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.
Domestic automakers continue to benefit from a strong market for pickup trucks. The firm also expects big gains for Nissan.
Exclusive application process matches car buyers with best financing option. The Finance Center offers a full spectrum of credit options for all credit levels.
The captive becomes the first finance source to launch an in-vehicle app that allows vehicle owners to manage their account. The app will be available on model-year 2013 and newer Mercedes-Benz vehicles equipped with the COMAND Navigation system.
American Guardian named Tim Brugh as its new president. He succeeds Al Ranieri, who will now serve as the company’s chairman of the board.
TrueCar hires Mike Dunn as its new chief technology officer. He most recently served as CTO for Hearst Interactive Media, and has held similar positions with Time Warner and Dell Online.
F&I Administration Solutions LLC announced the integration of PayLink Payment Plans financing services into its dealer electronic rating and electronic contracting solution.
Tired of talking about the CFPB, the editor offers a few thoughts on what he thinks is a great opportunity to better connect with car buyers.
Marquet International released its annual white collar fraud and embezzlement report today. The report reveals that more automotive employees are embezzling than in previous years.
The new partner will establish the firm’s West Chester, Pa., office, and will be focused on state and federal consumer finance laws for banks and non-bank consumer credit providers.
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