Posts
Experian Automotive: Subprime auto loans in Q2 2012 exceeded prerecession levels
While subprime lending is on the rise, loans are balanced by lower loan-to-value ratios SCHAUMBURG, Ill. — Experian Automotive today announced that loans to customers in the nonprime, subprime and deep-subprime risk tiers accounted for more th
Sep 7, 2012
Edmunds.com: August Car Incentives Not All That Meets the Eye
SANTA MONICA, Calif. — Automaker incentives remained stable in August but the numbers this month don’t tell the full story, reports Edmunds.com, the premier resource for automotive information. According to Edmunds.com’s True Cost of Incent
Sep 7, 2012
Maritz Research Study Shows Improving Satisfaction Drives Profits
A better sales and service experience at the local car dealer boosts the bottom line ST. LOUIS – It’s easy to understand why a satisfied customer is more likely to be a loyal customer, but a new Maritz Research study finds tangible proof that car
Sep 7, 2012
Interview with Paul Walser, Walser Automotive Group
A second-generation auto dealer, Paul Walser, 57, and his brother Andrew, 44, operate Walser Automotive Group, a 12-franchise enterprise servicing communities in and around Minneapolis and St. Paul, MN. Like many second-generation dealers, whatever t
Sep 7, 2012
Interview with Shawn Reardon, Internet Director Ideal Nissan
Ideal Nissan is the Overall Winner of the Spring 2012 Digital Dealer Website Excellence Awards – scoring higher than nearly 3,000 other dealerships and dealership groups nationwide. Co-sponsored by Dealer Communications and Dataium, LLC, the Digita
Sep 7, 2012
New Car Sales Are Up 48% and Service Jumps 45% at Wiesner of Conroe
As consumer shopping habits change, so too must a dealer’s marketing best practices. The value of traditional mass marketing platforms like TV, print and radio, continue to weaken when compared to targeted and digital mediums like targeted direct e
Aug 28, 2012
Survey: Negotiating Price Worst Part of Buying a New Car
CarFinance.com survey finds consumers apprehensive about new car price negotiations and low interest rates; offers car buying and auto finance tips to simplify process IRVINE, Calif. — In part two of a recent survey from CarFinance.com, a webs
Aug 24, 2012
Auto Dealer M&A Activity Declines
Public Companies’ U.S. Acquisitions Drop 55 Percent SAN FRANCISCO — The Presidio Group LLC, through its subsidiary Presidio Merchant Partners LLC, today released its Automotive Retail M&A Market Report for the first half of 2012. Some hig
Aug 24, 2012
Nissan Altima Battles Toyota Camry for Best-Selling Sedan Spot
Jumpstart Automotive Group Reveals Top Contender with Online Shoppers San Francisco, CA – Nissan is battling for the best-selling midsize sedan spot this year – a move the automaker’s CEO Carlos Ghosn touted at the New York Auto
Aug 24, 2012