AE eMagazine

Ally ‘Highly Confident’ About Overcoming Boot From GM Leasing Program

DETROIT — Just days before it named Jeffrey Brown as its new CEO, Ally Financial’s then-CEO Michael Carpenter expressed surprise at a move by General Motors to put 100% of its U.S. Buick, Cadillac and GMC lease incentives in the hands of its captive, GM Financial. “While we were not surprised by the idea of ... Read More »

IHS Forecasts 88.6 Million Global Light-Vehicle Sales in 2015

SOUTHFIELD, Mich. — With 2015 off to a good start, IHS Automotive, part of IHS Inc., forecasts global automotive sales for 2015 to reach 88.6 million, an increase of 2.4% over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in ... Read More »

CNW: January Used-Vehicle Sales Total 2.38 Million Units

BANDON, Ore. — CNW Research reported this week that January used-vehicle sales rose 2% from a year ago to 2.38 million, with franchised dealers realizing the biggest sales increase. Compared to a year ago, used-vehicle sales for franchised dealers rose 4.63%, while sales for independent dealers slipped 1.86%. Private sales were up 3.42% from a ... Read More »

Mercedes-Benz, BMW See Boost from Super Bowl Ads, Edmunds Reports

SANTA MONICA, Calif. — Mercedes-Benz and BMW saw the most significant traffic spikes on Edmunds.com after ads from the two companies ran during the Super Bowl, according to a real-time analysis from Edmunds.com. Mercedes-Benz AMG GT saw the biggest cumulative spike in traffic during the game, with a 2,189% jump over average Sunday numbers on ... Read More »

GM Gets Deadline Flurry of Compensation Claims

The Jan. 31 deadline for claims to General Motors’ victim compensation fund spurred a flurry of 1,100 new filings, reported The Detroit Bureau. The rush brought the total number of filings to 4,180, including 455 death benefits: an increase from 338 the week prior. Claims for the most severe injuries rose to 278, up from ... Read More »

Agent Summit Room Block Nearly Full

IDDS Vice President Max Zanan Earns AFIP Certification

COLLEYVILLE, TEXAS – Max Zanan, co-owner and vice president of IDDS, passed the AFIP certification exam in January. IDDS, based in New York City, provides F&I products, training and consulting services to automotive dealers in New York and Florida. Zanan has 14 years of experience in F&I. He rose through the dealership ranks to serve ... Read More »

Agent Summit Early-Bird Pricing Ends Sunday

Agent Summit Releases Full Agenda

Alpha Warranty Services Facility Expansion Complete

Alpha Warranty Services is proud to announce the completion of their expansion at their corporate headquarters in Riverton, Utah. The expansion to the Riverton office will encompass 16,000 square feet and is centered on a 1.5 acre lot. The new office expansion includes a two story office space equipped with a large state of the ... Read More »