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July 7, 2017 - Industry News

O’Loughlin to Deliver Keynote Address at Industry Summit

Attorney, compliance expert and former regulator Terry O’Loughlin will deliver the opening luncheon keynote address to attendees of Compliance Summit, Lender Summit and the P&A Leadership Summit.

July 6, 2017 - Industry News

Edmunds: Term Lengths Stretch to All-Time High in June

At a record 69.3 months, average new-vehicle finance terms have stretched 6.8% from five years ago. The average amount financed and average monthly payment also registered new highs.

Tags: average finance amount, average term, Average Transaction Price, Monthly Payments

July 6, 2017 - Industry News

Premier Chevrolet Buick GMC Named West Virginia's First Motor Trend Certified Dealer

Premier Chevrolet Buick GMC was selected to be the first dealership in West Virginia able to certify its pre-owned vehicles with the exclusive Motor Trend Certified designation. The dealership began selling Motor Trend Certified vehicles in May.

Tags: EasyCare, Motor Trend, Premier Chevrolet Buick GMC, pre-owned, used-vehicle sales

July 5, 2017 - Industry News

Paul Miller Auto Outlet Named Exclusive Motor Trend Certified Dealership

The dealer was selected to be the only dealership in Lexington, Ky., able to certify its pre-owned vehicles with the exclusive Motor Trend Certified designation.

Tags: EasyCare, Motor Trend, Paul Miller Auto Outlet

July 5, 2017 - Industry News

Greg Goebel to Address Industry Summit and PALS

Special finance guru Greg Goebel will deliver the evening keynote address to a combined audience of Industry Summit and P&A Leadership Summit attendees.

Tags: DealerStrong, Greg Goebel, Industry Summit, special finance, Special Finance Conference

June 30, 2017 - Industry News

Portfolio Acquires California-Based F&I Agency

The F&I product provider has acquired Folsom, Calif.-based Finance Concepts LLC, one of its largest producing agencies. Terms of the transaction were not disclosed.

Tags: Brent Griggs, Capital Z Partners, F&I product provider, F&I products, F&I training, Finance Concepts, general agents, Portfolio Group

June 30, 2017 - Industry News

Portfolio Earns 10th Straight Top Ranking in Dealers’ Choice Awards

Portfolio’s victory continues a remarkable run for the only reinsurance provider to earn a Dealers’ Choice Award in every year since the program began in 2008.

June 29, 2017 - Industry News

UDS Celebrates Milestone

United Development Systems Inc. (UDS), a full-service income development company, is celebrating 35 years in the F&I performance arena.

Tags: F&I menu, F&I performance, F&I process, F&I Technology, F&I training, general agents, Randy Crisorio, United Development Systems

June 29, 2017 - Industry News

Ganther to Serve as Featured Speaker at Dallas Compliance Summit

Attorney and Mosaic Compliance Services cofounder Jim Ganther will deliver a featured presentation on Easy-to-Implement Processes and Controls at Compliance Summit in September.

Tags: CFPB, CMS, complaint management system, compliance, compliance management system, Compliance Summit, digital retailing, Industry Summit, James Ganther, online F&I

June 26, 2017 - Industry News

Portfolio Launches QUANTUM VSC

The company’s newest vehicle service contract offering was designed to cover ‘essential’ new electronic components.

Tags: F&I manager, F&I products, In-Car Technology, vehicle service contract

June 26, 2017 - Industry News

GWC Warranty Names New Product Manager

Andrew Roke had held positions in operations and marketing product management before the F&I product provider appointed him product manager. He will be responsible for managing GWC’s suite of products while evaluating new opportunities for innovative enhancements.

Tags: F&I products, GWC Warranty Corporation, Used-Vehicle Service Contracts

June 26, 2017 - Industry News

CarMax Looks to Expand Digital Retailing Push

The pre-owned dealer group’s online prequalification portal played a key role in its captive finance company's 7% increase in first-quarter originations. The group is currently testing a home-delivery service as well as an online vehicle appraisal tool.

Tags: auto finance, CarMax, CarMax Auto Finance, digital retailing, online F&I

June 22, 2017 - Industry News

John 'The F&I Professor' Vecchioni to Emcee Industry Summit

American Financial’s John Vecchioni will return to Industry Summit as the event’s master of ceremonies.

Tags: American Financial & Automotive Services, F&I Think Tank, F&I training, Industry Summit, John Vecchioni

June 22, 2017 - Industry News

SF Conference Returns to Industry Summit

Industry Summit will once again play host to the Special Finance Conference, the industry’s premier SF training event.

Tags: auto finance, Greg Goebel, Special Finance Conference, subprime, used-vehicle sales

June 21, 2017 - Industry News

Dealertrack to Open New Headquarters

Dealertrack’s new, LEED-specified building will house 600-plus employees and an enviable range of amenities designed to promote productivity, health and wellness.

June 20, 2017 - Industry News

US Equity Advantage Earns Dealers’ Choice Award

US Equity Advantage won the first-place Diamond award in the Biweekly Payments category for the third straight year.

June 20, 2017 - Industry News

F&I Futurist Tony Dupaquier Joins F&I Think Tank Roster

The Academy’s Tony Dupaquier will serve as emcee of F&I Think Tank, organizers announced this week. The trainer and F&I futurist will be responsible for guiding the discussions during the F&I 20 Group-like event.

Tags: dealer, digital retailing, F&I director, F&I manager, F&I process, F&I Think Tank, Industry Summit, objection handling, online F&I

June 13, 2017 - Industry News

F&I Trainer Shaka Dyson Bringing F&I 20 Group to F&I Think Tank 2017

F&I trainer Shaka Dyson is bringing his F&I 20 Group to Dallas for F&I Think Tank 2017. The ‘record-breaking’ F&I trainer will also participate in two panel discussions, including F&I Think Tank’s stump the pro-like Shark Tank.

Tags: F&I manager, F&I process, F&I Think Tank, F&I training, Industry Summit, objection handling

June 13, 2017 - Industry News

Dealers Vote F&I Express No. 1 in F&I Technology for Second Straight Year

F&I Express won its second consecutive Diamond award in the F&I Technology category in the 2017 Dealers’ Choice Awards.

June 12, 2017 - Industry News

RouteOne Econtracting Exceeds $200 Billion in Contract Funding

The technology firm's econtracting platform has now booked 7.5 million econtracts. It also claims more than 6,000 active dealers, 36 live and in-pilot finance sources, and 12 econtracting-integrated dealership management systems.

June 12, 2017 - Industry News

Auto/Mate DMS Integrates With DealerMine’s CRM

Dealers who use both systems will benefit from the increased business intelligence that their DMS and CRM deliver via real-time data exchanges between the systems

June 8, 2017 - Industry News

American Auto Shield, KISS Concepts Unveil Customizable VSC Program

A month after joining forces with American Auto Shield, KISS Concepts' Rod Heasley announced the launch of a new vehicle service contract program that allows buyers to build their own unique plan.

Tags: American Auto Shield, F&I product, KISS Concepts Group, vehicle service contract

June 8, 2017 - Industry News

RoadVantage Voted No. 1 F&I Provider by Dealers Nationwide

RoadVantage won the first-place Diamond award in the F&I Product category in the 2017 Dealers’ Choice Awards.

June 8, 2017 - Industry News

F&I Think Tank Heads to Dallas With Arroyo at the Helm

F&I and Showroom’s Gregory Arroyo will chair the 20 Group-like event, which will close out Industry Summit 2017 on Sept. 14. This year’s theme: ‘Making F&I Great Again.’

Tags: Career Advice, F&I director, F&I manager, F&I process, F&I products, F&I Think Tank, F&I training, Industry Summit

June 8, 2017 - Industry News

AAA Spills the Truth on Oil Changes

The motor club found that synthetic oil performs nearly 50% better than conventional oil in tests. AAA also found, however, that most U.S. drivers are either unsure or do not believe the more expensive synthetic oil is better for a vehicle’s engine.

Tags: oil change, parts and service, Prepaid Maintenance