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Articles

Curb The Confusion

Talk to F&I customers like you’d talk to a friend, without industry lingo or sales-like questions, and use hard proof to show, not tell, them about a need.

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ArticlesCover StoryFebruary 6, 2015

Security Risk

A potential breach and a local news investigation prompted Street Auto Group’s Misty Lerch to make data security a top priority for her Amarillo, Texas-based group.

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NewsFebruary 5, 2015

Automakers Report Strong January Sales

January’s total new-vehicle sales increased 13.7% from a year ago to 1.51 million units, according to Autodata Corp. January’s seasonally adjusted annual rate was 16.66 million, a slight dip from the 16.92 million SAAR recorded in December.

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NewsFebruary 3, 2015

Ally Financial Names New CEO

Jeffrey Brown, who headed up Ally’s dealer-financial services business, will succeed Michael Carpenter, who is retiring from his post and from the company’s board after five years.

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NewsFebruary 3, 2015

Black Book: Vehicle Depreciation to Rise in 2015

Vehicle depreciation is expected to increase in 2015 as a larger used-car supply and off-lease volumes place pressure on retention rates, according to a report from Black Book and Fitch Ratings.

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NewsFebruary 3, 2015

CNW: January Used-Vehicle Sales Total 2.38 Million Units

The research firm attributed the 2% gain in used-vehicle sales to higher CPO sales and a growing inventory of fresh off-lease vehicles. Even independents felt the trickledown effect of quality used vehicles.

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NewsFebruary 3, 2015

IDDS Vice President Earns AFIP Certification

Last month, co-owner and vice president of IDDS, Max Zanan, passed the AFIP certification exam.

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NewsFebruary 3, 2015

EFG Companies Launches Mileage-Only VSC

EFG Companies’ MAP My Miles allows car buyers to customize their VSC to their personal driving habits.

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NewsJanuary 29, 2015

Ally Previews New Vehicle Service Contract and Technology Platform

Ally Premier Protection, Ally’s new flagship vehicle service contract, brings together enhanced features and benefits for auto consumers, powered by an intuitive and easy-to-use technology platform for dealers.

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NewsJanuary 29, 2015

N.Y. Dealer Settles Insurance Fraud Suit for $1.6 Million

The lawsuit alleged that Fuccillo Hyundai in Upstate New York illegally sold insurance without a license to customers under the guise of an anti-theft warranty.

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NewsJanuary 27, 2015

CPS Subpoenaed By DOJ

This month, the Department of Justice issued a subpoena to Consumer Portfolio Services requiring the finance source to turn over documents related to subprime auto finance.

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