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Minus Mercedes-Benz, automakers issued their sales reports for August. Big winners include Chrysler, Honda, Toyota and Nissan.
Read More →Subprime lending was on the rise in the second quarter, but Experian Automotive noted that lenders kept loan-to-value ratios in check.
Read More →The California state Legislature has sent three buy-here, pay-here bills to Gov. Jerry Brown’s office. He has until Sept. 30 to sign the measures into law.
Read More →Jumping into the service side of the dealership, Dealers United offers members a discount on online scheduling solutions with TimeHighway.com.
Read More →Higher transaction prices and lower incentive spending didn’t keep car buyers away from dealer lots, a positive sign for automakers and dealers.
Read More →Three bills aimed at buy-here, pay-here dealers move closer to becoming law. Assembly Bill 1447 gains approval from both houses and awaits the Gov. Jerry Brown’s signature, while AB 1534 and SB 956 head back to their respective houses for concurrence votes.
Read More →Edmunds.com estimates that the industry will sell 1.29 million units in August, keeping the industry on its 14.5 million-unit pace.
Read More →Under the new partnership, users of DealerSocket's CRM solution can now push customer and vehicle information directly into RouteOne’s credit application network.
Read More →TrueCar puts August’s seasonally adjusted annual rate at 14.2 million despite spotting a 6 percent drop in incentive spending.
Read More →In a reversal, compact and mid-size car prices are depreciating more than light trucks during the recent spike in gas prices.
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