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In the case of new- or used-car purchases or leases, Autobytel’s most recent "What’s Hot Now" report reveals that consumers are looking to lease or buy a car out of necessity over the next 12 months, even though they may not have increased confidence in the economy.
Read More →This month's new-car sales (including fleet sales) are expected to be the highest of any month this year, with approximately 1.13 million units expected to roll out of showrooms in December.
Read More →vAuto Inc.’s used-car inventory management system is now available for Android mobile devices.
Read More →Credit reporting agency TransUnion reported a seasonal hike in the rate of U.S. auto-loan borrowers more than 60 days past due.
Read More →Shoppers are planning to spend less during the holidays this year, according to the latest Kelley Blue Book Market Intelligence survey of consumer sentiment.
Read More →Organizers of the first annual Agent Summit have announced that Gregory Arroyo, executive editor of F&I and Showroom magazine, has agreed to serve as advisory board chair for the event, which is scheduled for March 8–9 at the Las Vegas Hilton.
Read More →DealerTrack Inc., a subsidiary of DealerTrack Holdings Inc., has added functionality to its DealerTrack Performance Suite that will enable dealers to comply with the Federal Trade Commission’s new Risk-based Pricing Rule, which goes into effect on Jan. 1, 2011.
Read More →TD Bank Group (TD) and Cerberus Capital Management today announced an agreement under which Chrysler Financial will be sold to TD for cash consideration of approximately $6.3 billion.
Read More →RouteOne is offering dealers a complimentary Risk-Based Pricing Notice tool to assist in compliance with the Risk-Based Pricing Rule issued jointly by the Federal Reserve System and the Federal Trade Commission.
Read More →ADP Dealer Services, a division of Automatic Data Processing Inc., released the names of seven companies that have successfully completed the approval process of the ADP Third-Party Access Program.
Read More →