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F&Iby StaffJune 9, 2014

EFG Companies Awarded ASE Blue Seal of Excellence

The National Institute of Automotive Service Excellence’s Blue Seal of Excellence signifies the level of expertise and knowledge of repair shop technicians and claims administrators.

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F&Iby Brittany-Marie SwansonJune 9, 2014

7 Financial Organizations Back Disparate Impact Amendment

Seven financial organizations issued a letter to the U.S. House of Representatives on May 29 in support of an amendment to an appropriations bill that would limit Justice Department litigation relying on the disparate impact theory of discrimination.

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F&Iby StaffJune 9, 2014

Average Vehicle Age Remains Steady at 11.4 Years

The combined average age of all light vehicles on the road in the U.S. remained steady at 11.4 years. IHS says the average age is likely to remain at 11.4 years through 2015.

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Auto Financeby StaffJune 7, 2014

SAFCo, PayNearMe Partner to Offer New Payment Options

PayNearMe and Southern Auto Finance Company have partnered to offer borrowers a convenient new way to repay their loans using cash at more than 17,000 participating 7-Eleven, Family Dollar and ACE Cash Express stores.

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F&Iby Brittany-Marie SwansonJune 5, 2014

Dealer Group Posts All-Time Sales Record in May

Sales at Fla.-based Rick Case Automotive Group were up 28% from last year, with Memorial Day weekend sales surpassing all previous weekend sales records.

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F&Iby StaffJune 5, 2014

Total Light Vehicle Sales Increase 11.4% in May, Autodata Reports

The industry SAAR jumped to 16.77 million units, up from last May’s 15.48 million-unit rate and last month’s 16.04 million-unit SAAR.

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F&Iby StaffJune 5, 2014

NAC Appoints Regional Account Development Manager

Chasity D’Angelo is tasked with developing new relationships in several strategic states, as well as working with the company’s leadership team on the core growth initiatives currently underway.

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F&Iby StaffJune 3, 2014

F&I Tip of the Week: Selling Road Hazard Protection

Getting customers to say “Yes” to your road hazard tire-and-wheel program may be as easy as asking them how they feel. United Development Systems’ Gerry Gould explains in F&I’s Tip of the Week.

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Auto Financeby StaffJune 3, 2014

Experian: Average Loan Terms Stretch to Record High

Loan terms in the first quarter 2014 stretched to their highest level since the company began publicly reporting the data in 2006.

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F&Iby StaffJune 3, 2014

NCM Adds 3 Retail Experts

NCM Associates has hired Steven Kain, Chris Kahrs and George Gowen to act as executive conference moderators for the firm's 20 Groups Division.

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