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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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NewsJanuary 3, 2013

Consumer Financial Problems Self-Inflicted, New Poll Says

Consumers took full blame for their credit problems in a new poll conducted by the National Foundation for Credit Counseling. The organization responded with 12 steps consumers can follow to right their credit ship — advice dealers can pass along to their customers.

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NewsJanuary 3, 2013

Polk Sees New-Vehicle Registrations Climbing to 15.3M in 2013

Compact, subcompact and pickup segments will push industry up 6.6 percent over 2012, Polk predicts. The firm also says the industry will return to the 16 million-unit level by 2015.

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NewsJanuary 3, 2013

[Video] Tip of the Week: Presenting the Value

The national average for service-contract penetration stands between 30 and 40 percent, which means about 65 percent of customers are denying the product. So, who’s making the right decision? United Car Care’s John Vecchioni weighs in.

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NewsDecember 27, 2012

Franchised Dealers to Grab Larger Share of Used Sales in 2013, CNW Predicts

Franchised dealers could grab as much as 40 percent of the used-car market in 2013. The segment was on pace in December to sell 15 million units for the year.

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NewsDecember 27, 2012

December Sales Could Top 1.37 Million Units, TrueCar Reports

TrueCar says the industry is on pace to sell more than 1.37 million units this month, which would put the SAAR at 15.6 million units.

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NewsDecember 27, 2012

Possible Suitors for Reynolds Emerge, Report Says

Reuters reported on Dec. 24 that the Carlyle Group and KKR & Co. LP have emerged as the lead bidders for Reynolds and Reynolds Co. The deal could be worth $5 billion.

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NewsDecember 27, 2012

Industry Could Retail 16 Million Units in 2013, CNW Says

CNW Research believes the industry could return to the 16 million-unit level next year. What happens in Washington, D.C., will determine whether that prediction is realized.

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NewsDecember 27, 2012

Congress Repeals Obsolete Insurance Booklet Mandate

The bipartisan bill that would eliminate the requirement that new-car dealers keep an insurance booklet on hand or face a hefty fine is headed to President Obama for his signature. The bill was approved by the U.S. Senate on Dec. 21.

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NewsDecember 27, 2012

NAE, The Impact Group Partner on F&I Training Initiative

The two companies aim to deliver intensive F&I process training beginning next month at NAE's Cleveland training center.

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NewsDecember 21, 2012

Goldman Sachs Affiliate Acquires Safe-Guard

Safe-Guard Products International changed hands today, with the F&I product provider announcing that it has been acquired by Goldman Sachs from H.I.G. Capital.

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