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Categories: Auto Finance, F&I

General Motors’ acquisition of AmeriCredit Corp. was expected to close on Friday, three days after AmeriCredit’s stockholders approved the sale. The company...

https://www.fi-magazine.com/318722/gm-to-complete-acquisition-of-americredit

More stories like this from www.fi-magazine.com
Recapturing Lease Customers Will Be Critical as Auto Dealers and Lenders Navigate Downturn
Protective to Acquire Revolos
Digital Motors Integrates eLEND Solutions’ Digital Financing Into Automotive ‘Buy From Home’ Online Retailing Solution
Ford Credit Tops All Finance Sources in Customer Satisfaction
 KAR to Deepen Digital Capabilities With Acquisition of BacklotCars

Categories: F&I

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,530 per vehicle sold in January 2011, essentially unchanged from...

https://www.fi-magazine.com/318973/edmunds-com-incentives-didnt-end-in-december

More stories like this from www.fi-magazine.com
Auto Loan Interest Rates See Slight Lift in January
New Vehicle Sales Drop in March to Close a Down First Quarter in 2020
Auto Loan Interest Rates Drop in May to Lowest Level Since 2013
New Vehicle Sales Continue Downward Slide in April, Edmunds Forecasts
November Sales Report Pushes 2019 Total Closer to 17M

Categories: Auto Finance, F&I

GM Financial’s rollout of a prime leasing program in 16 states may seem to indicate that the company formerly known as AmeriCredit is leaving its roots...

https://www.fi-magazine.com/319032/gm-financial-not-looking-to-replace-gmac

More stories like this from www.fi-magazine.com
Winners of 2020 Dealers’ Choice Awards Announced
Consumers Prioritize Affordability as Loan Amounts Increase
Recapturing Lease Customers Will Be Critical as Auto Dealers and Lenders Navigate Downturn
Delinquency Rates Decrease In Q1 2020; While Affordability Remains Top of Mind
Auto Loan and Lease Activity Slows as Balances Grow

Categories: F&I

Edmunds.com estimated that the average “True Cost of Incentives” from automotive manufacturers in the United States was $2,118 per new car sold in April...

https://www.fi-magazine.com/319160/automaker-incentives-hit-lowest-levels-since-2005

More stories like this from www.fi-magazine.com
New Vehicle Sales Drop in March to Close a Down First Quarter in 2020
New Vehicle Sales Continue Downward Slide in April, Edmunds Forecasts
New Vehicle Sales Expected to Drop in June, Closing a Second Down Quarter in 2020, Edmunds Forecasts
November Sales Report Pushes 2019 Total Closer to 17M
NADA Market Beat: New Light-Vehicle Sales Continue to Recover

Categories: F&I

NCM Associates announced it has again been selected by General Motors as the exclusive provider of automotive 20 Groups for its Minority Dealer Development...

https://www.fi-magazine.com/319951/ncm-associates-to-provide-20-groups-for-gm-minority-dealers

More stories like this from www.fi-magazine.com
Dealertrack DMS Debuts New Solutions for Dealers
DealerBuilt Appoints Deb Wiley as VP of People Operations
3 Keys to Data-Driven Sales Training
New NADA Analytics Platform
Protective Asset Protection Makes Online Dealer Training Institute Available During COVID-19 Pandemic

Categories: F&I

The majority of manufacturers reported an increase in sales over last March, with the exception of Mazda and Hyundai. March’s SAAR stood at 15.27 million...

https://www.fi-magazine.com/320217/march-sales-pace-at-15-27-million-unit-annual-rate

More stories like this from www.fi-magazine.com
November Sales Report Pushes 2019 Total Closer to 17M
COVID-19 Market Update
Average New-Vehicle Prices Up Nearly 3% Year-Over-Year in March 2020
COVID-19 Market Update
COVID-19 Market Updates

Categories: F&I

GM Financial officials discuss the company’s recent acquisitions of Ally Financial’s European and Latin American business entities, as well as its entry...

https://www.fi-magazine.com/320246/gm-financial-discusses-acquisitions-new-prime-finance-product

More stories like this from www.fi-magazine.com
Consumers Prioritize Affordability as Loan Amounts Increase
Delinquency Rates Decrease In Q1 2020; While Affordability Remains Top of Mind
Prepare for Financing Contraction
Despite the Initial Impact of COVID-19, the Automotive Industry Shows Positive Signs In Q2 2020 
Recapturing Lease Customers Will Be Critical as Auto Dealers and Lenders Navigate Downturn

Categories: F&I

The SAAR is up slightly vs. April of last year, and most manufacturers experienced an increase in sales during the month.

https://www.fi-magazine.com/320247/april-saar-at-14-92-million-units

More stories like this from www.fi-magazine.com
November Sales Report Pushes 2019 Total Closer to 17M
COVID-19 Market Update
Auto Lease Prices Drop On Several Mid-Size Cars And SUVs In March
Big Ideas Yield Big Results at Continental Auto Group
COVID-19 Market Update

Categories: F&I

Ally Financial, the National Automobile Dealers Charitable Foundation, the General Motors Foundation and Chevrolet are among those pledging support for...

https://www.fi-magazine.com/320272/auto-industry-steps-up-to-help-tornado-victims

More stories like this from www.fi-magazine.com
NADA Wants Your Coronavirus Community Story
Ford Announces Salute to Dealers Award Winners
F&I Providers Relief Fund Announces Board Members, $1 Million Fundraising Goal
Providers and Administrators Unite to Help F&I
NADA Makes Major Leadership Announcements

Categories: F&I

General Motors, Mercedes-Benz and Volkswagen have committed millions of dollars to showroom makeovers and facility updates to capture market share on both...

https://www.fi-magazine.com/320278/gm-vw-others-bet-on-facility-upgrades-to-attract-customers

More stories like this from www.fi-magazine.com
COVID-19 Market Update
Black Book: COVID-19 Markets Updates
COVID-19 Market Insights
Rapid Recon Marks 10 Years Improving Used Car Profitability
November Sales Report Pushes 2019 Total Closer to 17M



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