BLOG FOR SPECIAL FINANCE CAR DEALERS

January 30, 2009

AmeriCredit Posts 25 Million Plus Second Quarter Loss

Today the Fort Worth Texas-based lender reported a net loss for the quarter ending December 31 of 2008 while stating it will now concentrate on collections from its loan portfolio. (Read More…)

Comments (0) January 28, 2009

Conference Board Index Dips in January

The outlook for the economy remains cloudy as the latest indicators from The Conference Board show a continued pessimism on the part of American consumers. (Read More…)

Comments (0) January 26, 2009

Latest Report Shows Increase in Online Car Shopping Activity

A new report from Chicago based Cars dot Com shows an increase in online car shopping activity in the New Year. (Read More…)

Comments (0) January 23, 2009

SAGE Says Recession May Have Eased

If you are looking for some good news Survival and Growth Enterprise in Chicago believes its indicators show an easing of the recession although the economy remains fragile. (Read More…)

Comments (0) January 21, 2009

Capital One to Eliminate Local Area Sales Managers

In a fax transmittal to its dealers earlier today the Plano Texas-based lender announced that it was eliminating all local area sales managers. (Read More…)

Comments (4) January 19, 2009

Latest Report from JD Power Ranks Customer Retention

Retaining your current customers is much less expensive for dealers than finding new ones and the latest survey from JD Powers shows that Honda dealers do it better than any other brand. (Read More…)

Comments (0) January 14, 2009

Cobalt Releases Its Annual Automotive eShopper Experience Study

This week the Seattle-based dealer services company released the results of its survey of online automotive shoppers’ experiences with retail automotive dealers. (Read More…)

Comments (0) January 12, 2009

Deloitte Consumer Spending Index Improves in December Mainly due to fall in Energy Prices

The latest report from Deloitte Research shows that consumer purchasing power is increasing but retailers need to give consumers a reason to spend. (Read More…)

Comments (0) January 9, 2009

Nuvell and National Auto Finance Cease Operations

GMAC informs its Nuvell and National Auto Finance dealers that both subprime units will cease originating loans on January 7th. (Read More…)

Comments (5) January 7, 2009

Conference Board – Consumer Confidence at All-Time Low

The latest information from The Conference Board indicates that consumers continue to worry about economic conditions. (Read More…)

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