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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.
Read More →The cloud-based data mining analytics and dealer portfolio management solutions provider has named Brian Skutta at its new CEO. It also named Akshaya Mehta to the newly created position of chief technology officer.
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