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Digitalby StaffAugust 26, 2019

Manheim Moves to Flat Rates for Automatic Inspections

Manheim policymakers believe predictable pricing will persuade more dealers to take advantage of post-auction inspections after buying in-lane, at a physical sale, or through digital channels.

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F&Iby StaffAugust 26, 2019

Ally: Soaring Costs Make Case for Service Contracts

An Ally/Harris survey of U.S. consumers found only 21% had purchased a vehicle service contract, propelling their average five-year maintenance and repair costs to nearly $2,000.

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Complianceby Tariq KamalAugust 26, 2019

Mazda Dealer Faces Termination Over Warranty Work

Mazda has attempted to cancel its franchise agreement with a Texas dealer for failing to complete Takata airbag recall orders. The matter will be decided in a hearing ordered by state regulators.

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Auto Financeby StaffAugust 22, 2019

Feds: Fake FinCo Scored 80 Auto Loans Worth $1.7M

Six operators of a nonexistent auto finance company have been sentenced to federal prison or probation for fraudulently obtaining $1.7 million worth of loans from banks and credit unions.

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Digitalby StaffAugust 22, 2019

DealerSocket Adds F&I Product Rates to Precise Price

A new integration with F&I Express brings VIN-specific F&I product rates and content to DealerSocket’s Precise Price digital retailing tool.

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F&Iby StaffAugust 22, 2019

EFG’s Burrow Publishes ‘Chasing Bentleys’

Former dealership manager and current EFG Companies executive Melissa Burrow has published ‘Chasing Bentleys: The Power of Accountability in Achieving Your Goals.’

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Complianceby StaffAugust 21, 2019

Get ACE-Certified at Industry Summit

Registered attendees are once again invited to earn Automotive Compliance Education certification at the 2019 Industry Summit for no additional charge.

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Complianceby Tariq KamalAugust 21, 2019

S.C. Dealer Sues Former GM, F&I Manager

Hoover Mitsubishi’s Mark Hoover has sued two former employees accused of doctoring auto loan applications, a scheme that led to an FBI raid and the shuttering of the dealership.

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F&Iby StaffAugust 21, 2019

Universal Integrates ZERO Plan With Darwin Automotive

Universal Lenders, home of The ZERO Plan, announced a full integration with Darwin Automotive’s F&I and digital retailing software suite.

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Awardsby StaffAugust 21, 2019

Lexus Dominates 2019 Resale Value Awards

J.D. Power unveiled its latest Resale Value Awards for mass-market and luxury vehicles, including six model-level awards for Lexus and four more for Toyota.

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