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NewsFebruary 23, 2016

MaximTrak Releases Global F&I Platform

MaximTrak Technologies is rolling out a new F&I platform touting new enhancements geared toward international markets. The new platform is designed to address the challenges presented by the push to modernize F&I.

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NewsFebruary 23, 2016

AUL Names Scott Smith Operations Managers

Smith will lead AUL's operations department while maintaining his role as service support manager. He replaces Jackie Matthews, who stepped back from her role as operations manager as she prepares for retirement.

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NewsFebruary 18, 2016

Top F&I Trainers Headed to F&I Think Tank

Celebrated F&I trainers Luis Garcia, Gerry Gould and Rick McCormick will join forces at F&I Think Tank to lead Shark Tank, a 20 Group-like session that will allow attendees to get answers to troublesome customer objections, deal situations and departmental issues.

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NewsFebruary 18, 2016

Pothole-Related Damage Costs U.S. Drivers $3 Billion Annually, AAA Finds

Potholes on U.S. roadway have become a $3 billion annual problem for vehicle owners, according to a new study from AAA. The findings make for great evidence manual material for F&I offices selling tire-and-wheel protection.

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NewsFebruary 18, 2016

Used-Vehicle Sales Drop 4% in January, NADA Used Car Guide Reports

The NADA Used Car Guide's used-vehicle price index slipped 0.3% in January, with sales volume coming in 4% lower than the same period last year.

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NewsFebruary 18, 2016

Serra Chevrolet Bartlett Becomes a MOTOR TREND Certified Dealer

The dealership becomes the exclusive MOTOR TREND Certified Dealer in Memphis, Tenn. The operation was selected because of its history of excellent customer reviews and outstanding service, official said.

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NewsFebruary 17, 2016

TransUnion: 60-Day Delinquencies Reach Highest Level Since Q4 2010

The 7.8% increase in the number of consumers with an auto loan in the fourth quarter was the largest increase observed by TransUnion. The firm also reported that 60-day delinquencies are on the rise, particularly in states with large exposure to the energy industry.

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NewsFebruary 17, 2016

CreditMiner Parters With Ad Agency to Market Virtual Credit Consultant

CreditMiner has partnered with Moore & Scarry Advertising to market its consumer-facing application, which provides real-time prequalification with full permissible data.

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NewsFebruary 17, 2016

Former Santander Execs Join Exeter Finance Corp.

On the same day Santander announced the departures of President Jason Grubb and COO of Originations Brand Martin, Exeter Finance Corp. announced the appointment of the two auto finance veterans to CEO and COO, respectively.

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NewsFebruary 16, 2016

Group 1's U.S. F&I Operations Stays Above $1,500 Per Copy in Q4

Group 1 Automotive's U.S. F&I operations realized a 4% increase in F&I profit per retail unit, with the group's per-copy average settling in at $1,525 in 2015's end-of-year quarter.

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