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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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NewsMay 7, 2013

Tesla Hires Aston Martin's Vehicle Engineering Leader

Chris Porritt will serve as vice president of vehicle engineering for Tesla. The automotive engineer brings 25 years of experience, including his most recent expertise from Aston Martin’s vehicle engineering team.

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NewsMay 7, 2013

Ark. AG Files Suit Against Used Car Dealer

Arkansas Attorney General Dustin McDaniel filed a lawsuit against a used car dealer who allegedly sold vehicles without providing a clear title to car buyers. According to the suit, the dealer took five months to provide the titles.

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NewsMay 7, 2013

Dealertrack Hits Lender Connection Milestone

Dealertrack’s credit application network, which allows dealers to electronically submit application data to a diverse network of finance sources, has exceeded 1,300 active lenders.

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NewsMay 7, 2013

FordDirect Launches Chat Services with LiveConnect to Increase Dealer Sales Leads

FordDirect launches chat services to increase customer engagement, heighten website experiences and generate more leads.

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NewsMay 2, 2013

Gov. Cuomo to Credit Reporting Agencies: Protect Sandy Victims

New York Gov. Andrew Cuomo is demanding that credit bureaus give special allowances for Hurricane Sandy victims. The credit reporting agencies, however, say they are already doing their part.

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NewsMay 2, 2013

Group 1 Assessing Storm Damage in Oklahoma City, Houston

Group 1 estimates that the storms in Oklahoma City and Houston caused damage to facilities and about 3,200 new and used vehicles. The auto retailer is continuing to assess overall damage.

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NewsMay 2, 2013

Group 1 Reports First-Quarter Performance

First-quarter net income was up 26.5 percent for the dealer group, while total gross profit grew 15.4 percent on 18 percent higher revenues.

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NewsMay 2, 2013

CNW: Americans Looking to Spend More on Cars

Used-car buyers are looking to spend 3 percent more than in the previous survey, and new-car shoppers are expected to spend 2.9 percent more.

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NewsMay 2, 2013

April SAAR at 14.92 Million Units

The SAAR is up slightly vs. April of last year, and most manufacturers experienced an increase in sales during the month.

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NewsMay 2, 2013

GM Financial Discusses Acquisitions, New Prime Finance Product

GM Financial officials discuss the company’s recent acquisitions of Ally Financial’s European and Latin American business entities, as well as its entry into the prime market in 2014.

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