car dealers

FCA Gives Auto Lenders More Time to Manage Customer Complaints
FCA Gives Auto Lenders More Time to Manage Customer Complaints
November 13, 2024  |  Regulation

The U.K.’s financial watchdog is giving auto financing companies more time to deal with customer complaints. The Financial Conduct Authority (FCA) announced this decision Wednesday (Nov. 13) in the...

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Experian Launches Fraud Prevention Tool for Car Dealers
Experian Launches Fraud Prevention Tool for Car Dealers
January 31, 2024  |  Security & Fraud

Car buying is increasingly moving online, and scammers who target car buyers are following suit. With that in mind, Experian has debuted Fraud Protect, a tool to help auto...

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Auto Dealers See Consumers’ EV Enthusiasm Lose Its Spark
Auto Dealers See Consumers’ EV Enthusiasm Lose Its Spark
December 10, 2023  |  Retail

At auto dealerships around the country, electric cars have reportedly become a hard sell. Consumers are worried about the price, range and reliability of these vehicles,...

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Car Dealers See Inventory Levels Ramp Back Up
Car Dealers See Inventory Levels Ramp Back Up
May 21, 2023  |  Retail

The days of empty car dealer lots could be coming to an end. Easing supply chain constraints and steady production has increased vehicle availability, The...

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Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
May 12, 2023  |  Retail

The Bureau of Labor Statistics (BLS) published a little-noticed piece last month analyzing the part auto dealers’ markups played in new car price tag inflation during...

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Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
April 23, 2023  |  Economy

New government research shows that markups on new vehicles helped drive the inflation plaguing consumers. A recent study by the U.S. Bureau of Labor Statistics...

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Automakers Hike Discounts as Interest Rates Chase Buyers Away
Automakers Hike Discounts as Interest Rates Chase Buyers Away
April 02, 2023  |  Consumer Insights

Automakers are under increased pressure to discount their cars as higher borrowing costs make consumers nervous. As The Financial Times reported Sunday (April 2), data...

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Car Dealers Say High Prices Are Scaring Off Buyers
Car Dealers Say High Prices Are Scaring Off Buyers
February 05, 2023  |  Consumer Insights

A spike in the price of new cars has both buyers and auto dealers worried. As The Wall Street Journal (WSJ) reported Saturday (Feb. 4),...

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Vehicle Shippers See Value in Automated Payments as Industry Slows
Vehicle Shippers See Value in Automated Payments as Industry Slows
January 18, 2023  |  B2B Payments

Super Dispatch has added a payment feature to its car shipping platform. The new SuperPay feature allows automotive shippers to pay carriers, who will receive...

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