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F&I•by Staff•December 27, 2017

Nissan Appoints Renault's Le Vot to Oversee North America

Nissan Motor Co. has appointed Denis Le Vot to oversee North American sales. Le Vot arrives from Renault, where he has held multiple positions since joining the French automaker.

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Compliance•by Staff•December 27, 2017

Tax Cut Should Spur Fleet Industry Growth

A tax reform bill signed by President Donald Trump on Dec. 22 is expected to spur economic expansion, bring off-shore corporate revenues back to the U.S., and help fleet management companies make decisions about their operations that aren't tax driven.

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Digital•by Staff•December 26, 2017

LotLinx Announces Move to Bolster VDPs

A new integration with CarNow was designed to strengthen LotLinx’s vehicle display pages.

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F&I•by Staff•December 26, 2017

Manheim Hosts ‘Digital Block Sale’ for BMW Financial

The November event allowed dealers to access BMW Financial Services inventory from three Manheim sites via the factory’s Performance Center in Thermal, Calif.

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Auto Finance•by Staff•December 21, 2017

J.D. Power: Used Vehicle Price Index Falls 1.4% in November

Underperforming van and car segments led to a decline in J.D. Power's used vehicle price index in November, a reversal from the index's previous three months of consecutive growth.

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F&I•by Tariq Kamal•December 21, 2017

NY AG Sues Two Dealerships Over the Sale of Etch

New York Attorney General Eric Schneiderman has filed a lawsuit against Victory Mitsubishi of Larchmont and Victory Suzuki of the Bronx, charging the stores with selling an ‘unwanted and bogus’ anti-theft product.

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F&I•by Gregory Arroyo•December 20, 2017

UPDATED: Core F&I Product Could Put Some Auto Finance Deals Under Military Lending Act’s Requirements

Based on an interpretive rule issued by the Defense Department on Dec. 14, including credit-protection products like GAP in a servicemember’s vehicle finance contract could subject it to a slew of restrictions and requirements under the Military Lending Act (MLA).

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F&I•by Staff•December 19, 2017

VisionMenu Releases Paperless Deal Jacket

Using Paperless Deal Jacket, any form may be signed at the dealership or remotely using the customer’s smartphone. This is facilitated by VisionMenu’s patent-pending vSignature technology.

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F&I•by Staff•December 19, 2017

Wells Fargo Names New Head of Consumer Lending

About a month after dismissing its former head of consumer lending, Wells Fargo named Mary Mack to the post. The 33-year Wells Fargo veteran will maintain her prior duties as senior executive vice president of community banking, which she has led since July 2016.

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Auto Finance•by Staff•December 18, 2017

Black Book: Hurricanes Boosted Used-Vehicle Values 2%

The firm said hurricanes Harvey and Irma had a similar effect on used-vehicle values as the Clash for Clunkers program had on values in 2009.

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