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January 14, 2014

Below-Prime Car Buyers Less Loyal Than Average Car Buyers

A new brand loyalty report from CarFinance.com found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.

January 9, 2014

Cal-Tex Promotes Tim Akard to VP of Sales

Cal-Tex has promoted Tim Akard to vice president of sales. Akard started his career with Ford Motor Credit and has extensive experience in the design and administration of self-insured and reinsured products and services for franchised dealers.

January 7, 2014

Automakers Post Big Gains in 2013 Sales

December sales were in line with last year’s total, while annual sales increased nearly 8% to 15.6 million units.

December 31, 2013

Compliance, Technology to Headline Vehicle Finance Conference

This year’s conference will feature Patrice Ficklin, assistant director of the CFPB’s Office of Fair Lending, as well as a candid discussion between executives from GM Financial, Toyota Financial Services and Chase Auto Finance.

December 31, 2013

Ford Calls Shot, Expects Best-Selling Brand Title for 2013

Ford predicts it will come in as the top-selling marque for 2013, a title it’s held for four straight years.

November 5, 2013

Experian: Number of Vehicles on the Road at Highest Level Since 2008

Not only is the number of vehicles on the road today at its highest level since 2008, the average age of the current fleet increased a full year from four years ago, Experian Automotive reports.

October 29, 2013

TFS Gives Toyota Leg Up on GM, Ford

Toyota’s captive finance arm has been able to draw a wider range of customers through no-interest loans and low-cost leases, thanks to its automaker’s AA-credit rating and $95 billion in assets, Bloomberg reports.

October 29, 2013

Dataium ASI: Retiring Models Attracting Attention

Dataium reports this week that automotive shopper intensity declined across all segments for the second consecutive month in September. But the research firm believes shoppers are adjusting their browsing behaviors in preparation for the holidays.

October 3, 2013

September’s SAAR Second Lowest of 2013

Manufacturers attribute the drop in the SAAR to fewer selling days in September and Labor Day sales being included in August sales totals. One manufacturer attributes the drop to troubles in Washington, D.C.

September 12, 2013

Social and Mobile Media ‘Most Disruptive Online Wave’ for Ad Spend, Report Says

Report from Borrell Associates calls social and mobile media the most disruptive online wave for advertising budgets this year. But the ad category appears to be paying off so far, the firm concludes.