Author Archives: Editor

EFG Companies – Parts Network Cuts Warranty Firm’s Costs, May Lead to New Car-Dealer Offerings

EFG’s parts-sourcing network could lead to new on-the-spot repair-warranty products for franchised dealers.

Source:  http://wardsauto.com/fixed-ops/parts-network-cuts-warranty-firm-s-costs-may-lead-new-car-dealer-offerings

Utilities firms join forces to serve West Yorkshire homes

A Keighly-based commercial heating and plumbing firm has launched a new domestic arm focused on helping homeowners across West Yorkshire after joining forced with national home assistance provider HomeServe.

Full Article:  http://www.bqlive.co.uk/2016/06/23/utilities-firms-join-forces-to-serve-west-yorkshire-homes/

F&I strategies for slow-growth days

F&I profit likely hasn’t reached its peak, insiders say, but most agree that its growth will slow. To maintain strong F&I revenue, dealerships should ensure that they offer the right product mix, thoroughly understand the products and the…

Full Article:  http://www.autonews.com/article/20160622/FINANCE_AND_INSURANCE/306229994/fi-strategies-for-slow-growth-days

GM seeks to dismiss claims for recalled vehicles’ lost value

General Motors on Friday asked a court to bar claims on behalf of millions of customers who say their vehicles lost value because of brand damage due to dozens of recalls.

Source:  http://www.autonews.com/article/20160617/OEM11/160619883/gm-seeks-to-dismiss-claims-for-recalled-vehicles-lost-value?cciid=email-autonews-daily

At car dealers, ‘certified pre-owned’ is the new used

Consumers are flocking to CPO vehicles and the benefits many programs offer.

Source:  http://www.usatoday.com/story/money/personalfinance/2016/06/12/car-dealers-certified-pre-owned-new-used/85037026/