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F&I•by Staff•June 17, 2013

IHS to Acquire R.L. Polk & Co. for $1.4B

IHS signs definitive agreement to acquire the market research firm and its subsidiary, Carfax. The addition of Polk would put IHS at center of today’s most critical business decisions for the automotive industry.

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F&I•by Staff•June 17, 2013

Ohio Woman Pleads Guilty to Tax Fraud After Embezzling From Dealer

An Ohio woman pled guilty to tax fraud after embezzling more than $500,000 from her previous employer, according to WTRF.

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F&I•by Staff•June 17, 2013

Mo. Woman Charged With Embezzling $88K From Dealer

According to the Associated Press, a Missouri woman was charged with embezzling more than $88,000 from her former employer, Frank Fletcher Ford.

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F&I•by Staff•June 13, 2013

Edmunds.com Sheds New Light on Car Shopping Trends and Behaviors

Edmunds.com found that car buyers spent an average of $30,803 on new-car purchases last year. This data closely mirrors what 2011 survey participants anticipated to be spending in the future.

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F&I•by Staff•June 13, 2013

Wholesale Prices Continued to Fall in May, Kontos Reports

The year-over-year drops in wholesale prices in February, March and April continued in May, with wholesale prices dropping 2.8 percent vs. April and 4.5 percent from a year ago.

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Compliance•by Staff•June 13, 2013

Ohio Attorney General Sues Used-Car Dealers

Boasko's Rt 4 Automall LLC and Buyers Choice Cars are facing lawsuits after the Attorney General paid out more than $56,000 from a Title Defect Rescission fund to resolve consumer complaints against the dealerships.

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F&I•by Staff•June 13, 2013

ADP Dealer Services Launches Hosted Video Service

ADP Dealer Services will now offer dealers cloud-delivered video services. The new solution will use plug-and-play desktop solutions from Polycom Inc.

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F&I•by Staff•June 13, 2013

NADA: Used-Vehicle Prices Drop, But Remain at Elevated Levels

Rising supply and steady demand is keeping used-vehicle price fluctuations under control, Edmunds.com finds.

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F&I•by Staff•June 13, 2013

Lexus Partners With MyDealerLot

Lexus will provide dealers with MyDealerLot automated guest recognition technology to bridge sales and service operations and drive a better customer experience.

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Auto Finance•by Staff•June 13, 2013

Deadline for 2013 F&Idol Contest Is This Friday

The deadline to submit entries for the 2013 F&Idol contest is this Friday, August 9. On the line is $3,500 in cash, as well as a trip to Industry Summit 2013.

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