The Industry's Leading Source For F&I, Sales And Technology

F&I Products

226  -  250  of  958

December 7, 2016 - Industry News

Nelson Chai Named President, CEO of The Warranty Group

Chai previously served as president of CIT Group Inc. He replaces Thomas W. Warsop III, who has served as The Warranty Group's president and CEO since August 2012.

December 7, 2016 - Industry News

Channel Stuffing, Incentives Responsible for Slip in Manheim Index

Wholesale used vehicle prices on a mix-, mileage-, and seasonally adjusted basis declined 1% in November, according to Manheim’s Used Vehicle Value Index report. Due to this decline, the Manheim Used Vehicle Value Index fell 0.3% from a year ago to 124.7.

Tags: Manheim, Used Vehicle Value Index, used vehicles, Wholesale Pricing

December 6, 2016 - Industry News

EFG Companies Receives Top Client Satisfaction Scores in National Study

In a study used by major brands to measure dealer services client satisfaction, EFG Companies scored higher than Nordstrom and Ritz Carlton, the F&I product provider shared today.

December 5, 2016 - Industry News

Auto/Mate Appoints New Head of Marketing

In this role, Patrick Reilly will oversee the development of a corporate marketing strategy that will increase awareness of Auto/Mate’s DMS offering, fulfill the company’s growth objectives and drive revenue.

Tags: Auto/Mate Dealership Systems, DMS, Hiring

December 1, 2016 - Industry News

Kerrigan Advisors: Auto Retail Index Up Nearly 12%

Kerrigan Advisors today announced that The Kerrigan Auto Retail Index was up 11.66% in November, significantly outperforming the broader S&P 500 Index by 240.9%. The firm attributed the rise in its index to the election of Donald Trump to the presidency.

Tags: Kerrigan Advisors, Kerrigan Auto Retail Index, Stocks

November 29, 2016 - Industry News

F&I Still a Drag on Improving Transaction Times, Survey Shows

Although transaction times at dealerships are improving, there are still roadblocks in the process that are holding dealerships back from reliably achieving transactions times below the one- and two-hour mark, according to a survey fielded by eLend Solutions.

Tags: CSI, Dealership, eLend Solutions, F&I, Survey, transaction times

November 28, 2016 - Industry News

Mechanical Breakdown Protection Inc., PEN Announce Integration Pact

F&I product provider Mechanical Breakdown Protection Inc. (MBPI) is now plugged into the Provider Exchange Network as part of an integration pact the two companies announced this week.

Tags: DMS, Mechanical Breakdown Protection, Partnership, Provider Exchange Network, technology

November 22, 2016 - Industry News

Car Shoppers Looking for Deep Discounts, SUV/CUVs on Cyber Monday, Survey Shows

Jumpstart Automotive surveyed approximately 2,500 consumers to gauge their interest in buying a car on Cyber Monday. According to results, 33% of men and 35% of women would be most interested in shopping for SUVs/CUVs on Cyber Monday.

Tags: Cyber Monday, Dealerships, Jumpstart Automotive, Online Marketing

November 15, 2016 - Industry News

KBB Announces 2017 Best Buy Awards

Kelley Blue Book announced the winners of its 2017 Best Buy Awards. The big winner was Honda. Not only did it take home four awards, its 2017 Honda Civic was named the Overall Best Buy of 2017.

Tags: Audi, Awards, Best Buy, Chevrolet, Chrysler, Ford, Honda, KBB, Kia, Mercedes-Benz, Porsche, Toyota

November 14, 2016 - Industry News

Zachary Hughes Joins American Guardian’s Central Atlantic Sales Team

Hughes joins the F&I product provider’s field team as assistant vice president of sales for the central Atlantic states, which includes Ohio, Tennessee, South Carolina, and Virginia.

Tags: American Guardian Warranty Services, F&I product provider, F&I products

November 14, 2016 - Industry News

Fidelis PPM, MaximTrak Announce Integration

This integration enables F&I departments using MaximTrak to deliver e-contracting functions between the technology firm's F&I platform and Fidelis' prepaid maintenance software, providing dealerships with a paperless solution for presenting, validating, and registering Fidelis products.

Tags: CU Direct, F&I products, Fidelis PPM, Jim Maxim, Jr., MaximTrak, Prepaid Maintenance

November 14, 2016 - Industry News

izmocars to Showcase Virtual Reality Platform at Automobility LA

izmocars will showcase its newest virtual reality offering in the Tech Pavilion at this week's AutoMobility LA. Dealers will be able to use izmoVR in the showroom and service wait room. They can also make it available as a download from their dealership's website.

Tags: AutoMobility LA, izmocars, technology, Virtual Reality, Virtual Showroom

November 9, 2016 - Industry News

Asbury: F&I Experiences "Small Setback" in Q3

Asbury Automotive COO David Hult called the group's F&I performance in the third quarter a "small setback" compared to previous quarters, noting that he remains hopeful for the coming quarter.

Tags: Asbury Automotive, F&I, Quarterly Earnings, Third Quarter

November 8, 2016 - Industry News

GWC Warranty's Blog Honored at AAPEX

This week, F&I product provider GWC Warranty was awarded a 2016 Automotive Communication Award at the Women’s Board Reception during the Automotive Aftermarket Products Expo.

Tags: Awards, Blog, Communications, GWC Warranty Corporation

November 3, 2016 - Industry News

Sold Calif. Dealership Leaves Customers With Worthless Lifetime Service Package

Customers who bought cars from Hooman Toyota of Long Beach are angry after losing the perks of an offer they paid into following the dealership's change of ownership, NBC 4 News reports.

Tags: advertising, Dealership, Hooman Automotive Group, Toyota

November 3, 2016 - Industry News

Sonic: Q3 'Operationally Challenging'

F&I, used retail sales, and fixed ops helped dampen Sonic's third quarter declines in volume and gross profit per unit (GPU) retailed. The group also reported that its EchoPark locations increased their F&I per-copy average by 16.3% to $1,078. Overall, the group's F&I operations averaged $1,341 per copy during the period.

Tags: F&I, Quarterly Earnings, Sonic Automotive, Third Quarter, used vehicles

November 1, 2016 - Industry News

Carl Grane Appointed Director of Training for EasyCare

The 28-year industry veteran will spearhead the development and execution of new financing, sales, and service training programs, as well as refine the company’s overall training strategy for internal employees, agents and dealers.

Tags: EasyCare, F&I manager, F&I products, F&I training, general agents

October 27, 2016 - Industry News

Volvo Teams With JM&A on F&I Product Suite

The products will be marketed as Volvo Increased Protection Plans, or VIP. The suite will feature vehicle service contracts, including plans geared toward certified pre-owned units, prepaid maintenance, and tire-and-wheel protection. JM&A will also provide F&I performance and compliance training.

Tags: F&I products, JM&A Group, Partnership, Volvo

October 27, 2016 - Industry News

Lithia: Right People, Pay Plans and Product Deliver Record F&I Performance in Q3

Record-setting F&I, a strong used-vehicle segment, and gains in parts and service paved the way for a year-over-year improvement in total gross profit for Lithia Motors during the period.

Tags: F&I, Financial Report, Lithia Motors, Third Quarter

October 26, 2016 - Industry News

Group 1 Automotive Chooses Margin Over Volume in Q3

Margin over volume was the message coming out of Group 1 Automotive during its third-quarter earnings call. The dealer group reported that a sharp decline in unit sales offset improved new-vehicle margins, as well as gains in F&I and parts and service.

Tags: Financial Report, Group 1 Automotive, Third Quarter

October 25, 2016 - Industry News

Ally Announces 2017 TIME Dealer of the Year Nominees

Forty-nine U.S. auto dealers have been nominated for the 2017 Time Dealer of the Year award, according to Ally Financial. For being nominated, Ally will contribute $1,000 to each dealer's charity of choice.

Tags: Ally Financial, Award, TIME

October 25, 2016 - Industry News

EasyCare Announces Executive Appointment

EasyCare has appointed Pete Lee as vice president of product development and business performance. His focus will be on expanding the company’s line of F&I benefits and helping dealers improve process and profitability, the company stated.

Tags: EasyCare, Hiring, Vice President

October 25, 2016 - Industry News

VW to Start Diesel Buybacks

Volkswagen will begin buying back its 2.0L diesel models following approval Tuesday of a $14.7 billion settlement by a federal judge. The embattled automaker expects to complete the process by the middle of November, a spokeswoman told F&I and Showroom.

October 20, 2016 - Industry News

Dent Wizard Names Finance Director for South Region

Dent Wizard promoted Regional Business Development Manager Eric Walker to finance director of the company's South region, which includes Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas.

Tags: Dent Wizard, F&I, Promotion

October 20, 2016 - Industry News

EasyCare Looks to Increase Agency Connections With New Hire

EasyCare has appointed Steven Spivey as director of new business development. The former CNA executive will look to expand the F&I product provider's partnership opportunities with independent agencies.

Tags: EasyCare, Executive, Hiring