Categories: Auto Finance, Dealer Ops, F&I

GM Financial's transformation from subprime finance source to GM's captive finance company continued in the second quarter, with GM new-vehicle loans and...

https://www.fi-magazine.com/321811/gm-financials-penetration-of-gm-retail-sales-grows-globally-in-q2

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Auto Loan Delinquencies Fell in Q1
Auto Loan Access Flat
Adapting to Changing Consumer Expectations
Is the Death Knell Being Sounded for Dealer Financing?
Dealers Wary of AI in Auto Finance

Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Showroom, Training

The General Motors Board of Directors has unanimously elected Mary Barra as its next chairman, effective immediately. She succeeds Theodore Solso, who will...

https://www.fi-magazine.com/322086/mary-barra-named-new-chairman-of-gm

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Store Names First Female Dealer Principal
USEA Veteran Returns to AutoPayPlus
Preston Haglin Appointed President of Dealers Assurance Co.
Reynolds and Reynolds Names Acting CEO
RoadVantage Adds Industry Veteran to Executive Team

Categories: F&I

New-vehicle sales for 2015 totaled 17.5 million units, with the industry closing out the year with December sales of 1.6 million units, according to...

https://www.fi-magazine.com/322097/2015-new-vehicle-sales-reaches-17-5-million-units

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New-Vehicle Sales Finishing Strong
New-Vehicle Prices, Volume Take Seasonal Dip
New-Vehicle Sales Hit Post-Covid High
Brisk New-Vehicle Sales Open Year
September Global EV Sales a Record

Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Showroom, Training

The regulator said the three companies agreed to settle its charges that they failed to disclose that some certified pre-owned vehicles were subject to open...

https://www.fi-magazine.com/322134/gm-jim-koons-and-lithia-settle-ftcs-complaints-regarding-cpo-claims

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Industry Challenges to the CARS Rule
State of the CARS Rule, Part 2
The FTC’s Proposed CARS Rule in 600 Words
Ford Recall to Address Battery Issue
Car Theft Rash Diminishes

Categories: Dealer Ops, F&I

The automaker Factory Pre-Owned Collection portal is now live. The site, which will open up the automaker's remarketing channel to consumers, contains more...

https://www.fi-magazine.com/322156/gms-online-used-car-purchasing-site-goes-live

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Leveraging the Monroney Label
Industry Challenges to the CARS Rule
Longest Lasting Vehicles Named
Take Steps to Combat Cybercrime
New Vehicles Get Higher Scores

Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

General Motors responded on Friday to legal concerns raised in a Feb. 8 letter from the California New Car Dealers Association. The automaker said it is not...

https://www.fi-magazine.com/322184/california-dealers-question-legality-of-gms-online-sales-portal

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California Dealers Blast New Honda Brand
California Leading
Industry Challenges to the CARS Rule
Benefits of Associating
The Regulatory Empire Is Striking Back

Categories: Dealer Ops, Digital, F&I

Chevrolet-Buick-GMC and Cadillac Protection is now onboarding and training GM’s U.S. dealers on MaximTrak’s Digital F&I Retailing Suite, which consists of...

https://www.fi-magazine.com/323353/gms-protection-coverage-group-selects-maximtraks-digital-fi-solutions

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Virtual F&I Launches vMenu
Maximizing Revenue Potential
Xtime Adds New Features
AiAuto Debuts AI-Driven Solutions
F&I Training Tool Updated

Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

General Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on...

https://www.fi-magazine.com/322343/gm-replacing-88-of-lineup-by-2020

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Trucks and SUVs Dominate Popular Used Sales
Longest Lasting Vehicles Named
Vehicle Trade Imbalance Complex
Report: EV Stations Should Support Multiple Standards
Vehicle Blind Spots Expanding

Categories: F&I

General Motors Co. has named Tony Francavilla as vice president of global quality, according to a company announcement. In this role, he will be responsible...

https://www.fi-magazine.com/322411/general-motors-names-new-vice-president-of-global-quality

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Nonluxury EV Segment Is Telling
American-Made Is Relative
Reynolds and Reynolds Names Acting CEO
Hyundai Stores Spiffed Up
Mastering Timing and Messaging in Dealership Marketing

Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Kia ended the 27-year reign of premium brands by ranking highest among all nameplates in J.D. Power’s annual study. Overall, new-vehicle quality improved...

https://www.fi-magazine.com/322438/j-d-power-initial-quality-shows-largest-improvement-in-seven-years

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EV Owners Stay Loyal to the Segment
Two Brands Repeat Again in Residual Value Awards
Vehicle Infotainment Improving
Women’s Car of the Year Named
Some Vehicles Figure Largely in Fatal Crashes