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The F&I Newsletter

 

Stories that appeared in our weekly F&I Report Newsletter

 
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F&I revenue growth slows in Q2 for some major dealership groups

12:01 am U.S. ET | July 23

Of the four publicly traded new-car dealership groups that have reported second-quarter results, only one has posted a higher rate of growth in F&I revenue per vehicle retailed than it did a year ago. Lithia Motors today reported average F&I revenue per vehicle of $1,206, up 9.
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JIM HENRY
N.Y. Times story on subprime offers feds ammunition
12:01 am U.S. ET | July 23

A withering account of subprime auto lending in Sunday's New York Times reinforces bad stereotypes about used-car dealers, smears subprime lenders and their investors, ta ...
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N.J. Nissan dealership loses appeal for arbitration in F&I dispute
12:01 am U.S. ET | July 23

A North Plainfield, N.J., dealership can't force a customer who refinanced her vehicle to arbitrate class-action claims in an F&I-related dispute, the Appellate Division ...
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Some worry about F&I product regs, but not Jackson
12:01 am U.S. ET | July 23

AutoNation CEO Mike Jackson says that unlike some in the retail industry, he's not worried the Consumer Financial Protection Bureau could have plans to impose stricter mo ...
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Capital One, Huntington target more prime loans
12:01 am U.S. ET | July 23

Capital One continues to push aggressively in auto loans while other big banks, such as Chase and Wells Fargo, have slowed auto loan growth amid accelerating competition, ...
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AutoNation preps for online sales
12:01 am U.S. ET | July 21

By Christmas, AutoNation Inc. customers will be able to initiate a vehicle purchase online. ...
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