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

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

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

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

According to Sub Prime Auto Finance News, Illegal use of text messages in collection triggers penalty from FTC. Panel discussions about collections at events hosted by the National Alliance of Buy-Here, Pay-Here Dealers sometimes stir the most attent

According to Reuters, prime auto ABS exhibiting less volatility than in prior years. Prime annualized net losses (ANL) crept up 3% in August over July’s level, showing much less of an increase during this historically weaker period, according t

Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that their integration with RouteOne LLC will now allow Finance Express’ unique pool of independent dealers t

Chase, JPMorgan ordered by CFPB to refund $309M to customers, according to F&I and Showroom. The Consumer Financial Protection Bureau (CFPB) targeted another major credit source for the way it delivers add-on products to customers. This time it w

According to Used Car News, state sues auto pawn shop. A Wisconsin auto pawnshop has been banned from selling certain service contracts. The Wisconsin Department of Justice and the Wisconsin Department of Financial Institutions, along with the Legal