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Vehicle OEMs are hopeful for a sales rebound after winter storms pushed down sales in late January. According to Autodata, both the industry SAAR and total sales were down from a year ago.
Read More →Ross Roberts, a longtime Ford Motor Co. division general manager and strong supporter of fleet sales, died Wednesday at his Bay Harbor, Mich., home. He was 75.
Read More →A new brand loyalty report from CarFinance.com found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.
Read More →Cal-Tex has promoted Tim Akard to vice president of sales. Akard started his career with Ford Motor Credit and has extensive experience in the design and administration of self-insured and reinsured products and services for franchised dealers.
Read More →December sales were in line with last year’s total, while annual sales increased nearly 8% to 15.6 million units.
Read More →This year’s conference will feature Patrice Ficklin, assistant director of the CFPB’s Office of Fair Lending, as well as a candid discussion between executives from GM Financial, Toyota Financial Services and Chase Auto Finance.
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Ford predicts it will come in as the top-selling marque for 2013, a title it’s held for four straight years.
Read More →Not only is the number of vehicles on the road today at its highest level since 2008, the average age of the current fleet increased a full year from four years ago, Experian Automotive reports.
Read More →Toyota’s captive finance arm has been able to draw a wider range of customers through no-interest loans and low-cost leases, thanks to its automaker’s AA-credit rating and $95 billion in assets, Bloomberg reports.
Read More →Dataium reports this week that automotive shopper intensity declined across all segments for the second consecutive month in September. But the research firm believes shoppers are adjusting their browsing behaviors in preparation for the holidays.
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