Public dealerships' F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter.
Toyota, Lexus top Consumer Reports' reliability rankings for used cars
At the bottom of Consumer Reports’ rankings were Tesla, Dodge and Chrysler.
Daily 5 report for Aug. 27: How dealers adapted during the CDK outage
Reporter Paige Hodder shows how dealers adapted and the lessons they learned from the CDK cyberattack crisis. One big message: Don’t get too dependent on technology.
Ford Expedition spy art confirms Tremor variant, digital display
The images confirm Automotive News reporting of the Tremor variant, which until now has been limited to Ford pickups, as well as a digital display that is smaller than the pillar-to-pillar screen on the Lincoln Nautilus and Navigator.
CDK Global outage highlights gaps in finance office preparation
Finance managers had to adapt with no notice or preparation, and many came out of the experience with important lessons learned.