F&I Showroom Magazine
MENU
SEARCHMENUSEARCH
Despite not having a sales boost from last year’s Cash for Clunkers, three of the largest dealer groups in the nation reported year-over-year increases in third-quarter revenues.
Read More →The prolonged stressed state of the U.S. consumer and seasonal pressures pushed U.S. auto loan ABS losses and delinquencies higher in the most recent period, according to the latest Auto Loan ABS index results from Fitch Ratings.
Read More →Ford Motor Co. reported record third-quarter net income of $1.69 billion and said it will pay down its debt faster than planned.
Read More →Dealer Specialties, a division of Dominion Dealer Solutions and a provider of comprehensive inventory management solutions, Websites and marketing tools, is now offering real-time inventory updates through vAuto.
Read More →Edmunds.com estimated that the average price paid in the United States for a used three-year-old vehicle in September 2010 was $18,832, up $1,471, or 8.5 percent, from September 2009.
Read More →The California New Car Dealers Association (CNCDA) announced that registrations of new cars and trucks in California continued to increase through the third quarter.
Read More →Chrysler Group LLC announced on Oct. 20 that it has begun selecting dealers who will represent the Fiat brand in the United States.
Read More →Wolters Kluwer Financial Services announced that Gateway One Lending & Finance is now on its AppOne platform, which automates the indirect lending, credit approval and compliance processes for lenders and auto, RV, marine and powersports dealers.
Read More →A new study of identity theft cases filed by depository institutions revealed a shift among identity thieves away from credit card fraud toward consumer loan fraud. However, the data also showed that identity thieves are having a difficult time with auto and mortgage loans and now have their sights on student loans.
Read More →The city council in Porterville, a small city in California's San Joaquin Valley, is considering whether to loan $250,000 to Porterville Chrysler Jeep Dodge. The dealership's owner, Mark Shipley, told the council that his store faces a financial shortfall as it recovers from losing its floorplan financier, Key Bank, in July 2009, according to the Porterville Recorder.
Read More →