Recent News

Outstanding auto loans hit record $1.1 trillion

Outstanding U.S. auto-loan balances reached a record-high $1.1 trillion in the second quarter, a 7.1 percent rise paced by prime loans, an Experian report said. ... Read More »

Southwest Dealer Services Acquires Wash.-based F&I Agency

IRVINE, Calif. — Income development company SouthWest Dealer Services (SWDS) has acquired Spokane, Wash.-based Evergreen Dealer & Insurance Services (Evergreen). Financial terms of the transaction were not disclosed.A subsidiary of global holdings company...

... Read More »

AUL Promotes Bryan Nieves to Vice President of National Accounts

NAPA, Calif. — F&I product provider AUL Corp. today announced the executive promotions of Bryan Nieves to vice president of national accounts and Henry Paoli to national sales manager.Nieves previously served as the company’s national accounts manager,...

... Read More »

Manheim to Close Florida Auctions Ahead of Irma

TAMPA, Fla. — Manheim has closed its Puerto Rico facility and will close four of its Florida auctions on Friday ahead of Hurricane Irma's expected landfall in Florida over the weekend, according to the company.Prior to the arrival of the Category 5 storm,...

... Read More »

Florida car dealers say insurers halt policies ahead of Irma

Insurers including Progressive and Allstate have stopped issuing policies on new cars in certain Florida counties, hindering vehicle sales days before Hurricane Irma is forecast to hit the state. ... Read More »

CSGO Lotto Owners Settle FTC’s First-Ever Complaint Against Individual Social Media Influencers

Owners must disclose material connections in future posts; FTC staff also sends 21 warning letters to prominent social media influencers Trevor “TmarTn” Martin and Thomas “Syndicate” Cassell, two social media influencers who are widely followed in the online...

... Read More »

CSGO Lotto Owners Settle FTC’s First-Ever Complaint Against Individual Social Media Influencers

Owners must disclose material connections in future posts; FTC staff also sends 21 warning letters to prominent social media influencers Trevor “TmarTn” Martin and Thomas “Syndicate” Cassell, two social media influencers who are widely followed in the online...

... Read More »

Nissan says new electric vehicle competitors ‘positive’ for market

Nissan considers new electric vehicle competitors positive for the market because it is an opportunity to "democratize" the environment-friendly vehicles. ... Read More »

Miami auto show delayed by Hurricane Irma

The Miami auto show has postponed its opening as Hurricane Irma approaches the coast of Florida. The show's opening was slated for Saturday -- the day the storm is anticipated to hit. ... Read More »

Lear to launch connective tech in Audi vehicles in 2018

Lear plans to launch vehicle connectivity technology in Audi vehicles in the fourth quarter of 2018. ... Read More »