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An Alabama used-car dealer who failed to decrease an active-duty service member’s loan interest rate before repossessing his car pleaded guilty to violating the Servicemembers Relief Act.
Read More →Franchised dealers are expected to realize a 3.35 percent increase in used-vehicle sales, while independents should be up 3.82 percent, CNW said today.
Read More →The estimated average transaction price for light vehicles in the United States was $31,663 in June 2013, up $370 from May and up $269 from a year ago.
Read More →The EasyCare Service Manager Roundtable will be held in both New England and Atlanta in August. It will feature a workshop with premier service manager and advisor training specialist Jeff Cowan.
Read More →Joe Holland Chevrolet files federal suit requesting exemption from the Affordable Care Act's requirement that it offer an option of the “morning-after pill” to employees.
Read More →Pandora reached two milestones this week. The Internet radio service is now integrated into 2.5 million vehicles through 23 major manufacturers. It also has established relationships with eight aftermarket manufacturers.
Read More →The Consumer Financial Protection Bureau has ordered U.S. Bank and its nonbank partner company, Dealers’ Financial Services, to pay restitution to participants in the Military Installment Loans and Educational Services (MILES) auto loans program.
Read More →In the past two years, the amount of time consumers spent shopping for a car decreased dramatically, but the percentage of that time spent researching vehicles online increased from 60 percent in 2011 to 75 percent in 2013.
Read More →If Kelley Blue Book’s prediction holds true, the automotive retail industry will realize its greatest year-to-date gain and its highest SAAR reading since Nov. 2012.
Read More →Using Ally Financial’s SmartAuction app, users can conduct private, one-on-one negotiations with the buyer or seller. They can also view and respond to pending offers.
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