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The U.S. Department of Justice has opened a criminal investigation into Ford Motor Co.’s emissions testing and certification processes, the factory revealed in an SEC filing today.
Car repair costs were up across all U.S. regions last year in CarMD’s latest Vehicle Health Index report, and ignition coils, spark plugs, and oxygen sensors tied for the lead in check engine repairs.
Carvana broke into the top 10 in its first appearance on Automotive News’ list of the nation's Top 100 Used Retailers, more than doubling its output to more than 94,000 units and outpacing the Asbury, Larry H. Miller, and Ken Garff groups.
CareGard Warranty Services/AFG Companies announced the addition or promotion of four executives and plans to expand facilities and put a new emphasis on income development for dealers and agents.
Cindy Allen and David Trinder reflect on the 10-year courtship that led to the merger of F&I Administration Solutions LLC and StoneEagle Inc. and offer an inside look at the transaction, the discussions that preceded it, and the new company’s future plans.
Twenty-year industry veteran Pankaj Singh has been named chief technology officer at National Auto Care, where he will lead the company’s IT and project management teams.
Despite escalating new-car prices and plateauing sales, NADA analysts report little change to American dealers’ per-copy average, penetration rates, and F&I income as a percentage of gross profit in 2018.
Edmunds says the average APR for a U.S. new-vehicle loan was 6.36% in March, putting dealers and consumers on the cusp of a ‘dramatic shift’ toward the used-car market.
The global market for dealer management systems will hit $10.1 billion by 2025, a ‘healthy’ projected growth rate of 8%, according to the latest forecast by Research Reports.
Acquisitions helped #1 Cochran Automotive and Morgan Auto improve their positions in Automotive News’ most recent list of the nation’s biggest auto retailers, but the top 10 remain entrenched.
October’s P&A Leadership Summit included “The Inside Scoop,” a panel session staffed by leading executives and focused on the future of protection products — including how, where, and when they are sold.
Protective Asset Protection has released a new, free infographic that illustrates the pressing need for dealers to consider alternatives to NCFC structures.
FICO’s second annual survey of auto finance customers finds the United States and Canada atop the dealer-arranged financing rankings even as the number of auto loans originated online jumped from 5% to 13% year-over-year.
Former AFG/CareGard executive Guy Koenig has been named president of GSFSGroup.
Ryan Nelson has been promoted from national sales manager to vice president of business development for National Automotive Experts and NWAN Inc.
More than 160 dealers, agents, and industry executives took part in the inaugural West Coast Compliance Summit, one of three concurrent events featured at Industry Summit 2016. And more than 80 of them successfully completed the event’s compliance certification component.
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