AutoSuccessOnline

JANUARY 10, 2025

The breakfast, which is being held at the Marriott Warehouse Arts District Main Ballroom, across the street from the New Orleans Convention Center, runs ahead of the National Automotive Dealers Association ( NADA ) Annual Conference and Expo in New Orleans, Jan. ATI thanks our media partners, Automotive Ventures and AutoSuccess magazine.

Banking 105

Banking Networking Technology Automotive 105

CarExpert

DECEMBER 17, 2024

At the time, Honda CEO Toshihiro Mibe said when asked about the automotive industrys rapid pace of change: Can we survive? per cent to under 36 per cent last year leaving the Japanese brand searching for a long-term, steady shareholder such as a bank or insurance group to provide financial stability. Thats the question.

Banking 98

Banking Insurance Networking Deal 98

Motor Trader

FEBRUARY 7, 2025

The Bank of England (BoE) has confirmed that interest rates will be cut to 4.5% Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA), representing car and commercial retailers across the UK said:The Bank of England has reduced interest rates further to 4.5%, following cuts in August and November last year.

Banking 52

Banking Retail Automotive Term 52

Dealer World

DECEMBER 19, 2024

We were pleased to be able to leverage our firms knowledge, bolstered by our work on the successful sale of Jim Koons Automotive last year, one of the industrys largest transactions in history, to bring the Country Buick GMC transaction to a conclusion that delivered the best value for both parties.

Sales 88

Sales Retail Banking Dealerships 88

Dealer World

JULY 24, 2024

Trust Stamp and Botdoc have previously worked in parallel in other industries, such as banking, lending and insurance and are both graduates of the Independent Community Bankers of America (ICBA) ThinkTECH accelerator. This initiative brings a different perspective with new and innovative insights to the automotive industry.”

Automotive 93

Automotive Banking Insurance Finance 93

Canadian Auto Dealer

JUNE 13, 2024

In looking at consumer price index data from key parts of the automotive industry, DesRosiers Automotive Consultants found that April 2024 painted a picture of increases — for the most part. The takeaway: an automotive aftermarket that continues to see price increases. compared to April 2023,” said DAC in its update.

Banking 52

Banking Insurance Consulting Automotive 52

Shawn Ryder

JANUARY 21, 2025

When contemplating a transition from a bank job to a finance manager position, many factors must be carefully weighed. Why Leave a Bank Job? Transitioning from a bank job can be motivated by various factors. Strategies for Transitioning The path to transitioning from banking to a finance manager role requires strategic planning.

Banking 52

Banking Finance Management Networking 52

Dealer World

FEBRUARY 13, 2024

RRR Automotive Group, founded by Dick Patterson and Robert Hisaoka in the 1990s, is one of the most valuable import groups in the Mid-Atlantic. Schram of Shapiro, Lifschitz & Schram served as legal counsel to RRR Automotive Group. Brian Nolen of Nolen, PLLC served as legal counsel to Group 1 Automotive.

Automotive 94

Automotive Retail Sales Banking 94

AutoSuccessOnline

MARCH 3, 2025

Bryant has been with Cox Automotive since 2017. She has held various leadership roles on the retail side of the business as well as in the banking industry with Truist Bank, Wells Fargo and Bank of America, where she gained extensive experience in product implementation, operations management and customer service.

Banking 52

Banking Retail Management Customer 52

Drive.com

FEBRUARY 15, 2024

Tesla has banked more than $US9 billion ($AU13.8 According to a report from Automotive News , Tesla began accumulating credits in 2009 and expected the lucrative revenue stream to fall in the following years. The post Tesla banks $US9 billion from rivals appeared first on Drive.

Banking 59

Banking Manufacturing Automotive Management 59

Dealer World

DECEMBER 12, 2024

We are pleased to have completed our second transaction with Bohn Brothers, and their second luxury franchise in New Orleans most desirable automotive market, Metairie, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors. Crowe LLP was the sellers accountant.

Automotive 89

Automotive Retail Sales Banking 89

Canadian Auto Dealer

APRIL 22, 2024

AUTOVATE podcast host Cliff Banks recently discussed the booming rise of dealership mergers and acquisitions with James “JT” Taylor, Managing Director of Automotive for Truist Securities, during the launch of the podcast’s second season. To watch/listen to the full podcast, click here.

Banking 52

Banking Dealerships Finance Management 52

Dealer World

JANUARY 20, 2025

This represents the sale of the final of four dealerships in the Bohn Brothers Automotive Group, including Audi of New Orleans, Audi Lafayette, Hyundai Genesis of Metairie and Toyota of Slidell. We are confident that the dealership will thrive under the leadership of Carlock Automotive. Founded by George W.

Automotive 89

Automotive Sales Retail Banking 89

Shawn Ryder

JANUARY 21, 2025

One common question that arises among buyers is, “Why didn’t the dealership use my Chase Bank pre-approval?” Understanding Pre-Approval Before diving into the reasons your pre-approval from Chase Bank might not have been used, lets first clarify what a pre-approval is. What To Do Next?

Banking 52

Banking Finance Dealerships Dealer incentives 52

Carscoops

JUNE 23, 2024

Bank of America’s Car Wars report predicts drivetrain mix volatility over the next few years. This week, we delved into Bank of America’s Car Wars 2024 report, which paints a challenging road ahead for the American auto industry. The most popular EV maker in the US has significantly reduced its component costs.

Manufacturing 122

Manufacturing Banking Development Marketing 122

Jalopnik

JUNE 7, 2024

It’s June 7, 2024, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Happy Friday! Here are the important stories you need to know. Read more.

Banking 66

Banking Automotive Finance 66

Drive.com

SEPTEMBER 17, 2024

But what if you don’t want to break the bank? The used car market is lively – as evidenced by data from the Australian Automotive Dealer Association (AADA) and AutoGrab showing that 214,588 used vehicles were sold in July 2024 alone. Apart from utes, Australia’s top choice for a new car is an SUV.

Banking 72

Banking Electronics Marketing Technology 72

CarExpert

JANUARY 9, 2024

“We are advised that this customer has regrettably been the victim of an alleged cyber crime involving a phishing email that contained fake bank account details,” said a Toyota Australia spokesperson. “NAB has a comprehensive, bank-wide strategy to improve our response to the scam epidemic targeting Australians.

Buyer 119

Buyer Banking Customer Dealerships 119

Call Revu

FEBRUARY 28, 2025

by CallRevu Its no secret, particularly following the widely publicized CDK hack and estimated $25 million ransom payment to end it , that the automotive industry is uniquely susceptible to cybersecurity breaches. Financial Data: Credit card details, bank information, and credit scores for financing applications.

Dealerships 61

Dealerships Retail Banking Finance 61

Dealers Edge

JUNE 29, 2024

On Mobile Select "Play From Browser" In addition to keeping track of how the dealership records and reports financial transactions high on the list of Automotive Controller responsibilities is to make sure that the dealership has the cash to operate effectively and at the highest possible performance.

Management 105

Management Banking Dealerships Insurance 105

Dealer World

AUGUST 13, 2024

Asbury Automotive Group is one of the largest automotive retailers in the United States, with $14.8 This transaction represents Kerrigan Advisors' 276 th dealership sold since inception and 70 th franchise sold year-to-date. Thank you to all our Nalley Chevrolet employees and customers over the years.

Automotive 89

Automotive Sales Retail Banking 89

Motor Trader

OCTOBER 24, 2024

Following the sale of our UK retail business during the period, our success in winning nine contracts so far this year demonstrates our ability to drive growth as a pureplay automotive distributor.

Banking 52

Banking Retail Automotive Development 52

Carscoops

JANUARY 18, 2025

Perhaps most importantly, you’ll find a bank of white-faced gauges, the left-most dial with an encouragingly high redline of 7,000 rpm. As you mature as an automotive enthusiast, you realize just how important accessible torque is. It still features the addictive VTEC “on-off” duality, but it’s 2.2-liter

Banking 112

Banking Automotive Marketing 112

Autocar

MARCH 3, 2025

The pledges were announced by European Commission president Ursula von der Leyenahead of the release of its Future of the Automotive Industry bill on Wednesday. Von der Leyenconcluded: Let me also stress that today was not the end of the dialogue with the automotive industry. There is more to come.

Supply Chain 59

Supply Chain Banking Technology Automotive 59

Drive.com

MARCH 4, 2025

February 2025 new-vehicle sales tallied 96,710, according to data published by the Federal Chamber of Automotive Industries and Electric Vehicle Council. Data below supplied by the Federal Chamber of Automotive Industries (FCAI) and Electric Vehicle Council (EVC), and compiled by Alex Misoyannis. It is down 7.9

Sales 91

Sales Banking Automotive Customer 91

Dealer World

JUNE 17, 2024

Ken Garff Automotive Group, ranked ninth largest US dealership group by Automotive News based on 2023 new unit sales, was founded by Ken Garff after opening his first dealership 90 years ago in Utah. The group has since expanded to nine states with 73 dealerships and 28 brands.

Automotive 94

Automotive Retail Sales Dealerships 94

Auto Remarketing

MARCH 14, 2025

As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.

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Dealer World

DECEMBER 4, 2024

We are gratified to have identified Community Auto Group to carry the torch and continue Audi Lafayette’s superlative support of the Lafayette community.” Bohn Brothers Automotive Group originated with the founding of the Bohn Motor Company by George W. Bohn in 1924 in New Orleans. Crowe LLP was the seller’s accountant.

Automotive 88

Automotive Sales Retail Banking 88

Canadian Auto Dealer

NOVEMBER 20, 2024

A major automotive finance scandal has captivated both consumers and the automotive industry well beyond the shores of the United Kingdom, where the situation is playing out. According to the banks, they followed the rules and guidelines set by the FCA, which are not aligned with the new Court of Appeal ruling,” said Kammer.

Finance 52

Finance Automotive Banking Dealerships 52

Dealers Edge

JULY 27, 2024

A basic truth of any business accounting, and especially auto dealership accounting is that Net Profits are the ultimate goal, but if that does not convert to cash in the bank, it can all look a lot better than the actual situation. You are not a bank, reduce “charge” accounts. Pay off the credit card when it’s due.)

Management 105

Management Banking Dealerships Term 105

AutoSuccessOnline

JANUARY 29, 2025

This collaboration will empower banks, credit unions and financial service providers to optimize their auto-lending programs and provide enhanced value to their customers through a fully integrated platform. This added value will enhance customer satisfaction by ensuring members have reliable automotive advice and support at their fingertips.

Repairing 52

Repairing Banking Electronics Networking 52

Car Examer

MAY 14, 2024

With the automotive finance market set for growth between 2023 and 2031, here is a comparison of two wealthy, Western nations’ automotive finance market – especially in view of North America dominating the automotive finance market globally. A recent study by Cox Automotive showed that vehicle leasing comprised 31.9%

Finance 59

Finance Automotive Marketing Banking 59

Carscoops

SEPTEMBER 25, 2024

While recently speaking about the tie-up between the two, National Automobile Dealers Association chief executive Mike Stanton said NADA is working with lawyers from Amazon and Hyundai to make sure everything is consistent with state automotive franchise laws. He also underlined the importance of delivering an excellent customer experience.

Sales 119

Sales Retail Banking Deal 119

Motor Trader

OCTOBER 8, 2024

Jones has 10 years’ direct experience in leasing and vehicle finance, having been managing director of Blackhorse and Lex Autolease at Lloyds Banking Group, and more recently, managing director at MotoNovo, part of the Aldermore Group. Jones said: “Working in the automotive sector for a number of years, I’ve always admired Zenith.

Banking 105

Banking Finance Management Automotive 105

AutoSuccessOnline

SEPTEMBER 13, 2024

Automotive lenders find that integrating chatbots into their operations offers many benefits, ranging from 24/7 customer service to cost savings and improved customer experiences. Before implementing a chatbot, it is important for automotive lenders to identify the specific problems they want to address.

Automotive 52

Automotive Banking Finance Technology 52

Autocar

MARCH 25, 2024

“The last 12 months have been undoubtedly tough times globally for start-up and scale-up companies raising capital,” said Josh Denne, head of small and medium enterprise programmes for the Advanced Propulsion Centre, which administers award money from the government-backed Automotive Transformation Fund.

Banking 116

Banking Automotive Technology Term 116

Turbo Marketing Solutions

JULY 24, 2024

Choosing the right lead provider can make or break your sales success in the highly competitive automotive industry. Don't miss out on discovering surprising insights about these lead providers that could ultimately redefine your approach to automotive sales.

Automotive 75

Automotive Dealerships Customer Marketing 75