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Digital•by Staff•May 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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Compliance•by Staff•May 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 Finance•by Staff•May 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 Finance•by Staff•May 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&I•by Staff•May 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&I•by Staff•May 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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Compliance•by Gregory Arroyo•May 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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Digital•by Staff•May 14, 2015

Edmunds Updates App with Messaging Platform

Edmunds.com updated its mobile app with a new feature that allows shoppers to send text messages to dealers.

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Auto Finance•by Staff•May 14, 2015

Student Loan Impact May Be Overblown, TransUnion Finds

Despite an unprecedented rise in student-loan balances over the past decade, a new TransUnion study found that student loan obligations have not inhibited younger consumers’ ability to access and repay other consumer credit categories such as auto loans.

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Auto Finance•by Staff•May 14, 2015

Heritage Indemnity Retains 'A' Rating, A.M. Best Reports

Heritage Indemnity Company has retained its financial strength rating and issuer credit rating of “A” following the recent announcement of its agreement with AmTrust Financial Services, according to A.M Best.

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