Bobit Business Media honored several finance-and-insurance veterans with induction to its F&I Hall of Fame at the recent Agent Summit event.The second annual induction ceremony, sponsored by APCO Holdings and Mosaic Compliance Services, honored five F&I stalwarts with the honor and hosted a panel discussion among the honorees, who were feted for their contributions to…

The share of borrowers in negative equity increased 110 basis points, revealing growing financial fragility among auto consumers. Pexels/RDNE Stock Project Auto credit access was mixed in February, though Cox Automotive’s All-Loans Index reached a two-year-plus high. Overall credit availability was better than a year earlier, making loans more accessible for borrowers with lower credit…

The difference between the average monthly loan and lease payments was $175 in favor of leasing. Pexels/distel APPArath With new-vehicle prices still inflated, buyers are looking for every way they can to make acquiring one more affordable, and for electric vehicles, leasing continues to be the go-to option for many. A fourth-quarter report by Experian…

The Santa Fe is spacious and packed with practical features, the award bestower says. An SUV is the top 2025 vehicle, according to a global panel of female automotive journalists. The Hyundai Santa Fe takes the title of Women’s Worldwide Car of the Year based on the assessment of more than 80 female journalists who…

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Tariffs will add costs for automakers, which will pass those costs on to consumers, said one Cox Automotive analyst. The trade war that erupted in North America Tuesday will undoubtedly disrupt the auto industry and raise already inflated vehicles prices, Cox Automotive analysts said. Canada responded in kind to 25% U.S. trade tariffs on Tuesday,…

Survey participants see hybrid vehicle production increasing this year for both hybrid and plug-in hybrid power trains. Pexels/Pixabay It sounds counterintuitive, but a global survey of auto manufacturing executives and suppliers to the industry say they think electric-vehicle production will grow this year, despite predicted demand flattening. The third annual ABB Robotics outlook survey found…

The 90-minute deal is a great objective for all of us to consider.  Pexels/Thirdman Based on most customer satisfaction and experience surveys, time significantly impacts the overall customer experience when buying a new vehicle.  For years customers have been frustrated with the time it takes to purchase a new vehicle, and customer satisfaction surveys reflect…

Liberal-leaning states are likely to ramp up enforcement during the new Trump years, so strong customer relations are paramount for dealers. Pexels/Gustavo Fring A little over a month ago, the Federal Trade Commission’s CARS Rule ceased to worry auto dealers when a federal appellate court shut that regulatory door. Two and a half years since…