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A leading credit index slides for the first time in five months, provoking concerns the economy will retreat for the third time in as many years.
Read More →Gerry Gould issues a challenge to F&I managers in his latest Tip of the Week. And, no, he’s not talking about greeting customers in the showroom.
Read More →Fueled by an 18.1 percent increase in total retail sales, Penske Automotive Group achieved it most profitable first quarter in company history.
Read More →Sonic Automotive Inc. reported a 24 percent profit increase in the first quarter, and a record 9 percent increase in same-store revenues.
Read More →Chrysler Group LLC notified Ally Financial Inc. that it will not renew its auto finance agreement with the former captive lender. Officials, however, left open the possibility of a future partnership.
Read More →In a recent blog post on the Consumer Financial Protection Bureau (CFPB) website, the Assistant Director for the Office of Fair Lending and Equal Opportunity said the agency will be paying more attention to non-mortgage loans, and specifically called out auto loans.
Read More →Asbury Automotive Group Inc. achieved an all-time high for first-quarter operating profits, the dealer group reported today.
Read More →Group 1 Automotive Inc. set new records for total gross profit, as well as first-quarter revenue and F&I gross profit per vehicle sold.
Read More →RouteOne's mobile app tools are now compatible with Windows Phone 7, the company announced this week.
Read More →AutoNation Inc. reported increased profitability in each of its business sectors for the first quarter, with revenue up 10 percent and gross profit up 6 percent. F&I gross profit per vehicle sold was up 7.2 percent.
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