F&I tip: The finance team should be product experts
F&I managers should make sure that each customer leaves knowing what the product is, how to file a claim and how they benefit.
Hyundai to double hybrid lineup, expand to Genesis by 2025
Hyundai will expand its hybrid lineup to Genesis, and double its current hybrid lineup overall A new plug-in hybrid will be a midsize SUV that uses its gas engine to recharge its battery pack Its EV...
GM-Samsung $3.5B battery plant coming to Indiana
Samsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV battery factory in Indiana. First reported by Reuters, the deal calls for the two companies to invest $3.5...
Smart plans 2025 Europe launch for #5 midsize electric SUV
Smart says the #5 will appeal to owners of the brand’s small city cars, many of whom have a midsize SUV as a second car.
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.
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.
Westlake Financial launches fleet financing product to power micro leasing at dealerships
The vehicles used in micro lease programs can fall into a gap not covered by traditional floorplan or rental financing.
Guest commentary: What’s keeping Larry up at night?
Dealers need to protect customer information, train staff and invest in technology to sleep better at night.
Porsche R&D boss: E-fuel plant should serve as “role model”
Porsche aims to scale production of synthetic fuel Porsche’s R&D boss believes synthetic fuel will play a big role in reducing emissions Ferrari’s counting on synthetic fuel too;...
2025 Mini Countryman priced from $39,895, offers gas or electric power
The redesigned 2025 Mini Countryman has two gas options and one electric The electric Countryman has a 212-mile range estimate Driver assistance offers hands-free driving in some situations The...
First Shift: Ford’s product roadmap
• Ford’s product roadmap • Canada to impose new EV tariffs • Automakers urged to prioritize privacy • Ford’s Bronco Sport adds steel bumpers • Nvidia CEO tops compensation...
Dodge Charger Daytona possibly preparing for police duty
Dodge is preparing its next-gen cop car Dodge teased what appears to be a police-spec Charger Daytona EV The old gas-powered Charger was popular with police fleets The outgoing gasoline Dodge...
Electric Porsche Panamera to live alongside gas-powered model
Product strategy continues to shift at Porsche as market winds blow. In an interview with Autocar, Porsche’s research and development boss Michael Steiner said the gas-powered Panamera will...
2025 Acura RDX adds refinements inside and out for $46,050
The Acura RDX received a mild makeover for 2025 The infotainment system’s touchpad remains The 2025 RDX arrives in showrooms this month and costs $46,050 Acura has updated its top-selling RDX...
2025 Cadillac Lyriq drops prices and base trim
The 2025 Cadillac Lyriq drops the previous Tech base trim, and but lower prices for the remaining trim levels help counteract that move. The Lyriq Tech started at $58,590 for the 2024 model year but...
Lithia’s captive finance company Driveway Finance turned a Q2 profit
Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia’s relaunched captive finance car loan company Driveway Finance Corp. turned a profit during the second quarter and...
Canada adds 100% tariff for “extraordinary threat” of Chinese EVs
100% tariff on Chinese-made EVs follows U.S. EV incentives only apply to free-trade partners, Canada underscored Mexico remains a potential U.S. entry point for Chinese automakers Canada’s national...
First Shift: Ford’s costly transition to EVs
• Ford’s costly transition to EVs • UAW Sterling Heights plant protest • GM’s Cruise to supply Uber rides • Ford dials back on EV spending • Cadillac raises price of...
Hyundai seeks to save energy with radiant heating, 48V glass
Hyundai’s working on three pieces of tech to advance vehicle cabin heating and cooling The tech could lead to efficiency gains The efficiency gains could lead to more EV range, but could also...
Canoo leaves California, CTO leaves company
Canoo’s done with California and will now be based out of Texas Two of the three founders have left Canoo Canoo pivoted its business model to focus on commercial applications Canoo is planning...