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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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Interstate National Corporation has named Mark H. Mishler as the company’s new CEO. Mishler was previously at the helm of The Warranty Group Inc. as president, chief operating officer and board member.
Read More →Kbb.com lists Audi, Lexus and Cadillac as the top luxury brands, while Kia, Hyundai and Honda dominated among all non-luxury brands for lowest average total ownership costs.
Read More →MediaTrac announced the launch of the BeBack Program, a vehicle sales inducement program designed to help drive lost sales opportunities back into auto dealerships.
Read More →GWC Warranty and Universal Lenders LLC have partnered to offer The ZERO Plan, a zero-percent alternative financing option for GWC vehicle service contracts.
Read More →Chase Auto Finance launched of a new consumer financing program that includes retail subvention financing for Chrysler, Jeep, Dodge and Ram Truck vehicles.
Read More →Kbb.com anticipates the slowdown in new-car sales and leasing will impact used-car values for years to come, with current supply reductions expected to play a key role in the wholesale used-car market.
Read More →NADAguides issued a new report that shows consumer interest began shifting over to Korean and Japanese models in the second quarter.
Read More →The head of at least one key financial services association doesn’t expect the auto finance segment to be severely impacted by the downgrade of U.S. debt, but the impact on consumer confidence remains a question.
Read More →AutoTrader.com's July Trend Engine report indicated that shoppers continued to show interest in big trucks and SUVs while production shortages and continued short supply of quality used cars pushed asking prices higher across new, used and certified pre-owned vehicles.
Read More →Sonic Automotive Inc.’s mobile reporting app for the iPad and iPhone enables Sonic corporate executives and regional teams to access operational, financial and market information for their dealerships.
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