Posted on January 30, 2012
California regulators established new rules on Friday that require dramatic cuts in emissions from most cars and trucks by 2025. The new “advanced clean cars” regulations, adopted in a unanimous vote by the state Air Resources Board, requires cars and light trucks sold in 2025 to emit 75 percent fewer smog-forming pollutants and reduce carbon … Read More »
Tags: auto-emissions, emission rules, emissions, legislation
Posted in Auto Industry News
Posted on January 30, 2012
SOUTHFIELD – Open Dealer Exchange, LLC, announced a partnership for integration with VW Credit, Inc., the captive finance company which provides financial products and services specifically to Volkswagen and Audi dealers and their customers throughout the U.S. The partnership includes processing credit application and contract data within the dealer management system (DMS) as part of … Read More »
Tags: dealer management system, dealer service providers, DMS, Open Dealer Exchange, VW Credit
Posted in P&A News
Posted on January 30, 2012
SCOTTSDALE – CNA National Warranty Corporation is celebrating 30 years in business. Known in the automobile dealer industry as a provider of vehicle service contracts, CNA National was established as Western National Warranty Corporation in January 1982 as a family-owned business operated by Paul and Judy Askos. “Every day we feel entrusted to continue the … Read More »
Tags: anniversaries, CNA National Warranty Corporation, Joe Becker
Posted in P&A News
Posted on January 30, 2012
ATLANTA – Basketball legend Julius Erving, “Dr. J,” will be signing autographs and will also be available for pictures and a meet and greet in booth 330 during the 2012 NADA Convention & Expo at the Las Vegas Convention Center. Meet this innovator and ambassador of basketball at Safe-Guard Products’ booth 2-3:30 p.m. Feb. 4 … Read More »
Tags: Julius Erving, Safe-Guard Products International
Posted in Auto Industry News
Posted on January 28, 2012
Ford Motor Co. posted record fourth-quarter profit on a one-time tax allowance, but economic troubles in Europe, growing pains in Asia and heightened competition at home signaled greater turbulence this year. The heady profit gains of 2011 now are colliding with Europe’s debt crisis and heavy investments in Asia that generated losses in the two … Read More »
Tags: Ford Motor Co., Ford sales, forecasts profits, quarterly profits
Posted in Auto Industry News
Posted on January 27, 2012
Ford Motor Co. reported $20.2 billion in net income for 2011 Friday — its best year since 1998 and second-best year ever – as its results were boosted by a one-time accounting gain. This is Ford’s third consecutive annual profit, after losing more than $30 billion between 2005 and 2008. But the company’s fourth quarter … Read More »
Tags: Ford Motor Co., forecasts, quarterly profits
Posted in Auto Industry News