Trending Auto Retail News
Automakers Put the Great Recession in the Rearview Mirror
Automakers put the great recession in the rearview mirror, according to Kiplinger. Few sectors of the economy suffered more during the Great Recession than the auto market. Sales of cars and trucks fell by 36% from 2007 to 2009, when most consumers were far too...
Male New-Car Shoppers Prefer Luxury Automakers While Females Favor Import Brands, Reports Kelley Blue Book
When it comes to buying a new car, men and women have different car shopping characteristics according to Kelley Blue Book www.kbb.com, the leading provider of new and used car information. Research from Kelley Blue Book Market Intelligence based on KBB.com traffic...
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...
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