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SEC Charges Capital One with Understating Auto Loan Losses

According to SubPrime Auto Finance News, SEC charges Capital One with understating auto loan losses. WASHINGTON, D.C. — The Securities and Exchange Commission on Thursday charged Capital One and two senior executives for understating millions of do
Apr 29, 2013
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Nissan LEAF Brings Electric Cars to SimCity™

NASHVILLE, Tenn. – Nissan, in collaboration with Electronic Arts (NASDAQ: EA), is integrating the Nissan LEAF into the most recent edition of the popular city-building strategy game, SimCity™. Players are able to create EV-friendly cities by driv
Apr 29, 2013
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Top 10 Used & New Models Eyed by Non-prime Buyers

Top 10 used and new models eyed by non-prime buyers, according to SubPrime Auto Finance News. IRVINE, Calif. — CarFinance.com released data on the top 10 new- and used-vehicle choices for its below-prime car buyers during the past six months. Compr
Apr 29, 2013
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Chrysler Group Reported First-Quarter 2013 Net Income of $166 Million

Modified Operating Profit Was $435 Million, From $740 Million a Year Ago, and Free Cash Flow Was $356 Million on Lower Shipments As Key Products Launch Group Confirms Guidance for the Year Chrysler Group net income in the first quarter of 2013 was $1
Apr 29, 2013
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Courtesy Chevrolet: Up 17% in New Sales and 16% in Service ROs

Today’s car business is undoubtedly one of the most competitive U.S. retail markets, where new-vehicle franchised dealers shell out approximately $6.4 billion on advertising annually according to NADA’s 2012 Annual Report. With thousands of deale
Apr 29, 2013
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ASE Introduces New Certification Specialty, Designated as G1

According to Search Auto Parts, ASE introduces a new certification specialty, designated as G1. In response to requests from the industry for a certification category aimed at entry-level technicians and those doing routine maintenance, ASE will debu
Apr 29, 2013
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Nissan Recalls 2013 Altima for Spare Tire Defect

According to The Detroit News, Nissan recalls the 2013 Altima for spare tire defect. Detroit — Nissan Motor Co. is recalling 123,308 Altima sedans because their spare tires may be over- or underinflated. Altimas from the 2013 model year that were m
Apr 29, 2013
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Carmakers Become Proactive, Step Up Recalls

According to The Detroit News… Automakers have recalled millions of vehicles worldwide in recent weeks, but that doesn’t mean the quality of cars and trucks is declining. In fact, industry experts say these recalls are a sign that quality
Apr 29, 2013
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Latest Recalls from NHTSA’s Office of Defects Investigation

NHTSA Campaign ID Number: 13V159 Manufacturer: Subaru of America, Inc. Make / Model Years: SUBARU / 2014 Subject: Carpeted Floor Mats may Curl/Interfere with Pedals NHTSA Campaign ID Number: 13V158 Manufacturer: Nissan North America, Inc. Make / Mode
Apr 29, 2013