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Categories: Dealer Ops, Industry, Showroom
SAAR Fails to Crack 17M Despite Record August Sales

U.S. sales of new cars and light trucks fell 1.2% year-over-year in August, a sales month that extended through the Labor Day weekend and set new records...

https://www.fi-magazine.com/358123/saar-fails-to-crack-17m-despite-record-august-sales
Categories: Dealer Ops, Industry, Showroom
Fiat Deletes 500 From North American Lineup

2019 marks the last model-year for the Fiat 500, 500e, and 500 Abarth in the U.S. and Canada, ending a 10-year production run and leaving the 500X CUV,...

https://www.fi-magazine.com/358091/fiat-deletes-500-from-north-american-lineup
A Life of Crime at the Heights of Success

The long list of offenses committed by dealers and other highly successful people proves desperation is not the only cause of criminal behavior.

https://www.fi-magazine.com/357991/a-life-of-crime-at-the-heights-of-success
Categories: Auto Finance, Dealer Ops, F&I, Industry
Mazda Turns to Toyota for Captive Financing

Toyota Motor Credit will offer loans, leases, and F&I products to Mazda’s U.S. dealers and customers, replacing the JPMorgan Chase-backed Mazda Capital...

https://www.fi-magazine.com/358021/mazda-turns-to-toyota-for-captive-financing
Categories: Dealer Ops, Digital, Industry, Showroom
Volvo Adds Dealer Inventory to Subscription Program

Volvo dealers will soon be allowed to pull new vehicles off their lots and into the Care by Volvo sub service, a significant change that leads a list of...

https://www.fi-magazine.com/358011/volvo-adds-dealer-inventory-to-subscription-program
Categories: Compliance, Dealer Ops, Fixed Ops
Mazda Dealer Faces Termination Over Warranty Work

Mazda has attempted to cancel its franchise agreement with a Texas dealer for failing to complete Takata airbag recall orders. The matter will be decided in...

https://www.fi-magazine.com/357972/mazda-dealer-faces-termination-over-warranty-work
Categories: Auto Finance, Compliance, Dealer Ops, Industry
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...

https://www.fi-magazine.com/357942/s-c-dealer-sues-former-gm-fi-manager
Categories: Dealer Ops, Showroom
Days’ Supply Hits 71 on Weaker Sales

The latest report from the Automotive News Data Center finds U.S. franchised dealers were sitting on nearly 3.8 million new units as of Aug. 1, a 27-year high.

https://www.fi-magazine.com/357856/days-supply-hits-71-on-weaker-sales
Categories: Compliance, Dealer Ops, Fixed Ops
Va. Parts Manager Faces 20 Years for Embezzlement

A former dealership employee was accused of systematically scrapping nearly $250,000 worth of catalytic converters and selling them to a recycling center...

https://www.fi-magazine.com/357854/va-parts-manager-faces-20-years-for-embezzlement
Categories: Dealer Ops, Showroom
Nissan Takes Step Back in Full-Size Truck Market

Nissan will end production of the diesel V-8 variant of the Titan XD in December after failing to capture more than a fraction of U.S. full-size pickup...

https://www.fi-magazine.com/357821/nissan-takes-step-back-in-full-size-truck-market


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