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New Tailpipe Emission Regulations Mulled by White House

According to a story on Automotive News, new tailpipe emissions regulations were mulled by the White House. Washington, D.C. – The White House has started weighing a proposal to set stricter limits on tailpipe emissions, which could require aut
Feb 4, 2013
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Iowa Senator Introduces Bill to Study DRPS

According to an article posted on SearchAutoParts.com, the Iowa senator introduces a bill to study DRPS. Iowa state Sen. Brad Zaun (R-20) recently introduced Iowa Senate Bill 42 requesting an interim study committee on automobile insurance direct rep
Feb 4, 2013
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GM Issues New Recalls for Airbags, Rear Suspensions

According to an article posted on The Detroit News, GM issued a new recall for airbags and rear suspensions. The problem was first discovered in a GM company vehicle in December. GM later found three vehicles at the plant that had rear bolts that wer
Feb 4, 2013
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Watchdog: Treasury Department Needs ‘More concrete TARP exit plan for Ally’

According to a story on The Detroit News… Washington — A government watchdog says the Treasury Department must work with the Federal Reserve to craft an exit plan for its 74 percent investment in Detroit-based lender Ally Financial Inc. The s
Feb 1, 2013
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How Negative Student Loan Trends Could Affect Auto Lending Market

According to an article on SubPrime Auto Finance, negative student loan trends could affect the auto lending market. Chicago and San Jose, CA — As CNW Research noticed subprime auto loan approvals rising year-over-year by at least 40 percent yet ag
Feb 1, 2013
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Capital One Announces Quarterly Dividend

MCLEAN, VA – Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.05 per share payable February 22, 2013 to stockholders of record as of February 11, 2013. The company has announced dividends on its common st
Feb 1, 2013
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Ford, Chevrolet among Consumer Reports’ Top 6 Brands

According to an article posted on The Detroit News, Ford and Chevrolet are among Consumer Reports’ top 6 brands. Overall brand perception is an index calculated as the total number of times that a particular make was mentioned as exemplar acros
Feb 1, 2013
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FTC Settlement Permanently Halts Auto Debt Consulting Operation

According to an article posted on F&I and Showroom, FTC settlement permanently halts auto debt consulting operation. Washington, D.C. — Under a settlement reached with the Federal Trade Commission, two California-based companies and their princ
Feb 1, 2013
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Transaction Prices in January 2013 Decrease from Last Month; Industry Incentives Decline 12 Percent From Last Month According to TrueCar

Santa Monica, CA – TrueCar, Inc. the authority on car pricing information, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,812 in January 2013, up $300 (1.0 percent) from
Feb 1, 2013