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F&I•by Staff•November 4, 2014

Automotive Credit Corp. Joins AppOne Platform

Automotive Credit Corp. is now on Wolters Kluwer Financial Services’ AppOne platform, allowing it to automate credit approval and compliance processes.

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Compliance•by Brittany-Marie Swanson•November 4, 2014

Competition Driving Increased Risk in Auto Finance, Regulator Says

A representative of the Office of the Comptroller of the Currency says competition is forcing finance sources to take bigger risks. He warns that the regulator will continue to monitor the market.

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Auto Finance•by Staff•November 4, 2014

SUV Sales Push Transaction Prices Higher

On the strength of SUV sales, average transaction prices for light vehicles rose slightly in October. Leading the way was Ford and its F-Series line of trucks.

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Compliance•by Staff•November 3, 2014

Florida Speakers Headline Compliance Summit

Ted Smith, president of the Florida Automobile Dealers Association and Alex Kurkin, a well-known attorney and veteran dealer advocate with Kurkin Brandes, will open the inaugural Compliance Summit in Hollywood, Fla., on Nov. 10.

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Auto Finance•by Staff•October 30, 2014

CNW Expects Solid Increase in October Sales

Floor traffic, closing rations and subprime approvals are all up so far this month, according to CNW Research. It believes the gains bode well for 2015 sales.

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Digital•by Staff•October 30, 2014

Edmunds Buys Dealer Texting Startup

Edmunds.com has acquired mobile startup CarCode, a service that lets customers and dealers engage in one-on-one text messaging. It is the first acquisition for the online car-shopping website.

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Auto Finance•by Brittany-Marie Swanson•October 30, 2014

AutoNation to Cut Spending on Third-Party Lead Providers

The dealer group reported this week that its F&I operations achieved a record per-copy average of $1,401 in the third quarter. Officials also announced plans to cut spending on third-party lead providers 'every quarter' in order to invest in its own online presence.

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F&I•by Staff•October 29, 2014

NCM Sponsors 2015 Best Training Day Ever Event

For the third consecutive year, NCM Associates is sponsoring the Best Training Day Ever, a one-day event featuring panels with some of the industry’s top trainers.

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Digital•by Staff•October 29, 2014

Braman Motorcars Implements LoJack Inventory Management

The South Florida dealer group has deployed LoJack’s inventory management system, which officials said will help deliver an accurate location of vehicle inventory across multiple lots.

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Auto Finance•by Staff•October 28, 2014

Benoit Honored With Auto Finance Excellence Award

The senior partner at Hudson Cook and columnist for F&I and Showroom was honored on Oct. 7 at an auto finance conference in Las Vegas.

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