Finance & Insurance
Customers' driver's licenses pose hidden threat to dealers
11:02 am U.S. ET | March 10
For a dealership, a customer's driver's license isn't just a driver's license any more. Based on lawsuits, it's "a $16,000 liability" lying next to the copy machine, says Doug Fusco, founder and CEO of DealerSafeGuardSolutions in McKinney, Texas.... Read More » Comments [0] | Recommendations [0]
Advertising
Trial is reset for defunct tire-program vendor
11:07 am U.S. ET | March 10
The trial date for Wilbur "Tray" Harrison Jr., the seller of a now-defunct tire replacement program, was postponed from this week until June 22.... Read More »
Subprime lender AmeriCredit says don't come in, the water is fine
11:04 am U.S. ET | March 10
The climate has improved so much for subprime auto lenders that Kyle Birch of AmeriCredit Corp. says he has begun to worry that market conditions could attract more startups in subprime.... Read More »
- GMAC finance chief leaves for private-equity firm | March 9, 2:00 pm U.S. ET
- Credit unions emerge from downturn as finance winners | March 8, 12:01 am U.S. ET
- Leasing's revival expected to continue in '10 | March 8, 12:01 am U.S. ET
- Westlake flourishes through credit drought | March 8, 12:01 am U.S. ET
- Things get brighter in subprime auto segment | March 8, 12:01 am U.S. ET
- Lenders forge ways to connect with hip, practical buyers | March 8, 12:01 am U.S. ET
- Finance execs agree: 2010 is hitting stride | March 8
- GMAC's Carpenter hears dealers' concerns | March 8
- More dealers sell insurance products in service lanes | March 8
- GMAC deal will cost DealerTrack $15 million | March 8
- Safe-Guard expands overseas | March 3
- F&I managers get creative in selling service contracts | March 3
- More
Sales
Whitacre: GM is on track for pre-June loan repayment
4:00 pm U.S. ET | March 10
General Motors Co. will pay back roughly $8 billion in debt to the United States and Canada before June, CEO Ed Whitacre said today. That repayment schedule would be quicker than the automaker has promised.... Read More »
Dealers
Ralliart unit folds, but Mitsubishi will keep the name
2:17 pm U.S. ET | March 11
Mitsubishi will continue using the “Ralliart” brand name despite the demise of the Japanese racing parts company this week. Ralliart Inc., a wholly owned Japanese subsidiary of Mitsubishi Motors Corp.... Read More »
- Like GM, Chrysler should reinstate rejected dealers, lawmaker says
- Mazda follows Toyota in installing brake override systems
- Chrysler signals it won't follow GM on dealer reinstatement
- Rejected-dealer advocates fail to get GM reinstatement calls
- GM has contacted all 661 dealers slated for reinstatement
Marketing
GM’s Suburban gets a free ride in ‘Crazy Heart’
12:35 pm U.S. ET | March 10
So how much did General Motors Co. pay to place a well-worn 1978 Chevrolet Suburban in a prime role in the hit film ‘Crazy Heart’? The truck was driven by leading man Jeff Bridges -- ironically, the voice of Hyundai commercials.... Read More »
Remarketing
SmartAuction will handle used-car disputes
12:01 am U.S. ET | March 8
GMAC Financial Services now will arbitrate disputes for dealers who find previously undisclosed problems with vehicles they bought through GMAC's SmartAuction online remarketing channel -- no matter the seller.... Read More »
Service & Parts
THE TOYOTA RECALL CRISIS
Toyota hands over 2006 dissident memo to U.S. panel
2:01 am U.S. ET | March 11
Toyota Motor Corp. said today it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time. On Monday, Rep.... Read More »
NADA
Store profits up in '09; cost cuts help offset weak revenues
12:01 am U.S. ET | March 1
The average U.S. dealership's profits rose sharply last year despite lower overall revenues and fewer unit sales industrywide. The average dealership's net pretax profit margin rose to 1.5 percent in 2009 from 1.... Read More »
Automotive News TV
» Today's newscast
• Saab CEO on strategy
• Chevy pitch: 'Excellence'
• Nissan's truck gambit
Thu., March 11
• Saab CEO on strategy
• Chevy pitch: 'Excellence'
• Nissan's truck gambit
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2010 Audi A3 TDI: Small car, big MPG -
2010 Mitsubishi Lancer Sportback Ralliart: Hatching with cabin tech -
2010 Subaru Legacy: Lots of tech options -
2010 Detroit Auto Show: The 2011 Toyota Sienna -
2010 Detroit Auto Show: The Hyundai Blue Will Concept -
2010 Mazda Mazdaspeed3: Small, but functional nav. system -
2010 Cadillac SRX AWD: Solid tech -
The 2011 Ford Mustang at the 2009 L.A. Auto Show -
A look at the L.A. Auto Show -
2010 Tesla Roadster Sport: Improved interior; low tech -
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2010 Audi A5 2.0 TFSI Cabriolet: Starts at $43,000 -
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