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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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NewsFebruary 6, 2013

Dealership Exec Sentenced for Money Laundering, Drug Trafficking

A Florida dealerships's vice president was sentenced to six years in federal prison for money laundering, drug trafficking for the Gulf Cartel.

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NewsFebruary 6, 2013

Volkswagen Credit Posts Record High in Contracts and Assets in 2012

The captive announced its new retail loan and lease contracts rose 28.3 percent to 404,947 this past year, as total assets climbed by 17.5 percent to $23 billion.

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NewsFebruary 6, 2013

NADA University Adds FUEL to Dealer Training and Education

With the launch of its new social network, NADA University is reaching its members in a private online community setting.

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NewsFebruary 6, 2013

NADA U Enhances NADA University Online

NADA University has added new features to its online training site, including individualized training experience.

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NewsFebruary 6, 2013

USAA Sues California Dealer for Trademark Infringement

A California dealer is being sued by USAA for allegedly using the company’s initials in two business names, according to the San Antonio Express-News.

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NewsFebruary 6, 2013

AutoTrader Pulls $300M IPO Plans

For the second time, Atlanta-based AutoTrader Group Inc. pulled plans to go public, according to a recent SEC filing.

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NewsFebruary 6, 2013

World Omni Announces Four Senior-Level Promotions

Four World Omni employees were recently promoted in senior-level positions.

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NewsFebruary 6, 2013

[Video] Tip of the Week: Going for the Close

When lot customers start asking about their down payment or the interest rate they can get, it’s time for the salesperson to go for the "pocket close." The F&I Professor explains what that is in this week’s F&I Tip of the Week.

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NewsFebruary 5, 2013

January Sales Pace at 15.29 Million Annual Rate

January's SAAR came in at 15.29 million units, Autodata reported this week. That’s up from last January’s SAAR of 13.98 million.

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NewsFebruary 5, 2013

Study IDs Top Reasons Consumers Leave Without Buying

The top reason customers leave without buying, according to a survey conducted by CAR-Research XRM, is they may still be shopping. ‘Price’ and ‘Financial’ round out the Top 3 reasons consumers leave without buying.

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