Dealertrack’s Credit Availability Index remained at 100 last month, reflecting offsetting indicators that include a lower approval rate and a growing share of subprime loans. +
Nearly 80% of dealers surveyed by eLEND Solutions say fraudulent activity is on the rise at their stores, with 10% reporting they lost at least 10 vehicles in 2025. +
Smart AutoCare has hired former OptionSoft Technologies, Warrantech and Interstate National Dealer Services executive Christopher Murphy as the F&I product and services provider’s new president. +
Dealers surveyed for Experian’s Dealer Fraud Threat Report closed an average of four deals that were later revealed to be fraudulent in 2025, with many bearing 100% of the cost. +
Cox Automotive’s Accelerate My Deal platform now offers ID verification, document upload, esignatures and delivery scheduling to help dealers complete more deals online. +
Winter storms couldn’t stop U.S. Hyundai and Kia dealers from setting new January records in a month marked by appreciable gains driven by premium-division sales. +
eLEND Solutions and LetzChat have partnered to help dealers identify and engage with the 10% to 20% of car buyers who primarily speak a language other than English. +
The Federal Reserve elected to hold its target lending rate at 3.5% to 3.75% in a 10-2 vote, marking the end of a series of three quarter-point cuts that started in September 2024. +
Presidio Group and NCM Associates analysts say U.S. dealers enjoyed their first full-year net pretax profit gain since 2021 last year despite a 9.7% decline in the fourth quarter. +
Protective Asset Protection’s annual State of the F&I Industry report raises concerns that affordability issues are making customers question the value of F&I products and hurting sales. +
