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KAR Auction Services has hired Toby Hahn as vice president of total rewards and promoted Brad Jokovich to vice president of human resources.
https://www.fi-magazine.com/322058/kar-auction-services-hires-vice-president-of-total-rewards-and-human-resources
The Bureau of Labor Statistics reports the cost of previously owned sedans, pickups, and SUVs climbed 10% in April, accounting for over one-third of the...
https://www.fi-magazine.com/364752/soaring-used-car-prices-names-as-key-reason-for-skyrocketing-inflation
Reports a 2.9% year-over-year drop in sales and the first monthly contraction since January.
https://www.fi-magazine.com/371320/chinas-passenger-vehicle-sales-slump-in-june
Digital adoption and conversion of back-office processes from paper to digital has continued this year, despite slowing auto sales compared to last year.
https://www.fi-magazine.com/369289/wolters-kluwer-third-quarter-auto-finance-digital-transformation-index-illustratThe Office of the Comptroller of the Currency has once against expressed concern about rising credit risks in the auto finance arena, noting that...
https://www.fi-magazine.com/322489/occ-expresses-concern-about-rising-risk-in-auto-finance
The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.
https://www.fi-magazine.com/369011/will-higher-interest-rates-cool-demand-for-new-cars
To be the better, more profitable dealer, know your products.
https://www.fi-magazine.com/366018/improving-dealership-profitability-product-knowledge-means-more-sales
The New York attorney general’s crackdown on an F&I product provider and the dealerships that sold its credit repair services comes at a time when federal...
https://www.fi-magazine.com/310693/price-point
Years of strong sales and near-zero unemployment have lowered the bar for the business office. Veteran F&I pro shares two proven strategies for turning a...
https://www.fi-magazine.com/356631/are-you-an-fi-manager-or-an-fi-clerk
Crisis triggers a 47.9% decline from 52-week high in December; Kerrigan Advisors release additional insights into automotive retail ramifications.
https://www.fi-magazine.com/360642/the-kerrigan-index-drops-to-2012-levels
Says it’s looking for more ways to reduce plastics in its models and use more sustainable materials.
https://www.fi-magazine.com/372859/ford-makes-parts-prototypes-from-olive-tree-prunings
Collaboration to better serve dealers, customers by pinpointing vehicle’s highest authentic value and introducing real-time communication.
https://www.fi-magazine.com/369946/carnow-vincue-partner-for-vehicle-buying-enhancement
Wholesale prices picked up as February ended in a flow of early tax returns that fueled a normalized sales conversion rate, Cox Automotive says.
https://www.fi-magazine.com/373254/used-vehicle-picture-brightens
Auto industry veteran was a natural at sales. Now he helps others earn their F&I chops or identify those who have them in the first place.
https://www.fi-magazine.com/373683/crash-course
Recall Masters, Inc. announced the launch of a special COVID-19 Response Kit at no cost for its auto dealer clients.
https://www.fi-magazine.com/360709/recall-masters-supports-its-auto-dealers-with-special-covid-19-response-kit
Industry leaders dispel the notion that dealers do not support EV sales.
https://www.fi-magazine.com/367775/do-dealers-embrace-ev-salesDavid Shear previously served as an independent training consultant, leading a team of 15 facilitators delivering training to 510 Nissan dealerships.
https://www.fi-magazine.com/323210/frogdata-hires-renowned-automotive-consultant
At a time when it was sink or swim for many dealerships, Brian Kramer rose to the challenge and turned lost time into a digital transformation.
https://www.fi-magazine.com/363694/the-future-is-digital-at-germain-toyota-of-naples
Technology provides sellers with actionable repair suggestions and buyers with improved quality vehicles.
https://www.fi-magazine.com/366291/adesa-launches-new-tool-to-drive-greater-wholesale-value
The results of a survey of 400 dealers at the NADA convention indicate many dealers are overestimating customer trust, their sales team’s product knowledge,...
https://www.fi-magazine.com/323089/survey-dealers-overestimating-customer-trust