ironcore – Page 266

Auto lending up, but mostly to older buyers, says Fed report

Auto lending up, but mostly to older buyers, says Fed report The amount of auto loans nationally rose for the ninth straight quarter in second-quarter 2013, says a report from the New York Federal Reserve Board. But loans vary by age of the borrower: Consumers aged 60 to 69 are the only ones taking out […]

Toyota dealers should be wary of Callsource agreement

Toyota dealers should be wary of Callsource agreement Central Atlantic Toyota dealers have received an agreement from Toyota Motor Sales that, if the dealer signs it, would allow Toyota access to tapes of all phone calls between dealership staff and customers. Toyota would provide dealers with the taping system from Callsource Automotive on the condition […]

Plan now for WANADAs Sales Training Seminar, September 10-12

Plan now for WANADAs Sales Training Seminar, September 10-12 WANADA will again offer its popular three-day Sales Training Seminar, Tuesday, September 10, to Thursday, September 12. Graduates will learn showroom-proven sales techniques perfected through repeated role-play to ensure understanding and long-term retention. Participants will learn both interpersonal and consultative selling skills, including: gaining early control […]

Regulatory updates for dealerships:

[U]Regulatory updates for dealerships:[/U] DOT relaxes hazmat rules for airbags and seat belts A new U.S. Department of Transportation rule relaxes the hazardous material (hazmat) shipping requirements for air bags and seat belt pretensioners. Dealership parts and service departments and body shops receive and ship a variety of hazmat, including chemicals, batteries, solvents, oils and […]

Bill would define full-time as 40 hours under health care law

Bill would define full-time as 40 hours under health care law The Forty Hours is Full Time Act of 2013 was introduced in July by Sen. Susan Collins (R-Maine) and Sen. Joe Donnelley (D-Ind.). The bill would change the definition of a full-time employee from 30 hours to 40 (or 174 hours a month for […]

Most stolen: Honda Accord in Va., Dodge Caravan in Md.

Most stolen: Honda Accord in Va., Dodge Caravan in Md. The 1994 Honda Accord was the vehicle stolen most often in Virginia in 2012; in Maryland, it was the 2000 Dodge Caravan. The figures are from a new report by the National Insurance Crime Bureau (NICB), which has information on the 10 vehicles stolen most […]

Really? It costs more to own a car in Virginia than in Maryland

Really? It costs more to own a car in Virginia than in Maryland Virginia is the nations ninth most expensive state for owning a car, but Maryland is in the bottom half of states for car expense, in 29th place. The estimated annual cost of car ownership from Bankrate.com includes repairs, taxes and fees, gasoline […]

Reflecting on MLKs Dream Speech, 50 years ago today

Reflecting on MLKs Dream Speech, 50 years ago today Our lives begin to end the day we become silent about things that matter. [I]–Martin Luther King, Jr. From his last speech, April 3, 1968[/I] [I] the lesson of our past (is) the promise of tomorrow: that in the face of impossible odds, people who love […]

NHTSA hopes to talk to dealers about new VIN search rule

NHTSA hopes to talk to dealers about new VIN search rule National Highway Traffic Safety Administrator David Strickland said he hopes NHTSA will have the opportunity to talk to dealers about their role in making customers aware of the availability of recall information searchable by VIN in accordance with their responsibility under the agencys new […]

Consumer finance bureaus response to Congress raises questions about its investigation of financed car sales

Consumer finance bureaus response to Congress raises questions about its investigation of financed car sales The Consumer Financial Protection Bureaus response to a letter from 35 Republican members of the House of Representatives regarding CFPBs indirect auto lending guidance leaves many unanswered questions, according to a report in the CFPB Monitor. Thats a blog by […]