The big two German automakers, Volkswagen AG and BMW AG, rode the rising worldwide demand for luxury brands to post record-setting sale numbers in the first quarter of 2012. Hunger for their vehicles in China and the U.S. was so strong that it more than made up for weakening sales throughout most of Europe. The [...]

Technology just keeps chugging along whether one is on the train or not. That which was cutting edge just yesterday runs the risk of becoming dodgy and out of date tomorrow. And, with the Internet this axiom has never been more apt. One prime example of this evolution at work is the fact that car [...]

There is great news in the consumer credit world; it has nearly made it all the way back to pre-recession levels. Driven by increasing vehicle sales and school tuitions, consumer credit rose by $17.8 billion in the first month of this year to reach $2.5 trillion. Jumping by $20.7 billion, the student and auto loan [...]

The MyStar Personal Assistant is giving auto dealerships the power to strengthen their finance and insurance departments’ ability to generate income. This is an especially welcoming turn since F&I units are often the top value creators for dealerships. Car buyers who sign up for MyStar are given 24/7 live phone access to top-rate personal assistance [...]

No, the economy has not yet exactly recovered. No, we are not yet all fully employed, nor are we all living in right-side-up homes. However, yes, this is the year that, according to Forbes, we need to buy new cars.  In fact, 2012 promises to be such a strong year when it comes to new-vehicle [...]

The auto financing sector seems to be the only financial sector that is showing signs of health. Earlier this week, S&P Indices and Experian both reported that default rates were increasing again in all areas, except auto financing. Ford Motor Company has emerged from the financial downturn of the last few years. It has seen [...]