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NewsMay 6, 2015

Swapalease.com Reports Volatile April Lease Credit Approvals

The lease approval rate jumped 31% from March to April, the highest since November 2014, Swapalease.com reports.

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NewsMay 6, 2015

Chrysler to Offer Free College to Dealership Employees

Strayer University, in partnership with Chrysler, has developed the Degrees@Work program, which will be offered for free to employees of Chrysler, Jeep, Dodge, Ram and FIAT dealerships.

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Newsby Brittany-Marie SwansonMay 1, 2015

Texas DMV Halts Plan to Fine Dealers With CarGurus Listings

The Texas Department of Motor Vehicles Enforcement Division has pulled back on its plan to fine dealers with listings on CarGurus.com after the department and the shopping site discussed revisions to CarGurus’ advertising practices in a call yesterday.

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Newsby Brittany-Marie SwansonApril 30, 2015

Texas Dealers Could Face Fines Over CarGurus’ Business Practices

Last week, the Texas Department of Motor Vehicles Enforcement Division issued a cease-and-desist letter to CarGurus and the state’s dealer association, threatening dealers with fines up to $10,000 a day if the shopping site does not revise its advertising practices.

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NewsApril 29, 2015

AGWS Adds VP of Training

Industry veteran and compliance expert Bob Harkins will serve as vice president of training for American Guardian's AGWS University.

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NewsApril 28, 2015

Annual Cost to Own a Vehicle Falls 2%, AAA Finds

Decreases in gas prices and finance charges related to auto loans fueled the decline, but rises in maintenance and tire replacement costs make F&I protections an important consideration for vehicle owners.

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Newsby Brittany-Marie SwansonApril 28, 2015

Credit Unions Now Third Largest Auto Lender Type, CUDL Reports

Credit unions are competing aggressively in the automotive marketplace, financing one in four auto loans so far in 2015, CU Direct reports.

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NewsApril 28, 2015

Motor Trend Certifies Massachusetts Dealer

As of April 17, First Acura has become the exclusive Motor Trend-certified dealer in Seekonk, Mass.

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NewsApril 27, 2015

Ally to Replace Mitsubishi’s Captive Finance Arm

Ally Financial and Mitsubishi Motors North America have announced that Ally will become the preferred financing source for Mitsubishi Motors in the United States, replacing the brand's captive finance company.

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NewsApril 27, 2015

Firm Suing TrueCar Adds to Litigation Team

Bellavia Blatt & Crossett has added Thomas Williams, Esq., to its litigation team prosecuting TrueCar for false advertising.

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