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Asbury Automotive Group Inc. announced that it has entered into a $900 million credit facility that will provide up to $625 million for new-vehicle inventory floorplan financing and up to $100 million for used vehicle inventory floorplan financing.
Read More →Chase Auto Finance is now the exclusive provider for Aston Martin’s first U.S. retail subvention program.
Read More →Vets-Cars Group has introduced the Vets-Shield Command Care, a service contract geared toward active and former military personnel and their families.
Read More →A survey conducted by Auto/Mate Dealership Systems revealed that social media and mobile apps are the two areas receiving the most interest from dealers.
Read More →Southside Financial Group announced the launch of a nationwide program to purchase existing nearprime and subprime auto loan portfolios ranging from $500,000 to $40 million.
Read More →Kelley Blue Book reported that Hyundai upheld its No. 1 spot for brand loyalty on its Website at 48 percent, with Toyota nearly closing in at 47.9 percent and Subaru at 45.9 percent.
Read More →GM Financial will become a player in the commercial lending segment by the end of the first quarter 2012, according to statements made yesterday by the company’s president and CEO, Dan Berce.
Read More →Huntington officials expect to pick up more than 400 dealers through its expansion into Wisconsin and Minnesota.
Read More →AutoTrader.com’s New Car Insights Report for September indicated that new-model entries in the compact car segment gained considerable increases in consumer interest on the site.
Read More →A survey by TNS indicated that almost one in three luxury car owners have a more negative attitude toward purchasing another luxury vehicle in the future.
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