Auto Retail News

MINNEAPOLIS – Wolters Kluwer Financial Services announced that MB Financial Bank is expanding its use of the Wolters Kluwer Financial Services AppOne® platform as it makes its Indirect Finance Program available to the personal watercraft and p

According to a story from The Wall Street Journal, some auto dealers are getting together to oppose the new fuel economy rules that are being administered by the Obama administration.  The story said the dealers, about 400 of them, are planning a tr

EDEN PRAIRIE, Minn. — GE Capital Fleet Services has expanded its longtime relationship with Carfax to provide the wholesale market with greater access to vehicle data. Now, buyers at auction have access to more valuable information about the hi

DEARBORN, Mich.– Ford customers, more than ever, are buying vehicles with advanced driver-assistance systems. Ford’s radar-based technologies that help alert drivers of potentially dangerous situations are being purchased at rates sometimes appro

SHANGHAI — GMAC-SAIC Automotive Finance Co., Ltd. (GMAC-SAIC), a joint venture between Ally Financial Inc., Shanghai Automotive Group Finance Co., Ltd. and Shanghai General Motors Co. Ltd. (SGM), announced today that after seven years of doing

DETROIT: Nearly 125,000 Chevrolet fans have spoken, naming the 1969 Camaro the “Best Chevy of All Time.” As part of Chevrolet’s Centennial celebration, fans were asked to vote for their favorite vehicle from Chevrolet’s 100-y

IRVINE, Calif. — Consumer Portfolio Services, Inc. (“CPS”) announced that today it purchased a $237 million portfolio of performing automobile receivables from Fireside Bank, a wholly owned subsidiary of Kemper Corporation (form

RALEIGH-DURHAM, NORTH CAROLINA – Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, broke ground on its new 107±-acre permanent auction site in Butner, North Carolina (Granville County) just north of Raleigh-Durham yesterday (

CRYSTAL LAKE, IL – Yet another federal regulation auto dealers must comply with is rapidly approaching. Automotive Compliance Consultants reminds dealers that this regulation requires them to complete a Spill Prevention Plan by Nov. 10 if their dea