Should the dealership F&I office continue to stand on its own or be incorporated into the sales department? Two industry people tackle that one, offering much different views. Former dealership general manager John Napoleon is a proponent of restructuring F&I into the sales manager’s domain. A few dealers have tried […]
car
It appears that the double whammy of raging inflation and high gas prices are taking a financial toll on millions of Americans. Yes, as many motorists are already aware, new vehicles cost over 12 percent more than a year ago—and it’s even worse for used cars, which are up more […]
Formations co-founders Uri Bar-Joseph (left) and Shahar Plinner. (Formations Photo) — Bellevue, Wash.-based financial services firm Formations raised $8 million. The startup provides services and software to simplify and reduce taxes and other paperwork for self-employed individuals. The company’s main product is a process to facilitate the formation an “S-Corporation,” a […]
Toyota is shutting down its plants in Japan on Tuesday after one of its suppliers suffered a cyberattack. The dramatic move from the automaker highlights the particular vulnerability of the manufacturing industry to such attacks, and the substantial consequences a breach can cause. The attack on Kojima Industries, a major […]