Former sales manager indicted for falsifying customer loan documents, according to Fox 6. A former sales manager at Serra Nissan has been indicted by a federal grand jury for bank fraud, according to court documents obtained by Fox6 News. The investi

Improve trade-in experience for your customers using these 4 tips, from Subprime Auto Finance News. Because hammering out an agreeable trade-in value creates negative feelings for potential buyers, AutoTrader.com offered four tips to help dealers eas

According to Used Car News, dealer sells luxury car to launder drug money. An Oregon used-car dealer known as “Fast Eddie” pleaded guilty to money laundering. The Internal Revenue Service initiated a “sting” money laundering investigation of

GM Q3 net income off 54%, but it beats forecasts, according to USA Today. General Motors reported third-quarter earnings of $698 million, after the cost of special items, down 53% from a year ago on a slight increase in revenue to $39 billion — whi

22 senators demand CFPB answers auto lending policy questions, according to SubPrime Auto Finance News. Dealer associations, legal service providers and industry organizations have sought clarity as to how the Consumer Financial Protection Bureau pla

Auto sales bounce back from government shutdown, according to USA Today. With four days left in the month, auto dealers can apparently let out a few sighs of relief. Auto buyers have apparently shrugged off the government shutdown and gone back to he

Handling insurance questions on your dealership blog, according to Stratosphere Studio. As everyone in the automotive world knows, the relationship with auto insurance companies can be a little delicate, at times. Naturally, as two entities that have

Auto loan delinquency trends mixed in Q2, according to Sub Prime Auto Finance News. The American Bankers Association’s Consumer Credit Delinquency Bulletin showed mixed trends in regard to auto-loans during the second quarter. ABA found that Q2

Consumer credit in U.S. rises $13.6 billion on car purchases, according to Bloomberg. Consumer borrowing rose more than projected in August as Americans took out more loans for motor vehicle purchases and education. The $13.6 billion increase in cred