Trending Auto Retail News
Recall: Seating Capacity Label
Auburn Hills, Mich. - Chrysler Group will recall 741 model-year 2013 Dodge Durango SUVs to replace a seating capacity label. Affected vehicles are equipped with optional captain’s chairs and have a seating capacity of six. A routine quality audit conducted by Chrysler...
RedBumper Releases SmartPrice™; First Dynamic Auto-Pricing Tool For Automotive Dealerships
DALLAS, TX -- RedBumper, LLC, a new generation automotive inventory management company, today announced the release of SmartPrice™, the first dynamic automated pricing tool in the automotive industry. SmartPrice™ allows dealers to dynamically and automatically price...
Toyota Comments on Trunk Release Issue
Consumer Reports brought to our attention an issue on the Internal Trunk Release Lever (handle). The handle can be used to open the trunk from the inside. During our investigation, it was discovered that the lever can break if it is not pulled in the direction...
Mercedes-Benz Issues Recall Over Fuel Filter
Mercedes-Benz is recalling certain model year 2011-2012 S400, S550, S550 4Matic, S63 AMG, C300, C300 4Matic, E350, GLK350, GLK350 4Matic, CL550 4Matic, and CL63 AMG vehicles manufactured from April 18, 2011, through July 12, 2011, the National Highway Traffic Safety...
Ford Fusion Named 2013 Best Redesigned Vehicle By Kelley Blue Book’s KBB.com
IRVINE, Calif. -- The Ford Fusion has been named 2013 Best Redesigned Vehicle by Kelley Blue Book www.kbb.com, the leading provider of new and used car information. The expert editors of Kelley Blue Book's KBB.com considered more than 20 vehicles that were redesigned...
Lessons for Auto Dealers from Consumer Financial Protection Bureau and Department of Justice Recent Enforcement Activity
The new Consumer Financial Protection Bureau (CFPB) came out swinging this past summer with three punitive consent decree enforcement actions against credit card companies. In doing so, the CFPB gave both an indication of how it will enforce consumer financial laws...
Consumer Financial Protection Bureau proposes allowing companies to run trial disclosure programs
Bureau Reaffirms Commitment to Improved Consumer Disclosures through its Project Catalyst Initiative WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced its proposed policy to allow companies to test new consumer disclosures on a case-by-case...
10 Best Car Deals Of The Month
Editors Highlight Enticing Offers On New Cars Projected To Best Hold Value IRVINE, Calif. -- Because considering resale value down the road is an important part of getting a good deal when buying a new car today, KBB.com is featuring the 10 best deals currently...
Consumer Financial Protection Bureau report details how the nation’s largest credit bureaus manage consumer data
Credit cards dominate consumer reports; Debt collection tops disputes WASHINGTON, D.C. — This week, the Consumer Financial Protection Bureau (CFPB) released a report on the consumer experience with the three largest nationwide credit reporting companies: Equifax...
Group 1 Automotive Announces VW Credit, Inc. Has Joined Existing Syndicated Credit Facility
HOUSTON -- Group 1 Automotive, Inc.(NYSE: GPI),a Fortune 500 automotive retailer, announced this week that VW Credit, Inc. has signed on as a partner to its existing $1.35 billion revolving credit facility that expires in June 2016. The lenders in the syndicated...
The Digital Dealer Virtual Exposition Reaches a New Audience
The Digital Dealer Virtual Exposition concluded on December 11th after seven days of a brand new way to showcase the latest digital marketing strategies and technology solutions for franchised dealerships. However, for those of you that missed the event or would like...
Study: The Consumer Auto Finance Servicing Experience Significantly Impacts Future Lender Selection
But Has Minimal Impact on Future Dealership Selection Mercedes-Benz Financial Services; Lincoln Automotive Financial Services; Volkswagen Credit; and Ford Credit Rank Highest in Their Respective Financing Segments WESTLAKE VILLAGE, Calif. -- There is a strong...
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