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PWI Adds Rideshare Coverage to Service Contracts
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
Bloomberg: FCA Banking Unordered Vehicles, Pressuring Dealers
Buick, Porsche Lead Latest Sales Satisfaction Index

Buick, Porsche Lead Latest Sales Satisfaction Index

J.D. Power analysts ranked Buick and Porsche highest among mass market and highline brands in its latest study dedicated gauging satisfaction and future loyalty among U.S. car buyers.

November 13, 2019

ADESA Adds VirtuaLane Support to Mobile App

ADESA Adds VirtuaLane Support to Mobile App

A new internal integration was designed to facilitate access to all 26 ADESA VirtuaLane locations through the company’s proprietary Marketplace mobile app.

November 13, 2019

NAC Adds New VSC, Ancillaries, Loyalty to Powersports Suite
Protective Enhances RV Service Contract Program
AutoNation, Sonic Set Records as Publics Grow PVR

AutoNation, Sonic Set Records as Publics Grow PVR

All six of America’s big publicly traded dealership groups enjoyed year-over-year gains in F&I profit per vehicle retailed in Q3, led by record highs at AutoNation and Sonic Automotive.

November 7, 2019

Expert: Don’t Ask Veterans These 3 Questions

Expert: Don’t Ask Veterans These 3 Questions

Attorney and former Army officer John Berry advises auto dealers and other business owners to steer clear of three common but highly insensitive questions many ask of military veterans during the hiring process and at the workplace.

November 6, 2019

Commercial Fleet Sales Flying High Again

Commercial Fleet Sales Flying High Again

Sales of vehicles to commercial fleets from nine manufacturers remained robust in October, while sales to government agencies and daily rental companies were sharply lower.

November 5, 2019

DOWC, PassTime Partner to Boost F&I Sales

DOWC, PassTime Partner to Boost F&I Sales

Dealer Owned Warranty Company and PassTime have teamed up to give dealers additional opportunities to sell protection products for vehicles with PassTime GPS devices.

November 4, 2019

October Sales: SAAR Could Hit 17M for 5th Straight Year
Used Trucks Lost More Value Than Sedans in October
Maybee Named President of NextGear Capital

Maybee Named President of NextGear Capital

Ten-year auto finance veteran Scott Maybee has been named president of NextGear Capital after serving as general manager of Manheim Northstar Minnesota.

November 4, 2019