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Categories: Auto Finance, Compliance, Digital
F&I Pacesetters: Zumbrota Ford

Dealer Steve Johnson knows how quickly word spreads when you operate in a small town. That’s why reputation means more than profitability at his Zumbrota,...

https://www.fi-magazine.com/351200/fi-pacesetters-zumbrota-ford
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The three-year standoff between Toyota Motor Credit, the Justice Department and the CFPB is over, with the captive agreeing to pay up to $21.9 million in...

https://www.fi-magazine.com/322140/toyota-motor-credit-agrees-to-lower-markup-caps-to-settle-cfpb-allegations
Categories: Auto Finance, Compliance, Digital, F&I
Setting the Pace

Meet the seven finalists for F&I Dealer of the Year, the winner of which will be profiled in the magazine’s November issue.

https://www.fi-magazine.com/309867/setting-the-pace
Categories: Auto Finance, F&I

The dealer group’s U.S. F&I operations raised its per-copy average $91 to $1,442 in the second quarter. On a year-to-date basis, the group's per-copy...

https://www.fi-magazine.com/321077/group-1-posts-12-3-increase-in-fi-revenue
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Updated: Roadster Secures New Funding, Announces New Ties With Lithia, Lexus

The startup’s war chest now totals $30 million after securing $15 million in new funding. The announcement comes on the heels of two other major...

https://www.fi-magazine.com/324018/updated-roadster-secures-new-funding-announces-new-ties-with-lithia-lexus
Categories: Auto Finance, Dealer Ops

Moody’s expects the performance of new and outstanding auto loan ABS deals to suffer temporarily due to current regulatory activity, but it does see a...

https://www.fi-magazine.com/321368/moodys-sees-silver-lining-in-regulatory-scrutiny-of-auto-finance
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Pa. Dealer Agrees to Pay $2.1 Million to End Prosecution Into Bank Fraud

According to the U.S. Attorney’s Office, Hallman Chevrolet falsified loan documents as well as costume jewelry brought in by customers as collateral for...

https://www.fi-magazine.com/351032/pa-dealer-agrees-to-pay-2-1-million-to-end-prosecution-into-bank-fraud
Categories: Auto Finance, Compliance, F&I
Special Report: Unwinding the CFPB

F&I tracks the rise and fall of the Consumer Financial Protection Bureau’s aggressive but ultimately futile five-year assault on dealer participation.

https://www.fi-magazine.com/311177/special-report-unwinding-the-cfpb
Categories: Auto Finance

F&I gross profit per retail unit grew to $1,337 on a same-store basis for the publicly traded dealer group, but the performance of the operation’s parts and...

https://www.fi-magazine.com/321257/asburys-fi-per-copy-average-rises-22
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Judge Sides With Trump in Battle for Control of CFPB

A federal judge refused to block the appointment of Mick Mulvaney as interim director of the Consumer Financial Protection Bureau, but the Trump...

https://www.fi-magazine.com/323578/judge-sides-with-trump-in-battle-for-control-of-cfpb


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