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Newsby AE eMagazineJune 10, 2015

Holman Group Acquires Audi Willow Grove

MAPLE SHADE, N.J. — Holman Automotive Group acquired Audi Willow Grove in Willow Grove, Pa. The dealership is now the second Audi store under the Holman brand. Audi Willow Grove was owned and operated by Don Rosen, who has been affiliated with the Audi brand for over two and a half decades. Under his leadership, ... Read More »

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Newsby AE eMagazineJune 10, 2015

Southeast Toyota Finance Adopts RouteOne Platform

FARMINGTON HILLS, Mich. — RouteOne has announced that Southeast Toyota Finance, a provider of automotive financing to 176 Toyota dealers in the Southeastern United States, is now available on its automotive finance platform. “We are excited to welcome Southeast Toyota Finance to our platform,” said RouteOne CEO Mike Jurecki. “This integration brings our Toyota dealers ... Read More »

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Newsby AE eMagazineJune 9, 2015

NHTSA Admits Faults in GM Investigation

The National Highway Traffic Safety Administration admitted Friday it made a series of errors in its handling of General Motors Co.’s delayed recall of 2.6 million cars with faulty ignition switches linked to 109 deaths and more than 200 injuries, reports The Detroit News. The federal agency pledged to make significant reforms. NHTSA is bracing ... Read More »

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Newsby AE eMagazineJune 9, 2015

Mazda Adds 540,000 Vehicles to Takata Air Bag Recall

Japanese automaker Mazda Motor Co. said Friday it is recalling nearly 540,000 cars and pickups in North America for air bag inflators that can explode, adding to the massive recall of vehicles with potentially defective Takata Corp. air bags, reports The Detroit News. Recalled cars include the 2003-08 Mazda 6, 2006-07 MazdaSpeed 6 and the ... Read More »

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Newsby AE eMagazineJune 9, 2015

Exclusive: Takata, U.S. Regulator Can’t Say How Many Cars May Have Faulty Air Bags

DETROIT – At least 400,000 of the 4 million replacement inflators for defective Takata air bags will need to be replaced again in U.S. vehicles, sources at the Japanese safety equipment maker and the U.S. safety watchdog told Reuters. Another 500,000 of those parts appear to be safe, according to U.S. safety regulators, leaving the ... Read More »

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Newsby AE eMagazineJune 9, 2015

Severe Delinquencies Fall to 10-Year Low, Equifax Reports

ATLANTA — According Equifax’s latest National Consumer Credit Trends Report, new auto loan originations have reached record highs, while severe delinquency rates fell to their lowest level in nearly a decade, reports F&I and Showroom. At the same time, auto leasing has surged as consumer demand for new vehicles remains strong. The severe delinquency rate ... Read More »

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Newsby AE eMagazineJune 9, 2015

Superior Integrated Solutions Now Largest Integrator for Dealertrack’s Opentrack

ISELIN, N.J. — Superior Integrated Solutions (SIS), an integration provider for auto dealerships, announced that it is the largest integrator for the Dealertrack Technologies Opentrack platform, with more than 1 million real-time transactions a day, reports F&I and Showroom. Opentrack allows dealers to choose from more than 100 best-in-class solution providers to help streamline operations, ... Read More »

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Newsby AE eMagazineJune 9, 2015

Auto/Mate’s DMS Integrates With Ristken’s Enterprise Solutions

ALBANY — Auto/Mate Dealership Systems announced that Ristken Software Services has integrated its core enterprise technology solutions for auto retailers with Auto/Mate’s dealership management system, reports F&I and Showroom. Ristken’s MenuPro and Pro Tracking platforms as well as its eBusiness Service Provider Access Network are now accessible for dealerships using Auto/Mate’s DMS. These applications and services ... Read More »

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Newsby AE eMagazineJune 9, 2015

VW Does Not Need Chairman Until New Structure in Place – Labour Chief

WOLFSBURG, Germany – Volkswagen needs to come up with a new structure before thinking about appointing a permanent chairman, the powerful labour chief at Europe’s biggest carmaker said in an interview, reported Reuters. For the first time in more than two decades, Volkswagen no longer has Ferdinand Piech at the helm, a corporate scion who controlled ... Read More »

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Newsby AE eMagazineJune 9, 2015

Lawyers Say Fiat Chrysler Misleading Public, NHTSA

Lawyers for the family of a 4-year-old killed in a gas tank fire in a Jeep accused Fiat Chrysler Automobiles NV of misleading the public and federal safety regulators, reports The Detroit News. Last month, Fiat Chrysler asked a Georgia judge for a new trial after a jury in April awarded $150 million to the ... Read More »

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