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Dealer management system provider AutoSoft unveiled a new logo and launched a new Website to better meet the needs of auto dealers.
Read More →NADA Used Car Guide announced that NADA AppraisalPRO has been optimized to work on smartphones, including iPhones, iPads, Androids and Palm Pre/Pixies.
Read More →Consumer credit increased at an annual rate of 1.1 percent, or $2.1 billion, in September, according to the Federal Reserve’s monthly report.
Read More →Huntington is expanding its auto dealer financing business into five New England states: Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
Read More →Edmunds.com estimated that the average car incentive in the United States was $2,498 per vehicle sold in October 2010, down $61, or 2.4 percent, from September 2010, and down $172, or 6.4 percent, from October 2009.
Read More →Automotive shoppers are increasingly using mobile devices to access information to shape their buying decisions, but are automotive manufacturers and dealers ready? J.D. Power and Associates reveals some insights on what makes for a customer-grabbing mobile site.
Read More →MVCONNECT LLC’s MVTRAC, a motor vehicle data network provider, has added Santander Consumer USA Inc. to its network of automotive lenders.
Read More →After remaining stable during the last four years, the percentage of used-vehicle buyers who use the Internet in their shopping process has increased to 68 percent in 2010 — a five percentage point increase from 2009, according to J.D. Power and Associates.
Read More →ALG today announced that Toyota’s perceived quality score (PQS) registered a sharp 5 percent increase in the last six months, with the carmaker bouncing back to second place from sixth among mainstream brands in ALG’s Fall 2010 Perceived Quality Study.
Read More →The October acquisition of Western Funding Inc. by former Harbor Structured Finance executives Frederick and Katherine Cooper and Philip D. Nick came as a surprise to many dealers, some of whom first partnered with the 48-year-old finance company decades ago. New details provided by the acquiring parties, however, show that a deal had been in the works for some time.
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