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F&Iby StaffJuly 30, 2014

NADA Releases New Video on Dealer Franchise Laws

In order to provide policymakers and journalists with information about the franchised new-car dealer model, the NADA has added a new animated video to its “Get The Facts” initiative.

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Digitalby StaffJuly 30, 2014

Dealertrack Partners With Element Payment Services

Using Element Payment Services, Dealertrack Technologies will seamlessly integrate electronic payment processing into Dealertrack DMS 2.0.

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Digitalby StaffJuly 29, 2014

Kia, Volkswagen Influence Shoppers During World Cup

Kia and Volkswagen each increased the number of searches for their brands on KBB.com by 18% during the World Cup.

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F&Iby StaffJuly 29, 2014

Auto/Mate Honored With Platinum Award in Dealers' Choice Awards

This year marks the first time Auto/Mate was recognized in Auto Dealer Monthly’s annual award program, with the tech firm earning the contest’s Platinum award in the DMS Provider category.

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Auto Financeby StaffJuly 29, 2014

J.D. Power: Dealers Will Pay Premium for Good Service from Lenders

Sixty-six percent of dealers who were surveyed indicated that they are willing to pay as much as an additional 0.50 to 0.60 basis points on their loan terms to receive good service from their lenders.

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F&Iby StaffJuly 29, 2014

UDS Named 2014 Dealers’ Choice Winner for F&I Training

United Development Systems was named a Diamond Award Winner for F&I Training in Auto Dealer Monthly’s Dealers’ Choice Awards. The achievement marks the ninth time in 10 years the firm received top honors in the contest.

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F&Iby StaffJuly 29, 2014

AFS Acceptance Names VP of Loan Production

Effective Aug. 4, Michael Thacker will preside over all operations for the Underwriting, Funding and Dealer Services departments within the company.

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Asbury Reports Record Second Quarter

The dealer group reported a 21% increase from last year’s adjusted income from continuing operations, as well as a 12% increase in total gross profit.

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Auto Financeby Gregory ArroyoJuly 29, 2014

Group 1 Posts 12.3% Increase in F&I Revenue

The dealer group’s U.S. F&I operations raised its per-copy average $91 to $1,442 in the second quarter. On a year-to-date basis, the group's per-copy average rose $128 from a year ago to $1,499.

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Auto Financeby Gregory ArroyoJuly 24, 2014

AutoNation Discusses CFPB, Digital Push

AutoNation reported during its second-quarter investor call that it has installed the NADA’s Fair Credit Compliance Program in nine stores. Officials also provided an update on the company’s digital push.

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