AE eMagazine
Administrator
MENU
SEARCHMENUSEARCHAdministrator
MCLEAN, Va. — Falling gasoline prices and continued pent-up demand have spurred spending on new cars and light trucks, with average retail transaction prices rising more than 3% in the first quarter compared to the same period a year ago, the National Automobile Dealers Association (NADA) reported this week. The average retail transaction price for ... Read More »
Read More →LOUISVILLE, Ky. — Maximus Auto Group (MAG) has announced the release of its new MyCar Mobile app for iPhone and Android, a new online claim-filing system and e-contracting for its customers. With these new tools, MAG, a national administrator that provides automotive protection plans for cars nationwide, is connecting its services to customers via smartphones. ... Read More »
Read More →General Motors Co’s chief executive said on Monday she is confident the company will convince investors of the value of holding on to GM’s stock, which has dropped nearly 9 percent since mid-March despite a $5 billion share buyback plan, reported Reuters. The automaker’s shares have declined as investors are concerned the U.S. auto cycle ... Read More »
Read More →AUSTIN, Texas — After the Texas Department of Motor Vehicles Enforcement Division took a call from shopping site CarGurus on April 30, the department hit the brakes on its plan to fine dealers who have listings on the CarGurus website. As part of an agreement reached over the phone, CarGurus must submit suggested revisions to ... Read More »
Read More →Detroit’s automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead, reported Reuters. Auto executives say the industry is as healthy as it’s been since being restructured in 2009. But judging by the recent stock performance of General Motors Co, Ford Motor Co and Fiat Chrysler ... Read More »
Read More →Ford Motor Co said it was expanding a recall to include 156,000 more vehicles to fix a potential door latch malfunction, reported Reuters. The recalls include certain Ford Fiesta, Fusion and Lincoln MKZ models. The company recalled about 390,000 of the three vehicle models in North America last week to fix the same issue. The ... Read More »
Read More →FORT WORTH, Texas – Dealership software provider AutoStar Solutions has announced a new strategic alliance with consulting agency, KISS Concepts Group, to represent the AutoStar Fusion Ignite dealer management system (DMS) to independent dealerships throughout the United States. As part of this new collaboration, independent agents and agencies that are members of KISS Concepts Group ... Read More »
Read More →OAKBROOK TERRACE, Ill. — Warranty Alternatives has announced the nationwide rollout of Universal Repair Coverage (URC), a new entire-vehicle coverage option for higher-mileage vehicles. URC offers a simple-to-understand and simple-to-use 50% exclusionary repair reimbursement benefit and annual auto deductible insurance benefit alongside rental car, roadside assistance and trip interruption cash benefits… all for half the ... Read More »
Read More →