August 5, 2013 - Industry News
Subaru Emirates ignited controversy over the weekend when it posted a photo of a car accident along with what its followers deemed to be a “sexist” message to its Facebook page.
Tags: Facebook, Social Media
In its second quarter earnings call, Credit Acceptance Corp. noted that its relationships with industry associations have kept it up to speed on looming regulations.
Tags: CFPB, Consumer Financial Protection Bureau, Credit Acceptance Corp., financial regulation
August 1, 2013 - Industry News
Google and Webmarketing 123 provide dealers with a crash course on remarketing and Google’s new remarketing tag. The firms say the new Google feature provides dealers with more ways to stay connected to website visitors.
Tags: Dealers, Google, Kirsti Correa, Remarketing, WebMarketing 123
The mass action, antitrust lawsuit against Carfax now lists more than 500 dealers as plaintiffs. The suit, which originated on the East Coast, has now reached California.
Tags: Carfax, Leonard Bellavia, Vehicle History Reports
July 31, 2013 - Industry News
Meet four dealers who are closing deals and driving loyalty by providing a much-needed service to customers who have filed for bankruptcy.
Tags: 2012 DCA
Dealer group execs showcase big gains in average PRUs, say they're prepared for whatever action the CFPB takes with respect to dealer participation.
Edmunds filed a lawsuit against an online reputation management company for allegedly posting “fake reviews” to the automotive information website on behalf of 25 dealers nationwide.
July 30, 2013 - Industry News
Jeff Loos, formerly of VinSolutions, will provide new marketing and advertising strategies to enhance and modernize CAR-Research XRM’s CRM and dealer marketing system.
July 25, 2013 - Industry News
A disabled man claims that after taking the vehicle back to Marietta Auto Mall Center to have an oil leak fixed, the car he bought started smoking and burst into flames two miles down the road.
July 23, 2013 - Industry News
Tags: automotive, car dealer, Dealership, Edmunds, GlowingReviews.co, Humankind, Lawsuit, reviews, Stephanie Forshee, website
July 22, 2013 - Industry News
The editor bites on a pitch for an article about the future of auto retailing, a topic he’s steered clear of given the emotions it tends to stir.
Flick Fusion Technologies and ShowroomMagnet combine forces
Vehicle sales were up for franchised dealers last year, as was profitability, according to the NADA’s annual state-of-the-industry report. Results also showed that F&I continued to make up for falling margins, which fell to a 10-year low.
The U.S. Senate confirmed Tuesday evening the appointment of CFPB Director Richard Cordray, a decision President Barack Obama praised during a press conference held yesterday.
July 15, 2013 - Industry News
Dealers selected to test the new F&I sales solution realize $740 increase in average aftermarket revenue per vehicle, the technology firm claims.
The CFPB is now taking consumer complaints regarding debt collectors. The bureau also warned firms they will be held accountable for unlawful debt-collection activities.
The industry continues to emerge from the Great Recession, but dealer-protection bills approved in New Hampshire and Colorado prove that not everything is getting back to normal.
July 8, 2013 - Industry News
An Alabama used-car dealer who failed to decrease an active-duty service member’s loan interest rate before repossessing his car pleaded guilty to violating the Servicemembers Relief Act.
Fiat is in the early stages of hiring its own team of factory reps. Officials say 50 additional staffers will be added to the team to serve Fiat dealers exclusively.
California is listed again in the NICB’s annual ‘Hot Spots’ report, which shows that eight out of the Top 10 vehicle theft areas lie in the Golden State.
A Seattle startup is taking a different approach to improving the car-buying experience, one that is supposed to drive a better connection between dealers and their customers.
July 2, 2013 - Industry News
Unable to ditch his F&I roots, the editor makes a strong case for why the F&I office should have a role in a dealership’s CRM efforts.
Joe Holland Chevrolet files federal suit requesting exemption from the Affordable Care Act's requirement that it offer an option of the “morning-after pill” to employees.
The Consumer Financial Protection Bureau has ordered U.S. Bank and its nonbank partner company, Dealers’ Financial Services, to pay restitution to participants in the Military Installment Loans and Educational Services (MILES) auto loans program.
June 26, 2013 - Industry News
Tuesday, New Hampshire Governor Maggie Hassan signed into law legislation that amends the state's Dealer Bill of Rights. The bill limits OEM-prescribed facility upgrades to every 15 years, among other provisions.
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