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April 26, 2012

F&I and New-Vehicle Profitability Drive Profit Gains for AutoNation

AutoNation Inc. reported increased profitability in each of its business sectors for the first quarter, with revenue up 10 percent and gross profit up 6 percent. F&I gross profit per vehicle sold was up 7.2 percent.

Tags: AutoNation, F&I products, F&I profit, New-Vehicle Sales

April 24, 2012

BMW Financial Rolls Out Lease Protection

BMW Financial Services has added another product to its list of F&I protection programs with the introduction of its BMW Lease Protection program.

Tags: BMW Financial Services, F&I products, Lease Protection

April 12, 2012

GSFSGroup Names New CFO

GSFSGroup tabs former Ally Financial director as the company’s new CFO. The new hire will develop new programs and back-end processes for the company’s dealer clients.

Tags: F&I products, GSFSGroup, service contracts

March 6, 2012

Safe-Guard Joins DealerTrack Aftermarket Network

Safe-Guard Products International LLC announced that it has joined the DealerTrack Aftermarket Network.

Tags: aftermarket products, DEALERTRACK, F&I products, Safe-Guard

February 14, 2012

Paint Protection Ranks No. 1 in Dealer Profits, Study Finds

Izmocars’ annual AOA Auto Accessories Trend Report revealed that dealerships continued to generate solid profits from accessory sales in 2011.

Tags: accessories department, accessories selling, Accessory Market, F&I products, izmocars

February 7, 2012

Reynolds Upgrades docuPAD

Reynolds and Reynolds Co. announced a number of enhancements to docuPAD, the company’s interactive F&I selling tool and document processing system.

Tags: business tools, F&I products, Reynolds & Reynolds

January 24, 2012

Pa. Bill Striking F&I Markup Cap Awaits Gov.’s Signature

Legislation aimed at eliminating a 10-year-old cap on markups of certain F&I products was sent to Gov. Tom Corbett’s office yesterday after passing the Pennsylvania General Assembly. He is expected to sign the legislation into law in 10 days.

Tags: F&I products, legislation, Pennsylvania

January 5, 2012

TFS to Launch Lease Wear-and-Tear Product

A Toyota Financial Services (TFS) official confirmed that the captive finance company expects to release a wear-and-tear lease product for its dealers within the next month or so.

Tags: F&I product, F&I products, leasing, vehicle leasing

November 17, 2011

New F&Idol Videos Available Now

The magazine has posted new video footage of the five F&Idol category winners running through their product pitches.

Tags: F&I products, GAP, key replacement, service contracts, tire and wheel, training, vehicle theft

November 15, 2011

Nissan Announces 20th Anniversary Package for 2012 Altima

The 20th Anniversary Package for the 2012 Nissan Altima includes 16-inch aluminum-alloy wheels, fog lights, rear spoiler, automatic auto on/off headlights and more.

Tags: F&I products, Nissan

November 15, 2011

American Guardian Launches New Funding Program

American Guardian Warranty Services Inc. has launched a new program that will pay dealers upfront when they sell one of the company's F&I products.

Tags: advanced commissions, American Guardian Warranty Services, F&I products

November 8, 2011

AdVantageTec, California Coastal Commission to Raise Funds for Coastal Conservation

AdVantageTec announced it has partnered with the California Coastal Commission to promote the Whale Tail Ecoplate, a specialty license plate created to raise funds for coastal conservation and environmental efforts.

Tags: AdVantageTec, F&I products

November 8, 2011

Ford Credit Launches Lincoln-Branded Captive

Ford Motor Credit Company announced the launch of Lincoln Automotive Financial Services (LAFS), a new captive established to serve Lincoln customers.

Tags: captive finance, F&I products, Ford, Ford Credit, Lincoln, Lincoln Automotive Financial Services

November 1, 2011

New Service Levels Playing Field for Single-Point Dealers

Dealers United introduced a new service in which it will act as the conduit for single-point dealerships to negotiate better terms and prices with vendors, and bring costs down through volume purchasing.

Tags: Dealers United, F&I product provider, F&I products, franchised dealerships, independent dealerships

September 22, 2011

PEN Adds NAE to e-Contracting Platform

The Provider Exchange Network has added National Automotive Experts to its platform, which will allow NAE dealers to e-contract the F&I product provider’s vehicle service contracts and other offerings.

Tags: E-CONTRACTING, F&I products, Open Dealer Exchange, Provider Exchange Network, vehicle service products

September 20, 2011

Ziebart Founder Dies at 91

Ziebart International Corp. announced that Kurt Rudi Ziebart, founder of the Ziebart brand and Ziebart Rustproofing, passed away on Sept. 12, 2011, in Williamsburg, Mich.

Tags: F&I products, obituary

September 20, 2011

F&I Admin Releases Dealer Portal for SCS Auto

F&I Administration Solutions LLC unveils a new platform that will connect F&I product providers to their dealers.

Tags: dealer, F&I Administration, F&I products

September 15, 2011

RoadVantage Selects F&I Administration to Automate Product Administration

RoadVantage taps F&I Administration Solutions LLC to streamline its F&I product administration.

Tags: F&I Administration, F&I products, RoadVantage, vehicle service products

August 23, 2011

F&I Administration Adds Auto Knight Motor Club to E-Contracting Platform

F&I Administration Solution has added Auto Knight Motor Club to its SCS Auto platform, which provides F&I product providers with e-contracting, e-rating and e-remittance capabilities.

Tags: Auto Knight Motor Club, E-CONTRACTING, F&I Administration, F&I products

August 18, 2011

Charter Warranty Adds Product Funding Option

Vehicle service contract provider Charter Warranty has announced the launch of “Save-A-Deal,” a new program designed to offer dealers a new option for financing F&I products.

Tags: Charter Warranty, F&I products, service contracts

August 15, 2011

MediaTrac Introduces New ‘BeBack’ Program

MediaTrac announced the launch of the BeBack Program, a vehicle sales inducement program designed to help drive lost sales opportunities back into auto dealerships.

Tags: dealer loyalty, F&I products, MediaTrac, sales tactics, Vehicle Sales

August 8, 2011

The Warranty Group, Lithia Motors Extend Service Contract Deal

The Warranty Group Inc. announced that Lithia Motors has extended its agreement with the F&I product provider and will continue offering The Warranty Group’s service contract offerings.

Tags: F&I products, Lithia Motors, service contracts, The Warranty Group

July 26, 2011

F&Idol Contest: Deadline Approaching

F&I managers interested in participating in F&I and Showroom magazine's new F&Idol contest have 10 days to submit their entries. Entries can be recorded using an iPhone, Android phone, Flip video camera, iPad, Webcam or any other video recording device.

Tags: F&I presentation, F&I products, objection handling

July 12, 2011

Video: F&I's Tip of the Week

Gerry Gould, direct of training for United Development Systems, offers advice on what products can be married together and provides a few tips on how to introduce the concept to customers.

Tags: F&I products, tips for success, training

July 4, 2011

Mazda Launches Prepaid Maintenance Program

Mazda Total Advantage is the company’s first prepaid scheduled maintenance program, which is available for 2007 and newer model years.

Tags: F&I products, Mazda, vehicle maintenance, vehicle service products

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