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Tesla Fire Caused by Impaled Battery, Says CEO

According to The Detroit News, Tesla fire caused by impaled battery. The CEO of electric car company Tesla says a battery in a Model S that caught fire this week was apparently impaled by a metal object. Elon Musk gave more detail in a blog post Frid
Oct 7, 2013
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Mercedes’s Lower-Priced Sedan Draws Luxury Buyers on a Budget

Mercedes’s lower-priced sedan draws luxury buyers on a budget, according to Bloomberg Businessweek. Mercedes-Benz, already a nose ahead of BMW (BMW:GY) in the U.S. luxury race, just got a turbo boost from its new uber-cheap sedan. U.S. buyers s
Oct 4, 2013
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Wolters Kluwer Financial Services Teams with EverLogic

Wolters Kluwer Financial Services announced today that EverLogic, a leading provider of dealer management software (DMS), will integrate the company’s AppOne® platform with its DMS system. The integration will help dealerships of all types and siz
Oct 4, 2013
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Failure to Pay

Failure to pay, from F&I and Showroom. A car buyer trades in an old heap for a new ride, and the dealer agrees to pay off the balance due on the heap. Well, the dealer doesn’t pay off the trade, so the buyer sues. In such a suit, you might expe
Oct 4, 2013
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6 Tips for Buying a Car with Less-than-Prime Credit

6 tips for buying a car with less-than-prime credit, according to SubPrime Auto Finance News. For dealers who are trying to bring in subprime buyers who are better prepared to make a purchase, CarFinance.com released its 2013 Top Tips for Buying a Ca
Oct 4, 2013
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10 Best Used Cars Of 2013

10 best used cars of 2013, according to The Street. When demand for used vehicles rises, the race to find the most reliable beater on the market suddenly becomes a slightly scuffed version of the new car market. Sales of new cars increased 13.4%, but
Oct 4, 2013
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Automakers Scramble to Deal with Government Shutdown

According to CNBC, automakers scramble to deal with government shutdown. Federal workers furloughed as a result of Washington’s budget impasse could catch a bit of a break, at least if they own a Hyundai, the Korean maker offering to defer all
Oct 4, 2013
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Big 3 Up 15% for CPO Sales

Big 3 up 15% for CPO sales, according to AutoRemarketing. September was a particularly impressive month for the domestic automakers in the certified pre-owned market, as the Big 3 managed to collectively increase their CPO sales output by more than 1
Oct 4, 2013
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8 Strategies to Ignite Your Passion

8 strategies to ignite your passion, according to The Inc. 500. Passion is not just the way to happiness–it’s also the fuel that ignites success. Having passion for a particular goal, whether personal or professional, provides the energy
Oct 3, 2013