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Categories: Auto Finance, Compliance, Industry
DOJ Settles Nissan Captive Case for $3M

The U.S. Department of Justice announced Nissan Motor Acceptance will pay $3 million to settle charges that it unlawfully repossessed 113 vehicles belonging...

http://www.providers-administrators.com/357772/doj-settles-nissan-captive-case-for-3m
Categories: Dealer Ops, Industry, Showroom
SAAR Dips to 16.6M in Watershed Sales Report

July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted...

http://www.providers-administrators.com/357726/saar-dips-to-16-6m-in-watershed-sales-report
Categories: Dealer Ops, F&I, Product & Technology
AutoNation Nears $2,000 PVR as Big Groups Grow F&I

The nation’s six largest publicly traded dealer groups all increased F&I profit per vehicle retailed in the second quarter, led by AutoNation’s $1,926 per...

http://www.providers-administrators.com/357717/autonation-nears-2-000-pvr-as-big-groups-grow-fi
Categories: Auto Finance, Dealer Ops, F&I, Industry
Cornered Fed Announces First Rate Cut Since 2008

Facing new global realities and pressure on multiple fronts, the Federal Reserve cut interest rates for the first time in more than a decade in an attempt...

http://www.providers-administrators.com/357714/cornered-fed-announces-first-rate-cut-since-2008
Categories: Dealer Ops, Industry, Showroom
Price Hike: Tesla Drops Base Models

The starting prices for the Model X SUV and Model S sedan went up nearly $5,000 overnight following the abrupt deletion of their ‘standard range’ variants...

http://www.providers-administrators.com/357519/price-hike-tesla-drops-base-models
Categories: Product & Technology
Digital F&I Is in a Race Against Time

P&A caught up with Axiom’s Michael Reth following his presentation at the inaugural Technology Challenge.

http://www.providers-administrators.com/357531/digital-fi-is-in-a-race-against-time-2
Categories: Compliance, Dealer Ops, Fixed Ops, Industry, Showroom
Calif. Dealer Wins $15.8M in Toyota Lawsuit

An Orange County jury found in favor of Toyota dealer Roger Hogan, who sued the factory for fraud and breach of contract amid claims the manufacturer...

http://www.providers-administrators.com/357507/calif-dealer-wins-15-8-in-toyota-lawsuit
Categories: Dealer Ops, Industry, Showroom
Report: Slow Sales Aside, Auto Groups Outperform Market

Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and...

http://www.providers-administrators.com/357442/report-slow-sales-aside-auto-groups-outperform-market
Categories: Dealer Ops, Industry, Showroom
SAAR Holds at 17M as June Sales Slip

U.S. dealers sold 2.6% fewer new cars and light trucks in June than in the same month a year ago, but standout performances in key segments kept the...

http://www.providers-administrators.com/357396/saar-holds-at-17m-as-june-sales-slip
Categories: Auto Finance, Dealer Ops, Industry
Industry Leader Lee Iacocca Dead at 94

Famed auto executive and visionary Lee Iacocca has died, leaving a legacy of leadership, ingenuity, and a no-nonsense approach to the design, sale, and...

http://www.providers-administrators.com/357400/industry-leader-lee-iacocca-dead-at-94


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