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The new extended ‘bumper-to-bumper’ warranty isn’t designed to act like a dealer-offered service contract. Repairs can be completed without filing a claim...
https://www.fi-magazine.com/350960/gm-rolls-out-optional-extended-warrantyChevrolet-Buick-GMC and Cadillac Protection is now onboarding and training GM’s U.S. dealers on MaximTrak’s Digital F&I Retailing Suite, which consists of...
https://www.fi-magazine.com/323353/gms-protection-coverage-group-selects-maximtraks-digital-fi-solutionsIn a verdict that took less than an hour to decide, a Houston Jury found that a General Motors ignition switch in a 2007 Saturn Sky did not cause a 2011...
https://www.fi-magazine.com/322577/jury-clears-gm-in-texas-ignition-switch-trialFueled by domestic brands and the sale of trucks and SUVs, the average price for a new vehicle in June increased 2% from a year to $33,652, according to...
https://www.fi-magazine.com/322457/kbb-average-transaction-price-rises-in-juneKia ended the 27-year reign of premium brands by ranking highest among all nameplates in J.D. Power’s annual study. Overall, new-vehicle quality improved...
https://www.fi-magazine.com/322438/j-d-power-initial-quality-shows-largest-improvement-in-seven-yearsGeneral Motors Co. has named Tony Francavilla as vice president of global quality, according to a company announcement. In this role, he will be responsible...
https://www.fi-magazine.com/322411/general-motors-names-new-vice-president-of-global-qualityGeneral Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on...
https://www.fi-magazine.com/322343/gm-replacing-88-of-lineup-by-2020General Motors responded on Friday to legal concerns raised in a Feb. 8 letter from the California New Car Dealers Association. The automaker said it is not...
https://www.fi-magazine.com/322184/california-dealers-question-legality-of-gms-online-sales-portalThe automaker Factory Pre-Owned Collection portal is now live. The site, which will open up the automaker's remarketing channel to consumers, contains more...
https://www.fi-magazine.com/322156/gms-online-used-car-purchasing-site-goes-liveThe regulator said the three companies agreed to settle its charges that they failed to disclose that some certified pre-owned vehicles were subject to open...
https://www.fi-magazine.com/322134/gm-jim-koons-and-lithia-settle-ftcs-complaints-regarding-cpo-claimsNew-vehicle sales for 2015 totaled 17.5 million units, with the industry closing out the year with December sales of 1.6 million units, according to...
https://www.fi-magazine.com/322097/2015-new-vehicle-sales-reaches-17-5-million-unitsThe General Motors Board of Directors has unanimously elected Mary Barra as its next chairman, effective immediately. She succeeds Theodore Solso, who will...
https://www.fi-magazine.com/322086/mary-barra-named-new-chairman-of-gmGM Financial's transformation from subprime finance source to GM's captive finance company continued in the second quarter, with GM new-vehicle loans and...
https://www.fi-magazine.com/321811/gm-financials-penetration-of-gm-retail-sales-grows-globally-in-q2General Motors told its dealers on Wednesday that it is cutting service visits on its free maintenance program and is rolling back coverage terms on its...
https://www.fi-magazine.com/321534/gm-announces-modifications-to-powertrain-warranty-maintenance-programNovember total light vehicle sales increased 4.6% from a year ago to more than 1.3 million units. The industry SAAR was also up significantly from a year...
https://www.fi-magazine.com/321334/november-sales-pace-at-17-20-million-unit-annual-rateGeneral Motors has announced a strategic realignment that will establish Cadillac as a separate business unit. In addition, the new Cadillac organization...
https://www.fi-magazine.com/321189/cadillac-becomes-separate-business-unitIn August, the estimated average transaction price for light vehicles in the United States was $32,495, according to the vehicle valuation source. New-car...
https://www.fi-magazine.com/321155/new-car-transaction-prices-jump-3-in-august-kbb-reportsJuly sales totaled 1.435 million units, according to the firm. It put the July SAAR at 16.48 million units, up from 15.76 million in July 2013 but down from...
https://www.fi-magazine.com/321105/july-new-vehicle-sales-increase-5-in-july-autodata-reportsFifty percent of new-car shoppers think GM is a different company today compared to five years ago, while only 24% of new-car shoppers believe the ‘old’ GM...
https://www.fi-magazine.com/321087/kbb-car-shoppers-confident-in-new-gmGeneral Motors is bringing back closed sales to Manheim Arena Illinois and Manheim Pennsylvania. These sales are designed to help GM dealerships build their...
https://www.fi-magazine.com/321062/gm-brings-closed-sales-back-to-two-manheim-facilitiesTotal light vehicle sales in June rose 1.2% from a year ago to 1.42 million units, even with two fewer selling days on the calendar. The month’s 16.98...
https://www.fi-magazine.com/321039/june-sales-top-a-year-ago-despite-fewer-selling-daysConcerns over GM and other recalled vehicles drove shoppers to Asian and European models in June, according to data from CNW Research.
https://www.fi-magazine.com/321027/cnw-recalls-impact-used-car-sales-in-juneThe industry SAAR jumped to 16.77 million units, up from last May’s 15.48 million-unit rate and last month’s 16.04 million-unit SAAR.
https://www.fi-magazine.com/320976/total-light-vehicle-sales-increase-11-4-in-may-autodata-reportsThe weather cleared in time to drive up April sales by 4.1% from a year ago. April’s SAAR was 16.04 million, up from March’s SAAR but down from a year ago.
https://www.fi-magazine.com/320923/april-sales-up-4-1-autodata-reportsThe spring thaw helped new-vehicle sales rebound in March, with the seasonally adjusted annual rate rising from last March’s 15.3 million rate to 16.4 million.
https://www.fi-magazine.com/320854/industry-records-1-4-sales-increase-in-marchVehicle OEMs are hopeful for a sales rebound after winter storms pushed down sales in late January. According to Autodata, both the industry SAAR and total...
https://www.fi-magazine.com/320741/carmakers-blame-sales-declines-on-bad-weatherThe Women’s Automotive Association International has named Maureen LaFontaine, Christina Schrank, Alison Spitzer and Liz Wetzel as recipients of the 2014...
https://www.fi-magazine.com/320682/nacs-schrank-among-2014-spirit-of-leadership-honoreesDecember sales were in line with last year’s total, while annual sales increased nearly 8% to 15.6 million units.
https://www.fi-magazine.com/320655/automakers-post-big-gains-in-2013-salesThis year’s conference will feature Patrice Ficklin, assistant director of the CFPB’s Office of Fair Lending, as well as a candid discussion between...
https://www.fi-magazine.com/320639/compliance-technology-to-headline-vehicle-finance-conferenceMary Barra was elected as GM’s new CEO by the company’s board of directors. She will replace Dan Akerson, who will retire on Jan. 15, 2014.
https://www.fi-magazine.com/320589/mary-barra-to-replace-retiring-akerson-as-gm-ceoGeneral Motors is said to be set to sell its stake in Ally Financial, which is majority owned by U.S. taxpayers, Bloomberg reports.
https://www.fi-magazine.com/320582/bloomberg-gm-to-sell-ally-financial-stakeNot only is the number of vehicles on the road today at its highest level since 2008, the average age of the current fleet increased a full year from four...
https://www.fi-magazine.com/320528/experian-number-of-vehicles-on-the-road-at-highest-level-since-2008GM Financial reported this week a decrease of about $200 million in North American consumer loan originations for the quarter. But there’s a reason for...
https://www.fi-magazine.com/320516/gm-financial-resists-market-share-raceAccording to the latest monthly report from the Government Accountability Office, General Motors might not have regained its competitiveness in the market...
https://www.fi-magazine.com/320522/gao-gm-continues-to-face-challenges-with-competitivenessToyota’s captive finance arm has been able to draw a wider range of customers through no-interest loans and low-cost leases, thanks to its automaker’s...
https://www.fi-magazine.com/320510/tfs-gives-toyota-leg-up-on-gm-fordCapital One, Mastercard and General Motors are extending their relationship with the launch of the new GM Card, which offers rewards consumers can use...
https://www.fi-magazine.com/320493/gm-capital-one-extend-partnership-launch-rewards-cardGeneral Motors plans to roll out its Shop-Click-Drive program to all of its dealers by the end of the year. The voluntary program allows dealership...
https://www.fi-magazine.com/320478/gm-to-allow-consumers-to-buy-cars-onlineManufacturers attribute the drop in the SAAR to fewer selling days in September and Labor Day sales being included in August sales totals. One manufacturer...
https://www.fi-magazine.com/320465/septembers-saar-second-lowest-of-2013Heavy farm equipment manufacturers won temporary exemption from New Hampshire’s newly amended Dealer Bill of Rights, days before it was to take effect on...
https://www.fi-magazine.com/320450/judge-partially-blocks-n-h-dealer-protection-bill-gm-drops-state-dealer-incentivIn response to an invitation from General Motors Co., the trade organization discussed several pressing industry and dealer issues with the automaker’s...
https://www.fi-magazine.com/320396/nada-meets-with-gm-board-of-directorsYear-to-date sales in May were up 7.3 percent, according to AutoData Corp., while the SAAR was up 1.36 million units from a year ago. Several manufacturers...
https://www.fi-magazine.com/320286/may-sales-up-8-2-percent-saar-at-15-31-million-unitsGeneral Motors, Mercedes-Benz and Volkswagen have committed millions of dollars to showroom makeovers and facility updates to capture market share on both...
https://www.fi-magazine.com/320278/gm-vw-others-bet-on-facility-upgrades-to-attract-customersAlly Financial, the National Automobile Dealers Charitable Foundation, the General Motors Foundation and Chevrolet are among those pledging support for...
https://www.fi-magazine.com/320272/auto-industry-steps-up-to-help-tornado-victimsGM Financial officials discuss the company’s recent acquisitions of Ally Financial’s European and Latin American business entities, as well as its entry...
https://www.fi-magazine.com/320246/gm-financial-discusses-acquisitions-new-prime-finance-productThe SAAR is up slightly vs. April of last year, and most manufacturers experienced an increase in sales during the month.
https://www.fi-magazine.com/320247/april-saar-at-14-92-million-unitsThe majority of manufacturers reported an increase in sales over last March, with the exception of Mazda and Hyundai. March’s SAAR stood at 15.27 million...
https://www.fi-magazine.com/320217/march-sales-pace-at-15-27-million-unit-annual-rateThe South Carolina-based auto auction was named Auction of the Year by GM Financial for the fourth time.
https://www.fi-magazine.com/353178/gm-financial-names-rawls-auto-auction-2012-auction-of-the-yearJust barely the majority of manufacturers saw an increase in sales in February over last year, with Mercedes-Benz and Hyundai breaking sales records for the...
https://www.fi-magazine.com/353184/february-sets-up-15-38-million-unit-saarJanuary's SAAR came in at 15.29 million units, Autodata reported this week. That’s up from last January’s SAAR of 13.98 million.
https://www.fi-magazine.com/353129/january-sales-pace-at-15-29-million-annual-rateGeneral Motors sues Iowa dealer for damages and injunctive relief for falsely reporting sales and allegedly transferring vehicles that resulted in GM...
https://www.fi-magazine.com/353113/gm-sues-iowa-dealer-for-false-reporting