Trending Auto Retail News
Auto Dealer Salespeople Consider Price Most Troubling Part of Sales Negotiation According to Joe Verde Sales and Management Training Poll
ORANGE COUNTY, CA – Joe Verde Sales & Management Training, Inc., (JVSMT) today announced that according to a recent poll of auto dealer salespeople, price is perceived to be the most troubling part of the sales negotiation process. An informal poll posted on...
PORSCHE, CADILLAC LEAD AUTOMOTIVE BRAND LOYALTY IMPROVEMENTS IN FIRST QUARTER, ACCORDING TO POLK
SOUTHFIELD, MI – Recent analysis of repeat buying behavior from Polk during the first quarter of 2013 finds average new vehicle brand loyalty rates increasing to 51.5 percent, up more than 2 percentage points over the same time period last year. Thirteen brands...
KBB.com Named Online Auto Shopping Brand Of The Year In 2013 Harris Poll EquiTrend® Study For Second Consecutive Year
IRVINE, CA - For the second year in a row, KBB.com was awarded Online Auto Shopping Brand of the Year by the 2013 Harris Poll EquiTrend study, announces Kelley Blue Book www.kbb.com, the leading provider of new and used car information. The Harris Poll Brand of the...
New Credit for Auto Loans Currently at Highest Level in Eight Years, Equifax Reports
ATLANTA - According to Equifax' latest National Consumer Credit Trends Report, $69.6 billion in new credit for auto loans was originated in January and February 2013, the highest level in more than eight years and more than 70% higher than the recession low of $40.2...
Chrysler Recalls 630,000 SUVs & Jeeps Worldwide
According to NBC News, Chrysler recalls 630,000 SUVs and Jeeps worldwide. Just two days after refusing a government request to recall 2.7 million older-model Jeeps, Chrysler has decided to do two other recalls totaling 630,000 vehicles worldwide. The automaker will...
Compliance Certification Program
FORT WORTH, TX - The National Automotive Finance Association (NAF) Association is offering a Consumer Credit Compliance Officer Certification Program to assist finance companies in meeting the increasingly difficult challenge of complying with federal and state...
Experian Automotive: Auto leasing reaches record high
Schaumburg, IL — Experian Automotive today announced that new vehicle leasing rose by 12.5 percent to achieve the highest level since it began tracking the data in 2006. According to its State of the Automotive Finance Market report, leasing accounted for a record...
Colorado Governor Signs Dealer Protection Bill
According to F&I and Showroom, Colorado governor signs dealer protection bill. DENVER — Colorado Gov. John Hickenlooper signed into law Wednesday a Senate bill that better empowers dealers when negotiating their franchise agreements with manufacturers. Introduced...
Rising New Car Sales Have Led to Cheaper Used Car Prices
According to The New York Times, rising new car sales have led to cheaper used car prices. This year’s spike in new car sales is good news for used car buyers. As more people opt for new cars, more vehicles will become available on the used car market, lowering their...
Company Releases v3.0 Software Update of Proprietary NAC ExpressLane® eContracting Software
NAC, (National Auto Care) a leader in the administration of top quality vehicle service agreement products and the development of online dealer contracting technology, today announced the launch of NAC ExpressLane® 3.0, the next generation of their innovative...
Ford/AAA Student Auto Skills Competition Helps Develop Next Generation of Automotive Technicians
DEARBORN, MI – One hundred of the nation’s best young automotive minds will converge on the Motor City to compete for the title of top high school technicians in the country at the 64th annual Ford/AAA Student Auto Skills Competition National Finals, June 9-11. With...
The 2014 BMW X5 Unveiled
The 2014 BMW X5 unveiled by Pursuitist. After months of teases and grainy photos, we now have our first official look at the 2014 BMW X5. The third generation of BMW’s highly successful SUV drops a few pounds (actually 200), gets a little sportier look (but not less...
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