The Dealer 5 | September 30, 2015

Dealer news and information from WardsAuto and around the web.

Steve Finlay, Contributing Editor

September 30, 2015

3 Min Read
The Dealer 5 | September 30, 2015

Welcome to The WardsAuto Dealer 5 - we've put together important items from WardsAuto.com and across the Internet. So let's go:

1.

Becoming more powerful as consumers, car buyers want F&I information, and they’re more likely to buy if they get it early. That means posting it.

2.

“Dealers will take every one they can get,” a GM person says of the Chevy Colorado and GMC Canyon midsize pickups. Eight months into their launch the trucks are towing away skeptics.

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"I had ADP, Dealertrack and Reynolds in my stores. I spent a lot of time doing my homework on DMS providers. I switched all my stores to Reynolds. If I didn’t think Reynolds was the best, I wouldn’t have done it.”

-Joe Laham, President of Premier Companies

 See why Joe switched.

3.

Obviously not a great time to be a Volkswagen dealer. It's a classic case of being a victim of circumstances.

4.

Fifth Third is the third auto lender to settle up on a CFPB claim. The bank agrees to pony up millions of dollars and cap dealer reserve.

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5.

Minivans are a softening segment (WardsAuto: about 600,000 units last year, 570,000 the year before) And only a few players remain. But here are the winners in a best-minivan contest.

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To see all the day's dealer news and information, go to WardsAuto.com/Dealers.  

 

Read more about:

2015

About the Author

Steve Finlay

Contributing Editor

Steve Finlay is a former longtime editor for WardsAuto. He writes about a range of topics including automotive dealers and issues that impact their business.

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