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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...

https://www.fi-magazine.com/357396/saar-holds-at-17m-as-june-sales-slip
Categories: Auto Finance, Dealer Ops, F&I

Asbury increased its F&I per-copy average 3% to $1,436 in the second quarter. But total F&I gross profit fell due to a 'Choppy' retail environment,...

https://www.autodealertodaymagazine.com/322556/asbury-choppy-retail-environment-drives-down-q2-fi-gross-profit
Categories: Awards, Dealer Ops, Industry, Showroom
KBB.com Names 10 Most Awarded Cars, Brands of 2019

The 2019 Jeep Wrangler earned the top spot among vehicles and Honda leads all manufacturers in Kelley Blue Book’s latest internal awards program-based...

https://www.agent-entrepreneur.com/357545/kbb-com-names-10-most-awarded-cars-brands-of-2019
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
S&P/Experian: Auto Default Rate Registers Largest Increase Since December 2011

Despite the nine-basis-point increase, the auto loan default rate remains near levels recorded one year ago. However, declining auto sales and the normal...

https://www.autodealertodaymagazine.com/323436/sp-experian-auto-default-rate-registers-largest-increase-since-december-2011
Categories: Dealer Ops, F&I, Opinion, Showroom, Training
Report: Customers Want to Buy Insurance at the Dealership

A new DealerPolicy study finds 83% of customers would buy auto insurance as part of their car-buying process — but only 9% were given the opportunity.

https://www.fi-magazine.com/358213/report-customers-want-to-buy-insurance-at-the-dealership
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Significant retail discounts drove up both December and fourth-quarter new-vehicle sales for the nation’s largest dealer group, but they also cut into the...

https://www.autodealertodaymagazine.com/322094/autonation-reports-higher-sales-lower-margins
Categories: Auto Finance, Dealer Ops, Industry
Q3 Auto Finance: Used Accounts for 55% of Loans

Experian analysts say buyers of pre-owned vehicles accounted for 55.15% of all U.S. auto loan originations in the third quarter, a 2.4% year-over-year...

https://www.autodealertodaymagazine.com/359698/q3-auto-finance-used-accounts-for-55-of-loans
Categories: Dealer Ops, Showroom
NADA: Franchised Dealership Payrolls Up Nearly 2%

Wages continue to rise for workers at U.S. new car dealerships, who earned an average of $72,800 in 2018, according to a midyear NADA Data report.

https://www.fi-magazine.com/359210/nada-franchised-dealership-payrolls-up-nearly-2
Categories: Compliance, Dealer Ops

Fiat Chrysler Automobiles confirmed in a statement issued today that it’s under investigation by the U.S. Security and Exchange Commission and the U.S....

https://www.autodealertodaymagazine.com/322491/feds-investigating-fca-for-inflating-sales-automaker-confirms
Categories: Auto Finance, Dealer Ops, Showroom, Training

After a record December capped off a record year for new-vehicle sales, January appears to be enduring a hangover effect, the vehicle information site said....

https://www.autodealertodaymagazine.com/322901/kbb-january-sales-to-fall-3-yoy


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