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F&Iby StaffJune 12, 2012

Total Dealer Revenue Topped $609 Billion in 2011, the NADA Reports

The typical dealership generated $785,855 in pretax profit, according to the association’s annual performance report, which showed strong gains in F&I and service-contract dollars.

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F&Iby StaffJune 12, 2012

Michael Clause Joins AAGI Team

American Auto Guardian Inc. (AAGI) announced that Michael Clause has joined the company's sales team as regional vice president of the Western Region.

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F&Iby StaffJune 12, 2012

UDS Celebrates 30 Years in Business

United Development Systems Inc. (UDS) is celebrating 30 years in the F&I performance arena.

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F&Iby StaffJune 12, 2012

Former Car Dealer Indicted for Bank Fraud

Oklahoma resident and former used-car salesman faces charges for bank fraud and failure to satisfy car loan payments with credit union.

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F&Iby StaffJune 12, 2012

Auto/Mate Launches Third-Party DMS Integration Program

The DMS provider’s Open/Mate program will allow third-party vendors to fully integrate with its dealer system.

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F&Iby StaffJune 12, 2012

Federal Agencies to Coordinate Regulatory Efforts

Five federal supervisory agencies signed a memorandum of understanding that clarifies how the agencies will coordinate their supervisory activities under the Dodd-Frank Act.

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F&Iby StaffJune 12, 2012

FTC Charges First Dealer With GLB Privacy Violations

The Federal Trade Commission reached settlements with a dealer and a software company after the federal regulator charged them with exposing consumer information through peer-to-peer, file-sharing software.

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F&Iby StaffJune 12, 2012

LEAP Suspends Lease Originations

The auto lease company that helps consumers with credit difficulties has suspended originations due to capital constraints.

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F&Iby StaffJune 12, 2012

NCM Forms 10 New 20 Groups

NCM Associates launched 10 new 20 Groups, two of which are scheduled for June launch dates.

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F&Iby StaffJune 12, 2012

DealerBuilt Adds Dick Hannah Dealerships

The DMS maker announced that it has added one of the largest privately owned dealer groups in the Northwest to its client list.

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