ironcore – Page 286

Complying with CFPB guidance on finance reserve

Complying with CFPB guidance on finance reserve Auto dealer attorney and WANADA government relations advisor Mike Charapp of Charapp & Weiss offers advice to help dealers to comply with the Consumer Finance Protection Bureaus (CFPB) recent guidance on finance reserve. For context, he notes that the CFPB has long pressured finance sources to switch to […]

Car repair costs up 10% nationwide in 2012, says new study

Car repair costs up 10% nationwide in 2012, says new study Auto repair costs nationwide jumped 10 percent last year after nearly six years of decreased costs, says a study by CarMD. Labor costs accounted for most of the increase (17 percent), while parts costs were up 6 percent. We attribute this to several factors, […]

Service department opportunity: 3 in 4 cars need service

Service department opportunity: 3 in 4 cars need service A whopping 77 percent of vehicles inspected at car care events across the country last year needed service or parts, according to the Car Care Council. The news is just in time for National Car Care Month in April. The top three problem areas were engine […]

March was best month ever for certified used sales AutoData

March was best month ever for certified used sales AutoData Even as new sales keep rising, last month set a record for certified pre-owned sales, at 190,065 nationally. And the first quarter of 2013 set a record for quarterly CPO sales, at 497,647. Thats according to AutoData Inc. Spring is a good time for […]

Gas will be cheaper this summer, cheaper still in 2014

Gas will be cheaper this summer, cheaper still in 2014 Motorists will pay 5 cents less per gallon of gasoline this summer than last year, says the U.S. Energy Information Administration, part of the Energy Department. The lower price is caused partly by a slight drop in the price of crude oil, which accounts for […]

U.S. Ambassador Don Beyer honored for foreign service

U.S. Ambassador Don Beyer honored for foreign service Kudos to longtime Washington area dealer and, more recently U.S. Ambassador to Switzerland and Liechtenstein Donald S. Beyer, Jr. for outstanding service to American Citizens overseas. The organization honoring His Excellency Ambassador Beyer is a renowned international public interest group that regularly interacts with the U.S. Foreign […]

Register now for WANADAs F&I seminars April 25-26

Register now for WANADAs F&I seminars April 25-26 Time is getting short to register for WANADAs special Spring Finance and Insurance Professionals Seminar. You can sign up for either Thursday, April 25 or Friday, April 26. The daylong workshop, intended for both new F&I staff and veterans, is presented by JM&A, WANADAs presenter for the […]

April 14th: the first day in American history to live in infamy

April 14th: the first day in American history to live in infamy Yesterday, April 14, 2013, is two years shy of the sesquicentennial of the terrible day John Wilkes Booth fatally shot President Lincoln at Fords Theater in Washington. Every bit as much a day to live in infamy as December 7, 1941, about which […]

Thought for the Week

Thought for the Week Being powerful is like being a lady. If you have to tell people you are, you arent. [I]–Margaret Thatcher Former British prime minister Oct. 13, 1925 April 8, 2013[/I]

2013 Md. General Assembly seen as busiest session in years, resulting in a state that looks more liberal.

2013 Md. General Assembly seen as busiest session in years, resulting in a state that looks more liberal. Lets see: A gun control bill described as most sweeping; repeal of the death penalty; first gas tax hike in 21 years; incentives for an off-shore wind farm (to broaden renewable energy); a bill expanding ranks of […]