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Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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SEARCHMENUSEARCHWhile new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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For its new Total Ownership Experience Awards, J.D. Power looked at results from its five iconic automotive studies to determine which automakers do the best job overall of satisfying customers through the different stages of vehicle ownership.
Read More →iA Financial Group has completed its acquisition of the third-party administrator and its insurance arm, Dealers Assurance Co. Both companies will now operate as fully owned subsidiaries of iA.
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Ally Financial said it will make up to $750 million available to DriveTime for the purchase of retail contracts over the coming year.
Read More →A new partnership agreement between Black Book and Autosoft will integrate Black Book’s vehicle valuation data into Autosoft’s dealer management system.
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Darwin today announced a new update to its F&I sales platform designed to address the interpretive rule the Defense Department issued last month under the MLA.
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More than 1.3 million Americans have used AutoGravity’s car-shopping and financing platform, which surpassed $2 billion in finance amount requested in 2017.
Read More →CNA National said it has now paid more than $3 billion in claims for all product lines since the company’s founding in 1982. That’s just one of the achievements the company notched in 2017, a year in which the company introduced a new product and passed the four million mark for VSCs in force.
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Lending Tree has ranked the used-car brands Americans will stretch their finances furthest to afford.
Read More →The launch of J.D. Power Automotive Protection Products marks the data and insight provider’s first foray into the finance office.
Read More →The auction company’s directors say record-level activities in 2017 portend further growth for its offsite channels this year.
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