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NewsJune 10, 2015

Serra Nissan Manager Charged With Defrauding Manufacturer

Federal prosecutors have accused the general manager of Serra Nissan of directing dealership employees to falsify sales reports to receive incentive payments from the manufacturer. Earlier in the week, the dealership’s controller was arrested for fraud.

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NewsJune 10, 2015

Pittsburgh Dealer Awarded All-New Audi Franchise

#1 Cochran, an automotive retailer in Western Pennsylvania, was selected by Audi of America Inc. to operate a newly created sales point within the city of Pittsburgh.

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NewsJune 10, 2015

ADESA Unveils Enhanced Website Features

ADESA has launched a series of updated features on its website, spanning search functions and vehicle details pages.

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NewsJune 9, 2015

AAGI Names Chief Financial Officer

American Auto Guardian has announced the promotion of Hari Subramania to the position of chief financial officer.

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NewsJune 9, 2015

Southeast Toyota Finance Adopts RouteOne Platform

Southeast Toyota Finance, a provider of automotive financing to 176 Toyota dealers in the Southeastern United States, is now available on RouteOne's automotive finance platform.

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Newsby Brittany-Marie SwansonJune 9, 2015

N.Y. AG Goes After Dealer for Payment Packing

After three months with no response, Attorney General Eric T. Schneiderman has filed a motion to force a New York dealer group to comply with a subpoena issued by the AG’s office in March. The dealer group is accused of “jamming” credit repair contracts into vehicle sales and leases.

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Articlesby Tom HudsonJune 5, 2015

Pinocchio and the Senator

The Washington Post’s Glenn Kessler calls enterprising Massachusetts Sen. Elizabeth Warren out for repeating a popular myth about auto finance, regulatory oversight and dealer participation.

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ArticlesJune 4, 2015

Fair-Weather Foes

The so-called consumer advocates who are bullying dealers were nowhere to be found when times were tough.

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NewsJune 4, 2015

Superior Integrated Solutions Now Largest Integrator for Dealertrack’s Opentrack

With more than one million real-time transaction a day, Superior Integrated Solution now represents the largest integrator for Dealertrack Technologies’ Opentrack platform, the company announced.

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NewsJune 4, 2015

Severe Delinquencies Fall to 10-Year Low, Equifax Reports

Despite new auto loan originations reaching a record high, the auto finance industry saw severe delinquency rates fall to their lowest level in nearly a decade.

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