Ford will be moving to quarterly reporting of U.S. sales figures. Mark LaNeve, Ford's vice president for U.S. marketing, sales and service, said reporting potentially volatile monthly numbers is "just not how we want to run the business."
Thursday, January 3, 2019
Ford follows GM in moving to quarterly U.S. sales reporting
GM sales slip as year ends, sealing 3rd straight annual drop
GM reported its third-consecutive year of slight U.S. sales declines -- capped by a soft fourth-quarter -- as its growing lineup of utility vehicles couldn't offset significant drops in most of its passenger cars.
Wednesday, January 2, 2019
'Vet your vendors' and other F&I tips
Each week, the F&I Report features a savvy tip from an industry expert. Last year, experts weighed in on emerging technologies, combating customer objections and coping with rising interest rates.
Innovation, efficiency more important than ever
As interest rates rise and margins continue to tighten, the F&I department bears the last-stop burden, the dealership's last chance at profit.
F&I trends to watch in 2019
Developments around affordability, regulation, dealership technology and more likely will continue into 2019. Here are some updates to watch for this year.
Sunday, December 30, 2018
Jury to dealership in used-car fraud suit: Pay $5.8 million
After a jury's fraud judgment — and an eye-popping $5.8 million award — over the sale of a used Ferrari, an Arkansas dealership is arguing that the punishment does not fit the alleged misdeed — or the law.