| Not Intentional: Top Gear Producer Responds to Argentina Number-Plate Incident |
Oct 14th, 2014 |
|
On the heels of Jeremy Clarkson defending Top Gear in the international incident over a potentially offensive license plate from a shoot in Argentina, the show’s producer Andy Wilman has released a statement of his own. As you might expect, he has also pleaded innocent. You can read Wilman’s full statement at Top Gear, but allow us to […]
|
| |
|
| |
| Sergio Marchionne Promises Not to Screw Up Ferrari, Plans to Increase Production |
Oct 14th, 2014 |
|
Whew, what a relief: Fiat-Chrysler CEO Sergio Marchionne has told CNBC that Ferrari, which is now under his direct control, “is in good hands with FCA,” adding, “As long as we don’t screw up the DNA of Ferrari.” The worry among Ferraristi is that Sergio, coming from the world of mass production, would try to go […]
|
| |
|
| |
| Dealertrack CRM Receives Reynolds Certification |
Oct 14th, 2014 |
|
Dealertrack’s CRM has been certified as part of the Reynolds Certified Interface Program, which provides a standardized approach to handling dealership data.
|
| |
|
| |
| Chase’s Q3 Auto Originations Up 6% |
Oct 14th, 2014 |
|
Chase Auto Finance originated $6.8 billion in auto loans during the third quarter, which was up from a year ago but down 4% from the second quarter. Average auto loans were $52.7 billion, up 4% from a year ago.
|
| |
|
| |
| Comment Period Opens for CFPB’s New Rule |
Oct 14th, 2014 |
|
The CFPB published its proposal rule to oversee larger participants in the nonbank auto finance segment in the Federal Register last week, kicking off a 60-day public comment period that ends on Dec. 8.
|
| |
|
| |
| Dealers Increased Charitable Giving in 2014, Survey Shows |
Oct 14th, 2014 |
|
More than 70% of new-car dealers surveyed in September said they increased their charitable giving in 2014, according to a new survey conducted by the NADA and Ally Financial.
|
| |
|
| |
| Exeter Finance Corp. Announces $500 Million Securitization |
Oct 14th, 2014 |
|
Exeter announced this week the pricing of a $500 million securitization backed by auto loan receivables.
|
| |
|
| |
| Ford, Carfax Expand Partnership in Certified Pre-Owned Sales |
Oct 14th, 2014 |
|
Ford and Carfax announced this week that they are expanding their relationship. Now, all Ford and Lincoln CPO vehicles will be listed on Carfax Used Car Listing.
|
| |
|
| |
| Avg. New-Vehicle Transaction Price Up $3,900 Since 2009 |
Oct 14th, 2014 |
|
New-vehicle retail sales through September were at their highest level since 2005, but the rise in new-vehicle transaction prices is what has really contributed to the industry's health this year, say J.D. Power analysts.
|
| |
|
| |
| Auto/Mate Integrates with Nissan’s Dealer System |
Oct 14th, 2014 |
|
Auto/Mate's dealership management system is now fully integrated with Nissan's dealer communication system, officials announced this week.
|
| |
|
| |
