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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TD Auto Finance has rolled out a vehicle return program this week in Canada that may offer a bit more peace-of-mind when a customer steps on a dealer’s lot. In essence, TD Auto Loan Protection lends a financial hand if a Canadian consumer were to go through a life-changing event like losing their job or […] [Read More]

It was announced earlier this week that Porsche Cars Canada Ltd. is now a member of the International Automotive Remarketers Alliance. As many may know, IARA is a nonprofit organization of remarketing professionals founded in 2001 whose mission is “the continuous improvement of the vehicle remarketing industry.” With the addition of Porsche Cars Canada, the […] [Read More]

Average gross profits for Canadian dealers during May were down both year-over-year and month-over-month on both used- and new-vehicle sales, according to data provided by J.D. Power and Associates’ Canadian Automotive Practice. But that might not be the only profit-related challenge facing dealers these days. Some misconceptions among consumers about what dealers are actually making […] [Read More]