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DETROIT — Ally Financial has launched a new tool to help consumers decide whether buying or leasing might be their best option when shopping for a vehicle. Available for free on Ally’s website, the interactive buy or lease tool will help arm consumers with the right information to start the vehicle financing process, officials said. ... Read More »
Read More →Fiat-Chrysler aims to list shares in the newly merged carmaker in New York on Oct. 13, Chief Executive Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month, reported Reuters. He was speaking a day after the merger between Fiat and its U.S ... Read More »
Read More →U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror, reported Reuters. Analysts polled by Thomson Reuters expect monthly sales of about 1.5 million ... Read More »
Read More →A used car dealer in New Jersey has admitted selling seven vehicles that sustained flood damage during Superstorm Sandy after a Motor Vehicle Commission office employee created clean titles for them, reported lehighvalleylive. Jonathan Olin, 42, of Manalapan, pleaded guilty to theft by deception and Jessie Dinome, 30, of Jackson, pleaded guilty to tempering with ... Read More »
Read More →When it comes to making their customers happy, the world’s automakers have hit a bit of a rough patch, reported NBC News. For the second-straight year, satisfaction with the auto industry is down, according to a new American Customer Satisfaction Index report released Tuesday. The ACSI score for cars and light trucks is now 82 ... Read More »
Read More →Employees at the Volkswagen AG auto plant in Chattanooga, Tennessee, are attempting to form a union that will include hourly and salaried workers as a counter to the United Auto Workers Local 42 established last month, a leading anti-UAW worker said on Tuesday, reported Reuters. Mike Burton, who helped anti-UAW workers defeat the UAW’s effort ... Read More »
Read More →The General Motors Co. ignition switch compensation program has received 309 claims through Monday, including 107 related to fatal accidents, reported Michigan Live. Camille S. Biros, of Feinberg Rozen LLP, which is overseeing the program for the Detroit-based automaker, said payments to eligible victims and their families are expected to be finalized by the end ... Read More »
Read More →SCOTTSDALE, Ariz.- Digital Air Strike, one of the nation’s leading automotive social media, online reputation and lead-response companies, announced today that Inc. magazine has named it as one of the Top 5000 Fastest-Growing Private Companies in the country. Based on a three-year growth rate of 313 percent, Digital Air Strike ranked #1 in revenue/#5 in ... Read More »
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