A F&I products portfolio refresh should be part of dealers’ adjustments this year if they didn’t do so last year.Pexels/Kampus Production As we reflect on the automotive industry in 2024, it’s clear that dealerships faced a year of significant challenges and transformations, particularly in finance and insurance. The persistent affordability issue dominated discussions and forced…

A growing number of consumers are deciding where to buy their vehicles by tapping digital sources. Pexels/Tim Samuel More auto consumers are shifting to online car shopping, but the vast majority still close the deal at the auto dealership, a new report shows. Based on a survey of almost 2,000 U.S. and United Kingdom consumers…

Loan accessibility improved the most for certified preowned vehicles. Auto credit access was mixed in January as some conditions improved for some consumers while others declined. Cox Automotive’s Dealertrack Credit Availability Index was flat month-over-month at a reading of 95 but up about 3% year-over-year. It said that represents the best access since March 2023…

Car dealers may be the most regulated and disfavored industry by consumer advocates in the United States. Pexels/Minh Tran Elections have consequences, proclaimed a former president. Those consequences portend pendulum swings regarding governmental regulation, and prosecutions, especially for auto dealers. Regulation declines when conservative forces ascend to power. Conversely, regulation becomes a major thrust when…

Everything from small administrative details to the bigger things, like team development, can take you to a higher level of performance. Pexels/Tima Miroshnichenko I recently attended my niece’s basketball game. She is in middle school. One team clearly had more talent than the other. Unfortunately, my niece was on the team with less talent.  Its…

February 6, 2025 In this video, Trent White with the Automotive Training Academy by Assurant explains whether you’re aiming for personal growth, career advancement, or simply wanting to achieve something new, setting both clear and achievable goals is the key to success.

The survey, which must be completed by Feb. 7, is focused on the most frequently performed suspension and steering repair tasks. Pexels/Malte Luk The National Institute for Automotive Service Excellence, or ASE, has been commissioned to conduct a series of studies to better understand which repair tasks are performed most frequently.  The latest survey is focused on…

New logo is part of Bobit Business Media’s brand refresh Bobit Business Media, or BBM, announces a rebranding initiative capitalizing on its expanded role as a comprehensive media and marketing solutions partner for B2B companies. With a trusted name and a stellar industry reputation, Bobit Business Media is advancing with a bold new look that…