F&I Management & Training

Opel/Vauxhall dealers will meet with the German government and the bidders for the company next week after agreeing to raise 500 million euros ($677 million) to help the ailing automaker.
Representatives from Opel/Vauxhall's 4,000 dealers in Europe voted Friday to take a direct equity stake in the automaker, which has been put up for sale by owner General Motors.
Euroda, the European Opel/Vauxhall dealers association, approved a plan that could give it a 10 percent to 20 percent stake in the automaker and a seat on its supervisory board in return for the investment.
Euroda wants to raise the 500 million euros by having dealers contribute 150 euros from every car sale over the next three years.