Articles for Press Releases
Wednesday, May 22, 2013
The captive becomes the first finance source to launch an in-vehicle app that allows vehicle owners to manage their account. The app will be available on model-year 2013 and newer Mercedes-Benz vehicles equipped with the COMAND Navigation system.
Wednesday, May 22, 2013
Auto loan origination activity this year is the strongest it has been for banks since 2006, with new credit generated during January and February totaling $141 billion.
Wednesday, May 22, 2013
CNW Research expects May deliveries to rise 6 percent vs. the same period last year, but says there are some worrisome trends to watch.
Wednesday, May 15, 2013
In the first quarter of 2013, 30-day auto loan delinquencies rose 1.3 percent, 60-day delinquencies increased 12.4 percent and repossessions rose 16.9 percent when compared with the previous year.
Wednesday, May 15, 2013
Marquet International released its annual white collar fraud and embezzlement report today. The report reveals that more automotive employees are embezzling than in previous years.
Wednesday, May 08, 2013
DealerSocket is ready to release its RevenueRadar, an advanced database-mining tool that integrates with DealerSocket CRM and every major DMS.
Wednesday, May 08, 2013
The Consumer Financial Protection Bureau is reportedly looking into the sale of F&I add-ons, a move that comes less than two months after the bureau said it would hold indirect auto lenders responsible for lending practices it considers discriminatory.
Wednesday, May 01, 2013
Dealertrack Technologies elected Joe Payne to its board of directors. Payne is the former chairman and CEO of Eloqua, a provider of cloud-based marketing applications.
Wednesday, May 01, 2013
CU Direct Corporation partners with Canada’s largest credit union to develop eSpaceAuto.com, which will connect its members to 2,200 auto dealer and merchant partners throughout Quebec.
Tuesday, April 23, 2013
Auto/Mate’s recent survey found that integration with a DMS was the most important consideration when it comes to selecting a CRM. The DMS vendor also released a free e-Book.
Tuesday, April 16, 2013
Mobile advertising will reach $7.29 billion in 2013, and Google will take home more than half of it, according to eMarketer.
Tuesday, April 16, 2013
Ford launches a new Vehicle Orientation program. It is designed to bring consumers closer to the features available on their cars through an e-mailed checklist that contains links to ‘video snacks’ on Fordowner.com.
Monday, April 08, 2013
With 1,020,410 units sold worldwide, the Ford Focus is the world’s best-selling passenger car, according to data from Polk.
Monday, April 08, 2013
After pulling a reported $10 million annual ad spend with Facebook last May, General Motors is back on the social media site. This time, the automaker is testing mobile ads.
Tuesday, April 02, 2013
The below-prime auto finance source increases its warehouse credit facility to fuel its originations activities this year. CarFinance currently operates in 44 states.
Tuesday, April 02, 2013
Auto Dealer Monthly reveals the winners of its ninth annual Dealers' Choice Awards. This year's contest had 66 winners in 27 categories.
Wednesday, March 27, 2013
The CFPB launches the nation’s largest database of federal consumer financial complaints. Bureau officials said the database will be used to prioritize its investigations, among other things.
Wednesday, March 27, 2013
The NADA and the National Association of Minority Automobile Dealers say the CFPB’s actions in regards to dealer participation will have an opposite effect on consumers, claiming their cost of credit will go up.
Tuesday, March 19, 2013
Google Business Photos is allowing the site’s millions of online visitors to take a virtual tour of individual dealerships. Similar to Google’s Street View technology, the tour allows potential car shoppers to browse inside the dealership.
Tuesday, March 19, 2013
The automotive digital marketing company’s new advertising dashboard is designed to take the guess work out of digital advertising, providing dealers with a holistic view of competitive market data, ad reach, analytics and multi-channel performance.