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Categories: Compliance, Dealer Ops, Digital, F&I, Showroom
Louisiana Dealers Do Business Face-to-Face

Louisiana Automobile Dealers Association President Will Green believes the dealers in his state succeed by putting their customers and communities first and...

https://www.fi-magazine.com/359423/louisiana-dealers-do-business-face-to-face
Categories: Dealer Ops, Industry, Showroom
October Sales: SAAR Could Hit 17M for 5th Straight Year

The latest report shows U.S. new car dealers are on pace for yet another 17 million-unit year, led by gains at Japanese and Korean factories, increased...

https://www.fi-magazine.com/359344/october-sales-saar-could-hit-17m-for-5th-straight-year
Categories: Compliance, Dealer Ops
Former GM Gets 4 Years, Owes $8M for Embezzlement

Amir Bakhtiari will spend 54 months in federal prison and faces deportation to Iran after pleading guilty to embezzling $6 million by paying phony...

https://www.fi-magazine.com/359327/former-gm-gets-4-years-owes-8m-for-embezzlement
Categories: Dealer Ops, Industry, Showroom
FCA, PSA Reach Tentative Merger Deal

Fiat Chrysler and PSA Group have agreed to join forces to create the world’s No. 4 automaker in a $48 billion deal designed to save the factories billions...

https://www.fi-magazine.com/359317/fca-psa-reach-tentative-merger-deal
Categories: Auto Finance, Dealer Ops, Industry
Fed Triggers Third Interest Rate Cut of 2019

The Federal Reserve has announced its third interest rate reduction since July, this time excluding language committing the central bank to action in...

https://www.fi-magazine.com/359319/fed-triggers-third-interest-rate-cut-of-2019
Categories: Dealer Ops, Industry, Showroom
Report: FCA and PSA in Merger Talks

Bloomberg reports Fiat Chrysler and PSA Group, which includes the Peugeot, Opel, and Citroen brands, could announce a merger as soon as this week, a deal...

https://www.fi-magazine.com/359277/report-fca-and-psa-in-merger-talks
Categories: Auto Finance, Dealer Ops
Ford Credit Rolls Out Discount Car Insurance Program

Ford Motor Credit has launched Ford Insure, a new program underwritten by Nationwide and designed to offer car buyers auto insurance at rates discounted by...

https://www.fi-magazine.com/359111/ford-credit-rolls-out-discount-car-insurance-program
Categories: Compliance, Fixed Ops, Industry, Showroom
Recall Sweep Targets AutoNation Dealerships

The U.S. PIRG Education Fund issued a damning report after finding one in every nine used vehicles for sale at 28 AutoNation-owned locations in 12 states is...

https://www.fi-magazine.com/359096/recall-sweep-targets-autonation-dealerships
Categories: Compliance, Dealer Ops, Fixed Ops, Industry, Showroom
Calif. Dealers Get Warranty Rate Hike, 10-Year Upgrade Intervals, CCPA Exemption

California Gov. Gavin Newsom has signed AB 179, enacting new dealer protections against below-market warranty reimbursement rates and OEM-ordered facility...

https://www.fi-magazine.com/359061/calif-dealers-get-warranty-rate-hike-10-year-upgrade-intervals-ccpa-exemption
Categories: Compliance, Dealer Ops, Industry, Showroom
Sources: Tesla Wants Back in Dealership Game, Seeks Loophole

Electrek reports Tesla CEO Elon Musk wants to open ‘Tesla Centers’ around the U.S., once again challenging rules against direct-to-consumer sales. Sources...

https://www.fi-magazine.com/359045/sources-tesla-wants-back-in-dealership-game-seeks-loophole


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