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Former Allstate Dealer Services executive Michael Hurley has been named CFO and vice president of finance and planning for GSFSGroup.
https://www.autodealertodaymagazine.com/359736/gsfsgroup-names-hurley-cfo-and-vp
Former AutoNation and CarMax executive Troy Blackwell has been promoted to COO of NuVinAir less than four months after joining the company as a senior vice...
https://www.autodealertodaymagazine.com/359709/blackwell-promoted-to-coo-at-nuvinair
F&I industry veteran Sherry Etheridge has joined TecAssured as director of client relations.
https://www.autodealertodaymagazine.com/359704/etheridge-to-lead-client-relations-for-tecassured
iA Financial Group announced the acquisition of IAS, an F&I products and services provider that counts 4,300 dealers in all 50 U.S. states.
https://www.autodealertodaymagazine.com/359700/ias-acquired-by-ia-financial-for-720m
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
National Auto Care announced the launch of NAC Connect, a new vehicle service contract that includes one year of free telematics service.
https://www.autodealertodaymagazine.com/359696/nac-adds-connected-vehicle-service-contract
Edmunds analysts say Black Friday promotions helped suppress new auto loan interest rates last month, registering a year-to-date low of 5.5% and an 8.3%...
https://www.autodealertodaymagazine.com/359676/november-auto-loan-interest-rates-hit-21-month-low
A joint statement from the nation’s biggest banking regulators expressed cautious optimism toward emerging decisioning models that could generate more auto...
https://www.autodealertodaymagazine.com/359674/regulators-appear-to-endorse-alternative-credit-scoring
Kelley Blue Book reports the average cost to buy a new vehicle was $38,393 last month, a 1% year-over-year increase restrained by frantic efforts to move...
https://www.autodealertodaymagazine.com/359662/discounts-incentives-stabilize-new-vehicle-prices-in-november
Black Book reports retained values for used vehicles decreased sharply last month. If the index holds through December, it will end 2019 on a year-over-year...
https://www.autodealertodaymagazine.com/359648/pre-owned-values-down-1-4-in-november