July 27, 2021
News
State Line Opens Rail Pilot Program
Staff Writer
July 27, 2021
On June 22, after many years of work and planning, SLAA’s Vehicle Transload Facility loaded and shipped the first automobile from their on-site rail siding. This rail project was started…
‘Electrified’ Vehicle Demand Surges
Staff Writer
July 27, 2021
Kelley Blue Book reports no segment is growing more quickly and relentlessly than electrified vehicles – defined as the combined total of electric vehicles (EVs), hybrids and plug-in hybrids. New-vehicle…
Ford Recalls Aviators
Staff Writer
July 27, 2021
Ford Motor Company is recalling certain 2020-21 Lincoln Aviator vehicles equipped with 3.0L gasoline engines. The wire harness may not be secured properly, possibly contacting the air conditioning (A/C) compressor…
Barrett-Jackson Plans 2022 Florida Event
Staff Writer
July 27, 2021
Barrett-Jackson will return to the Sunshine State April 7-9, 2022, for its annual Palm Beach Auction at the South Florida Fairgrounds. “Last year we postponed our Palm Beach Auction as…
Rivian Announces New Assembly Plant Ahead of IPO
Staff Writer
July 26, 2021
Michigan-based EV start-up Rivian plans to open a second U.S. auto assembly plant. Rivian has not released details of where the plant will be located and several states are apparently…
Auto Loan Default Rate Dips
Staff Writer
July 26, 2021
The auto loan default rate was down four basis points to 0.30% through June 2021, according to the S&P/Experian Consumer Credit Default Indices released by S&P Dow Jones Indices and…
Wells Fargo Names Auto Leader
Staff Writer
July 26, 2021
Tanya Sanders will be the new head of Wells Fargo Auto, the company recently announced. She brings over two decades of financial services experience to the role and succeeds Laura…
CarDR Integrates with Carfax
Staff Writer
July 26, 2021
CarDR.com’s new smartphone Vehicle Appraisal App, the first to combine pricing and OEM level on-board diagnostics (OBD) by Bluetooth connection, announces its integration with real-time CARFAX Vehicle History Reports to…
American Credit Acceptance Adopts New Tool
Staff Writer
July 26, 2021
Point Predictive, an AI company, announced that American Credit Acceptance has adopted its Auto Fraud Manager solution to automate and improve the lender’s funding stipulation decision strategy and keep fraud…
