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Auto Finance•by Staff•June 27, 2013

Deadline to Submit F&I Dealer of the Year Nominations Is This Friday

The deadline to submit a nomination for the 2013 F&I Dealer of the Year award is this Friday. The award will be handed out on Sept. 17 at Industry Summit 2013.

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F&I•by Staff•June 25, 2013

NH Gov. OKs Dealer Bill of Rights Amendment

Today, New Hampshire Governor Maggie Hassan signed into law legislation that amends the state's Dealer Bill of Rights. The bill limits OEM-prescribed facility upgrades to every 15 years, among other provisions.

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F&I•by Staff•June 25, 2013

CNW: Average Age of Primary Drivers Drops Again

CNW’s June retail automotive summary reveals the average age of new-vehicle primary drivers fell to its lowest level since 2005, a sign that younger buyers are entering the market.

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F&I•by Staff•June 25, 2013

AutoUSA Offers Shop-By-Payment Tool

AutoUSA’s newest tool caters to today’s payment buyer, as the firm aims to offer a new way to shop on auto dealer websites.

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Compliance•by Staff•June 25, 2013

House Republicans Call CFPB Agenda a ‘Loss to Consumers’

Thirty-five congressional republicans warn the bureau that reforms it seeks in the auto finance industry could weaken marketplace competition and hurt a consumer’s ability to obtain the best financing terms.

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F&I•by Staff•June 25, 2013

CNW: Deliveries to Rise 9 Percent in June

According to CNW Research’s latest findings, June deliveries are expected to jump 9 percent to 1.4 million units.

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F&I•by Staff•June 25, 2013

Big Summer Expected for New-Vehicle Sales, J.D. Power and LMC Predict

The automotive retail market is expected to close out the first half on a positive note, and the two market research firms believe the momentum should carry through the summer.

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F&I•by Staff•June 25, 2013

ChannelNet Renews Relationship With BMW Financial Services

The marketer now lists five of the Top 10 captives as users of its services, which include connecting brands to customers through a variety of online channels.

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F&I•by Staff•June 25, 2013

Auto Industry Adds 1,300 Jobs in May, ADP Reports

According to a new report from the ADP Research Institute, the auto parts and dealer industries accounted for 410 of the jobs added last month, while gasoline and auto repair industries added 710 jobs in May. The rental industry added 210 jobs.

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F&I•by Staff•June 20, 2013

CFPB’s Hackett to Depart Bureau

A spokesperson with the CFPB confirmed yesterday that Rick Hackett will depart the bureau later this summer. He was hired in May 2011 to oversee installment lending markets, including auto finance.

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