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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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Newsby Gregory ArroyoNovember 20, 2014

CFPB Needs a New 'Tool,’ Study Finds

F&I and Showroom delves into a new study commissioned by the American Financial Services Association. It concludes that the CFPB’s use of the BISG proxy method is “conceptually flawed” and could lead to overstatement of alleged harm to consumers.

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NewsNovember 19, 2014

CFPB Methodology Flawed, New Study Concludes

A new study released by the American Financial Services Association finds bias and high error rates in the CFPB's proxy methodology for determining disparate impact.

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NewsNovember 18, 2014

NADA: New-Car Sales to Rise to 16.94 Million in 2015

At the NADA /J.D. Power Western Automotive Conference this week, NADA Chief Economist Steven Szakaly predicted that new-car and light truck sales will hit 16.94 million units in 2015.

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NewsNovember 18, 2014

Preferred Warranties Names New President

Brian Cosgrove was promoted to president of Preferred Warranties Inc. He brings nearly 30 years of experience to his new role.

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NewsNovember 13, 2014

Manheim Names Savage General Manager of Detroit Facility

Mandy Savage, who previously served as assistant general manager at Manheim Palm Beach, was promoted to general manager of Manheim Detroit

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NewsNovember 13, 2014

Sundaram, Gibbs Named Dealertrack Co-Presidents

Dealertrack's board of directors has approved Rick Gibbs and Raj Sundaram as co-presidents, effective immediately.

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NewsNovember 12, 2014

October Wholesale Prices Reveal Market Softness

ADESA’s chief economist says off-rental program vehicles kept wholesale prices artificially high in October. They also masked softness in a market that is facing high incoming supply.

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NewsNovember 11, 2014

F&Idol Winner Earns Master AFIP Certification

Justin Gasman, who was named the 2014 F&Idol winner, recently attained master certification from the Association of Finance and Insurance Professionals.

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NewsNovember 10, 2014

Police Catch Kidnapper Using Dealership’s GPS Device

Detectives asked a dealership to activate the GPS device installed in a kidnapping suspect’s car due to his poor credit. Police apprehended the man and found his victim alive.

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NewsNovember 10, 2014

NCM Associates to Provide Training for Veterans

NCM Associates Inc. has launched a joint effort with nonprofit Hire Heroes USA to provide training and resources to veterans seeking careers in the retail automotive sales and service industry.

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