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Metcash mulls IPO for auto division
2015-05-14 19:55:40| Grocery - Topix.net
Metcash's automotive division, which includes the Autobarn, Autopro and Midas brands, generated revenues of about $250 million in the year to the end of April. The retailer says it is carrying out a strategic review of the division and investigating whether to launch an initial public offering.
DEEPER AUTO LOANS CALL FOR BETTER DEALER SECURITY PRACTICES
2015-05-11 23:31:42| AutomotiveDigest.com - Automotive Industry News
Is the current $336B Subprime auto loan boom about to implode and become like the subprime mortgage bust of the past? Auto loan funders and securization underwriters are investing heavily. Credit standards are being relaxed. Lenders and dealers are going ever-deeper into subprime auto loans including Buy Here Pay Here lending programs Therefore, dealers must pay attention and be vigilant. This Thought Leader Series posting from David Meyer, Executive VP of Spireon outlines how GPS Tracking is a savvy solution for dealers to adopt for better security and risk abatement practices in subprime auto lending The Article DEEPER AUTO LOANS CALL FOR BETTER DEALER SECURITY PRACTICES appeared first on Automotive Digest.
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Bethesda auto dealers shuffle the deck
2015-05-11 20:55:08| Auto Dealers - Topix.net
After only about nine months, Euro Motorcars is converting its Volvo showroom on Woodmont Avenue into a showroom for its new Audi dealership. The showroom, near the southern corner of Woodmont and Wisconsin avenues, could open May 18, said General Manager Gil Hofheimer.
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dealers
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shuffle
China auto sales down 0.5% in April: industry group
2015-05-11 11:30:00| Auto Dealers - Topix.net
Auto sales in China, the world's largest car market, fell 0.5 percent year-on-year to 1.99 million vehicles in April, an industry group said on Monday. For the first four months of the year, auto sales increased 2.8 percent on the same period last year to 8.14 million vehicles, according to the China Association of Automobile Manufacturers .
Romanian auto market valued at EUR 18 bln last year
2015-05-11 10:05:50| Auto Parts - Topix.net
According to Constantin Stroe, President of the Romanian Association of Auto Manufacturers , the Romanian auto market had a value of EUR 18 bln in 2014. At a special conference organized by 'ZF' daily, Stroe pointed out that this value was 7 per cent higher year-on-year.
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