Auto Retail News

Rumors of the F&I Managers’ Death Have Been Greatly Exaggerated, from Driving Sales. For several years there has been some banter concerning the demise of the F&I Manager position. A focus on the need to speed up the car-buying proces

Finding the Right Mix, from F&I Magazine. A minister’s lesson about having too much of a good thing turns out to be a great guide for lender selection. His Madness offers a few other tips for managing those relationships. It’s difficult to i

Auto Dealers Adopting GPS for Profitable F&I and Lot Management, According to New Study by SkyLINK, from Yahoo Finance. National trend study also reveals most dealers are bullish on aftermarket product sales, although new federal regulations are

New- and Used-Vehicle Markets In It Together, from Wards Auto. The pre-owned market is a “critical link in the automotive ecosystem,” says Tom Webb, Manheim chief economist. Every used car begins as a new car. That’s a reason the new- and used-

Used Price Update: Wholesale Prices Remain Unchanged Mid-Month, from NADA. After increasing by 0.3% on a prior month basis in December, wholesale prices for used vehicles up to eight years in age remain unchanged through the first half of January. Th

Subaru Tops Kelley Blue Book List for Resale Value, from The Wall Street Journal. A half a decade ago, when auto executives were trying to survive one of the worst downturns in the industry’s history, Subaru was quietly beginning to surge. The Japa

2014 Repossessions Climb 8%, from Auto Remarketing. According to the 2015 Manheim Used Car Market Report, total repossessions increased by 8 percent in 2014 to an estimated figure of 1.48 million. In the coming years, Manheim projects that the increa

SiriusXM Enrolls Over 15K Dealers in Pre-Owned Program, from Auto Remarketing. SiriusXM announced Friday at the NADA Convention and Expo in San Francisco that it has hit a milestone for its used-vehicle program. There are now over 15,000 dealers enro

Hybrid System Is Also LEED Certified, Recycles 95 Percent of Its Water SAN DIEGO, Jan. 29, 2015 — As San Diego residents face restrictions and penalties on when and how they can wash their vehicles at home during California’s histori