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In his state of the industry report, CNW Research’s Art Spinella said several indicators point to a solid first quarter 2011. What his data doesn’t point to, however, is the industry cracking the 13 million-unit mark next year.
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Two years after leaving office, former President George W. Bush remains a harsh critic of the executives he believes led the U.S. auto industry down the path to self-destruction.
Read More →Pennsylvania Attorney General Tom Corbett has announced that he and the attorneys general for 10 other states have reached a settlement with US Fidelis, the St. Louis-based vehicle service contract provider that was forced into bankruptcy in April after being charged with false and deceptive business practices.
Read More →Exeter Finance Corp., a specialty auto finance company, has entered into a $150 million warehouse line of credit with Wells Fargo Bank N.A.
Read More →DealerTrack Holdings Inc. reported third-quarter revenue of $63.1 million, an increase from $58.8 million in the year-ago period.
Read More →Lower than expected losses for 2009 U.S. prime auto ABS loans are positioning this vintage for continued positive rating performance as the broader economy slowly improves, according to Fitch Ratings.
Read More →ATcon, a consulting firm focused on fixed operations, has launched a new version of its Electronic Repair Order Analysis (EROA) solution, which analyzes repair orders and assesses service advisor performance.
Read More →To help industry executives anticipate and deal with changes in the vehicle finance marketplace, the American Financial Services Association’s (AFSA) said its 15th Annual Vehicle Finance Conference and Exposition will focus on evolving with the changing market.
Read More →Wolters Kluwer Financial Services is now offering captive finance companies, lenders and auto dealerships universal closed-end motor vehicle lease agreements for all 50 states.
Read More →Dealer Specialties, a division of Dominion Dealer Solutions and a provider of inventory management solutions, Websites and marketing tools, introduced an iPhone application for its “Inventory Management” solution.
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