Automotive News

If anything happens in the industry, we'll provide all of the important details here. Find out what's going on with manufacturers, lenders, compliance laws, and the latest automotive-related studies and reports right now.

GM offers the First Official Extended Warranty Coverage in the Business - Banner GM Offers the First Official Extended Warranty Coverage in the Business

All new 2018 and 2019 GMC, Buick, Chevrolet, and Cadillac vehicle owners have the option of purchasing an extended bumper-to-bumper warranty. This new extended warranty is the first of its kind, and offers something invaluable to customers seeking a reliable vehicle: peace of mind.

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Auto Loan Delinquency Rates are Decreasing - Banner Auto Loan Delinquency Rates are Decreasing

Auto loan delinquency rates have been dropping ever since consumers and the country have rebounded from the recession, but recently, we?re seeing something different in the subprime sector ? where delinquency rates are rising.

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Strong June Car Sales Close First Half of 2018 on High Note - Banner Strong June Car Sales Close First Half of 2018 on High Note

In June, dealerships across the country closed out the first half of 2018 on a high note by delivering a strong sales month, bringing the seasonally adjusted annual rate (SAAR) to 17.47 million. Despite this, many analysts forecast weaker sales for the second half of 2018, but your dealership can keep the good times going with the right help.

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underwriting, loan approved Auto Lending Market Facing Tightening of Underwriting

The TransUnion Q4 2017 Industry Insights Report found a number of indicators that point to a controlled tightening of underwriting for subprime car leads ? something that Auto Credit Express can help your dealership successfully withstand.

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dealership staff Why Your Dealership Still Matters during the Digital Retailing Revolution

The findings from Cox Automotive's "Future of Digital Retail Study" show consumers want to buy from a car dealership that allows them to do parts of the purchase process online.

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woman with car keys Many Americans Have Car-Related Resolutions for 2018

According to a recent survey, a good number of Americans are focused on buying new vehicles or taking better care of their current cars in 2018.

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business meeting Predicted Automotive Trends for 2018

As we start the new year, leading experts are predicting auto industry trends to look for in 2018. These projections vary, with some showing improved sales, while others believe sales will fall.

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car saleswoman Independent Dealers Expecting More Challenges in 2018

With the new year comes new automotive trends. Experts from Cox Automotive expect an increase in used vehicle sales in 2018, and a decrease in new vehicle sales. The group of dealers expected to be hit the hardest? Independent dealers who sell older used cars.

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scam, data breach After a Data Breach, Dealers Beware

When consumers? sensitive information winds up in the hands of identity thieves, dealerships need to be prepared for the aftermath. Every dealer should know how a large-scale event, such as the recent Equifax breach, will affect their customers, and themselves.

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car salesperson showing customer a car Dealer Confidence Indexed with New Survey

Recently, Cox Automotive launched a new survey designed to measure how dealers feel about the current automotive market and their short-term prospects. It's similar to a consumer confidence index, but instead focuses on dealer sentiment. This is the second ever Cox Automotive Dealer Sentiment Index and covers the third quarter of 2017.

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Phone: 888-535-2277
Fax: 248-370-6601
Phone: 888-535-2277 - Fax: 248-370-6601

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