AE eMagazine

Payment Gap Between New and Used Hits All-Time High in Q2, Experian Reports

SCHAUMBURG, Ill. — Experian Automotive reported today that the gap between the average monthly payments for new and used vehicles during the second quarter reached a record $122 — the largest margin since Experian began publicly reporting auto finance data in 2008. According to the firm, the average monthly payment for a new vehicle was ... Read More »

Consumer Complaints Hit 677,000, CFPB Reports

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) released a report Tuesday highlighting trends in consumer complaints through August 1, with credit reporting complaints seeing the sharpest increase compared to both the prior month and prior year. The bureau has handled approximately 105,000 credit reporting complaints since it began accepting them in October 2012. ... Read More »

AUL Corp Named One of the Best Places to Work In the North Bay For the Second Year In A Row

NAPA, Calif. – The North Bay Business Journal recently announced the winners of the Best Places to Work in the North Bay. AUL Corp has been awarded the second year in a row. AUL Corp is a Vehicle Service Contract company founded in Napa, California, in 1990 by Luis Nieves, president and CEO. AUL has ... Read More »

Enterprise, Chase to Launch Enterprise Auto Finance

American Auto Guardian, Inc. Unveils Mobile App

SCHAUMBURG, Ill. — American Auto Guardian, Inc. (“AAGI”) announced its newly developed mobile application to its Agents during the Company’s 2015 Product Launch this month. Storing paper contracts in the glovebox is now a thing of the past! AAGI Mobile is a one of a kind customer-facing mobile application that interacts with all of AAGI’s ... Read More »

GWC Warranty

GWC Warranty Corporation 40 Coal Street, Showroom Level Wilkes-Barre, PA 18702 T: 570-212-8920 agents.gwcwarranty.com GWC Warranty helps agents build their business by offering a “No Worries, Just Drive” experience through outstanding claims support and expansive coverage options for high mileage vehicles. We’re a leading provider of high mileage vehicle service contracts nationwide and provide a hassle-free experience for our agents by allowing them to spend time on dealer relationships, not dealer problems.

PALS Panel on Self-Governance Draws Interest

Evidence Manual

VW Spent Two Years Trying to Hide a Security Flaw

LONDON (Bloomberg) – Thousands of cars from a host of manufacturers have spent years at risk of electronic car-hacking, according to expert research that Volkswagen has spent two years trying to suppress in the courts, reports Automotive News. “Keyless” car theft, which sees hackers target vulnerabilities in electronic locks and immobilizers, now accounts for 42 ... Read More »

LotLinx Appoints Cofounder CEO

SAN FRANCISCO — LotLinx announced this week that it has appointed company cofounder Denise Chudy CEO, effective immediately, the company announced. In her new role, Chudy will be responsible for all areas of LotLinx’s business, including strategic direction, development of key partnerships and customer relationships. LotLinx is an online retailing solution connecting online customers with ... Read More »