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F&Iby StaffMay 31, 2016

Consumers Hungry for Used Leases, Survey Says

A survey conducted by Swapalease.com found that both dealers and car buyers are interested in used-vehicle leasing. Top used vehicles consumers would like to lease include the Cadillac Escalade, CTS, and the Jeep Cherokee, while dealers would like to offer used leases on the Buick Regal, Cadillac CTS and Chevrolet Cruze.

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F&Iby StaffMay 31, 2016

Turks and Caicos Regulator Engages Reinsurance Industry

The Turks and Caicos Islands Financial Services Commission met last week with 20 leading reinsurance experts to elicit their views on proposed improvements to the islands’ regulatory regime and to explore how TCI may remain the domicile of choice of producer affiliated reinsurance companies.

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Showroomby StaffMay 26, 2016

TradeRev Wins Gold Award in 11th Annual IT World Awards

TradeRev CEO and President Mark Endras announced today that his company’s product, a vehicle appraisal and auctioning system for automotive dealers, was named the Gold winner in Network Products Guide’s 2016 IT World Awards in the Hot Technologies category.

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F&Iby StaffMay 26, 2016

RoadVantage Wins Dealers’ Choice Platinum Award

RoadVantage has won a Platinum Dealers’ Choice Award in the F&I Products category, marking the second year in a row the F&I product provider earned an award in this category.

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F&Iby StaffMay 26, 2016

EasyCare Names New National Director of New Business Opportunities

The F&I product provider has appointed Rob Mirra as national director of new business opportunities. In this role, he will be leading the building of new EasyCare relationships with dealerships across the nation, according to the company.

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F&Iby StaffMay 26, 2016

Toyota, Volkswagen Announce Partnerships With Ride-Hailing Services

Toyota announced a partnership with ride-hailing giant Uber, while Volkswagen forged a pack with lesser-known but reportedly fast-growing Gett. While both OEMs sought out relationships with ride-hailing services, their approach to the partnerships will differ slightly.

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F&Iby StaffMay 26, 2016

Reynolds, AADA Launch New LAW Arkansas F&I Library

The Reynolds and Reynolds Co. announced the launch of the LAW Arkansas F&I Library, which was developed through a partnership between Reynolds Document Services and the Arkansas Automobile Dealers Association (AADA).

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Auto Financeby StaffMay 26, 2016

Auto Financing Gaining Traction With Millennials, Study Shows

According to a new study from LendingTree, Millennials currently account for about 34% of total auto finance requests in the nation, a 7% increase from 2013. Memphis, Tenn., Milwaukee, Wis., and St. Louis were the Top Three cities where Millennials are seeking auto financing.

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F&Iby StaffMay 26, 2016

DRIVIN Raises $7.5 Million in Additional Funding

The company that aims to change the way dealers sell, source, acquire, and deliver used cars announced it has raised an additional $7.5 million in equity capital. Launched in mid-2015, the Chicago-based startup has now raised $17.5 million in funding.

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F&Iby StaffMay 26, 2016

MaximTrak Wins Dealers' Choice Platinum Award

MaximTrak Technologies was once again named a Dealers’ Choice Platinum Award winner by the readers of Auto Dealer Today, F&I and Showroom’s sister publication.

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