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The Bureau of Labor Statistics reports that auto dealers have added 42,000 jobs since January 2013, pushing total employee count to just north of 1.16 million.
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Ally Financial’s quarterly report shows growth for the company and its network, but also reveals the impact of the company’s settlement with the CFPB and DOJ, as well as its ResCap bankruptcy plan.
Read More →According to Swapalease.com, lease approvals are following similar patterns as the broader consumer credit trends, falling from 73.3% in December to 70.5% in January.
Read More →Maserati, Jeep and Jaguar dealer websites experienced increases in online shopping activity following the Super Bowl.
Read More →An excessive supply of used vehicles hitting dealer lots is expected to drive prices down and cause a chain reaction that could raise monthly payments and lower trade-in values.
Read More →Jennifer Lee, formerly the company’s senior director of product, will continue overseeing the company’s mobile platforms, CRM tools, campaign MGT tools and Haystak websites in her new role.
Read More →By unanimous vote, the Federal Trade Commission approves final orders settling charges against two dealers for deceptive advertising.
Read More →Asbury Automotive Group, which reported a record fourth quarter, does not plan to alter any business practices in response to the CFPB’s scrutiny of rate participation programs. Officials reveal that the dealer group already has already adopted many of the regulator's recommendations.
Read More →Dealers using Ristken’s Menu-Pro will not be able to quote US Equity Advantage’s biweekly payment product directly from the menu tool.
Read More →RV Warranty Forever has named Robert Crist and Company RV and World Wide RV the exclusive RV Warranty Forever dealer group in the Phoenix Valley and northern Arizona.
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