September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
U.S. new vehicle retail sales are expected to drop 888,900 units in September, from 1,182,788 a year ago.
Pioneers in their respective industries unite to deliver innovative automotive insurance solutions to dealers and car buyers nationwide.
Service satisfaction is on the rise despite the three-year increase in vehicle recalls, according to J.D. Power. The firm also reported that customer satisfaction was significantly higher at dealerships offering service express lanes.
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.
Lenders that provide excellence in the servicing and onboarding experiences from the beginning of the loan or lease process set the stage for customer satisfaction throughout the financing duration, according to the J.D. Power 2013 U.S. Consumer Financing Satisfaction Study.
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.
Dealership service departments are driving up customer satisfaction. The reason, according to J.D. Power and Associates’ annual Customer Service Index study, is repair work is down and maintenance visits are up.
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