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About 119 former customers of Saratoga Springs Nissan who were charged illegal fees and sold F&I products without their knowledge will share in $101,986 in restitution, according to the settlement reached between the dealership's former owner and the New York Attorney General's Office.
Read More →An Experian analysis found that out of all auto brands that sell in the United States, Jeep had the highest percentage of vehicles built domestically. According to the analysis, 96.7% of Jeeps on U.S. roads were assembled in the country.
Read More →Kelley Blue Book expects June new-vehicle sales to increase 5% from a year ago to 1.55 million units. This predicted increase should result in an estimated 17.1 million seasonally adjusted annual rate (SAAR).
Read More →With its new certification, Helion Automotive Technologies is now authorized to work with auto dealers to design, program and implement custom UC systems, as well as provide support for day-to-day operations and perform high-level troubleshooting.
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EFG Companies has named 30-year industry veteran Steve Roennau vice president of compliance, the company announced last week.
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Karen Queen has been appointed as the chief actuary for CNA National Warranty Corp. She spent the last nine years with CNA National's parent company, where she most recently served as the assistant vice president for professional liability pricing.
Read More →In a 6-2 decision, the Supreme Court vacated the 9th U.S. Circuit Court of Appeals' ruling that service advisors qualified for overtime pay because they were not considered “salesmen” under the Fair Labor Standard’s Act (FLSA).
Read More →Edmunds.com said today it expects the industry to post the best June sales since June 2005, when 1.67 million vehicles were registered. The retail SAAR should come in at 13.6 million units, with fleet transactions accounting for 20.1% of total sales, according to the firm.
Read More →Shoppers age 18 to 24, or Generation Z, buy 6.5 times more used cars than new cars, according to an analysis of Polk vehicle registration data analyzed by Edmunds.com. While it’s not surprising that college-aged consumers are buying used cars, what they’re buying is.
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The business unit of KAR Auction Services has promoted C.J. Lopez to director of major dealer accounts, and Kjersta Loyd to regional dealer sales manager for the Mideast and Midwest regions.
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