
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
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When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
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Attorney General Lori Swanson is suing EFG Companies for deceptive practices because it failed to deliver on its promise of full refunds for VSCs canceled within 30 days. The company’s CEO tells F&I and Showroom his company will be exonerated once all the facts are presented.
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Like a relay race, winning the F&I profit race comes down to a perfect customer handoff from sales and a strict adherence to the process. F&I trainer offers a few process tips to ensure the baton doesn't get dropped.
Read More →The indictment of the five dealership employees follows federal charges levied against two other Serra Nissan sales managers earlier this year. They are facing federal charges related to a scheme to fraudulently boost loan approvals and car sales.
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Brian Vance, a regional F&I manager with Zurich North America, earned his master certification at an AFIP Certification Boot Camp in August. He is the second Zurich executive to do so.
Read More →Warren Buffett’s holding company, Berkshire Hathaway, is expected to complete its acquisition of the Van Tuyl Group by the opening of 2015. After the purchase, the 78-store group will operate as Berkshire Hathaway Automotive.
Read More →CDK Global Inc., the new ADP Dealer Services company, began trading as a member of the S&P MidCap 400 Index yesterday.
Read More →U.S. News is extending its deal with TrueCar for an additional two years. As part of the new agreement, TrueCar will provide the media outlet's website visitors with access to pre-owned vehicles available through its certified dealer network.
Read More →The market research firm’s prediction is based on skyrocketing subprime approvals and an active Hispanic consumer market, which, for the first time, could outpace African-Americans in new-vehicle purchases.
Read More →The integration now provides users of both systems with a real-time, bi-directional exchange of information, eliminating redundancies and errors caused by incomplete information transfers.
Read More →New projections from TrueCar and J.D. Power show the industry heading to its best September sales month since 2007, with sales expected to be as much as 9.7% better than last year.
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