F&I data: Captives financed more than 60% of new vehicles in Q1, Experian says
Captive finance companies financed 62 percent of all new-vehicle loans and leases begun during Q1 2024, up 8 percentage points from a year earlier and their highest market share since 2010....
Court rules dealership’s salesman violated noncompete agreement
A used-car salesman at a suburban Detroit dealership violated a 12-month, 25-mile noncompete agreement by taking a new job at a rival same-make store six miles away, the Michigan Court of Appeals ruled....
This Bugatti Concept Was the Chiron Before the Chiron
Before the Veyron and well before the production Chiron, the 18/3 concept was a preview of things to come....
Infiniti eyes Lexus, Acura customers to rebuild market share
In late July, Infiniti will launch a program to help retailers with marketing and expense reduction....
Findlay Automotive targeted in cyberattack
Findlay Automotive Group has been hit by a cybersecurity attack that continues to hamper some of its sales and service operations....
Convenience and flexibility key to selling F&I products to Gen Z buyers, survey says
Many Gen Z shoppers said the convenience of research and shopping for F&I products was the most influential factor in their purchasing decision....
AG resolves lease buyout cases with 2 more N.Y. Nissan dealers
Seven Nissan dealers so far agreed to pay restitution or penalties over allegedly bogus fees or improper vehicle price hikes for post-lease purchases....
Guest commentary: Dear Elon Musk: Partner with dealers to take Tesla into ‘Ludicrous Mode’
An open letter to Tesla CEO Elon Musk from dealership buy-sell advisory firm Haig Partners....
Impel CEO: WhatsApp is important digital marketing tool
Intel's CEO believes messaging platforms such as WhatsApp are far more effective in reaching customers than email, which is weighed down with spam and junk maail....
Ky. appeals court reinstates $100,000 damage award against Ford dealership
The Kentucky Court of Appeals has reinstated a $100,000 punitive damage award against a Lexington dealership that failed to disclose a pickup it sold as new was previously damaged while an employee was driving it....