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New York AG Schneiderman Settles with Auto Dealers Over Alleged Deceptive Auto Advertising

2015-07-28 00:01:13| Auto Dealers - Topix.net

On July 14, New York Attorney General Eric Schneiderman announced two settlements with auto dealers over allegedly deceptive advertising practices. The first settlement was reached with a White Plains-based auto dealer that allegedly misled consumers by promoting, in its print and online ads, illusory sale and lease prices by including "discounts or rebates that were not available to most consumers, and thus, did not represent the actual sale or lease prices."

Tags: york auto advertising dealers

 

CFPB Spurns Request for Internal Auto Loan Memo

2015-07-28 00:01:12| Auto Dealers - Topix.net

The Consumer Financial Protection Bureau denied an auto dealer trade group's request for a document detailing limits imposed by Honda's financing arm on dealer price discretion. From Beijing to Paris to Dublin, peer-to-peer lending is blossoming.

Tags: auto request internal loan

 
 

Underwriting and Funding Speed Exceed Price as Drivers of Auto Dealer Satisfaction

2015-07-27 19:55:45| Auto Dealers - Topix.net

July 27, 2015: In the highly competitive auto lending environment, the level of service provided, including technology and a collaborative and consultative staff, is more important than price, as dealers are willing to pay a premium for high-quality service, according to the J.D. Power 2015 U.S. Dealer Financing Satisfaction Study.SM The study measures dealer satisfaction with finance providers in four segments: prime retail credit; non-prime retail credit; retail leasing; and floor planning. Satisfaction is calculated on a 1,000-point scale.

Tags: price auto speed satisfaction

 

Johnson Controls to spin-off of auto parts businesses

2015-07-27 18:21:54| Canadian Plastics Headlines

Part of the companys plan to focus on building efficiency and automotive battery operations. The post Johnson Controls to spin-off of auto parts businesses appeared first on Canadian Plastics.

Tags: auto parts businesses johnson

 

Auto sales are up across the board, consumers look for cars to fit their personality

2015-07-26 12:56:59| Auto Dealers - Topix.net

David Sevier, left, and Stacy Sevier, middle left, listen to Travis Ratliff, middle right, as he describes the financing options that are offered at the Greeley Subaru dealership alongside sales consultant, Michael Reed on Thursday at 2805 8th Ave in Greeley. The Greeley auto sales tax is up 19% year-to-date from 2014.

Tags: to their board auto

 

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