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NHTSA Recall Notice: GM’s Cadillac, Buick, Chevrolet problems, and Nissan, Toyota Defects
Below, NHTSA published the latest recall list and links. Some issues include an accidental braking feature with some Honda/Acura models, Cadillac/Buick loss of engine braking and an error in certain Nissan models that mislabels gears when shifting. P
Mar 25, 2013
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Is 100% Service Absorption a Myth?
With the 2008 auto sales slowdown hitting service departments today, it’s no wonder why dealers are still asking the question – is 100% Service Absorption really just a myth? With fewer new vehicles on the road, a continued decline in warranty wo
Mar 24, 2013
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Consumer Financial Protection Bureau to Hold Auto Lenders Accountable for Illegal Discriminatory Markup
Bureau Provides Guidance on Fair Lending Practices to Indirect Auto Lenders WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released a bulletin explaining that certain lenders that offer auto loans through dealerships are
Mar 24, 2013
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New Ford Fusion Minimizes Pollen and ‘Touch’ Allergens
Ford has begun requiring that more than 100 materials and components meet stringent standards to minimize potential allergy issues on the new Fusion and other Ford vehicles Engineers avoid materials such as latex, chrome and nickel – a metal 10 per
Mar 22, 2013
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Americans’ Perceptions of Luxury Brands Rising Despite Flagging Economy, Finds 2013 Harris Poll EquiTrend® Study
Harley-Davidson, MAC Cosmetics, Saks Department Stores and Starwood Hotels & Resorts Show Gains and Capture Brand of the Year Distinction in their Respective Categories NEW YORK — As Americans continue to receive conflicting messages abou
Mar 22, 2013
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Biased Loans by Auto Dealers to Bring Bank Suits by CFPB
Bloomberg provides full disclosure on the ramifications of loan discrimination for dealers since yesterday’s CFPB ruling. Comments from Richard Cordray, and the Consumer Bankers Association, explain possible lender control issues and financial
Mar 22, 2013
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Lending Discrimination Policies Under Scrutiny in Washington
Dealership auto lending policies should expect to be audited in upcoming laws and bulleting produced by the CFPB. Investigations of dealer’s policies, auto finance sources, and the Equal Credit Opportunity Act’s application to direct and
Mar 22, 2013
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Pirelli Launches U.S. Associate Dealer Program (Update)
ROME, Ga.— Pirelli Tire North America Inc. (PTNA) has launched an associate dealer program called FasTrack that enables dealers and their sales teams to earn rewards on all eligible Pirelli tires they sell along with giving them access to exclusive
Mar 22, 2013
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Auto Parts Purchaser Survey: Online at the Dealership
Tire Business provides a survey of online versus dealership purchases for parts buyers. How-tos and DIY-ers make up a market group that may join a dealership, depending on the information offered and accessibility of parts, and differences in on and
Mar 22, 2013