Despite improved industry education and a slew of regulatory enforcement actions, packing payments remains a popular pursuit at dealerships around the nation. Here’s how to prevent this highly illegal practice before it starts.
Lotpop has joined MAX Digital’s network of approved vendors, promising dealers a profit-driving pairing of platforms designed to improve sales and gross and manage inventory.
The Federal Reserve Bank of New York’s Q1 U.S. household debt report finds auto loan and lease originations declined slightly year-over-year — except for sub-620 customers — while 90-day delinquencies grew by 9.2%.
A new partnership between Dent Wizard and Team Penske will put the F&I product provider’s logo on the No. 12 Ford Mustang driven by Ryan Blaney in two upcoming NASCAR races.
Dealer cybersecurity provider Helion Technologies has joined CIS SecureSuite, which offers tools designed to meet compliance standards and reduce the risk of cyberattacks.
Sportswriter Adam Skinner and illustrator James Gilleard have teamed up to present ‘Fast Forward,’ a new large-form book recounting 18 iconic moments in racing history.
Lithia Motors has purchased Central New Jersey’s Hamilton Honda from Michael Saporito, who will remain as dealer, and former NFL linebacker Jessie Armstead.
Allen Turner Hyundai and Allen Turner Genesis were named 2019 U.S. Hyundai Dealer of the Year and 2019 U.S. Genesis Dealer of the Year, respectively, by DealerRater.
Binary Automotive Solutions has added Capitol City Honda of Olympia, Wash., to its network of Lifetime Warranty Program dealers.
Porsche’s new Cayenne variant is a four-door coupe that adds horsepower to a growing midsize luxury CUV segment, reaching a top speed of 178 miles per hour with a zero-to-60 time of 3.7 seconds.
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Former assistant general managers Kevin Stumm and Jeff Brinkley will lead ADESA’s Des Moines and Salt Lake auctions, respectively, while former Salt Lake GM Rob Brasher remains in a reduced role.
Insurance solutions provider DealerPolicy has entered the state of Rhode Island, part of a plan to go national by the end of next year.
Kelley Blue Book editors have named the top 10 new vehicles available for less than $20,000 in the current model-year.
The Things’ Cory Barclay has created a list of rules for dealers interested in selling $200,000-plus vehicles, many revolving around factory-specific fine print that would shock most mass-market retailers.
