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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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Failing to recognize the difference between a loan and a retail installment contract led to a costly violation of the Georgia Motor Vehicle Act.
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United Development Systems Inc. (UDS), a full-service income development company, is celebrating 35 years in the F&I performance arena.
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A new report from Edmunds says bloated inventories and escalating incentives could signal a market correction for booming SUV sales.
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Attorney and Mosaic Compliance Services cofounder Jim Ganther will deliver a featured presentation on Easy-to-Implement Processes and Controls at Compliance Summit in September.
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Aside from entitling dealers to benefits and incentives tied to an OEM-ordered renovation for up to 10 years after construction is completed, the new law prohibits manufacturers from creating and enforcing performance standards that are unfair and don’t account for local and regional differences.
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Bankrate’s latest Car Affordability Survey finds Washington, D.C., is the most affordable city in which to buy a new car.
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Despite record incentive spending, the auto industry is on pace to record its weakest first-half sales performance since 2014, according to the two firms. Days to turn remained at 70 through June 18, the highest level since July 2009.
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FrogData’s rapid expansion continues with the hiring of Heiser Automotive Group and CDK Global executive Chris Dulla.
Read More →Auto lending executives now have access to Carfax reports via MeridianLink’s LoansPQ loan origination system.
Read More →SouthwestRe took home the Gold award in the Service Contract Reinsurance category in this year's Dealers’ Choice Awards.
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