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Categories: Auto Finance, Compliance, Dealer Ops
Police: Fla. Dealer Couple Faked 35 Sales Contracts

A Florida Highway Patrol investigation led to the arrests of husband and wife dealers accused of submitting at least 35 phantom RISCs for purchase by an...

https://www.fi-magazine.com/359814/police-fla-dealer-couple-faked-35-sales-contracts
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Democrats Signal Defeat on EV Tax Credit

The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric...

https://www.fi-magazine.com/359780/democrats-signal-defeat-on-ev-tax-credit
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Sense of Urgency Pervades Q3 Dealership Acquisitions

Kerrigan Advisors’ latest Blue Sky Report finds the pace of U.S. dealership buy/sell activity quickened in the third quarter and could accelerate further in...

https://www.fi-magazine.com/359773/sense-of-urgency-pervades-q3-dealership-acquisitions
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Detroit, Japan Factories Suffer in Short September Sales Report

U.S. sales of new cars and light trucks fell 12% year-over-year in September, suppressed in part by a Labor Day weekend allotted to August. Few were spared...

https://www.fi-magazine.com/358845/detroit-japan-factories-suffer-in-short-september-sales-report
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: 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...

https://www.fi-magazine.com/357400/industry-leader-lee-iacocca-dead-at-94
Categories: Auto Finance, Compliance, Dealer Ops
FTC: DealerBuilt Hack Affected 130 Dealerships

A 2016 cyberattack laid bare the personally identifiable information of about 12.5 million customers of 130 U.S. dealerships, according to a Federal Trade...

https://www.fi-magazine.com/357173/ftc-dealerbuilt-hack-affected-130-dealerships
Categories: Auto Finance, Dealer Ops
Trump Touts Tax Cuts on Dealer Visit

President Trump kicked off a weeklong public awareness campaign for the 2017 Tax Cuts and Jobs Act with a visit to Nuss Truck and Equipment in Burnsville,...

https://www.fi-magazine.com/356561/trump-touts-tax-cuts-on-dealer-visit
Categories: Auto Finance, Dealer Ops, Showroom
March Sales Down 3.1% as SAAR Soars

The U.S. new-vehicle sales forecast improved to 17.42 million units in March, but sales fell 3.1% year-over-year against slowing demand fueled by higher...

https://www.fi-magazine.com/356424/march-sales-down-3-1-as-saar-soars
Categories: Auto Finance, Dealer Ops
Q&A: You Call This a Refund?

New IRS rules have sparked a downward trend in refund amounts, threatening the loss of an annual catalyst for used-car sales.

https://www.fi-magazine.com/355963/qa-you-call-this-a-refund


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