Categories: Auto Finance, F&I

While saying the credit markets and the economy still face hurdles, the National Association of Credit Management (NACM) reported that its October Credit...

https://www.fi-magazine.com/318089/key-credit-index-shows-expansion

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U.S. Auto Dealers Remain Optimistic About U.S. Economy
COVID-19 Market Update
The Kerrigan Index Drops to 2012 Levels
BLACK BOOK: COVID-19 Market Update
Cox: Franchised, Independent Dealers See Two Different Markets

Categories: F&I

Edmunds.com has estimated that the average automotive manufacturer incentive in the U.S. was $2,449 per vehicle sold in April 2008, up $13, or 0.5 percent,...

https://www.fi-magazine.com/316357/edmunds-com-calculates-true-cost-of-incentives

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New-Vehicle Interest Rates Fall to 5.8%
New Vehicle Sales Continue Downward Slide in April, Edmunds Forecasts
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
November Sales Report Pushes 2019 Total Closer to 17M

Categories: F&I

https://www.fi-magazine.com/311282/reynolds-and-reynolds-support-center-continues-to-evolve

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The Reynolds and Reynolds Company Names New President and COO
Dealerware Selected by Jaguar Land Rover Canada as Preferred Connected Car Platform
DealerSocket Announces New General Manager of Inventory+
DealerSocket Completes Acquisition of Auto/Mate
General Motors Approves Digital Air Strike as a Digital Certified Chat Vendor for Thousands of Automotive Dealers

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

The subprime finance source has selected Dealertrack's Accelerated Title solution to handle its title and release process for dealers accepting cars in on...

https://www.fi-magazine.com/351023/regional-acceptance-joins-dealertrack-accelerated-title

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North Carolina To Allow Digital Processing of Total Loss Titles
Dealertrack F&I Streamlines Lease Contract Workflow
Dealertrack uniFI Completes Paperless Workflow With Digital Contracting
Dealertrack Partners with Darwin Automotive
The Digital Revolution is Upon Us

Categories: Auto Finance, Compliance, Dealer Ops, F&I

In response to rumors that President-elect Donald Trump is preparing to oust the Consumer Financial Protection Bureau's director, the magazine’s legal eagle...

https://www.autodealertodaymagazine.com/310927/hudson-my-job-application-to-mr-trump

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Auto Finance Prognostications From Carnac the Magnificent
Regulators Appear to Endorse Alternative Credit Scoring
Time to Buy Your F&I Professional a Dog?
Do I Really Need a BDC?
CFPB Announces Membership of Taskforce on Federal Consumer Financial Law

Categories: F&I, Fixed Ops, Industry, Showroom, Training

Enrollment is now open for classes held at Automotive Consulting Enterprises' new automotive training facility at the company’s Kansas City-area headquarters.

https://www.agent-entrepreneur.com/359409/the-ace-group-debuts-in-house-training-program

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Protective Introduces Online Dealer Training Platform
CDK Global Research Reveals Impacts of Customer Experience Roles in Automotive Retail Industry
Protective Asset Protection Makes Online Dealer Training Institute Available During COVID-19 Pandemic
MBPI Adds MBP ID Fraud Solutions
MBPI Hires Jason Caley as National Fixed Operations Director

Categories: Digital, F&I

Next Generation Dealer Services, a dealership training firm specializing in social media, will host a series of free Webinars starting Friday, May 14, at 12...

https://www.fi-magazine.com/318497/dealer-training-firm-offers-free-webinar-series-on-social-media

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Digital Air Strike Unveils Industry-First Video Retailing Program at No Cost to All Automotive Clients in Response to COVID-19
Digital Air Strike Virtual Retailing Technology Helps Businesses During COVID-19
Dealers United Helps Dealers Navigate the Market During COVID-19
APCO Holdings, LLC, Announces Added Support for Dealers Experiencing Hardship Due to COVID-19
AutoAlert and AutoFi Collaborate to Boost and Simplify Customer Vehicle Purchases Online

Categories: Auto Finance, Dealer Ops, F&I

Group 1 Automotive’s 117 U.S. dealerships averaged $1,718 in F&I gross profit per retail unit, a 4.9% increase from a year ago and a new company record.

https://www.fi-magazine.com/323923/group-1-hits-record-pru-in-q1

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AutoNation, Sonic Set Records as Publics Grow PVR
Pace of Dealership Acquisitions Slows in Q2
Protective Asset Protection Makes Online Dealer Training Institute Available During COVID-19 Pandemic
AutoNation Nears $2,000 PVR as Big Groups Grow F&I
Asbury Acquires Park Place in $1B Deal

Categories: Awards, F&I

StoneEagle F&I won the first-place Diamond award for F&I Technology in the 15th annual Dealers’ Choice Awards.

http://www.providers-administrators.com/357335/stoneeagle-fi-tops-fi-technology-category-in-2019-dcas

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StoneEagle F&I Provides Menu & Analytics Tools to Risk Theory Dealer Advisors
Legado Trust Provides Metrics F&I Performance Analytics to its Dealer Clients
Tire Shield Selects SEcureAdmin as its F&I Product Administration Platform
P&A Leaders Went to Work In New Orleans
UDS Wins 7th Straight Diamond in 2019 DCAs

Categories: F&I

NEW YORK -- General Motors Corp.'s restructuring plan is expected to help the automaker sell a majority stake in its captive finance arm, analysts said,...

https://www.fi-magazine.com/314579/gm39s-plan-boosts-prospect-of-gmac-sale

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AUL Unveils New Website, Plans Enhancements
Kerrigan Advisors Offers Financial Restructuring & Turnaround Services to Auto Dealers
Auto/Mate to Roll Out Fixed Ops Portion of Reporting Engine
World’s First Carbon-Neutral Dealership Changes Hands
PayLink Integrates with PCMI’s Dealer Contracting Module