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An antitrust lawsuit against Carfax has garnered 700 plaintiffs, up from just 124 when the suit was originally filed in May last year.
Read More →In August, the estimated average transaction price for light vehicles in the United States was $32,495, according to the vehicle valuation source. New-car prices have also increased 2.7% from the same period last year.
Read More →The firm has added Gary Becker and Barbara Sinsley, who will work with current Hudson Cook attorneys in creating a new practice group to focus on lender oversight and regulatory compliance for third-party debt collectors, debt buyers, collections law firms, and creditors collecting their own debts.
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Lori Wittman was promoted to vice president and general manager of the company, while Sean Stapleton assumed an expanded role as vice president of sales and marketing.
Read More →The percentage of new-vehicle loans made to credit-challenged car buyers was at 15.1% in the second quarter of 2014, down from 22.1% in the same period in 2013, according to Experian Automotive.
Read More →Starting Oct. 1, telemarketers accessing phone numbers on the National Do Not Call Registry will pay $60, an increase of $1, for access to Registry phone numbers in a single area code.
Read More →The preconference seminar is designed for general managers, sales managers, BDC and Internet department directors, and F&I directors. The all-day seminar is being offered as a value-add for registrants of Industry Summit.
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The dealership will be the first to feature the program, which allows Aston Martin buyers to completely customize their automobile before it rolls out of the factory.
Read More →Western Funding has integrated with DealerCenter, making its financial products more accessible to dealerships by providing instant approvals and the ability to change deal structure on the web-based platform.
Read More →The interactive tool, located on Ally’s website, leads consumers through five sample questions to help them determine the best purchase option for their driving needs and budget.
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