ironcore – Page 237

Dinner set to mark CEO transition at WANADA

Dinner set to mark CEO transition at WANADA Thursday, May 29, New Marriott Marquis/Convention Center WANADAês members along with other industry and community leaders, have been invited to celebrate 70 years of the automobile business in Washington when the association will mark the occasion of Gerard Murphy stepping out as its president and CEO on […]

WANADA lines up dealer briefing on avoiding charges of discrimination with car loans

WANADA lines up dealer briefing on avoiding charges of discrimination with car loans 9:00 am-11:00 am, Tuesday, May 20, Ritz/Tysons In the wake of all the allegations of discrimination against minorities in the arrangement of consumer loans for car purchases levelled at auto dealers by Obama administration regulators at the Consumer Financial Protection Bureau, WANADA […]

FTC officials signal agency support of Tesla in direct-sales battle

FTC officials signal agency support of Tesla in direct-sales battle A blog post by three Federal Trade Commission officials caused a stir when it defended Teslaês effort to sell cars directly to consumers and said efforts to protect existing middlemen from new competition is bad policy. The middlemen these bloggers reference, of course, is regulator-speak […]

Subprime lenders grow more cautious, says Moodys

Subprime lenders grow more cautious, says Moodyês Subprime auto lenders have become increasingly cautious in making loans to risky buyers, says a recent analysis by Moodyês. One indication of lendersê increasing caution is the improved borrower credit scores for used auto loans in fourth-quarter 2013, the first year-over-year improvement since 2010. Other evidence is slower […]

More buyers skip the test drive, with many visiting only one dealer

More buyers skip the test drive, with many visiting only one dealer The importance of test drives may be diminishing, according to a recent survey by dealership marketing firm DMEautomotive. The survey of 2,000 new and used car buyers found that 16 percent took no test drive, and 33 percent test drove only one car. […]

Perception of GM brand has started to turn around

Perception of GM brand has started to turn around Consumer perception of General Motors hit its lowest point in mid-April, but is on the upswing, according to YouGov, which tracks brand perception nationwide. Chevrolet didnêt fall as low in brand perception as GM overall and is now seen as neutral. Setbacks such as Chevroletês issues […]

All DC licenses must be replaced starting May 1

All DC licenses must be replaced starting May 1 All DC driversê licenses must be replaced starting May 1 to comply with federal requirements put in place after 9/11. The city must revalidate every driverês proof of identity, as part of a national effort to improve the reliability and accuracy of driverês licenses and ID […]

10 best green cars of 2014 named by Kelley Blue Book

10 best green cars of 2014 named by Kelley Blue Book Kelley Blue Book ranks the electric BMW i3 as the best green car of 2014. Not only is it built at an ecologically friendly plant, but it is offered as electric or gas-assisted range-extender, and features an ultra-light carbon fiber body, reports KBB.com. The […]

Driver Privacy Act, which includes black box privacy, moves ahead in Senate

Driver Privacy Act, which includes black box privacy, moves ahead in Senate The Driver Privacy Act, which states that a vehicle owner owns the information collected by the vehicleês Event Data Recorder, has passed the Senate Commerce Committee and moved to the full Senate. Although little is moving in Congress these days, the bill does […]

Special screening of Mustang documentary (horse, not car)

Special screening of Mustang documentary (horse, not car) WANADA Kindred Line member Chesapeake Petroleum extends a special invitation to dealers to attend a VIP reception and screening of American Mustang, which aims to start a national dialogue about the management of wild horses and their preservation on the western range. The reception, hosted by Ellie […]