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Despite incentive spending falling to its lowest level since May 2011, TrueCar estimates October’s SAAR to come in at 14.9 million units, the second highest rate in 2012.
Read More →Group 1 posted a 46 percent increase in its third-quarter profit behind rising new-car sales and record-setting F&I penetration.
Read More →NADA Chairman Bill Underriner warns automakers against intruding into dealers’ businesses with two-tier pricing and mandatory facility upgrades.
Read More →Westlake Financial Services named the top four regional auctions in the third quarter. Taking the top award was ADESA Lexington of Kentucky.
Read More →Stronger new-vehicle sales and a record performance by its F&I operations drove a 15 percent increase in AutoNation’s third-quarter profits.
Read More →Ally Auto will lead an F&I and Showroom-hosted webinar on Wednesday, Nov. 7. It will cover the key elements of a comprehensive F&I plan, and will offer insights on how to increase F&I revenue and net profit.
Read More →Asbury was firing all cylinders during the third quarter, with the 77-rooftop dealer group reporting revenue and profit increases of 14 and 68 percent, respectively.
Read More →“Guaranteed” is a powerful word when making a sale, which is why United Car Care’s F&I Coach recommends ditching GAP's acronym when presenting it to customers.
Read More →Lithia reported higher profits and revenues for the third quarter. Highlights include a 36.4 percent increase in F&I revenues.
Read More →Royal Bank of Canada will acquire Ally Credit Canada Limited and ResMor Trust, Ally Financial announced this week. The sale is expected to close in the first quarter of 2013.
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