GM safety practices no longer under NHTSA oversight; meetings will continue

GM's safety practices are no longer under the oversight of federal regulators, but the automaker said it plans to keep meeting with them at least monthly about potential defects.

Ford demonstrates self-driving Fusion at Mcity

Ford aims to have Level 4 autonomous cars ready for commercial use by 2021.

UPDATED: 6/22/17 12:54 pm ET - adds Ford comment
U.S. Trade Representative Lighthizer 'troubled' by Ford's China move

Trade Representative Robert Lighthizer said he was concerned about Ford's announcement that it will move some production of its Focus small car to China and import the vehicles to the U.S.

Sign up for our weekly newsletter

Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

BLOG: Hannah Lutz
A case for recapping F&I

At the end of the car-buying process, many customers want to rush through F&I, get in their new car and drive away. It may pay off to visit F&I again later.

BLOG: Hannah Lutz
Women and F&I -- let's talk

One finance director says most of the successful F&I managers she knows are women. Yet the assumption lingers that the F&I world is unwelcoming to women and mothers.

BLOG: Hannah Lutz
Watch out for month-end fraud

The dealership fraud rate is 56 percent higher in the last week of the month than in the first week, PointPredictive says. The threat comes from outside and inside the dealership.

BLOG: Hannah Lutz
Should dealerships go back to the basics for best F&I results?

Whether it's a customized presentation, a digital menu or online F&I product intros, many F&I companies have suggested an adjusted approach for today's consumer. But for some dealerships, it may be best to stick to the basics, an F&I expert says.

BLOG: Hannah Lutz UPDATED: 5/11/17 12:57 pm ET - adds details
F&I vendors take aim at used vehicles

The trend toward used vehicles has extended beyond financing. It's become a focus in the F&I product world, too.

BLOG: James B. Treece
Lenders are shifting. Keep up.

Early first-quarter data show that lenders aren't as full-throttle on auto loans as before. It behooves F&I managers to keep close tabs on who's pulling back.

BLOG: Hannah Lutz
For some states, it's time to revamp CFPB structure

Last month 15 state attorneys general filed an amicus brief supporting the call to restructure the Consumer Financial Protection Bureau. Attorneys general often pride themselves on being the voice and advocate of the consumer, so criticizing a group that claims to fight for consumer protection appears out of character. Even so, the situation sheds even more light on the unusual set up of the CFPB.

BLOG: Hannah Lutz
Keep the buying process flexible

In the evolution to the online car-buying process, it's important to remember there is no one-size-fits-all solution.

BLOG: Hannah Lutz UPDATED: 4/25/17, noon -- correction
Group 1's PVR bar will be tough to beat

Group 1 Automotive hit a record $1,636 in F&I gross profit per unit in the fourth quarter, likely becoming the new leader in the F&I race among the six largest publicly traded new-vehicle retail groups.

BLOG: James B. Treece
Lenders gloat over CFPB's prospects -- then reconsider

During the American Financial Services Association's auto finance conference, AFSA's leaders and their audience were practically gloating over the possibility that the Trump administration might gut the CFPB. Here are some comments from that gathering.

BLOG: Hannah Lutz
Automakers, digital deals hinge on you

The online car-buying experience has become a major industry focus as consumers expect the process to be as simple as buying a book on Amazon.

Newsletters