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November 4, 2015

Group 1's F&I Per-Copy Average Jumps $65 in the U.S. Market

While the international dealer group's consolidated per-copy average grew $27 to $1,352 in the third quarter, it's U.S.-based F&I operations saw its per-copy average rise $65 to $1,515. For the first nine months of 2015, the group's per-copy average is $1,529.

October 7, 2015

Reynolds Releases F&I Legal Library for Washington Dealers

Reynolds Document Services has released the Reynolds LAW Washington F&I Library, a comprehensive catalog of standardized, legally reviewed F&I documents available to new car and truck dealers in the state of Washington.

May 7, 2015

Group 1’s U.S. F&I Operations Achieves Record PVR Average

The international dealer group’s U.S. F&I operations grew its F&I per-copy average $80 from a year ago to a record $1,538. Training and execution were the drivers, officials said.

October 23, 2014

Sonic’s Hybrid F&I Pilot Experiences Training, Staffing Issues

Officials said the Charlotte test store was overwhelmed by sales and paperwork. F&I performance rebounded, however, after the group added document specialists.

October 9, 2014

Delivering the Beef

The AFIP’s executive director opens up about what he hopes to accomplish when he meets with the top brass at the CFPB.

April 24, 2014

Asbury Posts Record First Quarter

The group reported during it quarterly conference call that earnings per share were up 34% from the year-ago quarter, an all-time record for the group. On the same day, Executive Vice President and COO Michael Kearney announced his retirement.

March 18, 2014

MaximTrak F&I Suite Recognized by 'CIO Review'

The publication reported in a recent edition that MaximTrak Technology’s F&I Suite has helped auto dealerships deliver a better buying experience for their customers.

February 20, 2014

Lithia Posts Record Revenues for 2013

The company’s revenues exceeded $1 billion in the fourth quarter and $4 billion for the full year. Its F&I operations also posted increases in F&I penetrations and profit per retail unit.

February 4, 2014

Asbury Auto Group Implements StoneEagle Platform

Asbury Automotive Group has implemented StoneEagle’s SEcureMetrics F&I and sales reporting platform in all 80 of its dealerships.

January 27, 2014

Chase Auto Finance Selects SkyLINK for Integrated Financing

Chase Auto Finance selected Inilex’s SkyLINK for integrated financing. The stolen vehicle recovery solution is now part of Chase’s F&I product lineup.