Automotive News 100 Leading Women in the North American Auto Industry Gala Dinner
Sep 27, 2005
WHEN: Wednesday, Sept. 28, 2005 6 p.m. - reception, 7 p.m. - dinner and presentation WHERE: The Marriott Renaissance Center, Detroit, Mich. HIGHLIGHTS: The event celebrates Automotive News' selection of influential female executives in the North American auto industry. Each honoree will be recognized on stage during th ... Continue reading
Sep 20, 2005
* Industry veteran James Stano is appointed President of Capital Services * New team has responsibility for managing diverse $4 billion portfolio FARMINGTON HILLS, Mich., Sept. 20 -- DaimlerChrysler Services North America LLC has appointed James E. Stano as President and Managing Director of the company's Capital Servi ... Continue reading
Volvofinans Uses Cognos BI to Drive Sales Operations
Sep 20, 2005
-- Efficient use of customer data with Cognos PowerPlay and Cognos ReportNet -- BURLINGTON, Mass. and STOCKHOLM, Sweden, Sept. 20 -- The Volvofinans Group, an authorized credit market company jointly owned by Ford and the Swedish Volvo dealers, has invested in solutions for reporting and analysis from Cognos , the worl ... Continue reading
Sep 12, 2005
LISLE, Ill., Sept. 12 -- DaimlerChrysler Services Truck Finance understands that customers affected by Hurricane Katrina are focusing their attention on personal matters, so the company has implemented the following actions for customers in portions of Florida, Alabama, Louisiana and Mississippi: * DaimlerChrysler Serv ... Continue reading
GMAC Looks At a Successful First Year in China
Aug 24, 2005
Joint Venture GMAC-SAIC Servicing 180 Dealers Nationwide Shanghai, China – GMAC-SAIC Automotive Finance Company, Ltd. this month marks its first year with good progress on the development of this new business. The joint venture between General Motors Acceptance Corporation (GMAC) and Shanghai Automotive Group Fin ... Continue reading
Insurance Auto Auctions Drives Record Returns for Its Customers
Aug 24, 2005
WESTCHESTER, Ill.--Aug. 23, 2005--Insurance Auto Auctions, Inc., a leading provider of automotive salvage and claims processing services in the United States, today announced record vehicle returns during the second quarter. IAA's dual bidding strategy has continued to drive more buyers to the Company's auctions than e ... Continue reading
GNYADA: Auto Leasing Is Back in New York
Aug 10, 2005
NEW YORK, Aug. 10 -- "Leasing is back in New York," stated Bob Fusco, Chairman of the Greater New York Automobile Dealers Association (GNYADA) at a press conference in Manhattan timed to coincide with the signing of the highway bill by President George W. Bush. DaimlerChrysler, Ford Motor Company and General Motors eac ... Continue reading
Chrysler Financial Returns to the Lease Market in New York
Aug 10, 2005
* Popular Chrysler, Jeep(R) and Dodge Vehicles Available for Leasing * New York Consumers Gain Leasing as an Option Once Again FARMINGTON HILLS, Mich., Aug. 10 -- Chrysler Financial, a business unit of DaimlerChrysler Services North America, announced today it is returning to the vehicle leasing market in the state of ... Continue reading
Aug 3, 2005
DETROIT--August 3, 2005--General Motors Acceptance Corporation (GMAC), the financial services subsidiary of General Motors Corporation , announced today that it has entered into a definitive agreement to sell a 60 percent equity interest in its commercial mortgage subsidiary, GMAC Commercial Holding Corp. (GMACCH) to a ... Continue reading
Aug 1, 2005
Washington DC August 1, 2005; The AIADA newsletter reported that lawmakers in the House and Senate on Friday approved the highly anticipated Highway bill, moving the legislation to the President’s desk. The House passed its conference report with a 412 to 8 vote. The senate passed their version the same afternoon ... Continue reading
Jul 28, 2005
WESTLAKE VILLAGE, Calif.--July 28, 2005--The employee discount programs being offered by the Big Three are moving some consumers away from financing through the manufacturers' captive financing arms, according to the Power Information Network (PIN). PIN finds that the percentage of consumers using the Big Three's capti ... Continue reading
Ford Credit, Mazda American Credit Offer Payment Deferrals to Victims of Hurricane Dennis
Jul 22, 2005
DEARBORN, Mich., July 22 -- Ford Credit and Mazda American Credit are offering customers affected by Hurricane Dennis the opportunity to defer up to two vehicle payments. Under the Disaster Relief Program, Ford Credit and Mazda American Credit customers have the opportunity to defer these monthly payments without payin ... Continue reading
Ford Announces Second-Quarter 2005 Financial Results
Jul 19, 2005
- Net income of 47 cents per share, or $946 million. - Earnings from continuing operations of 47 cents per share, or $936 million, excluding special items.* - Worldwide automotive pre-tax loss of $245 million, excluding special items. - Financial Services sector pre-tax profit of $1.3 billion. - Full-year earnings guid ... Continue reading
Mitsubishi Motors Credit of America Links to DealerTrack
Jul 18, 2005
LAKE SUCCESS, N.Y., July 18 -- DealerTrack, Inc. today announced that Mitsubishi Motors Credit of America (MMCA), the captive automotive financial services arm of Mitsubishi Motors North America, has signed an agreement to join DealerTrack's independent online auto finance network. The agreement enables Mitsubishi deal ... Continue reading
Chrysler Financial 'Freedom Jeep' Internet Auction Raises More than $28,000 for the USO
Jul 14, 2005
FARMINGTON HILLS, Mich., July 14 -- Chrysler Financial is demonstrating its commitment to the men and women of the U.S. military by donating $28,358.00 to the USO from an 11-day one-of-a-kind "Freedom Jeep(R)" auction on eBay(R). The donation will be used to support programs and services that benefit the troops and the ... Continue reading
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