February 23, 2016 - Industry News
TrueCar's new CEO used the firm's recent quarterly investor call to lay out his plans to win back dealers and OEMs. The executive also discussed how the firm plans to better monetize car shoppers using its site.
Tags: Financial Reports, Fourth Quarter, marketing, TrueCar
February 11, 2016 - Industry News
Asbury Automotive Group reported this week that it’s F&I operations realized a $55 per-copy increase in the fourth quarter, with the group averaging $1,426 in gross profit per vehicle retailed during the end-of-year quarter.
Tags: Asbury Automotive, Fourth Quarter, PVR, Quarterly Earnings, Vehicle Sales
February 4, 2016 - Industry News
The former captive originated $41 billion in auto loans in 2015, surpassing the high $30 billion range it projected at the beginning of the year. Much of that was due to the 53% increase in non-GM/Chrysler originations.
Tags: Ally Financial, Financial Reports, Fourth Quarter, Originations, Q4
February 5, 2015 - Industry News
GM Financial officials said Ally shouldn’t be surprised by GM’s decision to internalize its lease program. The company ended the year with a 50% share of GM’s lease business.
Tags: Ally Financial, Fourth Quarter, General Motors, GM Financial, leasing, Quarterly Earnings
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