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Tag: auto dealers
Rising sales driving auto dealers' recovery in Washoe
2013-06-23 15:29:00| Auto Dealers - Topix.net
Car buyers are back, and auto dealers are seeing it in sales that are soaring -- in some cases, by double digits -- across Northern Nevada.
Tags: auto
sales
driving
recovery
Auto Dealers Face Puzzling Issues under CFPB Rulings
2013-06-22 20:05:42| AutomotiveDigest.com - Automotive Industry News
Editorial Comment: The CFPBs attempt to offer fair auto lending to consumers has become a bump in the road to both sides of the issue, as some of the articles presented here do indicate: As recently as last week, members of Congress sent a letter to the Consumer Financial Protection Bureau (CFPB) indicating that their rulings could hurt consumers more than protect them, calling he auto lending ruling "unrealistic." Auto lending reforms sought by the Consumer Financial Protection Bureau could hurt consumers, congressional Republicans warned today. In a letter sent to the bureau, Rep. Spencer Bachus of Alabama and 34 other U.S. House Republicans said that paying dealerships a flat fee for every auto loan rather than a cut of the interest rate -- which the bureau says is needed to curb bias -- would raise borrowing costs or shut poorer buyers out of the new-car market. "The controls strike us as onerous and unrealistic," the letter said, "and restricting consumer choice is highly problematic." Opinions arise on both sides of the issues arising from guidelines and rulings put forth by the Consumer Financial Protection Bureau, and it promises to get uglier before any resolutions arise from the dust. [Read more]The Article Auto Dealers Face Puzzling Issues under CFPB Rulings appeared first on Automotive Digest.
Tags: auto
issues
face
dealers
Tesla and Auto Dealers Go Head-to-Head
2013-06-19 09:00:40| AutomotiveDigest.com - Automotive Industry News
Tesla Motors is allowing local auto dealers to show, but not sell, their cars which is bucking up against dealers and franchise laws in some states. Get the details on the power struggle in battleground states. [More]The Article Tesla and Auto Dealers Go Head-to-Head appeared first on Automotive Digest.
Tags: auto
dealers
tesla
auto dealers
Auto Dealers Aim to Ground Tesla's Direct Sales Pitch
2013-06-18 23:53:19| Auto Dealers - Topix.net
The state of North Carolina may pass a law banning sales of Tesla cars in favor of protecting the business of car dealership franchises, forcing Tesla consumers like Artis Beatty to act quickly with their purchases.
Tags: auto
sales
direct
ground
Auto dealers continue growth after coralling more sales in 2012
2013-06-18 12:34:27| Auto Dealers - Topix.net
Talk during the recession about the auto industry's demise has vanished at dealerships in the north country, where sales began an uphill climb in 2012 and have gotten even stronger during the first half of 2013.
Tags: auto
sales
continue
growth
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