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Incentive spending by automakers averaged an estimated $3,116 per vehicle in June, up 8.6 percent from a year ago, but down 0.9 percent from May 2016.
TrueCar Inc. projects total new vehicle sales, including fleet deliveries, will reach 1,556,844 units in June, up 5.4 percent from a year ago.
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Nissan North America Inc. is recalling 28,182 model year 2014-2016 Infiniti Q50 vehicles manufactured Dec. 26, 2012, to December 11, 2015, and Infiniti Q50 Hybrid vehicles manufactured December 10, 2012, to December 17, 2015. The Direct Adaptive Steering system may experience an error at vehicle start up altering the vehicle's steering responsiveness and turning radius.
If the vehicle does not steer as the driver anticipates, there is an increased risk of a crash.
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DealerSocket’s FEX DMS has added to independent dealers’ payment processing options by fully integrating with ProPay’s LenderPay platform, a leading credit processing platform for complete, end-to-end payment solutions that are simple, secure and affordable.
The automated solution features dealership bank settlement reconciliation all within DealerSocket, embedded within a platform that is compliant with Payment Card Industry Data Security Standards (PCI DSS). A one-click enrollment process means dealers can immediately start taking payments through ProPay.