Archive | Industry

The Future Direction of the CFPB: Preparing for the Coming Storm

The Future Direction of the CFPB: Preparing for the Coming Storm

Attorney Rick Hackett is the former assistant director of installment and liquidity lending markets for the Consumer Financial Protection Bureau’s (CFPB) division of research. During his stint there he was considered the bureau’s point man for the auto finance industry. At the fall 2014 P&A Leadership Summit and Industry Summit in Las Vegas, Hackett shed … Read More »

Tags: , ,

Posted in Industry0 Comments

A Brief History of F&I

A Brief History of F&I

Recently I’ve been reminiscing about the changes I’ve seen in F&I over the last 40-plus years. The industry originated in the midwest, and many of the pioneering companies – or their offspring – are still in business. Initially, they sold CLAH, CLAH and CLAH. It was considered an accomplishment to obtain $100 per retail unit, … Read More »

Tags:

Posted in Industry1 Comment

Competitive Targets

Steve Pearl, Bruce Osborne, Randall Rabbitt and Jay Sharpnack dissect the competition and give advice on how to win when it comes to reinsurance During one of the sessions at Agent Summit 2014, an expert panel explored what moderator Steve Pearl, president & managing principal, The Oak Group described as the “opaque” topic of reinsurance. … Read More »

Tags: , , , , , ,

Posted in Industry0 Comments

Industry Trends for 2015

Industry Trends for 2015

With the recession now in the rearview mirror, the automotive industry appears to be continuing its upward climb. Car sales are at a steady high and vehicle production was still on the rise at the end of 2014. Those who were forced to tighten their belts to survive some of the economy’s worst days are … Read More »

Tags: , , , , , , , , , , , , , , , , , , , , ,

Posted in Industry0 Comments

Forecasting the Future Direction of the CFPB

Forecasting the Future Direction of the CFPB

Crowds gathered at the September P&A Leadership Summit and Industry Summit in Las Vegas to hear attorney, Rick Hackett’s forecast of the future direction of the Consumer Financial Protection Bureau (CFPB). Hackett is the former assistant director of installment and liquidity lending markets for the bureau’s division of research, and has been considered the point … Read More »

Tags: , ,

Posted in Industry0 Comments

New vs Used Customers – Identifying Their F&I Hot Button

New vs Used Customers – Identifying Their F&I Hot Button

We have seen major shifts in customer buying behavior since the great recession. In fact we have realistically seen more changes in their buying habits in the last five years than we have in the previous 25! One of the major shifts has been a record in the length of the average loan with a … Read More »

Tags: , ,

Posted in Industry1 Comment

Page 11 of 25« First...910111213...20...Last »