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New York Independent Automobile Dealers Association is hosting a webinar April 6 at 11 a.m. (Eastern) to help the state’s dealers navigate the coronavirus landscape The dealers successfully lobbied to…
Black Book projects a significant reduction in U.S. new vehicles sales in 2020, despite low interest rates, cheap fuel and increased OEM incentives. However, the company said there is a…
Penske Automotive Group Inc. announced a hiring freeze, negotiated rent deferrals for up to 90 days and a postponement in $150 million in capital expenditures. “The COVID-19 crisis is impacting…
Genesis Motor North America has appointed Tedros (Ted) Mengiste as Executive Director, Sales Operations, Genesis Motor America. He will be responsible for sales, retail operations and client experience in the…
HyreCar Inc., the carsharing marketplace for ridesharing and food/package delivery services, reported financial results and provided a corporate update for the fourth quarter and year ended Dec. 31, 2019. Full…
The National Auto Auction Association’s weekly conference call with industry leaders was less eventful than in recent weeks, said CEO Frank Hackett. The March 30 call showed that few live…
General Motors announced that it intends to drawdown approximately $16.0 billion from its revolving credit facilities. This is a proactive measure to increase GM's cash position and preserve financial flexibility…

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New-Car Loan Rates Tick Up

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Apr 02, 2020 Rate: 5.00