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Advanced technology now found in used cars presents F&I opportunities for dealers, according to a study by Protective Asset Protection.
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Toyota Motor Corp. and Stellantis have announced plans to build battery factories in North America to meet the U.S. government’s push for electric vehicles and the batteries that power them.
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Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply shortages linger.
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APCO, a leading provider and administrator of F&I products to automotive retailers, is ranked #28 on the list that is compiled annually and ranks companies based on revenue.
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New technology, EV, and suite of ancillary finance and insurance products fuel firm’s record sales.
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Automakers hope to use 5G in big ways, such as downloading software updates on the go, updating digital maps, and sounding alerts about road conditions.
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Automakers remain divided over the larger tax credit for EVs built in Union shops and other measures in the green energy plan.
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Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
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BMW is faring better than GM, and car dealers are coping better than component suppliers.
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Report finds that the industry continues to rely on technology and customer feedback to improve the increasingly digital car-buying experience.
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