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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 4, 2012

[Video] Tip of the Week: Getting in the Game

United Development Systems' Gerry Gould explains why it’s critical that F&I managers get involved on the showroom floor when they’re not working a deal.

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NewsDecember 4, 2012

Compli Names New VP of Sales and Marketing

Compli named Jason Porter as its vice president of sales and marketing. The 18-year sales veteran will first work on expanding and diversifying the company's sales team.

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NewsDecember 4, 2012

AutoNation to Acquire Six Texas Stores

AutoNation acquires Audi, Porsche and three Volkswagen Stores in the Dallas market from Boardwalk Auto Group, as well as Spring Chrysler Jeep Dodge Ram in Houston. The stores generate about $575 million in revenue per year.

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NewsDecember 4, 2012

Dominion, Microsoft Forge DMS Partnership

Dominion and Microsoft expect to roll out a new dealership management system in the first quarter of next year. Officials said the new point-of-sale system will be more flexible than current offerings.

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NewsDecember 4, 2012

November SAAR Highest Since February 2008

Two automakers have already sold more vehicles through the first 11 months of 2012 than all of last year, while several others recorded new sales records during the month of November.

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NewsDecember 4, 2012

TrueCar: Transaction Prices Rise in November

November transaction prices, which rose to their highest level in almost a year, show that budget-minded consumers aren’t skimping on modern conveniences.

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NewsDecember 4, 2012

Leasing, Below-Prime Originations Grow in Q3, Experian Automotive Reports

Auto loans made to below-prime car buyers grew 13.6 percent in the third quarter, Experian Automotive reported today. Leasing also grew, which the firm says is another sign of a recovering auto finance market.

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NewsDecember 4, 2012

TransUnion: 60-Day Delinquency Rate Inches Up, Remains at Near Historic Lows

The credit reporting agency attributes the rise in the auto loan 60-day delinquency rate to seasonal patterns, says the rate is still down 56 percent from a recession high of 0.86 percent.

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NewsNovember 29, 2012

[Video] Tip of the Week: Sales Meetings Done Right

United Car Care's John Vecchioni says it’s OK for F&I managers to use sales meetings to update the sales team on outstanding deals, but the F&I Professor says it’s even better if the F&I manager can share a closing experience to help those struggling sales consultants.

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NewsNovember 29, 2012

J.D. Power: Online Ratings, Social Networks Impact Dealer Selection

The research firm’s newest study shows that males are significantly more likely than females to consult ratings/review sites when selecting a dealer, whereas females are significantly more likely to consult social networking sites.

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