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2013 Honda Civic nabs top safety marks with IIHS and NHTSA

According to Kelley Blue Book, the 2013 Honda Civic nabs top safety marks with IIHS and NHTSA. Already a big favorite with buyers, the 2013 Honda Civic has made an equally positive impression on the folks at the Insurance Institute for Highway Safety
May 14, 2013
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Toyota Settlement May Cover 22 Million Owners

According to The Detroit News, Toyota settlement may cover 22 million owners. Washington — A federal judge will decide next month whether to grant final approval to a class-action settlement covering as many as 22 million current and former Toyota
May 14, 2013
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Ford Adding 2,000-Plus Jobs at Kansas City Assembly to Support Surging F-150 Demand, Ford Transit Launch

KANSAS CITY – Ford, the industry’s truck leader, will add more than 2,000 jobs at its Kansas City Assembly Plant to meet surging demand for the Ford F-150 and planned production of the all-new Ford Transit. “Customer demand for today’s F-
May 13, 2013
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Brazilian Made Vehicles Prove to be Less Safe than American or European Made

According to The Detroit News, Brazilian made vehicles prove to be less safe than American or European made. Sao Paulo — The cars roll endlessly off the local assembly lines of the industry’s biggest automakers, more than 10,000 a day, into t
May 13, 2013
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ASA Board Addresses Internal Issues

According to Search Auto Parts, ASA board addresses internal issues. ASA has been victimized by theft committed by a former employee. The proper authorities have been contacted and they are taking concerted action to hold that person accountable for
May 13, 2013
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Latest Recalls from NHTSA

NHTSA Campaign ID Number: 13V180 Manufacturer: Triumph Motorcycles America, LTD Make / Model Years: TRIUMPH / 2012-2013 Subject: Incorrect GVWR Data on Label NHTSA Campaign ID Number: 13V177 Manufacturer: Chrysler Group LLC Make / Model Years: RAM /
May 13, 2013
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AUDI AND VOLKSWAGEN ANNOUNCE GRAND OPENING OF NEW MANHATTAN DEALERSHIPS

Audi and Volkswagen today announced the grand opening of two new flagship dealerships in New York City. The $135 million financing is Audi and Volkswagen’s largest investment in a dealership real estate project, and is part of the company’s conti
May 12, 2013
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Dealertrack’s Chairman and CEO On Deep Subprime Approvals and Lenders’ Approach to New Regulations

Dealertrack’s chairman and CEO on deep subprime approvals and lenders’ approach to new regulations, according to SubPrime Auto Finance News. LAKE SUCCESS, N.Y. — Recent intimate dialogue with both dealers and lenders gave Dealertrack Te
May 12, 2013
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DOJ Taking Closer Look at Auto Finance

According to F&I and Showroom, DOJ is taking a closer look at auto finance. ARLINGTON, Va. — The Consumer Financial Protection Bureau (CFPB) isn’t the only enforcement agency shining the spotlight on auto finance. The U.S. Department of Justi
May 12, 2013