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More consumers turned to leasing in the fourth quarter, with the transaction type rising to 28.4% of all new vehicles financed in the fourth quarter 2013.
Read More →OwnerGUARD has selected and successfully deployed StoneEagle’s SEcureARCH administration platform for its vehicle service contract and mechanical breakdown products, the two companies announced this week.
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The combined entity of National Auto Care and Family First Dealer Services named Schumacher vice president of finance. He previously served with Allstate Dealer Services.
Read More →DealerSocket’s CRM tool is now integrated with Auto/Mate’s DMS, allowing for real-time, bidirectional updates of customer, vehicle and deal information in both systems.
Read More →The three-store Camper Clinic is now the first Texas RV operation to carry the RV Warranty Forever product, which covers everything from RV suspensions to kitchen centers and LP gas systems.
Read More →Reporting a 19% increase in F&I product sales last year, Kia renews deal with JM&A to continue providing and administering its line for F&I products.
Read More →Organizers of Industry Summit 2014 have announced that the event will be held September 8–10 at Paris Las Vegas. The show now includes the F&I Conference, Special Finance Conference, Dealership Sales & Technology Conference and the P&A Leadership Conference.
Read More →Nine days after the U.S. Chamber of Commerce issued a critical 16-page letter to the CFPB, the NADA sent its own letter to members of the House of Representatives in support of a bill that seeks to ‘restore traditional checks and balances' regarding the bureau’s activities.
Read More →Cars.com analyst predicts that new-vehicle sales in February will be up 1.1% from a year ago. He also put the industry SAAR at 15.4 million — the highest selling rate since February 2008.
Read More →TransUnion reported this week that auto loan debt per borrow increased for the 11th straight quarter, while delinquencies remained below the fourth quarter average observed between 2007 and 2013.
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