Archive | Auto Industry News

Senate Committee Narrowly Confirms Trump’s Pick to Head BCFP

WASHINGTON, D.C. — Kathy Kraninger, current associate director for general government at the Office of Management and Budget (OMB), was approved by the U.S. Senate Committee on Banking, Housing on Urban Affairs to lead the Bureau of Consumer Financial Protection (BCFP) by a narrow 13-12 vote. Thursday’s vote sends President Donald Trump’s pick to head … Read More »

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Manheim Adds Dealer Lane Alerts

ATLANTA — Manheim now offers Lane Alerts, a new feature designed to allow buyers to receive a text message in advance of a vehicle they’re interested in coming up for sale. In the six months since Lane Alerts launched, over 33,000 vehicles have sold to a client who set up a Lane Alert and received … Read More »

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EEOC Files Sex Bias Suit Against Ferman’s Tampa Harley-Davidson

TAMPA, Fla. — The U.S. Equal Employment Opportunity Commission (EEOC) is suing Ferman Automotive Group and Cigar City Motors, which operates Tampa Harley-Davidson and other car and motorcycle dealerships there, for discriminating against a female employee. In its lawsuit filed on Monday in the U.S. District Court for the Middle District of Florida, Tampa Division, … Read More »

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Demand for Pickups and Small Cars Fuel Weekly Values

LAWRENCEVILLE, Ga. — Strong demand for pickups and small cars fueled another week of low depreciation in the wholesale market, according to Black Book’s Aug. 20 Market Insights report. Overall car segment values decreased by 0.11% last week. In comparison, values had decreased at a rate of 0.2% per week during the previous four weeks. … Read More »

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NAE/NWAN Listed Among 99 Best Workplaces

CLEVELAND — National Automotive Experts has been recognized by ERC as one of Northeast Ohio’s 99 best places to work, the company announced. This is the second year in a row that NAE/NWAN has received the NorthCoast 99 award. The award focuses on policies and practices related to the attraction and retention of top performers, … Read More »

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StoneEagle to Power TFS iBook Dealer Portal

DALLAS — StoneEagle announced that Toyota Financial Services will use StoneEagle’s SEcureAdmin enterprise administration system to power the iBook erating dealer portal for its North American dealers. The SEcureAdmin platform features a “powerful” rules engine which simplifies the complexity of business logic and criteria to quickly display the complete suite of rates for Toyota Financial … Read More »

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