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DealerSocket Adds F&I Product Rates to Precise Price
EFG’s Burrow Publishes ‘Chasing Bentleys’
S.C. Dealer Sues Former GM, F&I Manager

S.C. Dealer Sues Former GM, F&I Manager

Hoover Mitsubishi’s Mark Hoover has sued two former employees accused of doctoring auto loan applications, a scheme that led to an FBI raid and the shuttering of the dealership.

August 21, 2019

Lexus Dominates 2019 Resale Value Awards

Lexus Dominates 2019 Resale Value Awards

J.D. Power unveiled its latest Resale Value Awards for mass-market and luxury vehicles, including six model-level awards for Lexus and four more for Toyota.

August 21, 2019

Beverly Hills BMW Sold in Recordbreaking Deal

Beverly Hills BMW Sold in Recordbreaking Deal

The four-acre, 93,000-square-foot Beverly Hills BMW has been sold for $70 million, an amount billed as the highest ever paid to acquire a Los Angeles auto dealership.

August 21, 2019

SMART Payment Plan Adds 30 New Markets
Report: Auto Dealers Stand Out Among Reputation-Dependent Industries
ReconVelocity Aims to Modernize Reconditioning
Portfolio Acquired by Abry Partners

Portfolio Acquired by Abry Partners

Private equity firm Abry Partners has agreed to acquire F&I products and reinsurance programs provider Portfolio from Capital Z Partners.

August 20, 2019

Manheim Boosts Investment in Simulcast Technology
Feds: NIADA’s Gabler, F&I Manager Indicted for Fraud

Feds: NIADA’s Gabler, F&I Manager Indicted for Fraud

Former National Independent Automobile Dealers Association leader Andy Gabler and Chad Bednarski, a finance manager at his Pennsylvania dealerships, were indicted on bank and wire fraud charges by a federal grand jury.

August 20, 2019

3 Ways to Address Opioid Addiction in the Dealership

3 Ways to Address Opioid Addiction in the Dealership

Opioid use and abuse among dealership employees can’t be tolerated, but termination is not the only answer. Attorney offers three tools American business owners are using to confront the opioid crisis in a compassionate and compliant way.

August 19, 2019

Lease Credit Approval Rates Rise to 69.1% in July
MBPI Adds MBP ID Fraud Solutions
EFG Adds Service Contract for EV Buyers

EFG Adds Service Contract for EV Buyers

EFG Companies announced the launch of Motorist Assistance Plan, an exclusionary vehicle service contract designed specifically for buyers of electric vehicles.

August 15, 2019