Posts
California’s ZEV Program and the Industry Outcry
According to J.D. Supra, the Alliance of Automobile Manufacturers and the Association of Global Automakers recently filed against the California Air Resources Board, or CARB’s, Zero-Emission Vehicle (ZEV) petition. These goals, proposed to be i
Apr 12, 2013
FMLA Leave Abuse and Procedures for Form Review
Dashboard-Insights suggests rules to follow when filing and reviewing leave forms and certifications. Pertinent to any manager for overhead saves and costs, following these procedures when someone takes unpaid leave will assist in employees taking ti
Apr 12, 2013
U.S. Automakers and Suppliers Appeal to Congress for Corporate Tax Reform
The Detroit News reports on recent demands by the auto industry to lower corporate taxes. Among developed countries, the United States has the highest tax on corporations; if that can be lowered, the auto industry’s improvement could lead to ex
Apr 12, 2013
BMW eContracts 40% of Business to Streamline F&I Service
From World’s Luxury Guide, discover details on the 3-year long development in e-contracting that is certain to appeal to future customers. Reducing the time spent in F&I from 30 minutes to 10 is just one of many reasons to consider impleme
Apr 10, 2013
Industry Research: Auto Liability Insurance Regulations and Framework
UPenn professors do a complete audit of the automobile industry’s liability insurance. Educational experts address Ethics, Selection and Moral Hazards as well as Risk-based pricing, Underwriting, Contract Design, Loss Prevention, and more topic
Apr 8, 2013
Auto-Finance Complaints Number 1,585 at CFPB
From Auto Finance News, consumers have registered 1,585 auto finance complaints this year to-date. Loan and leases were typically settled with reparations, and lender response has been largely under debate in the past year. This transparency helps fu
Apr 5, 2013
Housing Recovery Contributes to March Auto Sales Boost
Daily Finance reviews the impact of the recovery of the housing market on the significant rise in automotive sales in the US in March. Since the housing sector’s recovery, the broader economy has a chance to pick up; consumers loosen their wall
Apr 5, 2013
Down Payment Risks & Customer Relations for Finance Officers
Jamie LaReau explores the ethics behind accepting a large down-payment on a lease. The risk of totaling the car before the lease ends, and the capital reduction/depreciation value of the money put down initially, can create much hardship for car leas
Apr 5, 2013
Tesla Unveils Revolutionary New Finance Product
Combines best aspects of car leasing and ownership PALO ALTO, Calif.– Tesla Motors announced today that, in partnership with Wells Fargo and US Bank, it has created a revolutionary automotive financing product that provides the best elements of
Apr 5, 2013