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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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NewsOctober 25, 2012

[Video] Tip of the Week: Selling GAP

“Guaranteed” is a powerful word when making a sale, which is why United Car Care’s F&I Coach recommends ditching GAP's acronym when presenting it to customers.

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NewsOctober 25, 2012

Profits Rise 48 Percent for Lithia

Lithia reported higher profits and revenues for the third quarter. Highlights include a 36.4 percent increase in F&I revenues.

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NewsOctober 25, 2012

Ally Financial to Sell Canadian Subsidiaries

Royal Bank of Canada will acquire Ally Credit Canada Limited and ResMor Trust, Ally Financial announced this week. The sale is expected to close in the first quarter of 2013.

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NewsOctober 25, 2012

Ford Credit’s Bannister to Retire; Silverstone Named Successor

Mike Bannister will retire as Ford Motor Credit Company’s chief executive on Jan. 1. His replacement will be Bernard Silverstone.

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NewsOctober 25, 2012

CNW: October Used-Car Sales to Remain Strong

The continued loosening of credit standards is helping franchised dealers move those high-mileage trade-ins, with CNW predicting that used-vehicle sales in October will top the year-ago period by 8.1 percent.

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NewsOctober 25, 2012

NAC Promotes Paul Leary to Executive Vice President

The F&I product provider has promoted its national sales manager to executive vice president. He will assume his new role on Nov. 1.

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NewsOctober 25, 2012

KBB Sees New-Car Sales Cooling in October

KBB predicts October new-car sales will settle in at a 14.7 million SAAR after clocking in at 14.9 million units in September.

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NewsOctober 25, 2012

October New-Vehicle Sales Nearing 2008 Feat

If October maintains its current sales pace, the industry will have achieved something it hasn't done since 2008, J.D. Power and LMC Automotive report.

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NewsOctober 25, 2012

ClickMotive Team Receives Website Excellence Awards

DealerTrack’s recently acquired ClickMotive took home three awards at the recent Digital Dealer Conference.

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NewsOctober 23, 2012

Ally Unveils Nominees for TIME Dealer of the Year Award

This year’s contest attracts 57 hopefuls for the TIME Dealer of the Year award, the winner of which will be named at the 2013 NADA Convention and Expo.

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