
Dealerships Are Paying the Price for Extended Car Loans
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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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.
Read More →The Detroit 3 auto manufacturers held a key inventory advantage over their competitors, which led to higher U.S. new-car and light-truck sales in December, according to Paul Taylor, chief economist of the National Automobile Dealers Association (NADA).
Read More →The American Bankruptcy Institute (ABI) reported that total bankruptcy filings in the United States decreased 12 percent in 2011.
Read More →Despite the influx of new vehicles into the small- and budget-car marketplace, Consumer Reports said the Honda Fit remains on top in its list of best-value small cars.
Read More →Fitch Ratings said it expects the financial profiles of U.S. automakers and parts suppliers to remain strong in 2012 despite sluggish global economic growth and weaker-than-expected North American light-vehicle demand.
Read More →A Toyota Financial Services (TFS) official confirmed that the captive finance company expects to release a wear-and-tear lease product for its dealers within the next month or so.
Read More →Less than three weeks after completing a major consumer contest to move 100 vehicles in one month, Saab of North Olmsted is preparing to close it's doors after Saab Automobile filed for bankruptcy on Dec. 19.
Read More →Autobytel Inc. crowned the Hyundai Veloster as its 2012 Car of the Year thanks to aggressive styling and the vehicle’s appeal with a wide variety of consumers.
Read More →AutoMotionTV’s dealer app now features a service scheduling function that enables dealers to push service notification messages to customers.
Read More →Polk said it expects worldwide new-vehicle sales in 2012 to rise 6.7 percent over 2011 volumes to 77.7 million vehicles.
Read More →Automotive Compliance Consultants added 50 new dealership clients in the last six months and experienced a 12 percent increase in business last year.
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