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Showroomby StaffNovember 28, 2017

US News Names Best Brands

Mazda, Honda, Ford and Porsche have been recognized as U.S. News & World Report’s best-rated brands for overall excellence.

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Showroomby StaffNovember 28, 2017

CarStory Files Two New Patents

Vast’s AI platform, CarStory, announced new patents for its Predictive Conversions Systems and Methods and Market Relative Position Engine solutions.

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Auto Financeby StaffNovember 27, 2017

Two’s a Crowd: Battle for Control of CFPB Heads to Court

Staffers with the CFPB returned from the Thanksgiving break on Monday to two acting directors, a lawsuit, dueling emails, and a bag of doughnuts.

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F&Iby StaffNovember 27, 2017

ADG Promotes Hahn, Kelly to Training Director

ADG has named Dan Hahn as director of training for fixed operations and David Kelly as director of training for variable operations.

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F&Iby StaffNovember 21, 2017

Auto Loan Market Shifting Toward Less Risky Consumers

For the fourth consecutive quarter, auto loan originations in the second quarter decreased on a year-over-year basis. Much of that decline was driven a 5.9% decrease in subprime, nearprime, and prime loan originations.

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Auto Financeby StaffNovember 21, 2017

Used Market Strong in October Despite 2.2% Decrease in Wholesale Prices

Thanks to the lingering effects of hurricanes Harvey and Irma, J.D. Power’s seasonally adjusted used-vehicle price index recorded its third straight monthly increase. It rose 1.1 points to 114.5.

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F&Iby StaffNovember 20, 2017

Tabar Joins UDS as Director of Training

Thirty-year industry veteran John Tabar has joined United Development Systems as director of training.

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F&Iby StaffNovember 20, 2017

Wells Fargo Dismisses Head of Consumer Lending

According to media reports, Franklin Codel, the bank’s head of consumer lending, was fired after making disparaging comments about a bank regulator to a fired employee, who reported the executive’s comments to bank officials.

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Showroomby StaffNovember 20, 2017

Fall Ahead: Dealer Sites Enjoy Autumn Upswing

New data from Dealer.com reveals a post-summer surge in dealer website traffic and shows Black Friday purchase intent far outpaced Cyber Monday in 2016.

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F&Iby StaffNovember 20, 2017

Darwin’s Digital F&I Department Goes Live

Darwin Automotive has launched Darwin Online, described by the company as the auto industry’s first fully functional 24-hour F&I department.

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