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VW's European car sales, market share slip after emissions scandal

2015-11-17 08:22:34| Auto Dealers - Topix.net

Nov 17 Volkswagen's European sales and market share slipped in October, industry data showed on Tuesday, as the German carmaker's emissions-cheating scandal began to take its toll at a time when the overall market continued to grow. New passenger car registrations in the European Union and European Free Trade Association trading block rose 2.7 percent last month on a year ago to 1.14 million vehicles, according to the Brussels-based Association of European Carmakers .

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Dozens Of Democrats Are About To Vote For Racial Discrimination At Car Dealerships

2015-11-17 03:07:35| Auto Dealers - Topix.net

The NAACP, the National Urban League, the National Council of La Raza and the U.S. Public Interest Research Group have all issued statements opposing the bill. The legislation would eliminate regulatory instructions, issued by the Consumer Financial Protection Bureau in 2013, that were designed to combat a longstanding pattern of people of color paying more for car loans than white customers with similar credit histories.

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UK investigates car emissions tests

2015-11-16 16:07:33| BBC News | Business | UK Edition

Parliament's Transport Committee is to investigate if the way the UK approves the road worthiness of cars is "fit for purpose".

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UK new car sales dip but Jaguar Land Rover continues its growth

2015-11-16 15:41:11| Auto Dealers - Topix.net

Figures released by the Society of Motor Manufacturers and Traders show UK new car registrations dropped for the first time in more than three and a half years New car sales in the UK have fallen for the first time in 43 months, though Jaguar Land Rover has bucked the trend - both at home and abroad. Figures released by the Society of Motor Manufacturers and Traders show UK new car registrations dropped for the first time in more than three and a half years as market growth levelled off in October.

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Car loans hit $1 trillion for first time

2015-11-16 11:26:36| Auto Dealers - Topix.net

The loan balances have been driven up by a combination of three factors -- strong car sales, rising car prices and low interest rates. "There are a lot of lending choices for consumers, a lot more competition," said Jason Laky, automotive business leader at credit agency TransUnion, which reported the record level of car loans.

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