May 12, 2024
This quarter's F&I special section in the next issue of Automotive News explores the affordability challenges testing the automotive finance market.
May 12, 2024
Same-store finance and insurance gross profit per vehicle fell at five of the top six public auto dealership groups in the first quarter 2024 compared with the first quarter of 2023.
May 09, 2024
Current Issue | Finance & Insurance | Retail
Guest commentary: Go back to basics — with a twist — to thrive in today’s buyer’s market
The shift to a buyer's market from a seller's market in the automotive retail space is nothing new. But there's new technology to help a dealership get back to the basics but with added horsepower behind it.
May 09, 2024
Current Issue | Finance & Insurance | Retail
Guest commentary: The strategic imperative for dealerships to prioritize F&I product sales
In today's constantly evolving automotive industry, dealerships face the challenge of maximizing revenue amid fluctuating market conditions and consumer preferences.
May 01, 2024
Dealer Headlines | Finance & Insurance | Retail
Fed holds rates steady, flags ‘lack of further progress’ on inflation
The Federal Reserve said it "does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably towards 2%."
May 01, 2024
Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses.