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Reconditioning Gets Undeserved Bad Rap Commented on: 1 week ago (February 17, 2015)

RE: “How would the average service-absorption percentage look if dealers stopped penciling gross profit from the vehicle departments to the fixed-ops departments via retail recon and other...

Vehicle Leasing Could Set Record This Year Commented on: 2 weeks ago (February 13, 2015)

RE: "Leasing peaked in 1999 with 3.7 million deliveries. Then it crashed, hitting a low point of 1.1 million units in 2009. That occurred after General Motors and Chrysler virtually ditched their...

Longer-Living Vehicles Support Longer Loans Commented on: 3 weeks ago (February 10, 2015)

Longer loans requires ever larger rebates to overcome the negative equity in the long term finance deal. This results in negative equity buyers being steered to vehicles they can buy, based on...

Vehicle-Financing Industry Gears Up to Fight Regulator Commented on: 5 weeks ago (January 24, 2015)

Credit Bureaus ARE regulated by the CFPB, AND other regulators. If you have a beef with a credit bureau, register your complaint on the CFPB website.

Further, Interest rates are NOT "set"...

Labor, Fuel Prices Threaten to Derail North American Auto Industry in 2015 Commented on: 6 weeks ago (January 18, 2015)

If the UAW is serious about getting rid of the 2 tier system, it needs to come from its senior members. Parity with the transplants needs to be maintained. Period.

A large percentage of...

Auto Dealers, CFPB May Go to Mat This Year Commented on: 6 weeks ago (January 17, 2015)

Great article Steve!

According to my niece, a PhD candidate in statistics, the problem begins with the mortgage where borrowers "self describe" on their race. That self description is...

Technology Would Give Car Shoppers Partial Access to Dealer-Only Auctions Commented on: 6 weeks ago (January 17, 2015)

Actually, this makes no sense at all. Imagine the chaos. Who needs it.

Where’s the Eco in EcoBoost? Commented on: 7 weeks ago (January 7, 2015)

I have never been able to get posted EPA fuel economy from any of the turbo vehicles I've owned. But then I didn't drive them carefully enough to keep the turbos dormant. It seems Ford developed...

Advocate of 1-Price Dealerships States His Case Commented on: 8 weeks ago (January 6, 2015)

We live in an era of margin compression and turning down gross profit by not asking for it is the answer?

RE: "In essence, the position is adversarial. And adversarial relationships drive...

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