FI showroom red and grey logo
MenuMENU
SearchSEARCH

News

Auto Financeby StaffOctober 7, 2015

Wells Fargo Dealer Services Opens Houston Business Center

Wells Fargo Dealer Services has opened its second regional business center in Houston — its fifth in Texas. The new center will serve approximately 100 dealerships in the region.

Read More →
F&Iby StaffOctober 7, 2015

Reynolds Releases F&I Legal Library for Washington Dealers

Reynolds Document Services has released the Reynolds LAW Washington F&I Library, a comprehensive catalog of standardized, legally reviewed F&I documents available to new car and truck dealers in the state of Washington.

Read More →
Auto Financeby StaffOctober 7, 2015

Q3 Used-Car Market Remains Strong, Manheim Reports

Used-vehicle prices were up nearly 3% in the third quarter from a year ago, according to Manheim’s Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season.

Read More →
Ad Loading...
Showroomby StaffOctober 6, 2015

Hacked Cars Could Spread Malware Via Dealers, WIRED Reports

At a hacker conference last month, security consultant Craig Smith said a malware-infected vehicle coming in for service could potentially infect a dealership’s testing equipment, which would in turn spread the virus to every vehicle a dealership services.

Read More →
Showroomby StaffOctober 6, 2015

Consumers Down on VW Brand, Diesel-Powered Vehicles, Survey Shows

Not only do more than half of consumers on Kelley Blue Book and Autotrader have "complete" or "general mistrust" of the Volkswagen brand in the wake of its emissions scandal, 30% of users of both sites are less likely to consider a diesel-powered vehicle.

Read More →
F&Iby StaffOctober 6, 2015

National Auto Care Execs Make ‘40 Under 40’ List

National Auto Care Corp. COO Christina Schrank and Regional Sales Manager Spencer Wanderon have both been honored as young leaders in the automotive and insurance industries by Agent Entrepreneur Magazine.

Read More →
Ad Loading...
F&Iby Gregory ArroyoOctober 1, 2015

BMO Harris Bank’s Auto Business Exiting 12 States

The Chicago-based bank notified dealers in approximately 12 states that it’s refocusing its indirect auto business to its core market states, including Illinois, Wisconsin, Indiana, Minnesota, Kansas, Missouri, Arizona and Florida.

Read More →
F&Iby StaffOctober 1, 2015

Cox Completes Acquisition of Dealertrack

Dealertrack unloaded its inventory management solution today, clearing the way for Cox Automotive to complete its acquisition of the software maker. The announcement comes a day after the Justice Department challenged the merger between the two software giants.

Read More →
F&Iby StaffOctober 1, 2015

Westlake Expanding Dallas Servicing Team

This week, Westlake Financial Service began its recruitment process as part of its plans to expand the servicing team in its Dallas production center, which opened its doors this past January.

Read More →
Ad Loading...
Auto Financeby StaffOctober 1, 2015

CFPB Takes Action Against Westlake and Its Title-Lending Subsidiary

The bureau ordered the subprime auto finance source and its subsidiary to pay a $4.25 million civil penalty for illegal debt-collection tactics and $44.1 million in consumer redress.

Read More →