JM&A’s Q1 report finds F&I gross profit per vehicle retailed, penetration rates and products per deal improved, offsetting significant challenges on the front end. +
State Attorney General Rob Bonta says General Motors will pay $12.8 million to settle charges the factory sold OnStar-generated driver data to insurance companies. +
CARS Protection Plus has integrated with Circuitry.ai’s AI-powered Warranty Decision Intelligence Platform in pursuit of faster and more consistent claims handling. +
TransUnion’s latest report finds the superprime and subprime credit tiers are growing, thinning the “middle” tiers while pressure rises for nonprime borrowers. +
Polly’s latest quarterly report finds dealers who sell insurance policies to car buyers are adding an average of $564 in F&I gross profit per deal, a 35% increase. +
The Federal Reserve board of governors voted 8-4 in favor of holding its target lending rate at 3.5% to 3.75%, where it has stood since December, in what was likely its last meeting led by chairman Jerome Powell. +
EPIC earned the highest scores from Startup Symposium judges and attendees, who rated eight companies on their investment potential based on rapid-fire pitches and Q&A sessions. +
Former PCMI and Cox Automotive executive Autumn Dennis has been named vice president of sales for TecAssured, where she will lead sales, growth initiatives and enterprise partnerships. +
Wolters Kluwer’s latest Auto Finance Digital Transformation index finds U.S. econtracting volume declined by 1.5% from Q1 2025 but “significantly” outpaced new vehicle sales. +
Agents in attendance at last week’s Agent Summit witnessed the reveal of Nation Safe Drivers’ OnRamp product lineup and NSD360, a new agent- and dealer-facing learning management system. +
