New-car demand slips in first weeks of June, trade group says
In the first 23 days of June, retail deliveries of new sedans, crossovers, SUVs and multipurpose vehicles slipped 12 percent to below 1.09 million, the China Passenger Car Association said....
New-car demand slips in first weeks of June, trade group says
In the first 23 days of June, retail deliveries of new sedans, crossovers, SUVs and multipurpose vehicles slipped 12 percent to below 1.09 million, the China Passenger Car Association said....
New CFPB report reveals auto buyers take bigger risks with negative equity
The average car dealership customer with negative equity had a lower credit score, accepted a longer loan term and was more likely to bring a co-signer compared with other vehicle shoppers....
Paperwork ‘Piling Up Really Bad’ at Dealers as Cyberattack Outage Continues
Over 15,000 dealers still can't access CDK software that runs everything from repairs to payroll, and it may not be back up until July....
F&I tip: JM&A Group advice for dealers with CDK down
Finance and insurance provider JM&A Group has encouraged dealerships to 'be flexible' and suggested workarounds as the industry copes with the absence of dealership management system CDK....
F&I data: More people were late on auto payments in Q1 2024
The percentage of motorists at least 30 days late on their auto payments rose year over year during the first quarter of 2024, as did the proportion at least 90 days delinquent, according to the Federal Reserve Bank of New York's Center for Microeconomic Data....
Allison Parliament, creator of Jeep ‘ducking’ movement, dies
The idea of leaving rubber ducks on Jeeps started with Allison Parliament's desire to compliment a fellow Wrangler owner, and it spread on social media during the pandemic....
World’s biggest suppliers are rethinking where, how to make parts
Revenue at the world's largest suppliers largely grew in 2023 from a year earlier as the supply chain chaos of the post-COVID global economy began to subside....
Hyundai, Amazon amp up pilot, ready launch
Hyundai Motor America is opening its program to its whole dealer body ahead of its late-2024 launch, but stipulates that Amazon lacks capacity to onboard everyone right away....
Massive Car Dealer Cyber Attack Cripples ‘Every Angle’ of Business
Nearly 15,000 dealers are still shut down. It's a nightmare, they say....