Set to launch in the middle of the month, this new $ 200 Lego set blends nostalgia for the 1984 film with play features from the new Ghostbusters: Afterlife movie, due in mid-2021. Polish up your “Who you gonna call?” lines as you put together the latest version of the …
Read More »Ford Credit offers relief to customers in path of hurricanes, fires
Ford Credit is offering payment relief to customers impacted by wildfires in Oregon as well as those recovering after Hurricane Sally, the lender said Tuesday. Qualified customers may delay one or two monthly payments, resuming their regular payment schedules when their situations improve. Alongside other leading lenders, Ford Credit extended …
Read More »Compliance offers dealerships best shield against regulatory scrutiny
The Federal Trade Commission’s settlement with Bronx Honda this year marks the first time the regulator has brought an unlawful discrimination claim against a car retailer. Compliance experts believe it could be a gateway to increased enforcement actions against dealerships by the FTC. Dealerships should work particularly hard in this …
Read More »The 2020 Audi A1 40 TFSI Offers a Premium Experience in a Small Package
When we first drove the tiny Audi S1 almost six years ago, we called it the ultimate subcompact. Last year, we were unhappy to learn that the company decided not to develop a direct replacement. To make an S1 feasible, Audi would have needed its sister brands’ cooperation, and Volkswagen …
Read More »Relief fund offers aid for F&I managers impacted by COVID-19
Finance-and-insurance professionals facing hardship during COVID-19 closures may be eligible for relief through a fundraising initiative heralded by 20 of the nation’s top F&I product companies. Founded by National Auto Care CEO Tony Wanderon and NAE/NWAN CEO Kelly Price, the F&I Providers Relief Fund for F&I Managers has raised $ …
Read More »Mazda’s lending captive debuts with special offers
LOS ANGELES — Mazda launched its new captive financing arm Wednesday, Mazda Financial Services, and immediately rolled out payment deferrals for consumers and dealers struggling with the sales downturn. The captive is a partnership with Toyota Motor Credit Corp., one of the biggest auto financiers in the U.S. Mazda expects …
Read More »Every Automaker That Offers Incentives, Loan Support in Pandemic
Automakers are offering new incentives and support for current borrowers and lessees during the ongoing COVID-19 pandemic. For current owners, rescheduling payments is an option on a case-by-case basis. With these offers in hand, now might be a good time to buy a new car. As this year’s automotive sales …
Read More »GM Financial offers dealers floorplan payment relief
DETROIT — GM Financial is giving dealers a break on some floorplan payments to help mitigate the effect of the novel coronavirus on their businesses. General Motors’ captive is temporarily waiving curtailments, which is the principal a dealer owes to pay down floorplan inventory that sits on the lot longer …
Read More »Toyota offers help for customers affected by Tennessee tornadoes
The captive finance arms of Toyota and Lexus will offer payment relief to customers affected by this week’s tornadoes in Tennessee. Toyota Financial Services and Lexus Financial Services customers will be eligible for extensions and lease deferred payments and redirected billed statements as well as other options, Toyota Financial said …
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