Financial News

The estimated average transaction price for light vehicles was $36,978 in November, according to Kelley Blue Book. New-vehicle prices increased by $769 (up 2.1 percent) from November, while remaining flat…
The new-vehicle sales pace in November is expected to be 17.1 million units, a decrease from October’s 17.5 million level, but on pace with the market’s 2018 overall average, according…
The U.S. Patent and Trademark Office has awarded Spireon a patent for its technology approach to managing an automotive dealership's vehicle inventory by pairing a tracking device to a vehicle.…
The Bureau of Consumer Financial Protection announced a settlement with Santander Consumer USA Inc. As described in the consent order, the Bureau found that Santander violated the Consumer Financial Protection…
Steve Anenen, the former president and CEO of CDK Global, has been appointed to the DealerSocket board of directors. Anenen served for more than 25 years at CDK Global, formerly…
Chase Auto announced a new shift in leadership that aligns its lending business with marketing into one consumer-facing shop. The combination will be led by Chase Auto Chief Marketing Officer…
Primeritus Financial Services promoted Mike Thomas to chief executive officer, effective immediately. Thomas succeeds Scott Peters who joined Primeritus in 2015 and led the company during a period of rapid…
The average used-vehicle price reached $20,084 in the third quarter, according to Edmunds. This is the highest average price since 2005 and a 3.5 percent increase year over year. Edmunds…
Wholesale used vehicle prices increased 0.72 percent month-over-month in October. This brought the Manheim Used Vehicle Value Index to 140.9, a 3.4 percent increase from a year ago and a…
Page 1 of 20

Please publish modules in offcanvas position.