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Auto Finance•by Staff•July 24, 2014

Auto Loan Balances Hit All-Time High, Equifax Reports

The total balance of auto loans reached a record high in the first half of 2014, with auto loans accounting for more than 50% of all non-mortgage lending through April.

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Auto Finance•by Staff•July 24, 2014

Capital One Expands National Sales Team

The finance source has expanded its dealer services business with the addition of three new sales officers.

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Compliance•by Staff•July 22, 2014

RouteOne to Cover Regulator Scrutiny of F&I Products in Upcoming Webinar

RouteOne attorney Joseph Karam and National Business Development Manager Jesse Pappas will discuss the forthcoming scrutiny of F&I products by the CFPB and the FTC during a webinar on July 23.

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F&I•by Staff•July 22, 2014

Joe Verde Releases New eBook

The new eBook explains the 10 technical skills every automotive sales manager needs to help his or her salespeople improve. The eBook is the second in a planned series and is available for free.

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F&I•by Staff•July 22, 2014

CNA National Named Top Provider for Tenth Year

For the tenth year in a row, CNA National was voted a top provider in the Dealers’ Choice Awards, based on a survey conducted by Auto Dealer Monthly.

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F&I•by Staff•July 22, 2014

Portfolio Earns Diamond Ranking in Dealer’s Choice Awards

For the fourth time, Portfolio has received a Diamond Award from Auto Dealer Monthly in its annual Dealer’s Choice Awards.

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F&I•by Staff•July 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&I•by Staff•July 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 Finance•by Staff•July 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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Digital•by Staff•July 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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