Recent News

One Giant Leap for F&I

Early in my career, I encountered an individual who taught me the life-changing principles of Newton’s first law of motion, sometimes referred to as the law of inertia. It states that an object at rest stays at rest “unless acted upon by an unbalanced...

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Game Almost Over

Nothing captured the industry’s frustrations over the last five years more than the heated exchange between Congressman Mike Kelly (R-Pa.), whose family has operated Kelly Motors for more than 60 years, and Congresswoman Maxine Waters (D-Calif.) just prior...

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Special Report: Unwinding the CFPB

The Consumer Financial Protection Bureau (CFPB)’s assault on dealer participation began with a simple question. Fueled by a now-discredited study and the series of class-action suits settled by several captives in the mid-2000s — settlements that resulted...

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SF Motors plans to open EV operations at Indiana plant by end of 2020

Chinese-owned electric vehicle developer SF Motors is planning to open a $160 million plant in northern Indiana by the end of 2020. ... Read More »

Santander falls as FCA reportedly adding own finance arm

Santander Consumer USA shares fell after Bloomberg reported that its auto-finance partner Fiat Chrysler Automobiles was preparing an announcement on forming its own captive lending unit. ... Read More »

Drive Motors Hires New Senior Director of Consumer Experience

SAN FRANCISCO — Drive Motors today announced that Lauren Wolfe has joined the team as senior director of consumer experience for the ecommerce solution provider.Wolfe previously served as president of FZA Digital, the digital-advertising agency of fusionZONE...

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Car-Ware Integrates BillingTree Digital Payment Technology

PHOENIX — BillingTree today announced that auto dealer management specialists Car-Ware will integrate the payment technology provider’s myPayrazr solution suite into its software platform. The completed integration enables Car-Ware clients to utilize...

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Tesla Model 3 wins Consumer Reports blessing after brake fix

Tesla's Model 3 won a coveted recommendation from Consumer Reports after an over-the-air software update improved braking by almost 20 feet. ... Read More »

Dealers’ Choice Awards Voting Closes Tomorrow

TORRANCE, Calif. — The publishers of Auto Dealer Today are reminding dealers and dealership personnel to vote for their favorite vendors, suppliers, and finance sources in the 2018 Dealers’ Choice Awards. The survey will remain open until midnight tomorrow,...

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India delays plan to roll out 10,000 electric cars to 2019

India has pushed back a deadline to put thousands of battery-driven cars on the road by nearly a year, in a setback to its ambitions of having electric vehicles comprise about a third of its fleet by 2030. ... Read More »