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The F&I Newsletter

 

Stories that appeared in our weekly F&I Report Newsletter

 
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LEGAL FILE
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Arbitration decision contrasts fantasy literature and legalese

11:45 am U.S. ET | July 29 |

An arbitration provision in one deal document applies to other documents signed as part of the same transaction, including the financing agreement, the Maryland Court of Appeals has ruled in a case that contrasted fantasy literature such as J.R.R.

 

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Dealer satisfaction grows when auto lenders embrace e-contracting

12:00 pm U.S. ET | July 29 |

Dealers like e-contracting. That's one of the key findings from the 2015 U.S. Dealer Financing Satisfaction Study by J.D. Power released this week. Another takeaway: Deal ...

 

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Public retailers boost F&I profits in Q2

12:30 pm U.S. ET | July 29 |

F&I profits increased at all six of the largest public new-car retailers in the second quarter. The nation's largest retailer, AutoNation, led the way with F&I revenue pe ...

 

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HANNAH LUTZ

AutoNation, Group 1 are neck and neck in F&I race

12:30 pm U.S. ET | July 29 |

AutoNation overtook former frontrunner Group 1 Automotive for the top spot among the public retailers in F&I profit per vehicle in the second quarter. Or did it? It depen ...

 

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Ally's second-quarter auto lending flat despite GM pullback

11:45 am U.S. ET | July 29 |

Ally Financial's second-quarter auto lending originations declined just 1 percent from a year earlier to $10.8 billion, despite a sharp drop in lease originations for GM ...

 

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As dealership sales climb, margins slide

12:01 am U.S. ET | July 27 |

On the surface, second-quarter results from five publicly traded dealership groups last week were solid. But behind the gains lurked a disturbing trend: At all five, prof ...