Mercedes-Benz Financial Services USA LLC has been ranked highest in the J.D. Power 2018 U.S. Dealer Financing Satisfaction Study in the category of Retail Credit-Luxury Captive. The study measures dealer…
Small business optimism is at an all-time high in the latest quarterly Wells Fargo/Gallup Small Business Index. The survey, which measures small business optimism, had an overall Index score of…
NextGear Capital and St. Jude Children’s Research Hospital are rolling out a first-of-its-kind charitable promotion the week of Aug. 13. The partnership will raise funds in support of the Memphis-based…
General Motors Financial Company Inc. announced the company is the leader in overall manufacturer loyalty among captive automotive lenders for the second consecutive year, according to GM Financial analysis of…
Carvana Co. announced financial results for the second quarter that exceeded its prior guidance. Gross profit per unit reached a record of $2,173. That is an increase of $672 year-over-year.…
Credit Acceptance Corp. recently announced consolidated net income of $151 million for the three months ended June 30. This compares to consolidated net income of $99.1 million for the same…
Wholesale used vehicle prices increased 1.51 percent month-over-month in July. This brought the Manheim Used Vehicle Value Index to 136.9, which was a 5.1 percent increase from a year ago…
Carvana announced four new markets in Pennsylvania. The online retailer is now offering delivery to customers in Harrisburg, Lancaster, Allentown and York-Hanover. Carvana debuted in Pennsylvania in October 2016, offering…
Black Book’s Used Vehicle Retention Index increased by 0.5 percent during July. The Index now stands at 113.9, up from 113.3 in June and 113 in July 2017. The Black…
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