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Categories: Auto Finance, Dealer Ops, Industry
Study: Tesla Drivers Have Highest Credit Scores

An analysis of more than 35,000 loans for pre-owned vehicles on the LendingTree platform finds Tesla, Porsche, and Lexus buyers had the highest average...

https://www.autodealertodaymagazine.com/356685/study-tesla-drivers-have-highest-credit-scores
Categories: Auto Finance, Dealer Ops, Industry
Study: Tesla Drivers Have Highest Credit Scores

An analysis of more than 35,000 loans for pre-owned vehicles on the LendingTree platform finds Tesla, Porsche, and Lexus buyers had the highest average...

http://www.providers-administrators.com/356685/study-tesla-drivers-have-highest-credit-scores
Categories: Auto Finance, Dealer Ops, Industry
Study: Tesla Drivers Have Highest Credit Scores

An analysis of more than 35,000 loans for pre-owned vehicles on the LendingTree platform finds Tesla, Porsche, and Lexus buyers had the highest average...

https://www.agent-entrepreneur.com/356685/study-tesla-drivers-have-highest-credit-scores
Categories: Auto Finance, Dealer Ops, Industry
Study: Tesla Drivers Have Highest Credit Scores

An analysis of more than 35,000 loans for pre-owned vehicles on the LendingTree platform finds Tesla, Porsche, and Lexus buyers had the highest average...

https://www.fi-magazine.com/356685/study-tesla-drivers-have-highest-credit-scores
Categories: Auto Finance, Dealer Ops, Showroom, Training
Fiat Chrysler to Electrify 30 Models by 2022

The company's executive leadership, including outgoing chief executive Sergio Marchionne, outlined the new investments during a June 1 investors meeting....

https://www.fi-magazine.com/323960/fiat-chrysler-to-electrify-30-models-by-2022
Categories: Auto Finance, Dealer Ops, Showroom, Training
Fiat Chrysler to Electrify 30 Models by 2022

The company's executive leadership, including outgoing chief executive Sergio Marchionne, outlined the new investments during a June 1 investors meeting....

https://www.autodealertodaymagazine.com/323960/fiat-chrysler-to-electrify-30-models-by-2022
Categories: Auto Finance, Dealer Ops, Showroom, Training
No Sedans Among KBB’s Top 12 Family Cars

Kelley Blue Book’s list of the best family vehicles for the 2017 model year includes eight SUVs, four minivans, and no sedans.

https://www.fi-magazine.com/322956/no-sedans-among-kbbs-top-12-family-cars
Categories: Auto Finance, Dealer Ops, Showroom, Training
No Sedans Among KBB’s Top 12 Family Cars

Kelley Blue Book’s list of the best family vehicles for the 2017 model year includes eight SUVs, four minivans, and no sedans.

https://www.autodealertodaymagazine.com/322956/no-sedans-among-kbbs-top-12-family-cars
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Kelley Blue Book announced the winners of its 2017 Best Buy Awards. The big winner was Honda. Not only did it take home four awards, its 2017 Honda Civic...

https://www.fi-magazine.com/322739/kbb-announces-2017-best-buy-awards
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Kelley Blue Book announced the winners of its 2017 Best Buy Awards. The big winner was Honda. Not only did it take home four awards, its 2017 Honda Civic...

https://www.autodealertodaymagazine.com/322739/kbb-announces-2017-best-buy-awards
Categories: Auto Finance, Dealer Ops, Digital, F&I

RouteOne and Santander Consumer USA, along with the finance source’s Chrysler Capital program, will make full eContracting capabilities available to all of...

https://www.fi-magazine.com/321854/routeone-santander-to-offer-econtracting-to-all-chrysler-dealers
Categories: Auto Finance, Dealer Ops, Digital, F&I

RouteOne and Santander Consumer USA, along with the finance source’s Chrysler Capital program, will make full eContracting capabilities available to all of...

https://www.autodealertodaymagazine.com/321854/routeone-santander-to-offer-econtracting-to-all-chrysler-dealers
Categories: Auto Finance, Digital
Online F&I

It was a tale of two departments at Industry Summit, where dealers, technology execs and F&I trainers discussed the progress made by sales and F&I teams to...

https://www.fi-magazine.com/310596/online-fi
Categories: Auto Finance

The U.S.-based automaker’s new name follows the naming convention of its global parent company, Fiat Chrysler Automobiles N.V., which assumed its new name...

https://www.fi-magazine.com/321351/chrysler-group-llc-becomes-fca-us-llc
Categories: Auto Finance

Incentive growth was at its lowest point in March since last September, but the NADA Used Car Guide noted that the automakers that decreased spending were...

https://www.fi-magazine.com/320871/average-incentives-rise-domestics-curb-spending
Categories: Auto Finance

Santander will officially become Chrysler Group’s captive lender on May 1. The financial services company will establish a separate business unit dedicated...

https://www.fi-magazine.com/320165/chrysler-capital-goes-live-on-may-1
Categories: Auto Finance

The euphoria over the positive first quarter results from U.S.-based carmakers should be tempered by the recessionary situation in Europe, two Kelley Blue...

https://www.fi-magazine.com/320045/european-financial-crisis-hits-u-s-automakers
Categories: Auto Finance, F&I

Total light vehicle sales were up 10.3 percent from a year ago and 14.9 percent vs. March, according to AutoData, which put the seasonally adjusted annual...

https://www.fi-magazine.com/352495/april-a-mixed-bag-saar-at-14-42-million-units
Categories: Auto Finance, Digital

TrueCar predicted Tuesday that new light-vehicle sales in March will increase 13.7 percent from the year-ago period to 1.417 million units.

https://www.fi-magazine.com/352406/truecar-sees-sales-pacing-at-14-5-million-in-march
Categories: Auto Finance
Ally Launches Vehicle Marketing Program

Ally's new Vehicle Intercept Program is designed to drive showroom traffic and increase new-vehicle sales at General Motors and Chrysler dealerships.

https://www.fi-magazine.com/319989/ally-launches-vehicle-marketing-program
Categories: Auto Finance, F&I

Chrysler Group announced the launch of Diversified Certified, a program that enables Chrysler Group dealers to certify and sell competitive-make, pre-owned...

https://www.fi-magazine.com/319982/chrysler-group-launches-diversified-cpo-program
Categories: Auto Finance

A recent uptick in gas prices pushed consumers toward fuel-efficient vehicles rather than back to the sidelines, with the annual sales rate jumping to 15.1...

https://www.fi-magazine.com/319971/industry-sales-pace-at-15-million-annual-rate
Categories: Auto Finance, Compliance

Chrysler Group LLC and Carfax announced that Carfax Vehicle History Reports will continue as the sole source of vehicle history information for the Chrysler...

https://www.fi-magazine.com/319872/chrysler-group-carfax-renew-partnership
Categories: Auto Finance

Retail sales rose 11.4 percent in January, with the industry pacing at a 14.18 million seasonally adjusted annual sales rate — the highest rate since the...

https://www.fi-magazine.com/319867/sales-pace-at-14-18-million-in-january
Categories: Auto Finance

Autodata Corp. estimated that U.S. auto sales reached 12.8 million units last year, marking the best year for auto sales since 2008 if the stat holds. Big...

https://www.fi-magazine.com/319768/industry-likely-ended-2011-at-12-8-million-units
Categories: Auto Finance

November proved to be another strong month for automakers, with light vehicle sales pacing at a 13.63 million SAAR — the highest rate this year, according...

https://www.fi-magazine.com/319704/mercedes-benz-chrysler-lead-november-sales-gains
Categories: Auto Finance

Ally Financial announced that its Ally Buyer’s Choice program will be in 17 states by Dec. 12.

https://www.fi-magazine.com/319698/ally-expands-buyers-choice-to-12-additional-states
Categories: Auto Finance

Automakers enjoyed their best October since 2007, with U.S. auto sales rising about 8 percent from last October to 1.02 million, according to Autodata Corp.

https://www.fi-magazine.com/319632/industry-realizes-best-october-since-2007
Categories: Auto Finance

Industry sales jumped out to their strongest pace since April, with the industry recording a 10 percent sales increase in September, according to AutoData...

https://www.fi-magazine.com/319539/september-sales-increase-10-percent
Categories: Auto Finance

A new report released by TD Economics indicated that the U.S. economy will continue to grow, but the affiliate of TD Bank says the economy may not be able...

https://www.fi-magazine.com/319487/u-s-economic-growth-will-continue-to-lag-says-td-economics
Categories: Auto Finance

A number of automakers experienced double-digit sales increases in August, with Chrysler leading the pack with 31 percent year-over-year increase in sales....

https://www.fi-magazine.com/319458/supply-issues-thwart-toyota-honda-sales-in-august
Categories: Auto Finance

Chase Auto Finance launched of a new consumer financing program that includes retail subvention financing for Chrysler, Jeep, Dodge and Ram Truck vehicles.

https://www.fi-magazine.com/319401/chase-launches-financing-program-for-chrysler-jeep-dodge-ram-customers
Categories: Auto Finance

The March 11 earthquake in Japan continued to impact Japanese automakers, with Toyota and Honda reporting notable decreases in July sales. Detroit...

https://www.fi-magazine.com/319380/july-sales-better-not-great
Categories: Auto Finance

NADAguides selected the 2011 Chrysler 300 as Car of the Month for July based on its design, driving performance, technology features and safety ratings.

https://www.fi-magazine.com/319293/nadaguides-names-2011-chrysler-300-car-of-the-month
Categories: Auto Finance

June was a standout month for Ford, GM, Nissan, Chrysler and Mercedes-Benz, all of which realized improvements from the year-ago month. Toyota showed...

https://www.fi-magazine.com/319291/june-sales-trend-upward-as-production-gets-back-on-track
Categories: Auto Finance

The Toyota Camry ranked No.1 in Cars.com’s annual American Made Index for the third consecutive year. The Toyota Sienna and Tundra also made the list,...

https://www.fi-magazine.com/319282/toyota-camry-most-american-car-says-new-study
Categories: Auto Finance

J.D. Power and Associates’ study found that the initial quality of recent vehicle launches fell by 10 percent to an average of 122 problems per 100 vehicles...

https://www.fi-magazine.com/319277/j-d-power-study-initial-quality-of-recent-vehicle-launches-declines
Categories: Auto Finance

May saw sales increases for Chrysler, GM and Mercedes-Benz, while Ford sales stayed consistent with the year-ago period. Due to parts and production...

https://www.fi-magazine.com/319237/may-sales-reflect-effects-of-parts-production-shortages
Categories: Auto Finance

Chrysler Group LLC has selected Ally Financial to be the preferred financing provider for Fiat vehicles in the U.S. marketplace. Ally Financial will offer...

https://www.fi-magazine.com/318729/ally-financial-becomes-fiats-preferred-finance-source
Categories: Auto Finance

Chrysler Group LLC said Wednesday that it has entered into an agreement with U.S. Bank to provide consumer leases on select 2010 Chrysler, Dodge and Jeep...

https://www.fi-magazine.com/318689/u-s-bank-provides-chrysler-with-consumer-leasing
Categories: Auto Finance, F&I

Ally Financial Inc. today said it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico and begin using...

https://www.fi-magazine.com/318600/gmac-assumes-new-name-in-august
Categories: Auto Finance

Haunted by losses from its mortgage operation, GMAC Financial Services posted a $5 billion loss for the last three months of 2009. The news, however, was...

https://www.fi-magazine.com/352304/mortgage-unit-continues-to-haunt-gmac
Categories: Auto Finance, F&I
Rebuilding Floorplan Financing

Despite signs of retail financing beginning to loosen up, dealer financing remains a major concern. It’s one of the reasons why the NADA is stepping up...

https://www.fi-magazine.com/309464/rebuilding-floorplan-financing
Categories: Auto Finance, F&I

According to a recent report by the National Taxpayers Union, American taxpayers have paid $12,200 for every General Motors vehicle sold through the...

https://www.fi-magazine.com/318158/every-gm-vehicle-sold-costs-taxpayers-12-200
Categories: Auto Finance, F&I

Chrysler Group officials made it clear last Wednesday that securing the financing needs of its dealers will be key to realizing its $500 million, five-year...

https://www.fi-magazine.com/318109/gmac-will-fuel-chryslers-comeback
Categories: Auto Finance, F&I

Chrysler Group LLC is offering credit union members preferred pricing on all 2009 Chrysler, Jeep, Dodge and Ram Truck vehicles and a select number of 2010...

https://www.fi-magazine.com/318095/chrysler-offers-incentives-through-credit-union-program
Categories: Auto Finance, F&I

An insider confirmed on Wednesday reports that GMAC Financial Services Inc. is in discussions with the U.S. Treasury Department for a third-round of...

https://www.fi-magazine.com/318064/gmac-shoring-up-capital-position-ahead-of-regulatory-deadline
Categories: Auto Finance, F&I

Chrysler Financial, the former captive lender of Chrysler LLC, will liquidate and cease business in Dec. 31, 2011, according to a letter from the U.S....

https://www.fi-magazine.com/318054/chrysler-financial-to-end-business-in-2011
Categories: Auto Finance, F&I
Dealer Floorplan ABS Resilient Despite Recession and Automaker Bankruptcies

Auto dealer floorplan asset-backed securities (ABS) continue to perform and remain resilient despite the recession and the bankruptcies of two domestic...

https://www.fi-magazine.com/317986/dealer-floorplan-abs-resilient-despite-recession-and-automaker-bankruptcies
Categories: Auto Finance, F&I

Chrysler Group LLC announced it will offer a leasing option for customers on all 2010 model year Chrysler, Jeep and Dodge vehicles through Chrysler’s...

https://www.fi-magazine.com/317956/chrysler-returns-to-leasing-offers-additional-financing-options


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