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NewsSeptember 3, 2018

Report: Trump Tax Cuts Affect Reinsurance Profits

A new report from Portfolio details the effects of the Tax Cuts and Jobs Act on the six most common reinsurance program types and explains why at least one is now no longer advisable for most dealers.

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NewsAugust 31, 2018

David Lewis to Keynote Industry Summit 2018

The event designed to ‘Protect the Future of F&I’ will feature a keynote address by trainer David Lewis, who will teach dealers and F&I professionals how to improve their production by $350 per copy.

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Newsby Gregory ArroyoAugust 30, 2018

Experian: Finance Amounts, Monthly Payments Reach New Highs in Q2

Affordability remains a concern despite finance sources continuing to tighten underwriting standards, according to the firm. Consumers, however, seem unfazed, with outstanding balances climbing to a new record high.

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NewsAugust 29, 2018

PayLink Direct Wins Top Honor in 2018 DCAs

PayLink Direct won the first-place Diamond award for F&I Financing, a new category in this year’s Dealers’ Choice Awards.

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NewsAugust 28, 2018

J.D. Power: Dealers, Affordability Behind Overall Strength of Used Market

Through July, J.D. Power’s Adjusted Used Vehicle Price Index stood at 119.3, which is 4.7 percentage points higher than the year-ago period. The firm said used-vehicle prices began showing strength in the middle half of 2017, a trend that continued deep into this year’s summer selling season.

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NewsAugust 28, 2018

VisionMenu Integrates With Dominion DMS

VisionMenu today announced integration with Dominion DMS, allowing Dominion dealers to pull information into the F&I menu maker’s suite of software selling solutions.

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NewsAugust 27, 2018

‘Ask Frenchy’ to Win a Free Trip to Industry Summit

Dealers and F&I professionals are invited to submit their most challenging customer objections to IAS’s Eric ‘Frenchy’ Mélon for a chance to win free registration, hotel room, and recognition at this year’s Industry Summit, which heads to Orlando, Fla., in October.

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Newsby Gregory ArroyoAugust 27, 2018

Calif. Board: GM Violated State Law in Attempting to Cancel Dealer's Franchise

In an Aug. 13 ruling, the California New Motor Vehicle Board sided with Folsom Chevrolet in a case that calls into question the way General Motors and other automakers measure and enforce sales expectations.

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NewsAugust 25, 2018

VW to Cease Hail Cannon Fire

Volkswagen has agreed to curtail the use of hail cannons outside its Mexico plant following accusations by area farmers that the devices were altering the weather and ruining crops.

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Newsby Gregory ArroyoAugust 23, 2018

Senate Committee Narrowly Confirms Trump's Pick to Head BCFP

The U.S. Senate Banking Committee narrowly approved the nomination of Kathy Kraninger to head the Bureau of Consumer Financial Protection. The vote sends her nomination to the full Senate for consideration.

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