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NewsAugust 30, 2010

National Delinquency Rate Declines Nearly 20 Percent in 2Q

The national 60-day auto delinquency rate fell 19.7 percent between the first and second quarters of 2010 to 0.53 percent, according to a TransUnion quarterly analysis of auto finance trends.

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NewsAugust 27, 2010

Resource Automotive Launches Online Warranty Claims Program

Resource Automotive Inc., a training, consulting and financial services provider and a unit of The Warranty Group Inc., has launched TWGConnect, an online warranty claims system for its vehicle service contract, GAP, pre-paid maintenance and tire-and-wheel programs.

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NewsAugust 27, 2010

Warranty Inspection Services Partners With F&I Administration Solutions

Warranty Inspection Services (WIS), a provider of mechanical breakdown inspection services to the vehicle service contract industry, has partnered with F&I Administration Solutions, a provider of F&I product administration software.

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NewsAugust 27, 2010

Vehicle Sales Could Use Stimulation, Says Edmunds

This month's new-vehicle sales (including fleet sales) are expected to be 1,028,200 units, a 17.7 percent decrease from August 2009 and a 1.4 percent decrease from July 2010, according to Edmunds.com.

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NewsAugust 24, 2010

Incentives Drive Consumers to Toyota and Nissan, CNW Says

Toyota and Nissan surpassed the industry’s 6.8 percent increase in month-over-month sales in July, which CNW Research attributed to heavy promotions of lease deals and used-car trade-in programs by both automakers.

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NewsAugust 24, 2010

Independents Boost Used-Car Market in August

Independent dealers are expected to drive the used-car market to a 4.7 percent increase in sales in August, according to CNW Research.

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NewsAugust 24, 2010

CARS Enters Enforcement Phase

Recent actions by a government agency, which were reported by USA Today over the weekend, could mean the $3 billion Cash for Clunker’s program is entering the enforcement phase.

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NewsAugust 24, 2010

BlueSky Integrates Leads Program With Nonprime Lender AFS

BlueSky Marketing Group, a marketing and leads provider, has partnered with Auto Funding Services, a nonprime auto finance lender, and integrated its Real Leads program with AFS.

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NewsAugust 24, 2010

Values of Late-Model Luxury Vehicles Drop as 2010 Models Enter Auction Lanes

The arrival of 2010 model-year vehicles at auction has put downward pressure on late-model luxury vehicles, according to this month’s Blue Book Market Report from Kelley Blue Book.

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NewsAugust 24, 2010

Warranty Inspection Services Introduces VeriScan Tool

Warranty Inspection Services LLC, a provider of mechanical breakdown inspection services to the vehicle service contract industry, introduced VeriScan, a tool designed to increase the accuracy, timeliness and thoroughness of mechanical breakdown inspection reports.

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