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Fed Cuts Interest Rates Again, Stock Market Responds

Fed Cuts Interest Rates Again, Stock Market Responds

Stock are on the rise following the second quarter-point reduction to the federal funds rate in less than two months. No further cuts are planned for this year or next, guaranteeing further pressure from the White House.

September 19, 2019

‘Ask Frenchy’ Competition Now Accepting Submissions

‘Ask Frenchy’ Competition Now Accepting Submissions

Five F&I professionals will attend Industry Summit as a guest of IAS and veteran trainer Eric ‘Frenchy’ Mélon, who will select finalists for the third annual objection-handling competition and F&I training session.

September 18, 2019

Meet the ‘World’s Greatest Closer’ In New Orleans
World’s First Carbon-Neutral Dealership Changes Hands

World’s First Carbon-Neutral Dealership Changes Hands

Motorcars Honda of Cleveland Heights has been purchased and renamed by the nine-store Foundation Automotive group. The Ohio store was recognized by BP as the world’s first carbon-neutral auto dealership in 2016.

September 18, 2019

Generali Targets Specialty Insurance Market With New Division
Get ACE-Certified at P&A Leadership Summit
Former Porsche Salesman Pleads Guilty to $3M Fraud

Former Porsche Salesman Pleads Guilty to $3M Fraud

Shiraaz Sookralli faces 20 years in prison after admitting to charges of fraud and embezzlement relating to a multimillion-dollar scheme to sell nonexistent Porsches from a South Florida dealership.

September 17, 2019

EFG Adds Multifaceted Appearance Protection Product
Lt. Gen. Honoré to Help Attendees Prepare Today and Prevail Tomorrow
Cox: Franchised, Independent Dealers See Two Different Markets
LoJack: GPS Can Be a Dealer’s Best Friend

LoJack: GPS Can Be a Dealer’s Best Friend

A new infographic from LoJack illustrates how GPS-powered inventory management maximizes front-end profits, drives customer retention and service revenue, and reduces lost loyalty.

September 16, 2019

Close the Gap in the F&I Product Origination Process

Close the Gap in the F&I Product Origination Process

The P&A segment can play a pivotal role in closing the communication gaps that can leave car buyers unprotected and undo the work of the dealer, their finance source, and their F&I product provider.

September 13, 2019

What the DealerBuilt Hack Means for P&A

What the DealerBuilt Hack Means for P&A

The FTC’s proposed consent order with dealer software provider DealerBuilt settles charges relating to a major loss of customer data, but the conversation over the compliance responsibilities of ‘service providers’ — including those in the P&A segment — is just beginning.

September 13, 2019

Used-Vehicle Volumes Up 4.1% Among Privately Owned Dealers
Subprime Fell to Lowest Share Since 2011 in April

Subprime Fell to Lowest Share Since 2011 in April

An Equifax review of auto finance data from the first four months of 2019 found subprime’s percentage of total originations fell to 22.7% for all purchases and 9.2% of new-vehicle leases.

September 12, 2019