Americans still want to buy new vehicles, but an increasing price gap will require consumers to adjust their expectations or settle for pre-owned. +
A new partnership between EasyCare and Petra Automotive Products will pair Petra’s “high-performance” chemicals and proprietary training with EasyCare’s product suite. +
Wolters Kluwer’s Q3 Auto Finance Digital Transformation Index shows econtracting adoption slowed in the third quarter but continues to advance in year-over-year and four-year trends. +
Anomaly Labs CEO Marty Hu believes his company’s AI-powered F&I training tool will help dealers complete compliance checklists while F&I professionals sharpen their skills again AI “customers.” +
Analysts say more than one-third of upside-down car buyers owed more than $10,000 on their prior loans in the third quarter, with 7.5% owing more than $15,000. +
Edmunds analysts fear a growing number of 84-month auto loans could indicate that new-vehicle buyers are stretching beyond their financial means. +
EFG Companies announced the launch of Wealth Builder Profit Participation Suite, a new program that guarantees a profit per unit retailed increase of $206,400 per F&I producer, per year. +
Kevin Hull will succeed Wade Bontrager as president of National Truck Protection Company, the company announced. Bontrager will continue to serve as an NTP board member and advisor. +
Buckeye Dealership Consulting has hired Jim O’Connell as COO and Martin Gutierrez as business development manager, according to Auto Remarketing’s BHPH Report. +
Asbury Automotive outlined internal processes as part of a formal denial of wrongdoing following accusations from the Federal Trade Commission of systematic payment packing. +
