Slovak car makers will probably boost production 12 percent this year as foreign demand has revived, the Association of the Slovak Automotive Industry said. The Slovak units of Kia Motors Corp., PSA Peugeot Citroen and Volkswagen AG will assemble a record 630,000 vehicles this year, compared with 561,993 cars in 2010, the industry association said … Read More »

CHESTERFIELD – VisionMenu Inc. announced a partnership with Protective’s Asset Protection Division to offer product rating and enrollment Web services through VisionMenu. As a provider of menu software, custom reporting and desking tools, VisionMenu’s electronic integration with Protective will provide auto dealers with an enhanced online contract fulfillment process and a streamlined F&I buying experience … Read More »

FARMINGTON HILLS — With executives and employees on hand at the former Detroit-area home of Chrysler Financial, TD Auto Finance announced on June 10 that it’s open for business. The new company was formed after the April acquisition of Chrysler Financial by Toronto-based TD Bank Group, which added its existing auto loan business to the … Read More »

WASHINGTON — Major automakers said today they oppose a bill that would require nearly all vehicles to be capable of running on mostly biofuels by the 2017 model year. The letter came as the Senate beat back an effort to end tax subsidies for ethanol and to lift a tariff to keep out most Brazilian-made … Read More »

Saab Automobile owner Spyker Cars NV agreed to sell a 29.9 percent stake in the struggling Swedish carmaker to Zhejiang Youngman Lotus Automobile Co. for 136 million euros ($195 million), allowing the Chinese company to build Saabs in the world’s biggest vehicle market. Spyker shares jumped 27 percent, the most since Jan. 11, after the … Read More »

ORANGE COUNTY – After its initial printing in February 2011, Joe Verde’s newest sales book “Earn Over $100,000 Selling Cars – Every Year” is now on its second printing as salespeople in the automotive industry continue to rely on the book to improve their sales skills. Since its publication, Verde has made the book available … Read More »