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Oil-Patch Native Tells What’s Behind Low Pump Prices Commented on: 3 weeks ago (March 30, 2015)

RE: "Yes, it is always nice to keep money at home, and with all things being equal, the transportation advantages means a lot of domestic oil stays home. But that doesn’t have a major bearing on...

Unconventional Car Dealer Does It His Way Commented on: 6 weeks ago (March 11, 2015)

This sounds like the system in place in the dealership when I started selling cars in 1970. Each car line had its own set margin. The sales staff was very productive and the store made money....

Why Call Them Auto Dealers? Commented on: 6 weeks ago (March 9, 2015)

I'm sure consumers will fall for this, and love us to death, right?

I read a recent study created for credit unions where it was stated that the changes in auto retailing, as prompted by...

Harry Wilson’s Money Grab Commented on: 7 weeks ago (March 7, 2015)

A money grab? Taking advantage of widows and pensioners? A stock buy back would increase the value of the GM stock holdings of the widows and pensioners, wouldn't it?

I don't take a...

Reconditioning Gets Undeserved Bad Rap Commented on: 9 weeks ago (February 17, 2015)

RE: “How would the average service-absorption percentage look if dealers stopped penciling gross profit from the vehicle departments to the fixed-ops departments via retail recon and other...

Vehicle Leasing Could Set Record This Year Commented on: 10 weeks ago (February 13, 2015)

RE: "Leasing peaked in 1999 with 3.7 million deliveries. Then it crashed, hitting a low point of 1.1 million units in 2009. That occurred after General Motors and Chrysler virtually ditched their...

Longer-Living Vehicles Support Longer Loans Commented on: 10 weeks ago (February 10, 2015)

Longer loans requires ever larger rebates to overcome the negative equity in the long term finance deal. This results in negative equity buyers being steered to vehicles they can buy, based on...

Vehicle-Financing Industry Gears Up to Fight Regulator Commented on: 13 weeks ago (January 24, 2015)

Credit Bureaus ARE regulated by the CFPB, AND other regulators. If you have a beef with a credit bureau, register your complaint on the CFPB website.

Further, Interest rates are NOT "set"...

Labor, Fuel Prices Threaten to Derail North American Auto Industry in 2015 Commented on: 14 weeks ago (January 18, 2015)

If the UAW is serious about getting rid of the 2 tier system, it needs to come from its senior members. Parity with the transplants needs to be maintained. Period.

A large percentage of...

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