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Auto Financeby StaffJanuary 12, 2016

California Air Resources Board Rejects Volkswagen Recall Plan

CARB rejected Volkswagen's recall plan because it contained gaps and lacked sufficient detail. The agency said Volkswagen’s descriptions of proposed repairs lacked enough information for a technical evaluation and did not adequately address overall impacts on vehicle performance, emissions and safety.

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F&Iby StaffJanuary 12, 2016

NADA Used Car Guide Introduces NADA Values Online

NADA Used Car Guide has replaced its NADA Online product with NADA Values Online, offering lenders and automotive dealers new features as well as a more streamlined experience.

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F&Iby StaffJanuary 12, 2016

RoadVantage Announces New F&I Bundle

RoadVantage has announced a new addition to its Preferred customizable bundles. The new offering adds environment interior and exterior coverage to a package that already includes tire-and-wheel protection, cosmetic/alloy wheel repair, windshield repair, dent and ding, key replacement and emergency roadside service.

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F&Iby StaffJanuary 12, 2016

2015 New-Vehicle Sales Reaches 17.5 Million Units

New-vehicle sales for 2015 totaled 17.5 million units, with the industry closing out the year with December sales of 1.6 million units, according to Autodata Corp.

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F&Iby StaffJanuary 8, 2016

Registration Open for Dealer Summit 2016

Organizers of Dealer Summit announced that registration is now open for the event, which is scheduled for May 3–5, 2016, at the Sheraton Tampa Riverwalk Hotel.

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F&Iby StaffJanuary 7, 2016

Renault-Nissan Issues Four-Year Autonomous Vehicle Schedule

Renault-Nissan Alliance announced this week it will launch more than 10 vehicles with autonomous drive technology in the United States, Europe, Japan and China within the next four years.

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F&Iby StaffJanuary 7, 2016

AutoNation Reports Higher Sales, Lower Margins

Significant retail discounts drove up both December and fourth-quarter new-vehicle sales for the nation’s largest dealer group, but they also cut into the group’s sales margins, AutoNation officials said this week.

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F&Iby StaffJanuary 7, 2016

Cox Automotive Canada Acquires Manheim Source Edmonton

Cox Automotive Canada, through its Manheim Canada operation, has acquired complete ownership of Manheim Source Edmonton. The auction will now operate as Manheim Edmonton.

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F&Iby StaffJanuary 7, 2016

Edmunds, CUneXus Partner to Develop New Car-Buying Solutions

Edmunds is teaming with CUneXus to build new shopping and purchasing solutions. The latter offers a “click-to-accept” consumer loan platform that allows finance sources to deliver loan offers to in-market consumers through their mobile devices.

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F&Iby StaffJanuary 6, 2016

Goebel, Ziegler to Headline Dealer Summit

Organizers of Dealer Summit announced that Greg Goebel and Jim Ziegler will speak at the 2016 event, which will be held May 3–5 at the Sheraton Tampa Riverwalk Hotel.

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