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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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Adding cameras to your F&I process can boost production and compliance — and put you ahead of the YouTube curve.
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The two firms announced today that they have expanded their relationship to provide dealers and their F&I offices with a fully integrated income and employment verification solution.
Read More →EFG Companies, together with the National Association of Minority Automobile Dealers, has selected sophomore Javante Dilworth as the recipient of their Northwood University private donor scholarship.
Read More →A CFPB official disclosed in a June 15 blog post that the administrator of the Ally settlement fund has begun contacting and mailing checks to borrowers who were affected by Ally’s alleged discriminatory auto lending policies.
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Attorney General Eric Schneiderman, which announced on Wednesday a $14 million settlement with three Paragon dealerships, says he intends to file suit against 11 additional dealerships for the unlawful sale of credit repair and identity theft-prevention products.
Read More →The Consumer Financial Protection Bureau has sued auto loan company Security National Automotive Acceptance Company for aggressive and misleading debt collection tactics against military service members.
Read More →Eyewitness Surveillance announced the launch of a beta program for three products designed specifically for dealerships.
Read More →Town & Country Ford has become the exclusive Motor Trend Certified Dealer in Evansville, Ind.
Read More →RoadVantage is offering bundled F&I product packages for both retail or lease customers on a single form as part of its Total Solution program.
Read More →The software giants are currently forming an integration team to determine how the combined companies will be organized once the deal closes in the third quarter. A company official said Cox had identified Dealertrack as an acquisition target last year.
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