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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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NewsDecember 20, 2012

LoJack Releases Top 10 Auto Theft Recoveries for 2012

LoJack’s auto theft recovery system helped recover more than $100 million in stolen assets in 2012. Today, the company shared its Top 10 recovery stories.

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NewsDecember 20, 2012

Westlake’s DealerCenter Updates Website

DealerCenter, an arm of Westlake Financial’s sister company, announces dealer-friendly updates to its websites.

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NewsDecember 20, 2012

<em>Albany Business Review</em> Names Auto/Mate 'Best Place to Work'

Auto/Mate Dealership Systems makes Albany Business Review’s “Best Places to Work” list for the third year in a row.

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NewsDecember 20, 2012

J.D. Power, LMC: Luxury Share in December Highest Since 2009

In their monthly sales forecast, J.D. Power and Associates and LMC Automotive predict that December will record a SAAR of 12.2 million units. The two firms also expect luxury share to reach its highest level since 2009.

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NewsDecember 20, 2012

Treasury to Exit GM Investment in 12-15 Months

The U.S. Department of the Treasury will remove itself from GM investments within 12-15 months by selling off its 500 million shares of common stock — 200 million back to GM, and the remainder through “various means.”

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NewsDecember 20, 2012

[Video] Tip of the Week: Building a Credit App Business

Tired of getting incomplete credit applications from sales? The F&I Professor, John Vecchioni, offers a great fix in F&I’s Tip of the Week.

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NewsDecember 20, 2012

TransUnion: Delinquency Rates to Flatten, Debt Per Borrower to Jump in 2013

TransUnion's Pete Turek issued his 2013 auto finance predictions this week. He expects the delinquency rate to remain consistent and debt per borrower to jump.

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NewsDecember 20, 2012

Penske Automotive Adds to Board of Directors

Sandra E. Pierce, former president and CEO of Charter One Bank Michigan, was appointed the dealer group’s board of directors.

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NewsDecember 20, 2012

Tesla Motors' Director Resigns

Dr. Herbert Kohler, Tesla’s director since 2009, resigned from his post, effective Dec. 12. Former Daimler AG exec named replacement.

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NewsDecember 18, 2012

NADA: Post-Sandy Demand Slows Depreciation

Used-vehicle prices should have dropped by 2.1 percent in November. Instead, Hurricane Sandy struck and slowed depreciation by 1 percent.

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