Howdy Honda offering holiday savings with Happy Honda Days Sales Event

Limited time event is going on now at Austin, TX Honda dealership AUSTIN, Texas — With the holidays right around the corner, last-minute shoppers everywhere are searching for the best deals. At Howdy Honda, the deals are easy to see as the Happ
Dec 19, 2012

Deloitte Consumer Spending Index Retreats

NEW YORK — After nearly a year of steady gains, the Deloitte Consumer Spending Index (Index) fell in November due to a slowdown in the rise of new home prices and an accelerating decline in real wages.  The Index tracks consumer cash flow as
Dec 18, 2012

Buyers, Tis’ the Season to Splurge

As the year comes to a close, 2012’s buy/sell activity surprised me. I had expected a large number of dealerships to trade hands this year, particularly given the aging demographic of the dealer community and the rise in blue sky values. Instead, f
Dec 18, 2012

Manheim Holds 4th Annual Independent Auction Summit During National Remarketing Conference

Top Manheim Leaders Meet with 30 Independent Auctions to Discuss Evolving Industry Trends  ATLANTA – To further strengthen strategic relationships through two-way dialogue, Manheim met with 30 independent partners during the 2012 National Remark
Dec 18, 2012

Automotive Lift Institute (ALI) Launches Online Database of Lift Inspector Testing Locations

Cortland, NY – Participants in the Automotive Lift Institute’s (ALI) new Lift Inspector Certification Program now have an easy tool to use to find local testing sites where they can take their Pre-Course and Course examinations. ALI has partnered
Dec 17, 2012

Toyota Comments on Trunk Release Issue

Consumer Reports brought to our attention an issue on the Internal Trunk Release Lever (handle).  The handle can be used to open the trunk from the inside.  During our investigation, it was discovered that the lever can break if it is not pulled i
Dec 17, 2012

Mercedes-Benz Issues Recall Over Fuel Filter

Mercedes-Benz is recalling certain model year 2011-2012 S400, S550, S550 4Matic, S63 AMG, C300, C300 4Matic, E350, GLK350, GLK350 4Matic, CL550 4Matic, and CL63 AMG vehicles manufactured from April 18, 2011, through July 12, 2011, the National Highwa
Dec 17, 2012

Lessons for Auto Dealers from Consumer Financial Protection Bureau and Department of Justice Recent Enforcement Activity

The new Consumer Financial Protection Bureau (CFPB) came out swinging this past summer with three punitive consent decree enforcement actions against credit card companies. In doing so, the CFPB gave both an indication of how it will enforce consumer
Dec 14, 2012

Consumer Financial Protection Bureau proposes allowing companies to run trial disclosure programs

Bureau Reaffirms Commitment to Improved Consumer Disclosures through its Project Catalyst Initiative WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced its proposed policy to allow companies to test new consumer disclosure
Dec 14, 2012