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LEGAL UPDATE: Sean Petersen, NIADA senior vice president of legal and governmental affairs, talks about recent legal issues affecting independent dealers.  One change in Nevada regulates the use of starter-interrupt and GPS devices.

Fewer Deals Available at Franchise Dealerships

Fewer Deals Available at Franchise Dealerships Featured

Although new vehicles are sitting on dealer lots longer than at any point since July 2009, incentives - particularly 0-percent finance deals - have been slow to materialize in August, according to Edmunds.
Though days to turn now averages 77 days - two days more than in July - incentives in August were basically flat.
Automakers have also been stingy with financing deals. Only 10 percent of loans in August had 0-percent APRs, compared to 15 percent of loans last August.

Last modified on Tuesday, 05 September 2017 00:02
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Independent Dealer Travels Famous Route For Birthday

Independent Dealer Travels Famous Route For Birthday

Some people celebrate their 60th birthday with a cake and a family party. But independent dealer Guy Strohmeier instead went on a month-long hike from...

OSHA Fines Lynnway Auto Auction for Safety Violations

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The federal Occupational Safety and Health Administration (OSHA) cited Lynnway Auto Auction Inc. for electrical, struck-by, and other hazards at its auto auction facility in Billerica, Mass.On May 3, OSHA...

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