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The F&I Newsletter

 

Stories that appeared in our weekly F&I Report Newsletter

 
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Forecasters see bigger loans, only modest uptick in delinquencies

11:45 am U.S. ET | Dec. 17

Favorable trends for auto lending should continue into 2015, including bigger average loans and leases and only small increases in delinquencies, analysts for credit bureaus TransUnion and Equifax predict.
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Incoming AIADA head vows to speak out on CFPB
10:15 am U.S. ET | Dec. 17

Bradley Hoffman, incoming chairman of the American International Automobile Dealers Association, says he plans to speak out about the Consumer Financial Protection Bureau ...
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JIM HENRY
Will the CFPB redefine “larger”?
12:01 am U.S. ET | Dec. 17

Auto industry watchers that formally weighed in on the Consumer Financial Protection Bureau’s definition of “larger” auto lenders took predictable posit ...
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Ally, Wells Fargo prefer profit over volume
11:30 am U.S. ET | Dec. 17

Ally Financial and Wells Fargo Dealer Services, two of the nation’s largest auto lenders, say growing competition has them ready to sacrifice market share to protec ...
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Acura boss sees rise in leasing in 2015
11:15 am U.S. ET | Dec. 17

Acura should see a “steady lift,” rather than a big jump, in leases as a portion of its U.S. sales volume in 2015, the brand's general manager says. Leases no ...
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Online F&I product sales a 'struggle'
12:01 am U.S. ET | Dec. 17

Dealership staffers must either present F&I products to customers when they take delivery of their car or contact them later by phone, says Lou Bregou, a director of oper ...
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In-store kiosks put F&I right in front of customers
12:01 am U.S. ET | Dec. 17

Michael Fastman is buying kiosks for BMW of Silver Spring, in Silver Spring, Md., where he is general manager, and BMW of Catonsville, in Baltimore, where he is in charge ...
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ONWARD ONLINE
After decades of store confinement, the F&I office is inching digital
12:01 am U.S. ET | Dec. 17 | UPDATED: 12/8/14 11:51 am ET - correction

Lou Bregou, a director of operations at Driver's Village in Cicero, N.Y., says he has embraced putting financing tools on the dealership group's e-commerce website. ...
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