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The F&I Newsletter

 

Stories that appeared in our weekly F&I Report Newsletter

 
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GM tells Ally that GM Financial will get all of Chevy's subsidized leases

6:30 pm U.S. ET | Feb. 27 | UPDATED: 2/27/15 9:19 pm ET -- corrected

General Motors has notified Ally Financial that it will steer all of its lease subsidies for the Chevrolet brand to captive finance company GM Financial, instead of sharing them among Ally, GM Financial, and to a lesser extent, U.S. Bank.
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Sonic is most-improved in Q4 F&I revenue
11:22 am U.S. ET | Feb. 25 | UPDATED: 3/2/15 10:19 am US ET - adds correction

Sonic Automotive Inc. posted the biggest increase in average F&I revenue per vehicle in the fourth quarter among the six public new-car retail groups, the tallies, comple ...
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Consumer Portfolio gains volume; retraining continues after FTC action
10:57 am U.S. ET | Feb. 25

Subprime auto lender Consumer Portfolio Services reported strong volume growth in the fourth quarter and for all of 2014, despite a run-in with the Federal Trade Commissi ...
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Lender groups want answers from the CFPB
12:15 pm U.S. ET | Feb. 25

A letter sent last week by the American Financial Services Association and other trade associations to Richard Cordray, director of the Consumer Financial Protection Bure ...
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Reports of growing auto loan delinquencies are overblown, credit bureaus say
10:39 am U.S. ET | Feb. 25

Despite media notions that U.S. auto loan delinquencies are accelerating, they are in fact trending flat, credit reporting bureaus Equifax and Experian Automo ...
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