Latest Online Edition  Read Here

THE GOOD FIGHT: Paul John, executive director of the Georgia Independent Automobile Dealers Association, discusses how the association fought against state legislation that would have raised the taxes on used-car purchases.

Small Business Owner Optimism at Highest Point in Decade

Small Business Owner Optimism at Highest Point in Decade Featured

Small-business owners' optimism about their business situation has edged up in the past quarter to a new 10-year high.
The Wells Fargo/Gallup Small Business Index for the latest quarter is at 106, up 11 points since the prior quarter and the highest since 113 measured in the second quarter of 2007.
Small business owners are more positive about the future than about their current circumstances, a pattern that has generally been the case historically. But, the overall increase in the index this quarter is mainly the result of an uptick in present situation ratings, rather than expectations about the future.
The present situation score rose to 45 from 36, while the future expectations score this quarter remained essentially constant. Both of these measures are as high as they have been since 2007.

Last modified on Monday, 07 August 2017 23:26
Consumer Reports Ranks Brands For Reliability

Consumer Reports Ranks Brands For Reliability

Toyota and Lexus once again finished atop the Consumer Reports’ Annual Auto Reliability Survey, but the news was the No. 3 finisher – Buick.The General Motors division became the first...

Volkswagen Recalls SUVS for Fuel Leaks

Volkswagen Recalls SUVS for Fuel Leaks

Volkswagen Group of America Inc. is recalling 73,941 2004-2007 Touareg vehicles. These gasoline-powered vehicles have a fuel filter flange that may crack, allowing fuel to leak.Volkswagen will notify...

  • Research Firm Highlights Autos
    Research Firm Highlights Autos Stock-Callers.com spotlighted auto dealership groups in its recent stock research report.It stated the auto dealership industry, which continues to benefit from an improved labor force, cheap gas and low interest…
    Written on Tuesday, 16 August 2016 14:34
  • FTC Accuses Dealers of Yo-Yo Financing
    FTC Accuses Dealers of Yo-Yo Financing The Federal Trade Commission has charged nine Los Angeles-area auto dealerships and their owners with using a wide range of deceptive and unfair sales and financing practices. This is the…
    Written on Sunday, 02 October 2016 18:53
  • Delinquencies Rise, Outlook Remains Stable
    Delinquencies Rise, Outlook Remains Stable The seasonably slow summer months are translating to notable increases in annualized losses and delinquencies for U.S. subprime auto loan ABS, according to the latest index results from Fitch Ratings.…
    Written on Thursday, 25 August 2016 14:00
  • Lender Relationships Critical to Dealer Success
    Lender Relationships Critical to Dealer Success The relationships auto finance providers develop with dealerships are critical to dealer satisfaction and to remaining competitive in the market, especially as the new-vehicle sales market tightens, according to the…
    Written on Monday, 15 August 2016 14:53
  • Auto Finance Remains Strong, But Concerns Increase
    Auto Finance Remains Strong, But Concerns Increase Delinquencies and losses on prime auto loan ABS remained historically low through June, despite slow growth in the U.S. economy, according to Fitch Ratings. Most economic factors that affect ABS…
    Written on Friday, 05 August 2016 14:32
  • Reynolds Continues Library Rollout
    Reynolds Continues Library Rollout The Reynolds and Reynolds Company today announced that Reynolds Document Services has developed 30 state-specific Reynolds LAW brand finance and insurance (F&I) documents libraries, surpassing the midway point to a…
    Written on Thursday, 22 September 2016 17:00
  • Franchise Employees Get a Raise
    Franchise Employees Get a Raise The average annual compensation for employees at new-car dealerships working in all positions was $69,718 in 2015, an increase of 1 percent from the previous year, according to a new…
    Written on Sunday, 02 October 2016 18:53
  • Fiserv Introduces Tools for Finance Companies
    Fiserv Introduces Tools for Finance Companies Fiserv Inc. announced the launch of a multi-tier implementation model for its Auto Loan Origination System (LOS) and Automotive Account Servicing solutions to help new entrants expand into auto financing…
    Written on Tuesday, 27 September 2016 01:34
  • Margin Between Trucks, Cars Widens
    Margin Between Trucks, Cars Widens Average wholesale values fell modestly and in line with typical seasonal patterns in August. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class,…
    Written on Tuesday, 27 September 2016 14:19
  • Subcompacts Take Biggest Hit
    Subcompacts Take Biggest Hit Wholesale prices of vehicles up to eight years in age fell by 2.3 percent in July compared to June. According to NADA Used Car Guide, July's decline ties June for…
    Written on Friday, 12 August 2016 14:52