Trending Auto Retail News
Top 5 Mobile Marketing Tips for your Service Department
Top 5 mobile marketing tips for your service department, from Stratosphere Studio. A large percentage of people these days rely on their smartphones and tablets for entertainment, news, social interactions, and many other needs. Here are some mobile statistics from...
How to Stop Selling & Still get your Customers to Buy
How to stop selling & still get your customers to buy, according to Search Auto Parts. Over the past decade, we have trained thousands of service advisors all over North America. Many of you have noticed a major change in customers’ buying habits, and I wanted you...
GM Recalls Nearly 340K Chevy Cruzes for Brake Problems
According to The Detroit News, GM recalls nearly 340K Chevy Cruzes for brake problems. General Motors Co. said Friday it is recalling nearly 340,000 2011-2012 Chevrolet Cruze cars worldwide because of a possible loss of brake-assist in the vehicles. The Detroit...
Weekly NHTSA Recalls
NHTSA Campaign ID Number: 13V357 Manufacturer: Outdoors RV Manufacturing Make / Model Years: BLACK STONE / 2014 CREEK SIDE / 2013-2014 TIMBER RIDGE / 2013-2014 WIND RIVER / 2013 Subject: Unexpected Unfurling of the Awning NHTSA Campaign ID Number: 13V355 Manufacturer:...
“You miss 100 percent of the shots you never take.” – Wayne Gretzky
“In matters of style, swim with the current; in matters of principle, stand like a rock.” – Thomas Jefferson
Vaden Automotive Group Customers Enjoy Average $3,000 Improved Equity Using AutoPayPlus™ Biweekly Loan Payments
US Equity Advantage (USEA), a leading provider of biweekly and custom consumer loan acceleration services to the automotive industry, announced today that Vaden Automotive Group reports that their customers average $3,000 improved equity position when using USEA’s...
Risky Borrowers and Auto Loans
Risky borrowers and auto loans, from The New York Times. Auto lending is up, which has brought concerns about whether risky loans are driving the trend. A new analysis from the Federal Reserve Bank of New York finds new auto loans to borrowers with low credit scores...
New Federal Rule Requires Vehicle Recall Information to Be Searchable by ID Number
According to The New York Times, a new federal rule requires recall information to be searchable by ID number. The National Highway Traffic Safety Administration issued a final rule that will require all major automakers and motorcycle manufacturers to provide free...
CPS Likes Staffing Level as Originations Grow
According to SubPrime Auto Finance, CPS likes staffing level as originations grow. As Consumer Portfolio Services continues to buy more contracts, the company believes it's in a good personnel position to handle more originations while the subprime auto finance...
StoneEagle and ADP F&I Results Announce the Launch of a Jointly Branded Dealer Solution
StoneEagle is pleased to announce the launch of a joint initiative with ADP F&I Results that takes F&I video training and F&I performance reporting and accountability to the next level. The StoneEagle SEcureMetrics F&I reporting application is used by...
Automotive Compliance Consultants Says CFPB’s Aggressive Actions Focus Importance on Dealer Compliance to Adverse Action, Risk-Based Pricing Notices
As the federal Consumer Financial Protection Bureau (CFPB) continues to advance aggressively against auto lenders and thus auto dealers, it is imperative management reviews how it handles and complies with federal Fair Credit Reporting Act regulations Adverse Action...
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