As the Blue Oval prepares to celebrate the 150th anniversary of the birth of company founder Henry Ford, the OEM unveiled what it called the oldest surviving Ford production car to its employees. The 1903 Model A was bought recently by executive chairman Bill Ford, who purchased the vehicle at an auction this past October. […] [Read More]

Moss Bros. Auto Group is continuing its annual ’Tis the Season for Giving campaign that began with a food drive benefiting Second Harvest and now is in the midst of a toy collection. Group officials highlighted approximately 2,000 pounds of donated food went to hungry California families in Riverside and San Bernardino counties. The second […] [Read More]

WASHINGTON, D.C. — If an individual reports a complaint about a dealer or auto finance company to the Consumer Financial Protection Bureau, data about the grievance likely will end up with state regulatory agencies, too. A top CFPB official on Tuesday discussed how the federal agency is ramping up its efforts to coordinate regulatory measures […] [Read More]

LAKE SUCCESS, N.Y. — Dealertrack Technologies and Volvo Car Financial Services today announced that the automaker's captive subsidiary has become a lender on the Dealertrack Credit Application Network. Officials highlighted Dealertrack is the exclusive credit application network through which Volvo's 311 dealers in the United States can submit credit applications to Volvo Car Financial Services. […] [Read More]

OVERLAND PARK, Kan. — To begin 2013, NCM Associates is expanding its educational programming focusing on special finance through an alliance forged with Greg Goebel Consulting and Training. Officials explained Goebel's training program is designed specifically for NCM's franchised dealer clients who offer special financing options to their customers. Goebel is including a custom inventory […] [Read More]

REDWOOD CITY, Calif. — With auto lending increasing to subprime customers, the latest RDN Monthly Analytics Update showed October recovery volumes increased 7 percentage points from September levels, marking the second consecutive month-over-month jump. Furthermore, the October reading came in 5 points above year-ago levels. RDN indicated October recovery orders ticked 1 percentage point from […] [Read More]

With auto lending increasing to subprime customers, the latest RDN Monthly Analytics Update showed October recovery volumes increased 7 percentage points from September levels, marking the second consecutive month-over-month jump. Furthermore, the October reading came in 5 points above year-ago levels. RDN indicated October recovery orders ticked 1 percentage point from the previous month but  […] [Read More]

With results that prompted orchestrators to classify the auto industry as “notably lagging other sectors in the eyes of the consumer,” a new global survey by Accenture showed potential buyers are bouncing from site to site and turning to a variety of online and offline services to help them decide on which vehicle to purchase. […] [Read More]

NADA Used Car Guide is joining forces with Auto Remarketing to offer a free webinar on how to best use a dealership’s data to improve a store’s effectiveness and profitability. Director of dealer services Stu Zalud plans to share strategy with dealer principals and store managers about how to protect and leverage the data they […] [Read More]

Group 1 Automotive recently announced it has acquired another East Coast store — a dealership the company expects to generate $70 million in estimated annual revenues. The company has added Rivertown Ford in Columbus, Ga., to its group of dealerships. "I am delighted to strengthen our relationship with Ford Motor Company and expand our existing […] [Read More]