Posts
Aftermath of Hurricane Sandy Boosts November Car Sales, Says Edmunds.com
SANTA MONICA, Calif. — Car sales deferred and created by Hurricane Sandy helped to get the auto industry back on track in November, reports Edmunds.com, the premier resource for automotive information. Edmunds.com forecasts that 1,107,378 new cars
Nov 29, 2012
TransUnion: National Auto Loan Delinquency Rate Rises, Though Remains Relatively Low
CHICAGO, IL — The national auto loan delinquency rate (the ratio of borrowers 60 or more days past due) rose from 0.33% in Q2 2012 to 0.38% in Q3 2012, though it remains near historic low levels. One year ago, the auto loan delinquency rate
Nov 29, 2012
Auto Loan Originations at Highest Levels in Five Years, Equifax Reports
ATLANTA– The latest data from Equifax’s National Consumer Credit Trends Report shows that the total number of auto loan originations from January-August 2012 totaled 14.6 million — the highest number of originations for that timefr
Nov 29, 2012
Shift Women’s Objections about Car Leasing
PITTSBURGH, PA. — Women are now the fastest growing segment of new and used car buyers. The latest reports project that new vehicle sales are expected to rise to 14.5 million this year, with an estimate that 25% of that total will be from lease
Nov 29, 2012
Healthy Dealerships Offer Fat-free Menus
All indicators point to a strong recovery of the auto industry; dealerships are delighting in the annual selling rate of 14 million vehicles and lenders are being more liberal in the face of the recovery. In fact, a new report from Experian Automotiv
Nov 28, 2012
Online Retailer of Hybrid Accessories Doubles in Sales by Steadily Meeting Hybrid Owners’ Demands for Style and Performance
JuicedHybrid.com Delivers High Quality Auto Accessories for Eco-Conscious Drivers Redwood City, CA – In the auto industry where performance and style are always important to consumers, many hybrid automobiles get sidelined due to the impetus toward
Nov 28, 2012
Auto Data Direct Urges Car Dealers to Prepare for ELT Requirement
TALLAHASSEE, Fla. — Auto Data Direct, Inc., (ADD) Florida’s leader in real-time business solutions for automobile dealers, is urging Buy-Here Pay-Here dealerships to get ready for the state’s new Electronic Lien Title (ELT) processi
Nov 28, 2012
World’s largest car wax gives a thousand year shine
The world’s largest car wax has been created to mark the fifth anniversary of specialist car wax manufacturer, Dodo Juice of Elsenham, UK. Weighing over 24kg and standing almost half a metre tall, ‘Dodo Juice Millennium’ contains 20 litres of p
Nov 28, 2012
More New Dealerships Being Proposed
Existing dealerships should not sit on the sidelines As of last week, Kia Motors America has again announced that it intends to add new dealerships across the U.S. In particular, Kia appears to be focused on the “top 10” metropolitan markets in t
Nov 27, 2012