Auto Retail News

Credit cards dominate consumer reports; Debt collection tops disputes WASHINGTON, D.C. — This week, the Consumer Financial Protection Bureau (CFPB) released a report on the consumer experience with the three largest nationwide credit reporting comp

HOUSTON — Group 1 Automotive, Inc.(NYSE: GPI),a Fortune 500 automotive retailer, announced this week that VW Credit, Inc. has signed on as a partner to its existing $1.35 billion revolving credit facility that expires in June 2016. The lenders

The Digital Dealer Virtual Exposition concluded on December 11th after seven days of a brand new way to showcase the latest digital marketing strategies and technology solutions for franchised dealerships. However, for those of you that missed the ev

But Has Minimal Impact on Future Dealership Selection Mercedes-Benz Financial Services; Lincoln Automotive Financial Services; Volkswagen Credit; and Ford Credit Rank Highest in Their Respective Financing Segments WESTLAKE VILLAGE, Calif. — The

The following commentary is produced monthly by Tom Kontos, Executive Vice-President, ADESA Analytical Services. ADESA is a leading provider of wholesale used vehicle auctions and ancillary remarketing services. As part of the KAR Auction Services fa

According to Ricky Beggs, Managing Editor of Black Book, the credit freeze, recession and domestic carmakers’ reorganization all forced a big drop in the number of leases written in 2008-09. Chrysler stopped leasing altogether for a period, and bot

MEMPHIS, Tenn. – Memphis-area residents have another option for purchasing used cars now that a new J.D. Byrider location is open at 2580 Mt. Moriah Road. The 30,900 square-foot location offers used car sales, financing and a customer service cente

According to December’s edition of Guidelines, NADA Used Car Guide’s monthly market update, used depreciation improved in November. Click here to download a PDF of Decembers edition of Guidelines   NADA Official Used Car Guide Upd

Named Official Car for 2013 International CES DEARBORN, Mich. – Customers are reacting positively to the new Ford C-MAX Energi plug-in hybrid and C-MAX Hybrid, which combined to outsell Toyota Prius plug-in and Prius v during November, the first fu