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NewsDecember 10, 2014

White Remains Top Car Color, PPG Industries Reports

The color white was up 3% in popularity globally in 2014, according to data from the coating manufacturer. Black, silver and gray also topped the list.

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NewsDecember 10, 2014

Charisma! Communications Launches Video Production Division

Boutique public relations agency specializing in the automotive industry has launched a new video production division in response to growing demand for video-based marketing services.

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NewsDecember 10, 2014

Dealers Sentenced to 3 Years for Sales Tax Evasion

Two brothers operating Space Auto Sales and Spin Auto Sales failed to pay more than $1.5 million in sales tax from the sale of vehicles between 2007 and 2009.

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NewsDecember 10, 2014

Long-Term Loans Allow Car Buyers to Spend Extra $1.4B in November

Nearly half of new car buyers in the month of November used longer terms to purchase more expensive cars, according to a report from Requisite Press. The long-term loans enabled extra spending of more than $1.4 billion.

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Newsby Gregory ArroyoDecember 9, 2014

DOD Bans Military Allotments for Personal Property Purchases

Starting Jan. 1, active-duty troops will no longer be able to use military allotments to purchase or lease vehicles, among other things. The policy change was made in response to enforcement actions brought by the CFPB.

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NewsDecember 9, 2014

Auto/Mate Adds Rates, Residuals and Rebates to Desking Solution

Dealers using the company’s Desk/Mate module will now have access to real-time lease rates, residuals, manufacturer incentives and other rebate information.

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NewsDecember 9, 2014

November Sales Pace at 17.20 Million-Unit Annual Rate

November total light vehicle sales increased 4.6% from a year ago to more than 1.3 million units. The industry SAAR was also up significantly from a year ago and the month prior, rising to 17.20 million units.

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NewsDecember 9, 2014

Reynolds and RouteOne Integrate eContracting, docuPAD

The new functionality between docuPAD and RouteOne eliminates the need to switch between applications and technology to sign RouteOne contracts and other related documents.

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NewsDecember 9, 2014

Ally Launches Enhanced Mobile and Online Tools for Auto Consumers

Ally Financial has improved its Ally Auto Mobile Pay app and added a new Click-to-Chat tool to its website that links users with live service agents.

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NewsDecember 4, 2014

November a Turnaround Month for Independents, CNW Reports

After taking it on the chin for most of the year, independent dealerships realized a slight increase in used-vehicle sales in November. They also experienced an increase in transaction prices.

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