| Ford Calls Shot, Expects Best-Selling Brand Title for 2013 |
Jan 29th, 2014 |
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Ford predicts it will come in as the top-selling marque for 2013, a title it’s held for four straight years.
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| 9 Vehicles Stolen From 3 Calif. Dealers |
Jan 29th, 2014 |
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The vehicles of nine customers at three different dealerships disappeared before being detailed or serviced, the San Jose Mercury News reports.
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| Ally Granted Financial Holding Company Status |
Jan 29th, 2014 |
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As a financial holding company, Ally is permitted to engage in a broader range of business activities and can continue to operate its insurance and remarketing businesses as part of its dealer financial services operation.
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| Open Dealer Exchange: Digital Files Reduce Noncompliance Risk |
Jan 29th, 2014 |
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Open Dealer Exchange, a joint venture between ADP and Reynolds and Reynolds, issued a release saying the Consumer Financial Protection Bureau’s focus on auto lending calls for automated documentation.
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| Dick Hannah, Children’s Cancer Association Partner for Valentine’s Fundraiser |
Jan 29th, 2014 |
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Dick Hannah Dealerships is partnering with the Children’s Cancer Association for the ninth annual Valentine’s Day for CCA fundraising event.
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| Pa. Dealer Cleared in Scam Case Sues Police, Tri-Star Motors |
Jan 29th, 2014 |
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A used-car dealer is suing state police and Tri-Star Motors for falsely implicating him on theft charges. He was accused of conspiring with a Tri-Star used-car manager to undervalue trade-in vehicles so he could buy them at lower prices.
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| Facebook Now No. 2 Digital Ad Seller Thanks to Mobile Ad Growth |
Jan 29th, 2014 |
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Mobile now accounts for more than 22% of all U.S. digital ad spending, up from 3% in 2010.
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| Hyundai Settles MPG Suit |
Jan 29th, 2014 |
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Hyundai and Kia Motors have settled litigation with car owners affected by overstated fuel economy ratings on vehicles sold between 2011 and 2013. Affected consumers will be given an option to accept a single “lump sum” payment or take part in a lifetime reimbursement program the OEM created in late 2012.
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| Two S.C. Dealerships Accused of Scheming Low-Income Buyers |
Jan 29th, 2014 |
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The Post and Courier reports that employees at two Charleston car dealerships schemed low-income buyers into buying vehicles they could not afford.
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| J.D. Power: December Sales Expected to Finish Strong |
Jan 29th, 2014 |
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U.S. consumers are expected to spend more than $34 billion on new vehicles in December, a historic high for the month, reports J.D. Power and LMC Automotive.
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