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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 »
Read More →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 »
Read More →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 »
Read More →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 »
Read More →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 »
Read More →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 »
Read More →General Motors is recalling 73,424 Chevrolet Cobalts for misrouted wiring that can prevent a driver’s side airbag from deploying during a crash, reports Automotive News. The recall covers 2010 Cobalts — 59,474 in the U.S. and 13,950 in Canada. Affected vehicles were built with improper side impact sensor wire routing in the driver’s side front ... Read More »
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