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.


How  Longer  Vehicle  Lifespan  is  Changing  How  People  Buy  Cars How Longer Vehicle Lifespan is Changing How People Buy Cars

A recent survey performed by AutoMD.com, an automotive repair resource backed by data specialists, shows that the vast majority of consumers will be looking at pre-owned options when it comes time to buy their next primary vehicle. The survey results indicate that the longer lifespan of vehicles has changed the way people go about buying cars.

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Consumer  Credit  Default  Rates  At  Post-Recession  Low Consumer Credit Default Rates At Post-Recession Low

According to the most recent data from S&P Dow Jones Indices and Experian, consumer credit default rates are at a post-recession low.

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Subaru  of  America  Launches  "Subaru  University"  Program Subaru of America Launches "Subaru University" Program

Subaru of America has launched a "Subaru University" program through its inaugural partnership with Respond, Inc. The two companies announced the grand opening of a repair shop on April 29, 2016.

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Dealing  with  84  Month  Auto  Financing Dealing with 84 Month Auto Financing

At the end of the day, you will agree to the deal that will sell the car. If a customer really wants to finance a car for a longer term in order to reduce the monthly payments, you will probably end up doing whatever it takes to make them happy, even if it means taking that customer out of the market for several years.

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Wheel  and  Tire  Insurance  Sales  on  the  Rise Wheel and Tire Insurance Sales on the Rise

Consumers are demanding more wheel and tire insurance coverage, and F&I providers are responding by offering more protection services that individuals can buy. This growing trend can be attributed to curb scrapes and bad road conditions that are known to damage wheels and rims and cause flat tires.

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Used  Car  Prices  Declining  as  Supply  is  Set  to  Explode Used Car Prices Declining as Supply is Set to Explode

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J.D.  Power  Briefing  Highlights  Troubling  Auto  Industry  Trends J.D. Power Briefing Highlights Troubling Auto Industry Trends

A few weeks ago, J.D. Power gave a briefing to kick off the NADA Convention & Expo where the firm evaluated the health of the U.S. auto industry. According to J.D. Power, the market must adopt a more disciplined approach, lest the long-term health of the industry be put in jeopardy.

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New  Car  Sales  to  Peak  This  Year New Car Sales to Peak This Year

The latest analysis from TD Economics predicts that sales will increase yet again in 2016 before beginning to recede in 2017. Will your store be ready and how can you transition your store to take advantage of this situation?

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Want  Satisfied  Customers  at  Your  Dealership?  Embrace  Technology Want Satisfied Customers at Your Dealership? Embrace Technology

It has long been suspected that customers feel more confident about buying cars from dealerships that incorporate technology into the purchasing experience, and this theory is now strongly supported by data. The J.D. Power 2015 U.S. Sales Satisfaction Index (SSI) Study has recently been released and the clear winners were the dealers that have fully incorporated consumer-interactive technology.

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Do  You  Know  How  Your  Dollars  Are  Being  Spent? Do You Know How Your Dollars Are Being Spent?

NCM Associates teamed up with Intelligent Dealer to develop a new dealership tool called NCM LiveAudit. This platform helps dealers monitor their cash flow and analyze their expenses. Let's find out why NCM Associates' CEO Paul Faletti Jr. is so quick to call this "an auto industry game changer."

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