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F&Iby StaffDecember 27, 2017

1.4M Ram Trucks Recalled for Shifter Issue

FCA US is recalling an estimated 1.48 million Ram trucks in the U.S. to help prevent drivers from inadvertently moving the gear-shifter out of the “park” position because of a faulty brake transmission shift interlock.

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F&Iby StaffDecember 27, 2017

Ford Mustangs Recalled for Instrument Clusters

Ford Motor Co. is recalling 2,100 2018 Ford Mustangs so dealers can update the instrument cluster software to address a potential vehicle rollaway risk.

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F&Iby StaffDecember 27, 2017

Nissan Appoints Renault's Le Vot to Oversee North America

Nissan Motor Co. has appointed Denis Le Vot to oversee North American sales. Le Vot arrives from Renault, where he has held multiple positions since joining the French automaker.

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Complianceby StaffDecember 27, 2017

Tax Cut Should Spur Fleet Industry Growth

A tax reform bill signed by President Donald Trump on Dec. 22 is expected to spur economic expansion, bring off-shore corporate revenues back to the U.S., and help fleet management companies make decisions about their operations that aren't tax driven.

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Digitalby StaffDecember 26, 2017

LotLinx Announces Move to Bolster VDPs

A new integration with CarNow was designed to strengthen LotLinx’s vehicle display pages.

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F&Iby StaffDecember 26, 2017

Manheim Hosts ‘Digital Block Sale’ for BMW Financial

The November event allowed dealers to access BMW Financial Services inventory from three Manheim sites via the factory’s Performance Center in Thermal, Calif.

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Auto Financeby StaffDecember 21, 2017

J.D. Power: Used Vehicle Price Index Falls 1.4% in November

Underperforming van and car segments led to a decline in J.D. Power's used vehicle price index in November, a reversal from the index's previous three months of consecutive growth.

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F&Iby Tariq KamalDecember 21, 2017

NY AG Sues Two Dealerships Over the Sale of Etch

New York Attorney General Eric Schneiderman has filed a lawsuit against Victory Mitsubishi of Larchmont and Victory Suzuki of the Bronx, charging the stores with selling an ‘unwanted and bogus’ anti-theft product.

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F&Iby Gregory ArroyoDecember 20, 2017

UPDATED: Core F&I Product Could Put Some Auto Finance Deals Under Military Lending Act’s Requirements

Based on an interpretive rule issued by the Defense Department on Dec. 14, including credit-protection products like GAP in a servicemember’s vehicle finance contract could subject it to a slew of restrictions and requirements under the Military Lending Act (MLA).

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F&Iby StaffDecember 19, 2017

VisionMenu Releases Paperless Deal Jacket

Using Paperless Deal Jacket, any form may be signed at the dealership or remotely using the customer’s smartphone. This is facilitated by VisionMenu’s patent-pending vSignature technology.

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