New vehicles sales are projected to fall just below 17 million in 2018. Edmunds projected 16.8 million. Cox came in slightly lower at 16.7 million in New vehicle sales. Due to new tax plan, households are expected to have more take home pay which may equate to more trucks, luxury vehicles & SUVs. Hybrid &…
Continue ReadingCFPB Changes & New NCLC Report
What do the new CFPB regulation changes mean & what how will the NCLC report come into play? A report from the National Consumer Law Center revealed inconsistent and discriminatory price markups on F&I products over a span of six years in all 50 states and the District of Columbia. The data set included information on…
Continue ReadingAutomotive Industry Fights to Keep NAFTA
President Donald Trump has threatened to withdraw from the trade deal with U.S., Canada and Mexico, which is heavily utilized by automakers who have production and supply chains spread across the three countries. The proposed rules were viewed as untenable for automakers, as well as Mexico and Canada. Those in the auto industry who would like…
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