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An analysis of 2010 year-end automotive loyalty rates finds Ford Motor Company ended the year with a 63.1 percent owner loyalty rate, the highest among vehicle manufacturers, according to Polk.
Read More →Finance Express, provider of Web-based financial services for independent auto dealerships, has entered into a contract with Wayne Reaves Software that will allow the software company’s dealers to access Finance Express’ lender portal.
Read More →Veratad Technologies LLC, a provider of identity verification and compliance solutions, announced that its Red Flags Rule and ID verification solutions will be offered to all VisionMenu Inc. dealerships nationwide.
Read More →Norman & Company Inc., a provider of aftermarket products, has selected VisionMenu Inc., a provider of training, menu and software development tools, to provide its agents and their dealerships with the ClassicTrak Menu System.
Read More →United Development Systems Inc. has been named the top F&I training provider in the 2011 Dealers’ Choice Awards.
Read More →AutoNation Inc., America's largest automotive retailer, announced Monday that its retail new-vehicle unit sales in March 2011 totaled 22,246, an increase of 19 percent compared to March 2010.
Read More →Ally Financial Inc. announced on March 30 that it completed the refinancing of $15 billion in credit facilities at both the parent company and at its banking subsidiary, Ally Bank, with a syndicate of 21 lenders.
Read More →NADA University, the comprehensive online education and training resource for auto dealers and their staffs, announced the upcoming launches of online social networking communities for Next Generation American Truck Dealers (ATD), NADA-ATD Academy and NADA-ATD 20 Group.
Read More →Prices of fuel-efficient, used cars – both at auction and at the retail level – continue to feel the ripple effect of the March 11 earthquake and tsunami in Japan.
Read More →Edmunds.com estimated that the average automotive manufacturer incentive in the United States was $2,346 per vehicle sold in March 2011, down $469 – or 16.7 percent – from March 2010, and down $220 – or 8.6 percent – from February 2011.
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