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First Investors Financial Service Group was charged with providing inaccurate information to credit reporting agencies due to a known computer glitch. The finance company was ordered to pay a fine and identify and correct affected consumer credit profiles.
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Two panels scheduled for F&I and Showroom’s newest education track will focus on how dealers are connecting today’s Internet shopper to their in-store processes.
Read More →The Nissan Altima was the most stolen 2013 model last year, while the Honda Accord and Civic took the top two spots on the National Insurance Crime Bureau’s list of most stolen vehicles.
Read More →The total dollar amount of automotive loan balances outstanding hit $839.1 billion in the second quarter of 2014, up 11.7% from the previous year. Officials said the industry should watch this trend closely, as it may dictate the availability of credit in the future.
Read More →Thanks to an agreement between the Chicago Automobile Trade Association and Scout Automotive Marketing, Scout’s Trade Express trade-in valuation tool will now be available on the DriveChicago.com site. The tool provides trade values for vehicles using data sourced from the NADA Guides.
Read More →The deadline to enter F&I and Showroom's F&Idol contest has been extended to Monday, Aug. 25. At stake is up to $3,500 in prize money and a trip to Industry Summit 2014.
Read More →Wise F&I has announced electronic integration with VisionMenu, which supports streamlined eContracting during the menu-driven selling process.
Read More →In July, the finance source reached a milestone of $2 billion in total receivables with more than 270,000 customer accounts. It was the best July production in Westlake's history.
Read More →The U.S. Department of the Treasury plans to wind down its investment in Ally Financial by selling additional shares of common stock through its first pre-defined written trading plan. The Treasury current holds about 16% of Ally common stock.
Read More →California continues to outpace national new-car sales growth, according to a report from the California New Car Dealers Association. The state’s sales are on track to approach 1.8 million new units.
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