ironcore – Page 272

Car buyers getting more options, especially for small cars

Car buyers getting more options, especially for small cars New-vehicle buyers are buying more expensive options than in the past, says CNW Research. Among the different vehicle buyers, small car owners have always fluctuated the most on how much they will spend on options, but their numbers have been creeping up since the recession ended. […]

Worldwide use of head-up displays to increase sevenfold

Worldwide use of head-up displays to increase sevenfold The sale of vehicles with head-up, dashboard displays is set to skyrocket in the next several years, says a new study by IHS Automotive. Only 2 percent of vehicles sold worldwide in 2012 had HUDs, but that is expected to rise to 9 percent by 2020. Apart […]

A car is stolen every 44 seconds; only 52% recovered

A car is stolen every 44 seconds; only 52% recovered Even with the spread of ignition immobilizers, a motor vehicle is stolen every 44 seconds in the United States. Only 52 percent are recovered. And as many as half the thefts are caused by driver error. With July and August the biggest months for car […]

NADA Prices of used plug-in electrics to drop 30% in 2013

NADA Prices of used plug-in electrics to drop 30% in 2013 To meet the stringent fuel economy standards, automakers are scrambling to build and market plug-in electric vehicles (PEVs). But two years after introduction, sales of the Chevy Volt and Nissan Leaf fall short of their manufacturers goals. And how are used, previously-owned PEV […]

Va. dealer board covers advertising, Internet leads

Va. dealer board covers advertising, Internet leads The Virginia Motor Vehicle Dealer Board discussed two issues of interest to franchised dealers at its July meeting: the use of free in advertising, and Internet sales leads. The Boards executive director noted that use of the word free or similar language when advertising sale of a motor […]

Kindred Korner: Capital One Auto Finance

[U]Kindred Korner[/U] Capital One Auto Finance Capital One Auto Finance is a recent addition to the WANADA Kindred-Line membership, after expanding its auto finance presence in the Mid-Atlantic region in April 2012. The company, founded in 1988, has emerged as one of America’s largest consumer franchises, with more than 45 million customer accounts, and is […]

Correction! Cordray remains director of CFPB

Correction! [I]Cordray remains director of CFPB[/I] Last weeks Bulletin incorrectly stated that Richard Cordray had resigned as director of the Consumer Financial Protection Bureau at the end of June. He remained CFPDs director through President Obamas recess appointment and gained Congressional approval on Tuesday, July 16th. Richard Hackett, the Bureaus assistant director in charge of […]

Reflecting on things

Reflecting on things There were no winners in the Trayvon Martin murder case that resulted in an acquittal for the defendant in Florida last weekend. Martins death was tragic for the ill-fated 17 year old as it will forever be for his family, no less than George Zimmerman, who shot Martin and was prosecuted for […]

Mercedes, Infiniti, Lexus take top scores in sales survey

Mercedes, Infiniti, Lexus take top scores in sales survey Mercedes-Benz, Infiniti and Lexus were the top scorers in a customer satisfaction study using 5,200 mystery shoppers at dealerships across the country. The results were released in the 2013 Pied Piper Prospect Satisfaction Index (PSI) U.S. Auto Industry Benchmarking study. Researchers tied mystery shopping measurement and […]

NADA takes exception with USA Today editors support of Teslas retail model

NADA takes exception with USA Today editors support of Teslas retail model From the editorial page of the July 16, 2013 edition of USA Today, news editors wrote that Car buyers shouldnt have to go to a middle man and Dealers try to thwart Teslas sales strategy. On the same editorial page, NADA president Peter […]