Auto News
January Used Sales Set Stage for Year
Cox attributes lackluster CPO sales to this January having one fewer selling day than last year, along with limited off-lease and trade-in supply.Pixabay/andreas Used-vehicle sales rose in January, reflecting a seasonal pattern, though the bump was off earlier years, according to Cox Automotive, which forecasts modest segment growth for the year.More than 1.4 million used…
If You Must Know
Product, customer and process knowledge will help separate you from the F&I manager pack. Pexels/Pixabay We all envision being the most successful in our profession. I have worked with hundreds of F&I professionals, and I consistently hear their goal is to be the best at what they do. What really separates the best from the…
Black Book: Weekly Market Update
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Innovation Said to Make EVs Safer
The remedy involves an adhesive disc placed over an opening in an EV’s battery to seal it for normal use. A fire hose can dislodge the disc to flood the battery cells to prevent what’s known as a thermal runaway, or rapid heating that can result in explosion. Renault Group says it’s solved one of…
AFIP to Sponsor ‘So You Think Can Do F&I’ Game Show at EFI Con
This year’s Ethical F&I Managers Conference will feature “So You Think You Can Do F&I,” an online/onstage game show culminating in a live showdown for $10,000 in cash prizes. LAS VEGAS — Organizers announced the upcoming Ethical F&I Managers Conference will feature “So You Think You Can F&I,” a game show in which all F&I…
Thinking About Selling Your Business?
Well before entertaining offers to buy your business, let alone handing over the keys, it’s wise to gather your guides to help plan the best move for you. Pexels/Thirdman Many auto dealers and agents have worked hard for years, many for decades, building their businesses, and at some point have thought about when the time…
Liggett Returns as ‘Stump the Pro’ Host at EFI Con 2025
F&I trainer Shelly Liggett will host the fully interactive “Stump the Pro” session for the second time at this year’s Ethical F&I Managers Conference. LAS VEGAS — iA American Warranty Group executive and former finance manager Shelly Liggett will host “Stump the Pro” for the second time at the upcoming Ethical F&I Managers Conference, organizers…
Xtime Adds New Features
Xtime is a service platform of Cox Automotive’s Retail360 system. Cox Automotive Cox Automotive has added new capabilities to dealership service platform Xtime. Designed to deliver a modern service experience from appointment to payment, the additions span communications, multimedia, reporting and connected workflows for maximized service revenue and elevated customer experience. “Xtime’s latest enhancements underscore…
New-Vehicle Prices, Volume Take Seasonal Dip
The seasonal 2% month-over-month decline in the average transaction price to $48,641 followed December’s near-record ATP. Pexels/Sarmad Mughal New-vehicle prices fell from December but were up year-over-year, according to a Cox Automotive estimate. The seasonal 2% month-over-month decline in the average transaction price to $48,641 was a welcome dip, as December’s nearly $50,000 ATP approached…
Pickups Recalled
Off-road driving can cause a cascade of results leading to brake fluid leakage. Toyota recalled more than 100,000 Tacoma pickups over potential for brake fluid leakage. The Japanese automaker said in a recall notice that the trucks’ rear brake hoses can be gradually damaged from dirt buildup inside the rear wheels from off-road driving. Resulting…