Gas prices might not be as high a priority for water-cooler conversation like when pump prices approached $4 a gallon. Still, an industry observer asked Manheim economist Tom Webb about fuel costs in light of sinking crude oil prices recorded earlier this month. Webb tackled the question as a part of Manheim Consulting’s June Auto […] [Read More]

In the latest round of monthly sales projections, analysts with Edmunds.com are forecasting June’s used-vehicle market to hit just under 3 million sales. Specifically, Edmunds is calling for 2.98 million used units to be sold for the month, which would translate to a seasonally adjusted annualized rate of 37.0 million. In May, there were 3.15 […] [Read More]

Though OEMs continue to look for ways to integrate technology directly into the makeup of new vehicles, consumers may still be looking to “plug in” their devices, putting less emphasis on built-in applications. According to the 2012 Harris Poll AutoTECHCAST study released by marketing research firm Harris Interactive, flexibility to "plug in" current consumer electronics […] [Read More]

With technological advances in the fields of in-car technology, as well as fuel efficiency, the list of features consumers might come to expect when in the market for a new car continues to grow. That said, it seems that an age-old concern is still at the front of car shoppers’ minds. [Read More]

Payless Car Sales has expanded its automotive franchise family, with a just-announced Florida addition. This week, Payless reported that Germain Automotive Partnership has joined the Payless program. Germain’s Fort Myers, Fla., store will now offer its late model used cars under the Payless Assurance Certified Pre-Owned program, as an authorized Payless dealer. Dealers selling under […] [Read More]

Recent automotive retail growth is among the factors cited by DealerTrack as contributing to the company’s achievement of a milestone in number of lenders. On Thursday, DealerTrack announced that more than 1,200 U.S. lenders are now connected to its credit application network. Surpassing this mark sets a new standard in the company’s history, officials said, […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE LOS ANGELES — This week, Westlake Financial Services unveiled the first major overhaul of its finance programs since the company was founded. Officials explained that effective July 1 Westlake's programs will be reduced from four to three with each of the new programs becoming FICO-based, rather than […] [Read More]

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Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} IRVINE, Calif. — Robert Riedl remembers the days both when Consumer Portfolio Services bought […] [Read More]