review sites, dealer websites and Facebook are the Top 3 most influential digital mediums used by car shoppers, according to Digital Air Strike’s new study.
Read More →MediaTrac is coming to the aid of dealers affected by Hurricane Sandy by offering them free e-mail campaigns to reach customers.
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