F&I Archives

Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles

Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles

Digital Platform Enables Consumers to Transact 100% Online BLOOMFIELD HILLS, Mich. and ATLANTA, July 22, 2021 /PRNewswire/ — Penske Automotive Group, Inc., (NYSE:PAG) and Cox Automotive, Inc. (“CAI”), announced today they have jointly developed a transformational, fully automated technology platform to enable the online...

July 22, 2021

CEO of DecisioningIT, Rosa Hoffmann, Shares How Dealers are Increasing Sales and Customer Satisfaction

Automated Decisioning Automotive Finance Automotive Lending Car Dealerships Digital Retailing F&I Latest News Non-Prime Financing Prequalification

CEO of DecisioningIT, Rosa Hoffmann, Shares How Dealers are Increasing Sales and Customer Satisfaction

by Sarah Marie June 28, 2021 in Business (New York Weekly) More non-prime consumers are getting behind the wheel now than ever before thanks to DecisioningIT. The fin-tech framework company uses an AI loan-matching platform that allows dealers to match...

June 29, 2021

Score another one for offering more F&I products online

Digital Retailing F&I

Score another one for offering more F&I products online

In a recent blog post by JACKIE CHARNIGA, we learn that dealerships believe a more diverse lineup of F&I products with different coverage tiers helps sell those products to digital retailing customers Source: https://www.autonews.com/fi-blog/score-another-one-offering-more-fi-products-online Extract: In a survey of 500...

June 16, 2021

Opinion: What do Curomax and DecisioningIT have in common?

Automotive Finance Consumer Credit F&I

Opinion: What do Curomax and DecisioningIT have in common?

Curo-who you may ask? A coworker with lots of automotive financing experience, recently told me that if he could, he’d prefer Curomax over Dealertrack in a heartbeat. Apparently, they disrupted automotive financing 20 years ago. 20 years ago I though!...

June 2, 2021

RouteOne promotes 2 of its longest-tenured executives

F&I Latest News

RouteOne promotes 2 of its longest-tenured executives

Jeff Belanger now is RouteOne’s chief revenue officer and Amanda George is RouteOne’s chief product officer. Well done! 🙂 Belanger will have responsibility for driving growth amongst the organization’s revenue streams by leveraging and aligning all business development departments. Some of Belanger’s notable leadership...

May 14, 2021

Partnership with Roadster allows TrueCar users to finalize their deal online

Automated Decisioning Digital Retailing eContracting F&I Prequalification

Partnership with Roadster allows TrueCar users to finalize their deal online

TrueCar president and chief executive officer Mike Darrow said that through the pilot program, TrueCar consumers at select dealerships will be able to build real car deals digitally. That includes finance terms. TrueCar said the enhancement addresses what it describes as pain...

May 10, 2021

To help dealers face challenges, LGM reopens online learning platform

Automotive Finance F&I

To help dealers face challenges, LGM reopens online learning platform

Social distancing guidelines are changing daily and are having an impact how dealers do business, said LGM vice president of dealer training, Nathalie Abdallah. She said that when the pandemic ends, that will change how businesses operate permanently. “Getting ahead of...

April 8, 2021

StoneEagle F&I hires St. John as senior vice president of business development

Automotive Finance F&I

StoneEagle F&I hires St. John as senior vice president of business development

On Wednesday, StoneEagle F&I the provider of F&I technology solutions welcomed Joe St. John as senior vice president of business development, bringing more than 20 years of experience across dealership development, management and operations, sales force development and digital transformation. “Joe brings an incredibly...

March 24, 2021