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Asbury Automotive has agreed to acquire the Park Place group of dealerships, adding 17 Texas rooftops and raising Asbury’s highline revenue to approximately...
https://www.fi-magazine.com/359740/asbury-acquires-park-place-in-1b-deal
Former Allstate Dealer Services executive Michael Hurley has been named CFO and vice president of finance and planning for GSFSGroup.
https://www.fi-magazine.com/359736/gsfsgroup-names-hurley-cfo-and-vp
DealerSocket announced the launch of Single Page Appraisal, a new feature available to users of the company’s Inventory+ platform.
https://www.fi-magazine.com/359734/dealersocket-adds-single-page-appraisal-to-inventory
President Donald Trump, House Speaker Nancy Pelosi, and factory and labor officials all cheered the imminent passage of a revised version of the...
https://www.fi-magazine.com/359732/trump-democrats-agree-to-revised-usmca
Franchised dealers in five states can now opt into Cadillac Live, a new sales platform that connects car shoppers with remote agents for real-time online...
https://www.fi-magazine.com/359713/digital-cadillac-sales-platform-makes-u-s-debut
Concerns over the economy and political climate failed to discourage franchised and independent retailers surveyed for Cox Automotive’s latest Dealer...
https://www.fi-magazine.com/359715/u-s-dealers-remain-optimistic-despite-outside-threats
F&I industry veteran Sherry Etheridge has joined TecAssured as director of client relations.
https://www.fi-magazine.com/359704/etheridge-to-lead-client-relations-for-tecassured
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.fi-magazine.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.fi-magazine.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.fi-magazine.com/359676/november-auto-loan-interest-rates-hit-21-month-low