The Dealertrack Credit Availability Index climbed to 107.1 in September as all six components — including subprime share — contributed to the gain. +
Greenway Auto Group avoids restitution and admission of wrongdoing in its settlement with the FTC but could face steep fines for future offenses. +
The Federal Trade Commission has dismissed a complaint alleging systematic payment packing at three Texas dealerships owned by Asbury Automotive. +
Edmunds reports new vehicle financing set five new records, including an average amount financed of $44,664 and a $787 monthly payment. +
New payment technology gives TPAs, agents and dealers access to merchant processing, virtual card payments and ACH disbursements. +
Endurance Dealer Services veterans Eric Gilliam and Eric Radford will serve as senior vice president of sales and vice president of sales. +
Chaiz now offers a free way to determine whether a vehicle’s factory coverage is still active and compare service contract options from verified providers. +
All 12 governors of the Federal Reserve’s Open Market Committee voted to raise their target lending rate by one-quarter of a point to temper inflation. +
The Federal Trade Commission has published new price advertising guidance for auto dealers amid a barrage of warning letters and enforcement actions. +
PCMI has expanded its PresentNow platform with “digital lite menu” capabilities built specifically for RV, powersports and personal watercraft dealers. +
