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Good Recruiting Today Could Save Your F&I Department Tomorrow
Fed Cuts Interest Rates Again, Stock Market Responds

Fed Cuts Interest Rates Again, Stock Market Responds

Stock are on the rise following the second quarter-point reduction to the federal funds rate in less than two months. No further cuts are planned for this year or next, guaranteeing further pressure from the White House.

September 19, 2019

Digital Is Great, Until It’s Not

Digital Is Great, Until It’s Not

Switching to a digital menu has its benefits, but dealers can’t expect it to deliver on its promise without a plan of action.

October 16, 2018

Cox Automotive Acquires F&I Express

The unified companies will leverage a vast network of F&I product providers and new technology to innovate for dealers, agents, providers, and lenders.

October 1, 2018

Cox: September Sales to Decline 7.2% From Year-Ago Levels

Cox: September Sales to Decline 7.2% From Year-Ago Levels

Despite the expected volume decline, the firm put September’s seasonally adjusted annual sales rate at a healthy 17.1 million, down from last September’s 18.1 million SAAR. The company said higher interest rates and talks of tariffs may be having some pull-ahead impact in the market.

September 26, 2018

Cox Automotive’s O’Neil to Retire in February

Cox Automotive’s O’Neil to Retire in February

The tech firm confirmed this week reports that COO Mark O’Neil plans to retire this February. He’ll depart almost four years after Cox’s acquisition of Dealertrack, a company he led as CEO for about 14 years.

September 25, 2018

DealShield Launches 30-Day Return Guarantee

Responding to dealer feedback, the Cox Automotive brand has added a 30-day return option to its DS360 wholesale risk management offering. The guarantee is now available at 100 auction sites, guaranteeing 1.3 million vehicles.

September 20, 2018

Autotrader, Kelley Blue Book Team With LendingTree
Transparency Wave Rolling Into F&I

Transparency Wave Rolling Into F&I

Digital retailing invaded the Las Vegas Convention Center in late March for NADA 2018, but its arrival did little to bring clarity to F&I’s cloudy future.

May 7, 2018

Cox Automotive: Dealers Optimistic About Q1 2018

Cox Automotive: Dealers Optimistic About Q1 2018

The fourth-quarter reading of the Cox Automotive Dealer Sentiment Index shows dealers are optimistic about the next three months. Concerns about price pressure and showroom traffic persist.

December 11, 2017

Dealers More Optimistic About Used-Car Market vs. New

Dealers More Optimistic About Used-Car Market vs. New

Sentiment speaks to recent auto finance data showing prime and superprime car buyers shifting toward used, where the average monthly payment was $139 less than the record $504 average monthly payment for new in the second quarter.

September 22, 2017

Industry Summit 2017: Cox Automotive Exec to Delve Into F&I’s Future
Manheim Index Reaches Record High in June

Manheim Index Reaches Record High in June

It was the second consecutive month that Manheim Used Vehicle Value Index reached a record high. Officials said strong retail demand for recent model-year used vehicles is encouraging dealers to buy more vehicles at auction, and the increased demand is more than offsetting the high supply.

July 10, 2017

The Digital Evangelist

The Digital Evangelist

Cox Automotive’s Mark O’Neil talks to the editor about MakeMyDeal’s future, digital retailing, and the fate of the F&I office.

June 9, 2017