F&I Archives

This March, the Lucy Credit Decisioning Platform staff was in Whistler with the Quebec Dealer Association

André-Martin Hobbs and Annabelle Barrette, our DecisioningIT ambassadors, returned home yesterday after spending a few days in Whistler with the Quebec Dealer Association (CCAQ – Corporation des concessionnaires automobiles du Québec) and members from the Canadian Automobile Dealers Association (CADA) such as Tim Reuss, Huw Williams, Tim Ryan...

March 27, 2022

TD to acquire First Horizon with eyes on fertile Southeast market

Automotive Finance

TD to acquire First Horizon with eyes on fertile Southeast market

Source: AFJ – Monday, Feb. 28, 2022, 11:40 AM On Monday morning, TD Bank Group and First Horizon announced that they have signed a definitive agreement for TD to acquire First Horizon in an all-cash transaction valued at $13.4 billion...

February 28, 2022

Cox Automotive reaches finance-company milestone with titling tool

Automotive Finance Latest News

Cox Automotive reaches finance-company milestone with titling tool

ATLANTA, Feb. 23, 2022 /PRNewswire/ — Cox Automotive announced today it reached a new milestone with the addition of its 100th lender to Dealertrack Accelerated Title®. In a typical year, these 100 lenders originate nearly 60% of the auto loans in market.1 This combination...

February 23, 2022

Tackling the biggest issues facing the F&I office today with Jason Gannon, Pres. of F&I Guys

Digital Retailing F&I

Tackling the biggest issues facing the F&I office today with Jason Gannon, Pres. of F&I Guys

Source: CBT News What should your car dealership be doing in this new year to ensure profitability in the F&I department? On this episode of F&I Today, anchor Jim Fitzpatrick speaks with Jason Gannon, President of F&I Guys, to discuss what...

February 12, 2022

Financial challenges spur car buyer’s remorse, LendingTree, Credit Karma polls find

Automotive Finance Consumer Credit

Financial challenges spur car buyer’s remorse, LendingTree, Credit Karma polls find

Owners in $75,000-plus households struggle more with car payments than the average consumer JOHN HUETTER – Automotive News Financial concerns are a key component of a vehicle buyer’s remorse, Credit Karma and LendingTree polling revealed late last year. A November Credit...

February 9, 2022

The Lucy F&I Platform is now a Quebec Dealer Association Partner!

Car Dealerships F&I Latest News

The Lucy F&I Platform is now a Quebec Dealer Association Partner!

Montreal, February 2, 2022 – We are pleased to announce a new collaboration between the Quebec Dealer Association – CCAQ and Lucy, the artificial intelligence-powered F&I assistant! “I am extremely pleased with this collaboration because it demonstrates the legitimacy and...

February 2, 2022

Andre-Martin Hobbs shortlisted for Top 50 Artificial Intelligence CEOs of 2021

Automated Decisioning Automotive Finance Consumer Credit Digital Retailing F&I Non-Prime Financing Prequalification

Andre-Martin Hobbs shortlisted for Top 50 Artificial Intelligence CEOs of 2021

Technology Innovators – Artificial Intelligence CEOs Edition André-Martin Hobbs has developed cutting-edge technology in the field of automotive marketing for over two decades. A digital entrepreneur and a passionate race driver, André-Martin’s undying love for the automobile industry, coupled with...

December 17, 2021

Stuart back with TD Auto Finance as president & CEO

Automotive Finance

Stuart back with TD Auto Finance as president & CEO

By Auto Fin Journal Staff. CHERRY HILL, N.J. FARMINGTON HILLS, Mich – Andrew Stuart is back in auto financing. TD Bank announced this week that Stuart has returned to his former position as president and chief executive officer of TD Auto...

December 15, 2021

DecisioningIT Joins CDK Global Partner Program

Automated Decisioning Automotive Finance Digital Retailing F&I Latest News Prequalification

DecisioningIT Joins CDK Global Partner Program

Montreal, Qc – December 6, 2021 – DecisioningIT, the corporation behind the Lucy F&I Platform announced today that it has become a participant in the CDK Global Partner Program. As a member of one of the largest third-party partner programs...

December 6, 2021

Battle for Auto Loan Customers Shifts from Dealership to Online Pre-Approval, J.D. Power Finds

Uncategorized

Battle for Auto Loan Customers Shifts from Dealership to Online Pre-Approval, J.D. Power Finds

45% of all customers now do research prior to financing a vehicle In an automotive market beset by supply shortages and record high prices, more vehicle shoppers than ever have begun shopping for vehicle financing before ever setting foot in...

December 6, 2021