| Freshly Unveiled 2015 Subaru Legacy: New Turbo Sport Model, Downsized Six-Cylinder in the Works |
Feb 11th, 2014 |
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In usual Subaru style, the new 2015 Legacy that debuted last week at the Chicago show doesn’t bring revolutionary changes to the nameplate. Most notably, the wheelbase and engines remain unchanged—or essentially so—versus those of the outgoing car, although both the flat-four and optional flat-six now mate to CVT transmissions to deliver decent gains in [...]
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| 5 Deal-Saving Strategies |
Feb 11th, 2014 |
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F&I pro says there’s no way to avoid those deal-killing situations, but he does offer five strategies for ensuring that your sold and delivered customers stay that way.
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| GM Financial Reports Strong Fourth Quarter |
Feb 11th, 2014 |
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GM Financial realized its second best year for credit metrics in 2013, which drove profitability for the captive finance company. But officials believe credit will be ‘a bit weaker’ in 2014.
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| Dealership Acquisition Activity ‘Robust,’ The Banks Report Shows |
Feb 11th, 2014 |
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Public dealer groups continue to exercise discipline in terms of their acquisition strategy, but The Banks Report shows that acquisition activity was robust overall last year — particularly during the opening and closing months of 2013.
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| BLS: Auto Industry Adds 42,000 Jobs Since Last Year |
Feb 11th, 2014 |
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The Bureau of Labor Statistics reports that auto dealers have added 42,000 jobs since January 2013, pushing total employee count to just north of 1.16 million.
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| Ally's Quarterly Profit Hurt by Settlement, ResCap Costs |
Feb 11th, 2014 |
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Ally Financial’s quarterly report shows growth for the company and its network, but also reveals the impact of the company’s settlement with the CFPB and DOJ, as well as its ResCap bankruptcy plan.
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| Lease Approvals Mirroring Consumer Credit Trends, Swapalease.com Reports |
Feb 11th, 2014 |
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According to Swapalease.com, lease approvals are following similar patterns as the broader consumer credit trends, falling from 73.3% in December to 70.5% in January.
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| Dataium: Game Day Ads Drive Dealer Website Traffic |
Feb 11th, 2014 |
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Maserati, Jeep and Jaguar dealer websites experienced increases in online shopping activity following the Super Bowl.
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| Edmunds.com: Falling Used-Car Prices Likely to Affect All Buyers |
Feb 11th, 2014 |
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An excessive supply of used vehicles hitting dealer lots is expected to drive prices down and cause a chain reaction that could raise monthly payments and lower trade-in values.
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| VinSolutions Promotes Jennifer Lee to VP of Product |
Feb 11th, 2014 |
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Jennifer Lee, formerly the company’s senior director of product, will continue overseeing the company’s mobile platforms, CRM tools, campaign MGT tools and Haystak websites in her new role.
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