FI showroom red and grey logo
MenuMENU
SearchSEARCH

News

Auto Financeby StaffSeptember 12, 2019

Escalating Finance Costs Drive 24% Spike in TCO

AAA analysts say bigger price tags and higher interest rates have conspired to raise American new-car buyers’ average annual total cost of ownership to $9,282, an all-time high and a 24% year-over-year increase.

Read More →
F&Iby StaffSeptember 11, 2019

Pace of Dealership Acquisitions Slows in Q2

Kerrigan Advisors’ latest Blue Sky buy/sell report counts 49 transactions in the second quarter, a slight decline from Q1 but enough to maintain a 200-plus-transaction pace for 2019.

Read More →
F&Iby StaffSeptember 11, 2019

Report: Customers Want to Buy Insurance at the Dealership

A new DealerPolicy study finds 83% of customers would buy auto insurance as part of their car-buying process — but only 9% were given the opportunity.

Read More →
Ad Loading...
F&Iby StaffSeptember 10, 2019

NAE/NWAN Adds 30- to 90-Day Vehicle Return Program

National Automotive Experts and NWAN have launched Money Back Guarantee, a vehicle return program billed as the industry’s longest with coverage up to 90 days.

Read More →
F&Iby StaffSeptember 10, 2019

Report: Chasing Price Hurts Gross, F&I, Service

A new report makes the case for chasing value over price, a strategy that auto dealerships nationwide are adopting to generate higher front-end & back-end grosses while earning lifelong service customers.

Read More →
Digitalby StaffSeptember 10, 2019

Cox Upgrades CAR&I Incentives Platform

Cox Automotive Rates & Incentives now features automated data input, dynamic transaction templates, and advertised specials, all designed to deliver data faster and with improved accuracy.

Read More →
Ad Loading...
Complianceby StaffSeptember 9, 2019

Rooney Joins Hudco as Partner in DC Office

Mark E. Rooney, an attorney whose practice focuses on consumer litigation defense and government investigations in the financial services industry, has joined the Washington, D.C., office of Hudson Cook LLP.

Read More →
Digitalby StaffSeptember 9, 2019

Auto/Mate Adds Text Messaging Solution to DMS

Auto/Mate Dealership Systems announced the integration of its dealer management system with the Text2Drive two-way text messaging platform.

Read More →
Complianceby Tariq KamalSeptember 9, 2019

NADA Mounts Opposition to Enhanced Safeguards Rule

National Automobile Dealers Association officials have told the FTC that proposed new provisions to the Safeguards Rule may be unnecessary and could cost smaller dealers more than $400,000 in the first calendar year of enforcement.

Read More →
Ad Loading...
F&Iby StaffSeptember 6, 2019

AUL Unveils New Website, Plans Enhancements

AUL Corp.’s new website is part of a multiphase digital strategy executives say will modernize the automotive econtracting experience.

Read More →