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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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AutoNation Inc. reported that new-vehicle unit sales in December 2011 totaled 24,342 units, an increase of 11 percent year over year.
Read More →California State Assembly Member Mike Feuer (D–Los Angeles) and State Sen. Ted W. Lieu (D–Torrance) have proposed legislation that would introduce new rules designed to “rein in abusive practices” of buy here, pay here dealers statewide.
Read More →NADA Used Car Guide analyst Jonathan Banks anticipates trade-in values to stay high throughout 2012.
Read More →Toyota, Lexus and their respective finance divisions announced they are offering special APRs and rebates to qualified military personnel and inactive reserves looking to purchase a new car.
Read More →The 2012 Hyundai Elantra was named 2012 North American Car of the Year at the 2012 North American International Auto Show.
Read More →The Surety Group announced it has simplified its bond programs for Florida auto dealers who need a Florida Motor Vehicle Dealer Bond.
Read More →CNA National announced that Mark Wheeler was appointed regional vice president.
Read More →RedBumper announced that it will unveil a mobile inventory management system at the 2012 NADA & ATD Convention and Expo.
Read More →Direct Credit Marketing Inc. is a newly launched company aimed at helping finance sources, dealers, and credit unions select the best method of marketing for their individual needs.
Read More →Autodata Corp. estimated that U.S. auto sales reached 12.8 million units last year, marking the best year for auto sales since 2008 if the stat holds. Big winners were General Motors, Ford and Chrysler, with GM reclaiming the top spot in world vehicle sales two years after it emerged from its U.S.-backed bankruptcy.
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