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NewsJuly 23, 2013

Michael Linn Assumes CEO Emeritus Role at NIADA

Following the association’s annual conference, Michael Linn was named CEO emeritus of NIADA. Linn headed up the association for 14 years.

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NewsJuly 23, 2013

Dealer Group Says Salesmen Didn’t Know ‘Clean’ Car Had 3 Claims

Birchwood Auto Group has offered compensation to a customer who was told a car was “clean" despite a vehicle history report indicating otherwise.

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NewsJuly 23, 2013

CFPB Presents First Annual Financial Literacy Report

The report details the tools the CFPB has made made available to consumers, as well as the bureau's research and outreach efforts. As a condition of Dodd-Frank, the CFPB is required to present the report on its activities to Congress annually.

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NewsJuly 23, 2013

July Deliveries Could Rise 7 Percent, CNW Predicts

The first 20 days of July has the market research firm predicting a 7 percent gain in deliveries from a year ago. CNW also spots an incentive war brewing on the horizon.

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NewsJuly 23, 2013

1.2 Million Buy Used Instead of New

The Great Recession is still weighing heavily on how consumers shop for vehicles, as new-vehicle intenders continue to make the switch to used. It’s a trend automakers should continue to fuel, CNW predicts.

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NewsJuly 18, 2013

Senate Confirms Richard Cordray as CFPB Director

The U.S. Senate confirmed Tuesday evening the appointment of CFPB Director Richard Cordray, a decision President Barack Obama praised during a press conference held yesterday.

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NewsJuly 18, 2013

Ally Exploring Ways to Repay Fed Bailouts

Ally Financial announced Tuesday in a filing with the SEC that it will explore alternatives to repay the Treasury for its $17.2 billion bailouts, according to The Detroit News. Ally must reach a payment agreement with the Feds before it can go forth with its planned IPO.

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NewsJuly 18, 2013

NAC Partners With Vehicle Tech Maker on New CRM App

Designed by Directed, the new consumer app is cloud-linked and includes dynamic marketing tools aimed at driving a better connection between dealers and their customers.

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NewsJuly 18, 2013

Calif. Dealer Thanks Vets, First Responders

Temecula, Calif.-based Paradise Chevrolet Cadillac hands out $50 dinner cards to military personnel and first responders.

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NewsJuly 18, 2013

Women Better Negotiators Than Men, Study Concludes

Research from the Kellogg School of Management finds that women tend to pay more for repairs, but the study also reveals that women are better negotiators.

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