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Progressive Expands Commercial Auto Coverage Limits

MAYFIELD VILLAGE, Ohio —  Progressive Insurance is helping small business owners get a leg up on their competition. The company has doubled the available liability limits of its Commercial Auto policies. It now offers options for $1.5 or $2 mi
Apr 20, 2012

JPMorgan Chase Reports First-Quarter 2012 Average auto loans up 2% from the prior quarter

NEW YORK — JPMorgan Chase & Co. (NYSE: JPM) recently reported first-quarter 2012 net income of $5.4 billion, compared with net income of $5.6 billion in the first quarter of 2011. Earnings per share were $1.31, compared with $1.28 in the fi
Apr 20, 2012

Carfax Launches New ‘Show Me The Carfax’ Ads

CENTREVILLE, Va. — Carfax this week announced the launch of its newest wave of television ads as part of the national ‘Show Me the CARFAX’ campaign. The new ads, created in conjunction with Zimmerman Advertising and Hinge Digital,
Apr 20, 2012

Westlake Remarketing Releases Q1 – 2012 Top Auctions List

LOS ANGELES, California – Westlake Financial Services has named their top auctions for Q1-2012. They are: Top Overall Auction: ADESA Los Angeles 2nd Place Overall Auction: Kansas City Independent 3rd Place Overall Auction: Norwalk Auto Auction Top
Apr 19, 2012

Better Losses for Better Premiums

Every dealer knows there is a relationship between the losses printed on your loss runs and the premiums you pay. If premiums continue to rise as predicted by industry professionals, the first dealers to feel the pain will be those with higher losses
Apr 19, 2012

Pre-owned Front End Gross

When we look at pre-owned department gross (front end only) we need to remember that F&I income is a separate entity. The F&I department is responsible for F&I income. Pre-owned managers are primarily responsible for the front end gross.
Apr 19, 2012
Posts Everyone

J.D. Power and LMC Automotive Report: New-Vehicle Retail Selling Rate Pulls Back in April, but Recovery Remains Ahead of Expected Pace

WESTLAKE VILLAGE, Calif. — New-vehicle retail sales in April are expected to continue the year-over-year growth trend from the first quarter, as the market heads into the Spring selling season, according to a monthly sales forecast developed b
Apr 19, 2012

Finance Express’ Rebrand Reflects the Company’s Positioning as the Industry Leader in Dealer Management Solutions

Rancho Santa Margarita, CA – Finance Express, the leading provider of dealership management technology for independent auto dealers, announced today that they have rebranded their suite of products. The FEX DMS brand is terminology that has bee
Apr 19, 2012

Digital Dealer Webinars On Demand

Digital Dealer Webinar: The Secrets to Online F&I  
Apr 19, 2012