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Auto Financeby StaffFebruary 14, 2013

Honda, Acura Take Top Prizes at ALG Canadian Residual Value Awards

Honda and Acura were the big winners, but the Cadillac ATS made big gains in ALG's Canadian Residual Value Awards.

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F&Iby StaffFebruary 12, 2013

Total Auto Loans, Balances at 40-Month Highs, Equifax Reports

The credit reporting agency reported that balances on outstanding loans are at a 48-month high, while the total number of existing loans reach a 42-month high.

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F&Iby StaffFebruary 12, 2013

Dealertrack Unveils Mobile F&I Menu at NADA 2013

DealerTrack rolled out two mobile tools at the industry’s annual get-together, showcasing a mobile F&I menu for the iPad and a new mobile DMS reporting tool.

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F&Iby StaffFebruary 12, 2013

NADA’s Underriner: Factory Top-Down Control Never Works

The NADA's outgoing chairman says two critical issues this year will be factory-initiated dealership renovation programs and stair-step pricing.

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F&Iby StaffFebruary 12, 2013

NADA Economist: Industry to Sell 15.4 Million New Vehicles in 2013

The NADA’s Paul Taylor predicted at the association’s annual conference that the industry will deliver more than 15.4 million new vehicles this year, as the average age of vehicles and an improving economy are expected to drive a million-unit increase from 2012.

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F&Iby StaffFebruary 12, 2013

FordDirect, Ford Motor Co. Name Internet Dealer of the Year

Ford Direct, in partnership with Ford Motor Co., named Hines Park Ford and Lincoln as its Internet Dealer of the Year. This is the fourth year in a row the Plymouth, Mich.-based dealership won the distinction.

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F&Iby StaffFebruary 12, 2013

700Credit Announces Integration Partnership with ADAM Systems

700Credit has integrated its web-based credit reporting system into ADAM Systems' new DMS. The new connection will also provide dealers with access to 700Credit's compliance and consumer information products.

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F&Iby StaffFebruary 12, 2013

Michael Alford Named TIME Dealer of the Year

Alford, president of Marine Chevrolet in Jacksonville, N.C., was named the 2013 Time Dealer of the Year. Ally Financial, the sponsor of the award, will provide charitable grants to the winner and three finalists to support community causes.

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F&Iby StaffFebruary 12, 2013

Hudson Cook Adds Thomas J Buiteweg as Partner

The former legal counsel for Ally Bank returns to the legal firm, and will focus his practice on federal and state consumer financial services laws.

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F&Iby StaffFebruary 12, 2013

American Financial Launches Dealer Compliance Initiative

F&I company rolls out robust compliance program designed to help dealerships understand and train their teams on their legal obligations.

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