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F&Iby StaffMarch 14, 2017

Sage to Pay $3.6 Million to Settle FTC Charges

The nine-store, Los Angeles-based Sage Automotive Group will pay $3.6 million to settle charges of deceptive and unfair sales and financing tactics, including yo-yo financing and payment packing.

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Showroomby StaffMarch 13, 2017

Infiniti Joins automotiveMastermind Platform

Infiniti dealers now have the opportunity to partner with automotiveMastermind, which offers predictive analytics to drive sales and customer retention.

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Complianceby StaffMarch 13, 2017

Helion Issues Dealer Data Security Guidance

Describing dealership data breaches as an ‘imminent threat,’ Helion Automotive Technologies’ Eric Nachbahr has issued proactive security recommendations for auto dealers.

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Showroomby StaffMarch 13, 2017

PERQ: Decluttered Dealer Sites Perform Best

A new analysis of consumer behavior data suggests that decluttering dealership websites increases profit, data collection and click-throughs.

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Auto Financeby StaffMarch 11, 2017

Tom Webb to Retire as Cox Automotive's Chief Economist

Tom Webb will retire on June 30 as Cox Automotive's chief economist, ending a more than four-decade career.

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Auto Financeby StaffMarch 9, 2017

CNCDA: California New-Vehicle Sales Cool in 2016

The California new-vehicle market leveled off in 2016, with new light vehicle registrations increasing by less than 2% during the final three quarters of last year, according to the California New Cars Dealers Association (CNCDA).

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F&Iby StaffMarch 9, 2017

Lease Credit Approvals Jump 33.3% in February

Car lease credit applicants registered a 72.2% approval rate in February, a 33.3% increase from January’s 50% approval rate but flat with a year ago, according to Swapalease.com.

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Auto Financeby StaffMarch 8, 2017

Black Book: Retention Holds Relatively Strong in February

Small pickups led the way, but cars also showed retention strength during a month in which the average price of a used vehicle for model years 2011-2015 depreciated by 0.8%.

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F&Iby StaffMarch 8, 2017

AAGI Unveils New Branding, Exclusionary VSC

AAGI unveiled a corporate rebrand and the AutoGuard Plus exclusionary vehicle service contract at a recent event.

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F&Iby StaffMarch 8, 2017

Wise F&I Partners With Darwin Automotive

The F&I product provider’s full suite of F&I protections will now be available through Darwin’s prescriptive-based F&I selling software. The F&I tech firm will also provide erating and econtracting capabilities of Wise F&I’s products.

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