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Categories: Dealer Ops, F&I, Industry
AAGI Acquired by Amynta Group

American Auto Guardian Inc. has been acquired by Amynta Group, creating a combined footprint that includes 15,000 dealers and 1,400 agents in the U.S. and...

http://www.providers-administrators.com/358113/aagi-acquired-by-amynta-group
Categories: F&I

FENTON, Mo. – GAPWise LLC has partnered with Worldwide Benefit Services, Worldwide Assistance Services Inc., TransUnion and AffinityCare LLC to provide I.D....

https://www.fi-magazine.com/314824/gapwise-to-offer-family-identity-theft-restoration-program
Categories: F&I

VINtek has announced the launch of TitleMyCar.com, a direct-to-consumer auto-loan documentation portal that will utilize eOriginal's electronic...

https://www.fi-magazine.com/316179/vintek-eoriginal-team-up-for-titlemycar-com
Categories: Auto Finance, Dealer Ops, F&I
StoneEagle Welcomes New CEO

Cindy Allen has been named CEO of StoneEagle, joining an executive leadership team that includes founder and chairman Bobby Allen and managing partner Brent...

https://www.autodealertodaymagazine.com/323638/stoneeagle-welcomes-new-ceo
Categories: F&I

Resource Automotive, a unit of The Warranty Group, announced a new round of enhancements to its financial services manager training curriculum.

https://www.fi-magazine.com/316162/resource-automotive-announces-training-program-enhancements
Categories: Auto Finance, F&I

Used-car buyers are leaving their markets in greater numbers to locate the vehicles they want and at the right price. In May, CNW spotted a 32.6 percent...

https://www.fi-magazine.com/353310/may-transaction-prices-for-used-vehicles-drop-5-2-percent-cnw-reports
Categories: Compliance, Dealer Ops, F&I
Evergreen Bank Moves to Flat Fees Due to Regulatory Pressures

Earlier this month, Evergreen Bank Group issued a statement about its decision to move to a flat fee pricing model. The move was in response to a low FDIC...

https://www.autodealertodaymagazine.com/320825/evergreen-bank-moves-to-flat-fees-due-to-regulatory-pressures
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

With the Rates & Residuals enhancement, dealerships now have the ability to structure deals for new and pre-owned vehicles by accessing incentives, rates...

https://www.fi-magazine.com/322863/vinsolutions-announces-new-integration-with-dealertrack
Categories: F&I

Nowcom Corp. has announced the release of Dealer Websites, the company's newest used-car dealer service.

https://www.fi-magazine.com/316275/nowcom-releases-dealer-websites
Categories: F&I

https://www.fi-magazine.com/311612/manheims-texas-hobby-auto-auction-opens-for-business-with-commemorative-sale
Categories: F&I

Reality checks are always difficult to swallow. You want to hear the truth, but at the same time you really don’t. That’s what I wrestled with when one of...

https://www.fi-magazine.com/308941/reality-check
Categories: Auto Finance, Digital, F&I

Called vRate, the new feature allows users to rate multiple providers and multiple products simultaneously. The direct-to-provider erating tool connects to...

https://www.fi-magazine.com/320792/visionmenu-to-unveil-new-rating-feature
Categories: F&I, Fixed Ops, Product & Technology, Showroom
Black Book Announces Integration with the Origence Consumer Loan Origination System

New integration with the Origence consumer LOS provides lenders easy access to data for improved decision making.

https://www.autodealertodaymagazine.com/364013/black-book-announces-integration-with-the-origence-consumer-loan-origination-sys
Categories: Auto Finance, Compliance, Digital, F&I
People, Process, Profit

Attendees of the magazine’s annual conference gathered to hear how six top trainers view the road ahead for the F&I industry. What they heard was a familiar...

https://www.fi-magazine.com/310124/people-process-profit
Categories: F&I

https://www.fi-magazine.com/312829/saab-cars-usa-recognizes-reynolds-and-reynolds-after-sales-marketing-program
Categories: F&I

The Warranty Group Inc., a provider of service plans and related benefits, announced July 8 the opening of a new office in Lima, Peru by its subsidiary, The...

https://www.fi-magazine.com/317779/the-warranty-group-opens-in-peru
Categories: F&I

https://www.fi-magazine.com/312028/ford-ups-credit-loss-reserves-due-to-repossesions
Categories: F&I

Nissan North America Inc. announced Friday that Scott Becker, currently vice president of legal and government affairs, and general counsel, will become...

https://www.fi-magazine.com/317791/nissan-north-america-names-new-svp-for-administration-and-finance
Categories: Auto Finance, Dealer Ops, F&I

The more than 1,000 credit unions using CU Direct’s CUDL Lending Platform have generated one million loans year to date, surpassing Ally Bank in loans...

https://www.autodealertodaymagazine.com/322768/cudl-credit-unions-now-no-2-auto-finance-source
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I

The Reynolds and Reynolds Co. has released a comprehensive catalog of standardized, legally reviewed F&I documents for automobile dealers in the state of...

https://www.autodealertodaymagazine.com/322401/reynolds-and-reynolds-releases-law-kentucky-fi-library
Categories: F&I

https://www.fi-magazine.com/311694/used-vehicle-sales-bounce-back
Categories: Dealer Ops, F&I
December to Remember: Premium Brands Poised for Big Month

New data from Jumpstart Automotive Media shows car buyers’ interest in luxury cars tends to swell in December as factories ramp up their holiday campaigns.

https://www.autodealertodaymagazine.com/323596/december-to-remember-premium-brands-poised-for-big-month
Categories: F&I

DealerLink, provider of car sales leads, recently launched its newest product, Guaranteed Credit Scored Leads.

https://www.fi-magazine.com/317180/dealerlink-offers-leads-program-based-on-credit-scores
Categories: F&I

Prestige Financial Services Inc. named Rich Hyde executive vice president of operations. He will oversee loan servicing, operations policy and client...

https://www.fi-magazine.com/317826/prestige-financial-names-executive-vp
Categories: Auto Finance, Dealer Ops, Digital, F&I

Champlain National Bank has entered the indirect auto finance channel behind a cloud-based loan origination system developed by Teledata Communications Inc....

https://www.fi-magazine.com/322486/champlain-national-bank-enters-indirect-channel
Categories: Auto Finance, Dealer Ops, Digital, F&I, Fixed Ops, Showroom, Training

The vehicle-pricing firm reported today that the pace of depreciation in September remained relatively unchanged from August. It expects average...

https://www.autodealertodaymagazine.com/321964/depreciation-on-pace-to-reach-14-by-year-end-black-book-reports
Categories: F&I

https://www.fi-magazine.com/311539/group-1-added-to-fortune-500-list-of-americas-largest-companies
Categories: F&I, Training
So You Need a New Agent

AUL Corp.’s Bryan Nieves offers advice for dealers who are in the market for a new agent, including what to look for in an F&I training program.

https://www.fi-magazine.com/352130/so-you-need-a-new-agent
Categories: Auto Finance, F&I

Prestige Financial Services Inc. has established a $150 million asset-backed commercial paper conduit facility through JPMorgan Chase Bank N.A. in Chicago.

https://www.fi-magazine.com/318712/prestige-financial-establishes-150-million-conduit-facility
Categories: F&I

Weighed down by a significant decline in private-party sales, used-vehicle sales are expected to drop 3.7 percent in September, according to CNW Research.

https://www.fi-magazine.com/318716/used-vehicle-sales-drop-in-september-cnw-says
Categories: F&I

https://www.fi-magazine.com/312012/oversupply-drives-down-used-car-prices
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

Aside from the tips, the firm announced the release of a free ebook titled, ‘Six Steps for Dealers to Get Their Cars to the Digital Front Line.’

https://www.fi-magazine.com/322964/dealerslink-offers-tips-on-getting-cars-to-the-digital-frontline
Categories: Auto Finance, F&I

Did your customer clean the inside and outside of the vehicle they’re trading in? If so, then you have the perfect entry point to sell interior and exterior...

https://www.fi-magazine.com/353009/video-tip-of-the-week-selling-interior-exterior-protection
Categories: Digital, F&I

Through a new partnership, National Auto Care (NAC) Corp., a service contract sales and administration company, will incorporate its products and services...

https://www.fi-magazine.com/318041/finance-express-partners-with-national-auto-care-corp
Categories: Dealer Ops, F&I

Since online registration opened five days ago, nearly 2,200 dealers have registered to attend the association's 2016 convention, the NADA reported this week.

https://www.fi-magazine.com/321980/nada-convention-posts-12-attendee-increase-during-first-week-of-registration
Categories: F&I

AppOne, a part of Wolters Kluwer Financial Services, announced Monday that Turner Acceptance Corporation, a Chicago-based consumer finance company, joined...

https://www.fi-magazine.com/316377/turner-acceptance-corp-joins-wolters-kluwer-appone-platform
Categories: F&I

RouteOne LLC announced today that Louisiana-based subprime lender Crescent Bank and Trust has joined the growing roster of finance sources on RouteOne's...

https://www.fi-magazine.com/316337/crescent-bank-and-trust-joins-routeone
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Edmunds: Used-Vehicle Prices Hit Record High in Q1

Although shoppers continue to flock toward pricier trucks and SUVs, steadily rising gas prices are beginning to stimulate consumer demand and increase...

https://www.autodealertodaymagazine.com/323985/edmunds-used-vehicle-prices-hit-record-high-in-q1
Categories: F&I

Your customers already know you're going to try to sell them something, but that doesn't mean they won't buy. Retail expert explains how understanding your...

https://www.fi-magazine.com/351144/reading-their-minds
Categories: Dealer Ops, F&I

July sales totaled 1.435 million units, according to the firm. It put the July SAAR at 16.48 million units, up from 15.76 million in July 2013 but down from...

https://www.autodealertodaymagazine.com/321105/july-new-vehicle-sales-increase-5-in-july-autodata-reports
Categories: Auto Finance, F&I

GM Financial will become a player in the commercial lending segment by the end of the first quarter 2012, according to statements made yesterday by the...

https://www.fi-magazine.com/319569/gm-financial-to-offer-dealer-financing-by-april-2012
Categories: Auto Finance, Dealer Ops, F&I

SouthwestRe took home the Gold award in the Service Contract Reinsurance category in this year's Dealers’ Choice Awards.

https://www.fi-magazine.com/323256/southwestre-wins-gold-in-2017-dealers-choice-award
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Kelley Blue Book announced the winners of its 2017 Best Buy Awards. The big winner was Honda. Not only did it take home four awards, its 2017 Honda Civic...

https://www.fi-magazine.com/322739/kbb-announces-2017-best-buy-awards
Categories: F&I

https://www.fi-magazine.com/312696/president-signs-nada-voluntary-arbitration-bill
Categories: F&I

https://www.fi-magazine.com/312246/awc-communications-dials-repairmaster-canada-inc-for-product-replacement-service
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Solving the CFPB Problem

The man who has led the NADA’s regulatory advocacy efforts since 2006 believes the tide may be turning in the CFPB’s attack on dealer participation.

https://www.fi-magazine.com/310703/solving-the-cfpb-problem
Categories: Dealer Ops, Digital, F&I

A new integration promises new options and an expansion of services for both companies and their clients, including auto dealers and auto finance companies.

https://www.autodealertodaymagazine.com/323518/paymentvision-partners-with-quotepro
Categories: F&I

https://www.fi-magazine.com/313322/for-ford-luxury-matters
Categories: F&I

Allstate Credit Division has added two new features to its GAP product, commercial vehicle coverage and coverage for non-uniform monthly payment loans.

https://www.fi-magazine.com/316706/allstate-credit-division-adds-features-to-gap-program
Categories: Dealer Ops, F&I, Product & Technology, Warranty Chain Management
GWC Warranty Partners with NIADA as Administrator of Certified Pre-Owned Program

Independent dealers will benefit from a nationally recognized endorsement of their CPO program.

https://www.fi-magazine.com/366009/gwc-warranty-partners-with-niada-as-administrator-of-certified-pre-owned-program


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