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F&Iby StaffJuly 22, 2014

Gould to Address Cash, Lease Deals

Gerry Gould returns to the magazine’s annual conference to lead a workshop on maximizing cash and lease deals in the F&I office. He’ll offer product recommendations, break down ideal menu configurations and will cover key word-tracks and responses to common customer objections.

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F&Iby StaffJuly 22, 2014

GM Brings ‘Closed Sales’ Back to Two Manheim Facilities

General Motors is bringing back closed sales to Manheim Arena Illinois and Manheim Pennsylvania. These sales are designed to help GM dealerships build their pre-owned vehicle inventories.

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Auto Financeby StaffJuly 22, 2014

Depreciation Nearing Recession Levels, Black Book Reports

Depreciation rates on used vehicles are nearing levels not seen since the recession, but the trend is expected to reverse, leading to marginally higher losses for U.S. auto ABS, according to a new joint report from Black Book and Fitch Ratings.

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Digitalby StaffJuly 22, 2014

Honda Adds Experian as Vehicle History Report Provider

American Honda Motor Co. has selected Experian Automotive as a provider of vehicle history reports for its Honda Certified Pre-Owned Vehicles and Acura Certified Pre-Owned Vehicles programs.

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F&Iby StaffJuly 18, 2014

ADM Names 2014 Dealers’ Choice Award Winners

This year’s contest asked readers to vote for their favorite vendors in 27 categories. Some categories only had one or two winners, while no winners were named in the Reputation Management and Social Media Management categories.

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Complianceby Brittany-Marie SwansonJuly 17, 2014

Credit Union Pulls Ad Campaign Slamming Rate Markups

Almost a month after launching a campaign critical of rate markups, Space Coast Credit Union has pulled all ads and associated videos. The campaign had compared rate markups to a restaurant charging customers more for food based on arbitrary physical features.

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Auto Financeby Gregory ArroyoJuly 17, 2014

CU Direct Credit Unions Post 25.4% Increase in Q1 Originations

CUDL Credit Unions became the fourth largest lending segment in the first quarter, growing their origination count by 25.4%.

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Digitalby StaffJuly 17, 2014

Wise F&I Integrates ONWise With F&I Express

Wise F&I announced online integration of its contract administration portal with F&I Express. The connection will allow dealers to provide online contract origination for multiple product providers, including Wise F&I’s suite of F&I products.

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F&Iby StaffJuly 17, 2014

Fidelis PPM Partners with National Auto Care

National Auto Care will now offer a white-labeled version of Fidelis PPM's prepaid maintenance program as part of its F&I product roster.

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Complianceby Brittany-Marie SwansonJuly 17, 2014

‘King of Lemon Laws’ Celebrates Tesla Settlement

Attorney Vince Megna celebrated the $126,836 settlement he reached with Tesla on behalf of a Wisconsin man by posting a humorous video to his YouTube channel. It was the first lemon law case brought against the electric-vehicle maker.

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