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Only seven percent of car shoppers say they are likely to consider an electric vehicle for their next new-vehicle purchase or lease, according to a Kelley Blue Book Market Intelligence study on electric vehicles.
Read More →Coping with the uncertainty of the Dodd-Frank Act and its newly-formed Consumer Financial Protection Bureau (CFPB) will be among U.S. financial institutions’ foremost concerns in 2011, according to the experts at Wolters Kluwer Financial Services.
Read More →Finance Express, a provider of Web-based financial services and technology for independent dealers, has added E&S Funding LLC to its lender platform.
Read More →Open Dealer Exchange LLC has formed an agreement with Crescent Bank & Trust (CB&T) to integrate the lender directly within the dealer management system (DMS) during the loan approval process.
Read More →This month's new-car sales (including fleet sales) are expected to be approximately 865,500 units, a 17 percent increase from November 2009 but a 8.1 percent decrease from October 2010, according to Edmunds.com.
Read More →Sources close to both organizations are reporting that F&I and Showroom and Agent Entrepreneur’s collaborative effort to launch an agents-only conference is nearing fruition.
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Visitors to this year’s L.A. Auto Show were treated to the debut of a number of new models and concept vehicles in the cavernous confines of the Los Angeles Convention Center. A few blocks to the south, another attraction awaited visitors: a “showcase” dealership that will house all four of Chrysler LLC’s vehicle brands, as well as a Mopar-branded service center and a FIAT franchise.
Read More →The 70-year-old former owner of Valley Auto Sales in Las Cruses, N.M., was arrested last week on 17 counts of forgery.
Read More →TrueCar.com reported today that it expects new light-vehicle sales (including fleet) to be 868,283 units, up 16 percent from November 2009 and a decrease of almost 9 percent from October 2010 (on an unadjusted basis).
Read More →Bank of America rolled out today a new online shopping site for new and used vehicles that links prospective buyers to the bank’s certified dealers.
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