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Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
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The Federal Trade Commission filed charges and requested a U.S. district court to stop the specific practices of two auto loan modification companies operating in California.
Read More →izmocars today announced the launch of its AddOnAuto (AOA) Digital Dashboard platform for dealers currently using the company’s AOA Point of Sale software.
Read More →The Reynolds and Reynolds Co. will offer a complimentary webinar for dealerships using its Contact Management tool.
Read More →While sales of new light vehicles in the United States continued at a brisk pace in March, the types of vehicles being purchased, as well as the types of buyers and the average transaction price are rapidly changing, according J.D. Power and Associates reported this week.
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Federal customs agents seized 20 high-end stolen vehicles at the Los Angeles/Long Beach Seaport. Bound for Asia, the vehicles were leased by several dealerships to smugglers using false identifies.
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Total light vehicle sales paced at a 14.37 million annual rate in March, with unit sales jumping 12.7 percent to 1.4 million from the year-ago period, according to Autodata Corp.
Read More →The average transaction price for light vehicles in March jumped $1,977 from a year ago, while the average incentive was down 1.8 percent.
Read More →A new survey commissioned by eBay Motors found that more than one-third of vehicle owners plan to use their anticipated tax refunds for maintenance, repairs and even a new vehicle.
Read More →Nonprime finance source SAFCo is now available to dealers in Illinois, Indiana, Michigan and Ohio.
Read More →TrueCar predicted Tuesday that new light-vehicle sales in March will increase 13.7 percent from the year-ago period to 1.417 million units.
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