GRAND RAPIDS, Mich. — Lawsuits associated with the Fair Credit Reporting Act, Telephone Consumer Protect Act and Truth-in-Lending Act all set new records last year, according to federal data compiled by WebRecon. Analysts determined that FCRA litigation had a big jump after several years of relatively flat numbers, while TCPA litigation more than doubled and […] [Read More]

WASHINGTON, D.C. — The Economic Advisory Committee of the American Bankers Association, including 11 chief economists from the largest banks, is predicting the economy will continue moderate growth with relatively low inflation and steady job growth in 2012. Inflation-adjusted GDP growth rose to an annualized pace near the long-term potential of 2.5 percent in the latter […] [Read More]

Lawsuits associated with the Fair Credit Reporting Act, Telephone Consumer Protect Act and Truth-in-Lending Act all set new records last year, according to federal data compiled by WebRecon. Analysts determined that FCRA litigation had a big jump after several years of relatively flat numbers, while TCPA litigation more than doubled and TILA nearly tripled over […] [Read More]

With the Super Bowl coming to town, Central Indiana GMC Dealers have teamed up with the National Football League to give away 3,400 NFL Super Bowl XLVI Experience tickets. These participating dealers are handing out these tickets when potential buyers test-drive a new GMC vehicle before Sunday or while supplies last. Officials indicated that all […] [Read More]

This week, Consumer Guide Automotive revealed the recipients of its 2012 Best Buy and Recommended Awards, showcasing a total of 106 vehicles. Two domestic nameplates led the way with the most models honored as Chevrolet and Ford each had nine award winners. Toyota was right behind with eight lauded units while Honda had seven vehicles […] [Read More]

CNW Research’s latest used-vehicle supply findings concur with several other assertions from wholesale analysts — it’s not going to be easy for managers to keep their used inventories stocked. Even with trade-ins climbing because of greater new-vehicle sales, CNW revealed on Tuesday that the industry remains at a 45-days’ supply of used vehicles. Highlighting just […] [Read More]

A pair of Chicago-area General Motors dealerships is hoping to lend a helping hand to a local blood center through a rather unique promotion this weekend. Bill Jacobs Cadillac and Bill Jacobs Joliet (a Chevrolet store) are providing free oil changes to shoppers who stop in Saturday and donate a pint of blood. In addition […] [Read More]

Used-vehicle prices have been rather static to kick off 2012, but don’t expect that to continue. According to Kelley Blue Book, the first quarter will likely see used values jump between 3 percent and 5 percent and then continue to accelerate into the second quarter. What’s more, KBB projects that used prices might even eclipse […] [Read More]

On the heels of adjusting its model to flat-fee billing in Virginia and suspending operations in other states, TrueCar announced “proactive” changes on Monday to ensure compliance with state laws and emphasize “its commitment to state regulators, state dealer associations and to better serve its dealer partners.” TrueCar’s changes include creating a new billing model […] [Read More]

General Motors announced Sunday that vice chairman and chief technology officer Tom Stephens is retiring on April 1 after 43 years with the automaker. The longtime executive has headed up product technology for GM since being named to his current role early last year. GM will appoint his replacement later. Stephens became vice chairman of global […] [Read More]