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Asbury Acquires Park Place in $1B Deal

Asbury Acquires Park Place in $1B Deal

Asbury Automotive has agreed to acquire the Park Place group of dealerships, adding 17 Texas rooftops and raising Asbury’s highline revenue to approximately 50% of its total.

December 12, 2019

GSFSGroup Names Hurley CFO and VP

GSFSGroup Names Hurley CFO and VP

Former Allstate Dealer Services executive Michael Hurley has been named CFO and vice president of finance and planning for GSFSGroup.

December 11, 2019

U.S. Dealers Remain Optimistic Despite External Threats
IAS Acquired by iA Financial for $720M

IAS Acquired by iA Financial for $720M

iA Financial Group announced the acquisition of IAS, an F&I products and services provider that counts 4,300 dealers in all 50 U.S. states.

December 6, 2019

Q3 Auto Finance: Used Accounts for 55% of Loans
November Auto Loan Interest Rates Hit 21-Month Low
Discounts, Incentives Stabilize New Vehicle Prices in November
Frontier Leads Early Wave of Lease Price Drops
UDS Acquires Dealer Marketing Link
Report: Spike in Wholesale Volume Hurts Pre-Owned Values
RepairPal Shops to Perform DOWC Service Contract Repairs
Telluride Wins Best New Model in 2020 Best Buy Awards
Experts Urge Dealers to Unite Sales and F&I

Experts Urge Dealers to Unite Sales and F&I

Learn how empowering sales to advocate for F&I promotes trust and transparency in the car buying process and maximizes the sale of protection products.

November 18, 2019

Auto Loans and Leases Up 1% in Q3

Auto Loans and Leases Up 1% in Q3

The Federal Reserve reports U.S. car buyers borrowed $159 billion in the third quarter, a modest gain powered by a 6% increase in originations to prime credit customers.

November 14, 2019

Ford Credit Tops All Finance Sources in Customer Satisfaction