Trending Auto Retail News
SEC Charges Capital One with Understating Auto Loan Losses
According to SubPrime Auto Finance News, SEC charges Capital One with understating auto loan losses. WASHINGTON, D.C. — The Securities and Exchange Commission on Thursday charged Capital One and two senior executives for understating millions of dollars in auto loan...
Nissan LEAF Brings Electric Cars to SimCity™
NASHVILLE, Tenn. – Nissan, in collaboration with Electronic Arts (NASDAQ: EA), is integrating the Nissan LEAF into the most recent edition of the popular city-building strategy game, SimCity™. Players are able to create EV-friendly cities by driving Nissan LEAF...
Top 10 Used & New Models Eyed by Non-prime Buyers
Top 10 used and new models eyed by non-prime buyers, according to SubPrime Auto Finance News. IRVINE, Calif. — CarFinance.com released data on the top 10 new- and used-vehicle choices for its below-prime car buyers during the past six months. Comprising the list of...
Chrysler Group Reported First-Quarter 2013 Net Income of $166 Million
Modified Operating Profit Was $435 Million, From $740 Million a Year Ago, and Free Cash Flow Was $356 Million on Lower Shipments As Key Products Launch Group Confirms Guidance for the Year Chrysler Group net income in the first quarter of 2013 was $166 million, versus...
Courtesy Chevrolet: Up 17% in New Sales and 16% in Service ROs
Today’s car business is undoubtedly one of the most competitive U.S. retail markets, where new-vehicle franchised dealers shell out approximately $6.4 billion on advertising annually according to NADA’s 2012 Annual Report. With thousands of dealers vying for the...
ASE Introduces New Certification Specialty, Designated as G1
According to Search Auto Parts, ASE introduces a new certification specialty, designated as G1. In response to requests from the industry for a certification category aimed at entry-level technicians and those doing routine maintenance, ASE will debut a new Auto...
Nissan Recalls 2013 Altima for Spare Tire Defect
According to The Detroit News, Nissan recalls the 2013 Altima for spare tire defect. Detroit — Nissan Motor Co. is recalling 123,308 Altima sedans because their spare tires may be over- or underinflated. Altimas from the 2013 model year that were made between March 21...
Carmakers Become Proactive, Step Up Recalls
According to The Detroit News... Automakers have recalled millions of vehicles worldwide in recent weeks, but that doesn't mean the quality of cars and trucks is declining. In fact, industry experts say these recalls are a sign that quality is improving. High-profile...
Latest Recalls from NHTSA’s Office of Defects Investigation
NHTSA Campaign ID Number: 13V159 Manufacturer: Subaru of America, Inc. Make / Model Years: SUBARU / 2014 Subject: Carpeted Floor Mats may Curl/Interfere with Pedals NHTSA Campaign ID Number: 13V158 Manufacturer: Nissan North America, Inc. Make / Model Years: NISSAN /...
The 14th Digital Dealer Conference & Exposition Starts Next Week!
100+ High-Intensity Sessions, case studies and workshops for improving Sales, Digital Marketing, Reputation Management, Data Gathering, Analytics and everything else to streamline the automotive business. Expert Strategists cover re-engineering and streamlining of...
KBB: SAAR Remains Above 15M Units in April
According to F&I and Showroom, SAAR remains above 15M units in April. IRVINE, Calif. — Through the first three weeks of April, new-car sales are on pace to remain above the 15 million-unit annual selling pace for the sixth consecutive month, according to Kelley...
Colorado Auto Dealers Find Support in Legislature
According to Denver Business Journal, Colorado auto dealers find support in legislature. Colorado legislators once again are siding with local car dealers over national auto makers. At a hearing late Wednesday, every member of the Senate Judiciary Committee voted to...
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