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VW Credit, Inc. Names New President and CEO…
HERNDON, Va. — Andrew Stuart has been appointed President and CEO of VW Credit, Inc., effective January 2012. He will report to Frank Witter who is Chairman of the Board of Directors for VW Credit, Inc. Stuart will succeed Kevin Kelly, 65, the
Sep 29, 2011
BMW Financial Services Targets College Graduates and Young Professionals
Woodcliff Lake, NJ – BMW Group Financial Services has opened the door for college graduates and young professionals to increase their purchase power through the company’s College Graduation Program. The Program encompasses both leases and loans
Sep 29, 2011
Report: Electric Vehicle Penetration Rates to be Highest in Smaller States
Sales of plug-in electric vehicles (PEVs) are expected to accelerate rapidly over the next several years, posting a compound annual growth rate of 43% between 2011 and 2017, with annual sales reaching almost 360,000 vehicles by 2017. Adoption of
Sep 29, 2011
DealerTrack eCarList Chief Product Officer Reveals Eight Ways Mobile can Improve Your Dealership’s Bottom Line
In today’s marketplace, dealers and managers need to be “in-sync” to make the most of their team capabilities and inventory opportunities. What are eight critical ways that mobile applications can improve a dealership’s bottom
Sep 29, 2011
Four Cylinder Engine Production Begins At Toyota’s Alabama Engine Plant
HUNTSVILLE, Ala. – State and local officials joined Toyota team members and executives this week to mark the start of four-cylinder engine production at Toyota Motor Manufacturing, Alabama, Inc. (TMMAL). At a separate reception last evening, TMMAL
Sep 29, 2011
Ally Bank Launches New “People Sense” Ad Campaign
MIDVALE, Utah — Ally Bank tonight launches its latest advertising campaign, which is centered on the concept of “people sense” – doing what is right for your customer because people sense makes good business sense. Since launchi
Sep 29, 2011
NABD Releases Important White Paper on Payment Devices, and Launches New Study
Houston, Texas –The National Alliance of Buy Here Pay Here Dealers (NABD) announced that it has released a comprehensive “white paper” which summarizes a national payment device survey it conducted earlier this year. Kenneth B. Shilson, CPA, P
Sep 29, 2011
Manheim Locations Receive Top Honors from Customers at National Auto Auction Association Conference
ATLANTA – Nine Manheim locations across the country were honored for outstanding performance by customers and industry partners at the 63rd annual National Auto Auction Association conference last week in Chicago. In addition, two Manheim locatio
Sep 29, 2011
GM Introduces Industry’s First Front Center Air Bag
DETROIT – General Motors will introduce the industry’s first front center air bag, an inflatable restraint designed to help protect drivers and front passengers in far-side impact crashes where the affected occupant is on the opposite, non-struck
Sep 29, 2011