Latest from John Huetter
U.S. Sen. Bernie Moreno, a former car dealer, introduced a bill to deduct interest paid on auto loans on a consumer's federal taxes.
Edmunds said this decline showed a consumer flight to longer loans.
Give the customer a business card with a personal cellphone number and ask if the competitor had made the same information available, says a trainer from iA American Warranty Group.
Lithia Motors Inc. plans to focus on used-vehicle sales after the group’s volume declined in 2024.
Lithia Motors CEO Bryan DeBoer vows to improve service and parts revenue in large part by looking to staff to step up and deliver better results.
Finance and insurance products besides the staples of guaranteed asset protection coverage and vehicle service contracts have made up an increasing portion of dealership F&I product revenue since 2019, according to F&I software and analytics provider StoneEagle.
United Kingdom software provider Pinewood.AI’s U.S. pilot of its dealership management system at Lithia Motors is on track for the second half of 2025 and has begun to work with North American automakers on integrating its software with theirs.
The Federal Trade Commission has too few commissioners to take significant action, Asbury Automotive Group Inc. argued in a new filing that once again called on a Texas federal court to halt the agency’s internal case against the national dealership group.
President Donald Trump on March 26 said House Speaker Mike Johnson, R-La., is working on providing consumers with a tax deduction for interest paid on auto loans for American-made vehicles.
An auto dealership finance manager’s “belief system” heavily contributes to their finance and insurance performance, according to Jeremiah Shelton, vice president of training and development for F&I product provider EasyCare.
