LAKE SUCCESS, N.Y. — DealerTrack recently unveiled several enhancements to its compliance solution, rolling them all into a new Compliance Dashboard. Company officials explained the Compliance Dashboard can provide an overview of compliance-related activity across a store's current deals on a single screen. Furthermore, they contend the tool also has new functionality and design features that […] [Read More]

MADISON, Wis. — Wisconsin lawmakers recently altered a measure that now greatly regulates the use of auto-title loans. The bill that passed through the state legislature and the governor's office stipulates that vehicles can only be used as collateral for a purchase, not "payday" style of short-term consumer loans. The law officially goes into effect Dec. 1. […] [Read More]

LAS VEGAS — Auto Master Systems and iMETRIK Solutions recently revealed a new integration partnership. Executives explained the partnership is designed to provide Auto Master clients with a single interface to gather GPS asset tracking data. The companies believe the agreement can help subprime lenders and buy-here, pay-here dealers improve loan collection activity and reduce the risk […] [Read More]

AUBURN HILLS, Mich. — In an incentive package similar to its May deals, Chrysler is offering zero-percent financing through GMAC Financial Services on most of its 2010 lineup, the automaker announced this week. For Chrysler brand vehicles, the options are zero-percent financing for up to 60 months or 1.9-percent financing for 72-month terms. Or, shoppers can […] [Read More]

SANTA BARBARA, Calif. — Under the belief that gasoline prices will soar above $4 per gallon by 2013, ALG made its 36-month residual value forecasts for two vehicle segments expected to be impacted most. Not surprisingly, those two segments included mid-compacts and premium full-size SUVs. "Gasoline prices are a key driver of resale values at the segment level, […] [Read More]

ARLINGTON, Texas — The National Independent Automobile Dealers Association recently appointed a new chief operating officer as well as a publications editor. Hired to serve in the COO post was Davis DeBrady, replacing J.D. Wilson, who retired. Meanwhile, NIADA has named Michael Harbour as its publications editor, a position that had previously been unfilled. Looking at these […] [Read More]

ARLINGTON, Va. — When it comes to building roofs that protect occupants in the event of a rollover, some automakers have excelled, but there is still some room for improvement, according to the Insurance Institute for Highway Safety, which recently conducted its first roof strength tests on a dozen midsize SUVs. Of the models that IIHS […] [Read More]

CERRITOS, Calif. — Two dealer associations and other industry players recently saw the results of their millions of dollars in contributions toward a vast automotive training center. The Southland Motor Car Dealers Association and the Greater Los Angeles New Car Dealers Association each gave $500,000 for construction of the Automotive Partners Building, a facility boasting 10,000 square […] [Read More]

RICHMOND, Va. — Tuesday marked the beginning of CarMax Cares Month, an endeavor where company associates support the communities where they live and work. CarMax indicated that its associates are volunteering in teams throughout June at several nonprofit organizations such as Boys & Girls Clubs, the Ronald McDonald House and the American Cancer Society. Beyond those specific […] [Read More]

SANTA MONICA, Calif. — Though Ford's communications and management teams have remained largely mum about reports that the automaker will wind down Mercury, Edmunds.com said if this does come to pass, then it is good news. Analysts with the site also suggested that most of the customers will stick with Ford when the Mercury brand closes up shop.  In fact, […] [Read More]