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F&I•by Staff•March 3, 2015

New-Car Transaction Prices Climb in February, KBB Reports

New-car prices increased 3.6% over last February, with Hyundai-Kia showing the largest percentage gain of all major OEMs.

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Digital•by Staff•March 3, 2015

Experian’s AutoCheck Integrates with AutoAlert

Experian Automotive’s AutoCheck vehicle history reports are now integrated with AutoAlert’s Deal Sheet function, cutting down the time needed to prepare customer presentations.

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Compliance•by Staff•March 3, 2015

Mass. Dealer Sued for Selling Defective Cars

Massachusetts Attorney General Maura Healey has filed a complaint against a used-car dealer who allegedly had customers fill out blank contracts and then charged them at least twice the agreed-upon price for defective cars.

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Digital•by Staff•March 3, 2015

J.D. Power: In-Car Tech Impacting Dependability, Brand Loyalty

Bluetooth connectivity and voice recognition issues are the most frequently reported problems after three years of ownership, according to J.D. Power's 2015 U.S. Vehicle Dependability Study.

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F&I•by Staff•February 26, 2015

Santander Agrees to $9.35 Million DOJ Settlement

Santander has agreed to settle charges that it illegally repossessed more than a thousand cars it financed for active service members over a five-year period.

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Compliance•by Staff•February 26, 2015

Ala. AG Shuts Down Dealer for Fraud

Alabama Attorney General Luther Strange was granted a temporary restraining order against the owners of a used-car dealership, as well as permission to seize the dealer’s property.

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Auto Finance•by Staff•February 26, 2015

TransUnion: Auto Loan Growth Driven by Millennial Originations

The millennial generation is the fastest-growing segment of auto loan consumers, representing 27% of total auto loan originations in 2014, according to data from TransUnion.

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Digital•by Staff•February 26, 2015

Dealertrack Introduces New Inventory Management Mobile App

Dealertrack has introduced its new Inventory+ Mobile app, a comprehensive inventory management solution. The app replaces Dealertrack’s existing TrueTarget Mobile app.

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Auto Finance•by Gregory Arroyo•February 24, 2015

President Once Again Takes Aim at Reinsurers

For the sixth time, President Barack Obama has included language in his annual budget that would end some of the tax benefits enjoyed by reinsurers. Market insiders don’t believe it will gain support from the Republican-controlled Congress.

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F&I•by Staff•February 24, 2015

ADESA Pulls Out of Proposed Multi-Platform System

ADESA will not participate in the automotive remarketing industry's initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.

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