Recent News

EFG, Northwood University Launch F&I Innovator of the Year Contest

DALLAS — EFG Companies and Northwood University have teamed up on a new contest that will have six student teams competing to develop the F&I product provider’s next new product. On the line is $25,000, which will be awarded to one of the three-person...

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Maserati dealer sues factory, alleging padded sales

A Maserati dealer has sued Maserati North America, saying the auto company insisted the dealership misrepresent sales, reporting 2014 vehicle sales as much as quadruple what they actually were, and discriminated against dealers who refused to... ... Read More »

Navistar reports a surprise Q3 loss amid U.S. investigation

Navistar International, the truck- and engine-maker that counts Carl Icahn as its biggest investor, posted a slight third-quarter loss when analysts had projected a profit. ... Read More »

Average U.S. new-vehicle mpg falls in August

The average stated fuel economy of new light vehicles sold in the United States fell in August and is down nearly 2 percent from the record high set a year ago, a University of Michigan report released today said. ... Read More »

Dealer to Pay $12,500 Fine for Illegal Leasing Practices

HARRISBURG, Pa. — Credit Connection Auto Sales in central Pennsylvania has reached a $12,500 settlement with the state’s attorney general for allegedly leasing vehicles that needed a considerable amount of repair work and using lease agreements that...

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Digitizing the F&I Process Increases Consumer Satisfaction, Study Shows

ATLANTA — Digitizing the F&I process can have lasting, positive impacts on customer satisfaction for automotive retailers, a new study from MakeMyDeal and F&I Express has concluded. Titled “The Digital F&I Experience Study,” the study...

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Bill Ford says health care co-op possible in UAW talks

Ford Motor Executive Chairman Bill Ford said the company is considering a health-care co-op, an issue the UAW has raised in negotiations on a new contract. ... Read More »

German carmakers win U.S. antitrust approval to buy Nokia maps

German carmakers BMW, Audi and Mercedes have won U.S. antitrust approval to buy Nokia's maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said today. ... Read More »

AutoNation August sales drop 5% on calendar quirk

AutoNation's U.S. new-vehicle retail sales fell by 5 percent from a year prior to 31,032 vehicles in August, a decline driven largely by a drop in import sales and the Labor Day weekend falling completely in September this year. ... Read More »

When your child learns self-control, it helps their financial future too

The childhood years are an important time to learn about money. But money is an abstract concept. Even before young children’s brains are ready for the idea of money, they can start getting on track for a solid financial future. Young children can develop abilities...

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