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News•January 25, 2018

FTC Approves Consent Order in Texas Dealer’s Deceptive Advertising Case

The approval settles the FTC's December 2017 complaint against Dallas-based Cowboy Toyota regarding its Spanish-language newspaper ads. The regulator charged the dealership with violations of the FTC Act, TILA and the Consumer Leasing Act.

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News•January 25, 2018

Buick, Porsche Win J.D. Power’s New Vehicle Ownership Awards

For its new Total Ownership Experience Awards, J.D. Power looked at results from its five iconic automotive studies to determine which automakers do the best job overall of satisfying customers through the different stages of vehicle ownership.

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News•January 24, 2018

Canada's iA Financial Group Completes Acquisition of SouthwestRe, DAC

iA Financial Group has completed its acquisition of the third-party administrator and its insurance arm, Dealers Assurance Co. Both companies will now operate as fully owned subsidiaries of iA.

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News•January 23, 2018

Darwin Updates F&I Platform to Address Military Lending Act Rules

Darwin today announced a new update to its F&I sales platform designed to address the interpretive rule the Defense Department issued last month under the MLA.

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News•January 23, 2018

AutoGravity Reaches New Milestone

More than 1.3 million Americans have used AutoGravity’s car-shopping and financing platform, which surpassed $2 billion in finance amount requested in 2017.

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News•January 23, 2018

CNAN Recaps Year of Milestones, Awards, Tech Advancements

CNA National said it has now paid more than $3 billion in claims for all product lines since the company’s founding in 1982. That’s just one of the achievements the company notched in 2017, a year in which the company introduced a new product and passed the four million mark for VSCs in force.

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News•January 23, 2018

Lending Tree: Used-Car Buyers Stretch for Some Brands

Lending Tree has ranked the used-car brands Americans will stretch their finances furthest to afford.

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News•January 23, 2018

JD Power Enters F&I Space

The launch of J.D. Power Automotive Protection Products marks the data and insight provider’s first foray into the finance office.

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News•by Gregory Arroyo•January 22, 2018

Zurich to Focus Heavily on F&I in 2018

Zurich North America is reshaping its dealer P&C portfolio to address 'persistent underperformance due to continued volatility associated with large and catastrophic hail losses." As a result, Zurich will focus heavily on F&I in 2018, a spokesperson said last week.

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News•January 22, 2018

Black Book: Vehicle Depreciation Dropped to 13.2% in 2017

The average price of a used vehicle for model years 2012–’16 depreciated in value by 2.9%. Cars overall dropped by 3.0% and trucks decreased by 2.8% in value during December.

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