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Ahead of the Bell: August Auto Sales

Ahead of the bell: August auto sales, from Yahoo Finance. U.S. auto sales were so strong in August that it may have been the best month since May of 2007, when $3 a gallon gasoline set off panic buying of fuel-thrifty vehicles. LMC Automotive, an ind
Sep 4, 2013

DealerStar Awarded GM Global Warranty Management Certification

DealerStar Inc, announced it has been awarded General Motor’s Global Warranty Management (GWM) certification. This certification allows GM dealer clients to quickly and easily process and manage warranty claims. “DealerStar’s interf
Sep 3, 2013

Experian Automotive Report Shows Consumers are Relying on Automotive Financing more Than Ever Before

Experian Automotive today announced that a record 84.5 percent of consumers who acquired a new vehicle in the second quarter obtained either a loan or a lease to fund the purchase. According to the latest State of the Automotive Finance Market report
Sep 3, 2013

SunPath Implements SEcureARCH Administration System from StoneEagle

StoneEagle Insurance Systems, Inc. (StoneEagle), a leading provider of administration systems to F&I product providers and insurance companies, is pleased to announce that SunPath implemented StoneEagle’s SEcureARCH system to completely manage
Sep 3, 2013

Edmunds.com Settles With Firm for ‘Fake Reviews’

According to F&I and Showroom, Edmunds.com settles with firm for ‘fake reviews’. Texas-based online reputation management firm Humankind Design Ltd. agreed to settle a lawsuit brought forth in late June by Edmunds.com. The suit allege
Aug 30, 2013

Dealer Must Repay $2M After Plea Bargain

According to Courier-Post, dealer must repay $2M after plea bargain. A judge has ordered a used-car dealer who admitted not giving the state all the sales tax he was collecting to pay more than $2 million in restitution and to never again own, work a
Aug 30, 2013

Fitch Sees ‘Softer Fall’ Approaching in U.S. Auto ABS Market

According to SubPrime Auto Finance News, Fitch sees ‘softer fall’ approaching in U.S. auto ABS market. Fitch Ratings reported this week that losses on both prime and subprime U.S. auto ABS rose in July following lows seen earlier in the s
Aug 30, 2013

Complí and OCEG Partner to Deliver “Path to Compliance Obligation Management” Illustration

Complí®, the nation’s trusted provider of compliance obligation management software, has partnered with the Open Compliance and Ethics Group (OCEG) to sponsor the latest edition to OCEG’s illustrated series which delivers concise solutions to t
Aug 27, 2013

Despite Increasing Car Loans, Most Still Pay On Time

Despite increasing car loans, most still pay on time, according to The Detroit News. Many Americans are carrying higher auto loan balances, but the financial strain isn’t resulting in more missed payments, new data shows. Average auto loan balances
Aug 27, 2013