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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.

Tags: call auto security practices

 

Minnesota Ave. Car Dealer Selling Land, Moving Dealership

2015-05-07 22:39:35| Auto Dealers - Topix.net

A Sioux Falls car dealership is moving after nearly 30 years at its Minnesota Avenue location. Schulte Subaru of Sioux Falls has sold its land at 1011 S. Minnesota Avenue to Sanford Health and will build a new $5 million dealership across the street from the new Walmart going in at 85th Street and Minnesota Avenue.

Tags: car land moving selling

 
 

Newmar 'Blazing a New Trail' at Dealer Meeting

2015-05-07 18:31:47| Automakers - Topix.net

Amidst a variety of Newmar Corp.'s high-end Class A motorhomes, the Nappanee, Ind.-based manufacturer hosted an opening night reception Wednesday to kick off its dealer meetings at the Gaylord Opryland Resort & Convention Center in Nashville, Tenn. Being billed as "Blazing a new Trail," the three-day conference continues today as Newmar is expected to roll out a number of new features, floorplans and innovations as part of its 2016 product lineup unveiling.

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Editors Notebook: Looking at Performance Numbers from Top Dealer Groups

2015-05-07 02:20:53| AutomotiveDigest.com - Automotive Industry News

By Jon LeSage, Editor, Used Car Market Reports Heres a few significant remarketing news developments during the past week: CarMax dominated the retail used vehicle space for dealership groups, with substantial growth in 2014 526,929 used units sold last year versus No. 2, AutoNation, at 214,910 sold. CarMax saw an increase of nearly 80,000 […] The Article Editors Notebook: Looking at Performance Numbers from Top Dealer Groups appeared first on Automotive Digest.

Tags: top groups performance numbers

 

BRP Dealer Pit Bull Powersports Delivers 100,000th Can-Am Spyder to First-Time Owner

2015-05-06 12:31:10| Industrial Newsroom - All News for Today

Marc R Lacroix from BRP presents the 100,000th Can-Am Spyder to owner Brahm Wilson and his wife Rachel in company of Len Damouth from Pit Bull Powersports. BRP 2015 Valcourt, Québec BRP's (TSX: DOO) 100,000th Can-Am Spyder rolled off the assembly line on April 20. BRP and Pit Bull Powersports, the local...

Tags: owner dealer bull delivers

 

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