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F&Iby StaffMay 16, 2013

F&I Administration Announces Integration With PayLink

F&I Administration Solutions LLC announced the integration of PayLink Payment Plans financing services into its dealer electronic rating and electronic contracting solution.

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F&Iby StaffMay 16, 2013

Tesla Motors Issues More Stock to Repay Energy Department

Tesla Motors is offering common stock and convertible senior notes to repay a loan received from the Department of Energy. The offerings are being led by CEO Elon Musk.

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F&Iby StaffMay 16, 2013

NADA: Auction Prices for Full-Size Pickups Up 7 Percent

In the first four months of 2013, auction prices for full-size pickup trucks rose nearly 7 percent.

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Digitalby StaffMay 16, 2013

2 Dealers Receive Dataium’s Web Awards for April

Ron Carter Hyundai and Antwerpen Hyundai Catonsville have each received an award from Dataium for the month of April.

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F&Iby StaffMay 16, 2013

TransUnion, Carfax Partner to Help Finance Sources Measure Risk

TransUnion and Carfax have partnered on a new vehicle history scoring model designed to help finance sources predict credit risk on auto loans.

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F&Iby StaffMay 16, 2013

TrueCar Pulls from Hearst Media for New CTO

TrueCar hires Mike Dunn as its new chief technology officer. He most recently served as CTO for Hearst Interactive Media, and has held similar positions with Time Warner and Dell Online.

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F&Iby StaffMay 16, 2013

AAGI Names New President

American Guardian named Tim Brugh as its new president. He succeeds Al Ranieri, who will now serve as the company’s chairman of the board.

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Auto Financeby StaffMay 14, 2013

[Video] Tip of the Week: Lender 'Callbacks' Shouldn't Dictate F&I Presentations

United Development Systems’ Gerry Gould has been on the “dictate your own destiny” kick of late, and he continues hammering home his message this week with a few words on how to proceed when the finance source gives you a “Line 5” call.

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F&Iby StaffMay 14, 2013

Marquet Intl.: Auto-Related Embezzlement Cases on the Rise

Marquet International released its annual white collar fraud and embezzlement report today. The report reveals that more automotive employees are embezzling than in previous years.

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F&Iby StaffMay 14, 2013

N.J. Dealer Sues Chrysler

Lucas Chrysler Jeep Dodge Ram has filed a lawsuit against the automaker for terminating its franchise agreement after the dealer failed to make expensive renovations to its facilities.

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