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Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
KBB: September’s Avg. New-Vehicle Price Up $144 From a Year Ago

New-car affordability continued to be a challenge for car buyers, with the average transaction price closing in on $35,000 in September.

https://www.fi-magazine.com/323468/kbb-septembers-avg-new-vehicle-price-up-144-from-a-year-ago
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
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Fueled by domestic brands and the sale of trucks and SUVs, the average price for a new vehicle in June increased 2% from a year to $33,652, according to...

https://www.fi-magazine.com/322457/kbb-average-transaction-price-rises-in-june
Categories: Auto Finance, Dealer Ops, Digital, Showroom, Training
GM, Costco Team Up on Holiday Sales Event

Last year, the three-month promotion resulted in 58,000 vehicle sold, a 34% increase from the year prior. According to Costco officials, more than half of...

https://www.fi-magazine.com/322655/gm-costco-team-up-on-holiday-sales-event
Categories: Auto Finance, Dealer Ops, Showroom, Training

Ford's decision to idle production of its F-150 pickup last week has followed several months of slowing demand in retail and fleet channels and may point to...

https://www.fi-magazine.com/322696/have-pickup-sales-peaked
Categories: Digital, Showroom

For the third year in a row, Costco is teaming with General Motors on a winter Holiday Sales Event that will offer members saving on Chevrolet, Buick, GMC...

https://www.fi-magazine.com/321940/costco-gm-team-up-on-holiday-promotion
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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Fixed Ops, Showroom, Training
GM to Launch Online Shopping Portal for Low-Mileage Used Cars

General Motors' decision to open up its remarketing channel to consumers through an online car-buying portal may give dealers pause, but officials said the...

https://www.fi-magazine.com/322106/gm-to-launch-online-shopping-portal-for-low-mileage-used-cars
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
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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