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Fueled by falling gas prices and record new-vehicle sales, Wells Fargo originated a record $31 billion in auto loans for 2015.
Read More →According to the vehicle pricing firm, Volkswagen diesel models are already showing higher depreciation than their comparable gasoline-powered models.
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This year’s F&I Pacesetters consist of operations from Florida, Indiana, Kansas, North Carolina and Pennsylvania. One of them will be named the 2015 F&I Dealer of the Year during a ceremony at the magazine's annual conference at the Paris Las Vegas on Thursday, Sept. 10.
Read More →Edmunds.com has opened registration for its Used+ used-car sales program, which offers shoppers a vehicle-protection plan and a $200 gas card. Asked if the program might lead Edmunds into F&I product sales, a spokesperson said '... It is an option we would be open to exploring.'
Read More →Two auto dealers in Las Vegas agreed to settle FTC charges that they used deceptive ads to promote the sale or leasing of their vehicles, including advertising heavily discounted prices that were not generally available to consumers.
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FCA US has reduced its powertrain coverage for 2016 model-year gasoline-powered vehicles. General Motors also made a change to its powertrain warranty earlier this year.
Read More →Decreases in gas prices and finance charges related to auto loans fueled the decline, but rises in maintenance and tire replacement costs make F&I protections an important consideration for vehicle owners.
Read More →Larger cars were more in demand this tax season, potentially as a result of low gas prices and improved overall strength in the broader economy.
Read More →The National Automobile Dealers Association maintained its 16.94 million-unit prediction for new-vehicle sales in 2015. The association’s chief economist said the trade group is revising its outlook for the Fed raising rates, as low oil and gas prices continue to limit inflation.
Read More →Justin Gasman, who was named the 2014 F&Idol winner, recently attained master certification from the Association of Finance and Insurance Professionals.
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