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Following auto dealer Marty W. Stevens’ indictment on theft charges, federal, state, and county law enforcement officers seized multiple vehicles and business records from his used-car dealerships and home.
Read More →The mass action, antitrust lawsuit against Carfax now lists more than 500 dealers as plaintiffs. The suit, which originated on the East Coast, has now reached California.
Read More →The program, set to launch Aug. 1, offers multiple MSRP limit selections, includes private passenger commercial utilization, flex buy and more. The new product has also been incorporated into NAC ExpressLane.
Read More →A new e-Book from MaximTrak shows that F&I managers who use its eMenu technology are boosting product penetration and PVR.
Read More →Toyota Financial Services’ president and CEO George Borst announced his retirement. Stepping into his role will be Mike Groff, who will officially take over as CEO and president on Sept. 30.
Read More →Jeff Loos, formerly of VinSolutions, will provide new marketing and advertising strategies to enhance and modernize CAR-Research XRM’s CRM and dealer marketing system.
Read More →For the second consecutive year, BMW Financial Services ranked highest in leasing and Mercedes-Benz Financial Services ranked highest in floor planning in J.D. Power’s annual U.S. Dealer Financing Satisfaction Study, which also noted increased adoption of e-contracting technologies.
Read More →MPi unveiled its updated website with refreshed design and features for auto dealers.
Read More →Equifax's latest report on national consumer credit trends finds that delinquency rates for auto loans decreased more than 11 percent year over year, while new credit climbs to an eight-year high in the opening quarter of 2013.
Read More →Officials say they don’t expect the CFPB’s targeting of dealer participation to impact the company’s economics. They also offer updates on the company’s roll out of a prime product and its acquisition of Ally Financial’s international business units.
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