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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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F&Iby StaffMay 19, 2015

Auto/Mate Receives Platinum Dealers' Choice Award

Auto/Mate Dealership Systems has received a Platinum award in the 2015 Auto Dealer Monthly Dealers' Choice Awards, marking the second time the company has received a top ranking in the publication's annual award program.

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F&Iby StaffMay 19, 2015

Manheim Reschedules Make-A-Wish Car Show

Manheim Louisville has rescheduled its Cruisin’ for Wishes car show and fundraiser for June 13, after the event was rained out on May 16.

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Complianceby Gregory ArroyoMay 14, 2015

FTC Calls on States to Lift Direct-to-Consumer Sales Bans

A new Michigan bill that would allow ‘autocycle’ manufacturer Elio Motors to sell directly to consumers spurs the Federal Trade Commission to urge all states to lift bans on direct-to-consumer sales.

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