Whew, what a day.  Several announcements were made Thursday regarding new and ongoing issues related to three different automakers — and they were quite substantial. These evolving matters include an update on Volkswagen’s diesel situation, the final report on General Motors’ ignition switch compensations to those affected, and a civil penalty brought against Fiat Chrysler Automobiles […] [Read More]

While Volkswagen has been facing NOx-emission-related issues in North America for its diesel vehicles, the company has also been handling a CO2-emission-related issue in Europe. Wednesday, the company says that issue is “largely concluded.” Questions arose from the German government’s Federal Motor Transport Authority a month ago estimating that approximately 800,000 vehicles manufactured by VW’s […] [Read More]

High-end electronics, jewelry and apparel evidently aren’t the only popular gift choices consumers with the financial wherewithal to make such a purchase are selecting during the holiday shopping season. Perhaps piggybacking off of those OEM advertisements showcasing the shiny high-line vehicle in the driveway with the big red bow attached, Experian Automotive discovered more than […] [Read More]

Volkswagen has been fitting devices to diesel cars to enable them to pass emissions tests. The view of automotive engineers — a group to which I most certainly do not belong — is that when the problem is “fixed” the vehicles will run terribly. But if owners attempt to ignore the issue, their cars will […] [Read More]

The fact that consumers might pay different prices for the same cars based on their gender may seem a bit wonky, but according to consumer lease marketplace Swapalease.com, the data shows this assertion might just be true in some cases. But the data might not shake out how one might expect if you’re going by […] [Read More]

Automotive logistics services provider MetroGistics announced Tuesday the appointment of its new vice president of finance. Bringing decades of financial experience to the position is Bob Brinson, who has been a certified public accountant since 1981. “We’re extremely pleased to welcome Bob to MetroGistics,” said William Billiter, the company’s co-founder and managing partner. “We’ve grown […] [Read More]

The American Recovery Association recently finalized a partnership with AW Direct; a pact expanding across ARA events, tradeshows and webinars to offer more benefits and opportunities to association members. Officials described the development as a “one-of-a-kind” partnership aimed at making AW Direct a pivotal part of ARA, which added that it strives to provide the […] [Read More]

The National Association of Minority Automobile Dealers and IHS Automotive have partnered together to create their first Diversity Volume Leadership Awards. These awards will recognize makes and models that garner the highest new-vehicle volume registrations based on model year for the following consumer segments: Ethnic consumers (consumers of African-American, Asian, Hispanic or Native American descent) […] [Read More]

After gathering its third-quarter data, Experian Automotive spotted the highest percentage of vehicles leased since the company began tracking the data publicly in 2006. While leasing is immensely popular with consumers who want a shiny, new ride at a more affordable price, one national analyst acknowledged there are “some risk factors to keep an eye […] [Read More]

The major delinquency metrics Experian Automotive tracks on a quarterly basis remained nearly flat across the board as analysts generated their third-quarter figures. According to Experian’s most recent State of the Automotive Finance Market report, 30-day delinquencies associated with the total number of outstanding auto loans decreased by 13 basis points year-over-year in Q3 to […] [Read More]