A new study from Kelley Blue Book found that 58% of men are confident in the car-buying arena, versus 38% of women. As a result, women take longer to make a purchase decision.
Read More →A judge in Maryland dismissed a lawsuit against the Pohanka Auto Group. It alleged that the group’s GAP coverage was “phony” because it did not meet the definition of a debt-cancellation agreement under Maryland law.
Read More →The firm’s CreditPlus is an interactive credit application platform that instantly preapproves shoppers based on the dealer’s defined credit criteria. Consumers can also view their credit score and pick their payments.
Read More →TrueCar's 9,000 certified dealers have agreed to disclose costs for vehicle accessories and non-governmental doc fees under the firm's new 'No Surprises' initiative.
Read More →Wholesale used-vehicle prices softened for the fifth straight month in a row, ADESA reported this week. But improved retail sales of used vehicles helped cushion the blow from growing supply.
Read More →Dealertrack’s CRM has been certified as part of the Reynolds Certified Interface Program, which provides a standardized approach to handling dealership data.
Read More →Chase Auto Finance originated $6.8 billion in auto loans during the third quarter, which was up from a year ago but down 4% from the second quarter. Average auto loans were $52.7 billion, up 4% from a year ago.
Read More →The CFPB published its proposal rule to oversee larger participants in the nonbank auto finance segment in the Federal Register last week, kicking off a 60-day public comment period that ends on Dec. 8.
Read More →More than 70% of new-car dealers surveyed in September said they increased their charitable giving in 2014, according to a new survey conducted by the NADA and Ally Financial.
Read More →Exeter announced this week the pricing of a $500 million securitization backed by auto loan receivables.
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