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Oil Prices Jump on Inventory Data, Demand Outlook

Oil Prices Jump on Inventory Data, Demand Outlook, from The Wall Street Journal. Prices rise to highest of the year on signs production may be peaking and global demand is rising U.S. oil prices surged to their highest point of the year on signs that
Apr 24, 2015
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Volkswagen Credit and Audi Financial Services to Support Automotive Financing Options in Puerto Rico in Agreement With Reliable Auto

Volkswagen Credit and Audi Financial Services to Support Automotive Financing Options in Puerto Rico in Agreement With Reliable Auto, from MarketWatch. SAN JUAN, PR, Apr 16, 2015 (Marketwired via COMTEX) — Volkswagen Credit and Audi Financial S
Apr 24, 2015
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Mercedes’ captive boosts dealership training on branded F&I products

Tips to help manage the spring service rush, from Automotive News. NEW YORK — Mercedes-Benz Financial Services’ U.S. insurance unit is gearing up to train more dealership F&I managers to sell its First Class-branded F&I products, says
Apr 24, 2015
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Dealership gross profits see bigger impact from F&I

Dealership gross profits see bigger impact from F&I, from Automotive News. The average dealership gained more from F&I last year, even though retailers’ overall sales penetration for products such as extended service contracts and GAP dropp
Apr 24, 2015
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Mobile Strategy: 8 Cool Insurance Apps

Mobile Strategy: 8 Cool Insurance Apps, from Insurance & Technology. There is vast potential for insurers that build strong mobile strategies to cater to evolving customer demands. As more employees and customers interact via mobile devices, insu
Apr 24, 2015
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Weak New Car Buys Could Fuel These Auto Dealer Stocks

Weak New Car Buys Could Fuel These Auto Dealer Stocks, from Investors.com. American consumers aren’t new-car shopping as much as it looks from first glance at the data. But dealers that focus on used cars, parts and service are poised to thrive
Apr 24, 2015
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Low rates will continue to help auto sales, financing in 2015, experts say

Low rates will continue to help auto sales, financing in 2015, experts say, from Automotive News. NEW YORK — Interest rates should remain low for the rest of 2015, helping auto dealerships sell vehicles, experts say. “Very low interest rates
Apr 24, 2015
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Lenders’ outcry against CFPB ‘narratives’ is justified

Lenders’ outcry against CFPB ‘narratives’ is justified, from Automotive News. It’s no wonder auto lenders cried foul last month when the Consumer Financial Protection Bureau announced its plan to begin posting consumers’ first-p
Apr 24, 2015
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SIU Automotive Program Gets Boost

SIU Automotive Program Gets Boost, from WSIU.   A large automotive technology group has purchased the naming rights for the auto parts center inside the Transportation Education Center at SIU-Carbondale. University officials joined representativ
Apr 23, 2015