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Complianceby StaffMay 26, 2015

Disparate Impact Ruling Expected This Week

A case debating a legal theory used by the Consumer Financial Protection Bureau to go after auto finance sources for perceived discrimination in dealer markup is expected to be ruled on this week by the U.S Supreme Court.

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Digitalby StaffMay 26, 2015

Larry H. Miller Dealerships Introduces Online Buying Experience

The dealer group will now allow customers to select and reserve vehicles online, accelerating the car-buying experience. The new service is initially launching in select stores, but will be available at every location by late summer.

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Auto Financeby StaffMay 26, 2015

Portfolio Repeats Top Diamond Ranking in Dealers’ Choice Awards

Portfolio has again been ranked as the top Diamond provider in the Vehicle Service Contracts – Reinsurance category in the annual Dealers’ Choice Awards.

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Auto Financeby StaffMay 21, 2015

Lease Deals Heat Up in May, Swapalease.com Reports

Swapalease.com reports that aggressive lease deals have continued in May, with 15 popular cars and trucks being offered in its new lease online marketplace for monthly payments of $200 or less leading into Memorial Day weekend.

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Showroomby StaffMay 21, 2015

TrueCar Denies Claims in CNCDA Lawsuit

The California New Car Dealers Association filed a lawsuit against TrueCar last Wednesday, alleging the that the shopping site is not in compliance with certain sections of the California Vehicle Code — a claim TrueCar has denied.

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F&Iby StaffMay 21, 2015

RoadVantage Wins its First Dealers’ Choice Gold Award

F&I program product provider RoadVantage has won its first Dealers’ Choice Gold Award. The company was selected by readers of Auto Dealer Monthly.

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Digitalby StaffMay 21, 2015

LoJack Releases Annual Vehicle Theft Report

Law enforcement officials recovered more than $83.5 million in stolen vehicles equipped with the LoJack Stolen Vehicle Recovery System in 2014, according to the company’s sixth annual Vehicle Theft Recovery Report.

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Complianceby StaffMay 20, 2015

CNCDA Files Suit Against TrueCar

The California New Car Dealers Association filed a lawsuit Wednesday against TrueCar, alleging that the shopping site is not in compliance with certain sections of the California Vehicle Code.

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Auto Financeby StaffMay 19, 2015

Subprime Loan Percentage Falls to Lowest Level in Three Years

In the first quarter of 2015, the percentage of automotive loans that fell within the subprime and deep subprime risk categories made up 19.7% of the market, the lowest share since 2012, according to Experian Automotive.

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Auto Financeby StaffMay 19, 2015

CNA National Voted Top Provider for 11th Year in a Row

CNA National has received the Diamond Award for Best Service Contract Provider as well as the Platinum Award for Best Reinsurance Provider in Auto Dealer Monthly’s 2015 Dealers’ Choice Awards.

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