It has been a year since Ally Financial announced the opening of its Performance Development Center, an interactive training center with a focus on dealership process and profitability, according to a company press release.
Paragon Car Finance has agreed to a deal with IT provider to use its DealTrak system to help dealers access their finance deals. The deal means existing users of Frontline’s DealTrak system will gain direct access to Paragon’s existing and future products and, in return, existing Paragon customers who don’t currently use the system will […]
The United Services Automobile Association, the financial services company serving members of the U.S. armed forces, released an update to it app Tuesday that allows customers to, among other things, refinance their auto loans from their mobile devices. Available for Androids, Windows phones, iPhones, and iPads, USAA’s new app will enable users to not only […]
Harley-Davidson has released details of its latest bike, an electric-powered vehicle called the LiveWire, in the company’s continued campaign for a younger audience. Speaking at the American Financial Services Association’s Credit Summit for Fixed Income Investors in May, Darrell Thomas, vice president and treasurer of Harley-Davidson Financial Services Inc., discussed the company’s efforts to appeal to an […]
Toyota Motor Sales Inc. and its captive Toyota Motor Credit Corp are working with a group of partners to help develop and put in place hydrogen refueling stations across California, a move intended to increase the appeal of the company’s new hydrogen fuel cell sedan. Hydrogen is a naturally occurring gas that can also be […]
Hyundai Motor Co. has begun U.S. leasing of its first fuel cell automobile in Southern California. The Tucson Fuel Cell, a small SUV, uses the same motor as a battery-powered car, has a 265-mile range, and emits only water vapor rather than greenhouse gasses. The car also boasts a fuel cell refill time of just […]
Tesla Motors, Inc. shares rose almost 9% last Monday, its best finish since April 3 and the highest percentage gain since late February, after reports that the electric car company may be teaming up with Nissan Motor Co.and BMW AG to work on electric vehicle technology. Although manufacturers have begun to embrace electric cars […]
Millennials, it seems, will continue to be the toughest sell in the auto industry, according a new study focusing on generational shopping habits released by Cars.com. Cars.com commissioned Placed, Inc. to research millennials’ priorities as they begin the car-buying process, and found that 65% of shoppers ages 18 to 34 use a smartphone to conduct […]