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The CFPB Puts Debt Collectors on Notice

The CFPB is now taking consumer complaints regarding debt collectors. The bureau also warned firms they will be held accountable for unlawful debt-collection activities.

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Auto Industry Adds 1,300 Jobs in May, ADP Reports

According to a new report from the ADP Research Institute, the auto parts and dealer industries accounted for 410 of the jobs added last month, while gasoline and auto repair industries added 710 jobs in May. The rental industry added 210 jobs.

Big Summer Expected for New-Vehicle Sales, J.D. Power and LMC Predict

The automotive retail market is expected to close out the first half on a positive note, and the two market research firms believe the momentum should carry through the summer.

AutoUSA Offers Shop-By-Payment Tool

AutoUSA’s newest tool caters to today’s payment buyer, as the firm aims to offer a new way to shop on auto dealer websites.

NH Gov. OKs Dealer Bill of Rights Amendment

Today, New Hampshire Governor Maggie Hassan signed into law legislation that amends the state's Dealer Bill of Rights. The bill limits OEM-prescribed facility upgrades to every 15 years, among other provisions.

IHS to Acquire R.L. Polk & Co. for $1.4B

IHS signs definitive agreement to acquire the market research firm and its subsidiary, Carfax. The addition of Polk would put IHS at center of today’s most critical business decisions for the automotive industry.

ADP Dealer Services Launches Hosted Video Service

ADP Dealer Services will now offer dealers cloud-delivered video services. The new solution will use plug-and-play desktop solutions from Polycom Inc.

Edmunds.com Sheds New Light on Car Shopping Trends and Behaviors

Edmunds.com found that car buyers spent an average of $30,803 on new-car purchases last year. This data closely mirrors what 2011 survey participants anticipated to be spending in the future.

Memorial Day Could Drive Up May Sales by 6 Percent, KBB Reports

Domestic automakers continue to benefit from a strong market for pickup trucks. The firm also expects big gains for Nissan.

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PRNDL.com Adds Finance Center

Exclusive application process matches car buyers with best financing option. The Finance Center offers a full spectrum of credit options for all credit levels.