Bill banning forced arbitration clears U.S. House
Consumer advocates have pushed for the end of mandatory arbitration in contracts, which can shield companies from…
Even small interest-rate cuts help, retailers say
Auto analysts say reductions in the Federal Reserve’s benchmark interest rate are unlikely to move the needle…
One-touch system points at possibilities
Some dealerships that experimented with one-touch hybrid sales and F&I managers over the years ended up going…
More rate cuts won’t help shoppers, Cox says
As borrowers and lenders anticipate the Federal Reserve will shave another 50 basis points off short-term, benchmark…
Longer loan terms worse for customers, AAA says
The average yearly cost of owning a vehicle is creeping closer to $10,000 — driven by shifting…
Fair readies for expansion with $500M credit deal
The revolving-credit facility is expected to help the company grow a partnership with Uber that helps drivers…
Amynta acquisition to create one of the largest F&I providers
American Auto Guardian, though much smaller than Amynta, has a strong F&I foothold with a popular excess…
Honcker rebrands as Rodo, targets expanded online car leasing
Rodo, a mobile app previously known as Honcker that allows consumers to lease new vehicles directly from…
Price pressure isn’t curbing sales, Experian says
The credit bureau’s latest report on auto lending indicates that auto loan delinquencies remain relatively flat, even…
What I learned about F&I
When our reporter sat in on part of a four-day F&I training session, she gained a new…
