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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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Equifax’s national monthly report showed increases in originations for auto, bankcard, consumer finance and home equity revolving lines on a year-to-date basis.
Read More →Toyota’s annual dealer meeting topics included the Prius family launch, new technology offerings and greater regional autonomy.
Read More →The 2011 Readers' Most Wanted Award names vehicles in 12 categories that received the most votes from car enthusiasts in an online survey. Some of the categories included ‘Fuel Sipper,’ ‘Cheap Car’ and ‘Future Vehicle.’
Read More →Despite still feeling the effects of the March 11 earthquake, Nissan Motor Co. reported a a 19.3 percent year-over-year increase in global production in May.
Read More →Flagship Credit Acceptance’s Portfolio Acquisition Program will purchase existing portfolios of nonprime and subprime loans from auto dealers and finance companies across the United States.
Read More →CarFinance Capital LLC launched its nonprime auto financing system in Texas following a similar program rollout in California in May.
Read More →The Toyota Camry ranked No.1 in Cars.com’s annual American Made Index for the third consecutive year. The Toyota Sienna and Tundra also made the list, ranking sixth and ninth, respectively.
Read More →A new study from CarGurus showed that cities in the Midwest, such as Detroit and St. Louis, topped the list while West Coast cities like San Francisco and Los Angeles were at the bottom.
Read More →The AVA Virtual Sales Assistant helps salespeople manage more leads by engaging with customers and acting as a liaison between the customer and the sales department.
Read More →J.D. Power and Associates’ study found that the initial quality of recent vehicle launches fell by 10 percent to an average of 122 problems per 100 vehicles in 2011.
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