The Showroom

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April 19, 2018 - Industry News

Black Book: Small Cars Hold Their Own in March

Black Book’s most recent depreciation data charts a spring surge — and predicts a decline — in values for compacts and other smaller-car segments.

April 16, 2018 - Industry News

DOM360 Unveils Automated Facebook Listings

Automotive Digital Marketing Agency has released a tool designed to allow auto dealers to automate vehicle listings for Facebook Marketplace.

April 13, 2018 - Industry News

AutoWeb Names Industry Veteran Jared Rowe President and CEO

The announcement marks Rowe's return to the company where he started his digital marketing career nearly 20 years ago. It also marks his return to the car business.

Tags: Autobytel, AutoWeb, Cox Automotive, digital marketing, digital retailing, technology

April 12, 2018 - Industry News

SUV/CUV Loyalty Reaches Record Levels

IHS Markit analysts say more than two-thirds of SUV and crossover buyers remain loyal to the segment, far outpacing the industry average with no signs of slowing.

April 3, 2018 - Industry News

KBB: Average New-Car Price Jumps 2% in March

Thanks to strong SUV sales, March's average transaction price rose $703 from a year ago to $35,285, the firm said this week.

April 3, 2018 - Industry News

Proactive Updates BDC Video Training Library

Proactive Dealer Solutions announced a series of new additions to its library of interactive videos for business development center training.

March 29, 2018 - Industry News

Cox: Off-Lease Tidal Wave Poses Greatest Risk to New-Vehicle Sales

It’s not just the wave of off-lease vehicles expected to return to the market this year and next, it’s the type of vehicles returning that could stunt new sales. Rising interest rates, however, could turn the tide for the new-vehicle market.

Tags: Cox Automotive, new-vehicle sales, used-vehicle sales

March 28, 2018 - Industry News

Lexus to Offer ‘Subscription-Type Plan’ With New Compact SUV

Photo of 2019 Lexus UX 200 courtesy of Toyota.

The all-new UX crossover SUV will be Lexus' first vehicle to be offered through a subscription plan when it arrives in dealership showrooms this December.

Tags: auto finance, Cadillac, Hyundai, Lexus, Lincoln, Subscription Service, UX 200, Volvo

March 27, 2018 - Industry News

Survey: Dealers Open to Change

A survey of 400 U.S. auto dealers by MAXDigital indicates the majority are preparing to change their sales process to boost profits, combat turnover, and improve CSI.

March 26, 2018 - Industry News

NADA Chairman Outlines Goals, Focus Areas for 2018

Michigan dealer Wes Lutz outlined his chief concerns as the new chairman of the National Automotive Dealers Association.

March 26, 2018 - Industry News

NADA’s Scarpelli: Vehicle Affordability Drives Advocacy Efforts

Outgoing NADA chair and Illinois dealer Mark Scarpelli delivered a moving address at the association’s 2018 convention.

March 23, 2018 - Industry News

NADA Economist: U.S. Light-Vehicle Sales Down 20,000 Units Through February

Patrick Manzi met with the automotive press to discuss the trends affecting auto dealers and industry suppliers in attendance at NADA Show 2018.

March 23, 2018 - Industry News

Outsell Reveals Upgraded Marketing Automation Platform at NADA

Outsell 5.0 promises to take individualized content to the next level, providing unprecedented insight into who’s ready to buy and what they want.

March 23, 2018 - Industry News

Digital Air Strike Launches AI Messaging Tool at NADA

Digital Air Strike’s newest release was designed to help dealers improve website chat, SMS messaging, and Facebook Messenger interaction with car buyers and service customers.

March 23, 2018 - Industry News

AutoLoop Adds TradeAi Tool

AutoLoop’s latest NADA-timed launch was designed to accelerate trade cycles and simplify the process.

March 22, 2018 - Industry News

RouteOne’s MaximTrak Rolls Out Digital Retailing Platform

MaximTrak aims to redefine the F&I transaction with its new FLITE ENGAGE digital retailing platform. Designed to provide an omnichannel experience, the platform can be used by dealership personnel in the showroom or by consumers on their mobile device.

Tags: digital retailing, Jim Maxim, Jr., MaximTrak, online F&I, RouteOne, virtual F&I office, Virtual Showroom

March 22, 2018 - Industry News

Spireon Debuts Kahu Updates at NADA

Spireon’s connected dealer solution now features advanced analytics, enterprise group management, and consumer mobile engagement to drive loyalty and profit for dealers.

March 22, 2018 - Industry News

AutoLoop Acquires Trade-In Valet

The acquisition adds a new online appraisal tool to AutoLoop’s suite of dealership sales and service solutions.

March 21, 2018 - Industry News

Manheim Adds Intelligent Search to OVE

The auction provider’s new personalized search tool was designed to offer dealers greater speed, more relevant results, and greater accuracy.

March 21, 2018 - Industry News

Digital Air Strike Acquires Path Chat

Digital Air Strike has added Path Chat’s artificial intelligence chat technology to its lineup of consumer engagement solutions.

March 20, 2018 - Industry News

FTC Blocks CDK Global's Acquisition of Auto/Mate

The regulator had charged in an administrative complaint that the proposed sale violates federal antitrust laws. The two companies subsequently announced they are abandoning the proposed merger. Auto/Mate officials said the technology company is no longer for sale.

Tags: antitrust, Auto/Mate Dealership Systems, CDK Global, compliance, Federal Trade Commission, merger and acquisition

March 20, 2018 - Industry News

Study: Used Car Profit Gap Closing

A survey of 250 U.S. franchised dealerships revealed a 21% drop in the gross-margin gain between new- and used-vehicle sales as off-lease units flooded the market in 2017.

March 19, 2018 - Industry News

TradeRev Unveils AI for Digital Auctions

TradeRev’s ‘H’ is a new suite of machine learning and imaging capabilities designed specifically for auto dealers.

March 19, 2018 - Industry News

DealerDNA Launches Synergie Marketing Engine

DealerDNA’s newest offering was designed to bring trim-level payment-driven inventory marketing to auto dealers.

March 19, 2018 - Industry News

Ford Launches Online Sales and F&I Website

Ford Motor Co. has launched Ready.Shop.Go., a new ‘online experience’ designed to allow car buyers to find a vehicle, make a deal, and apply for financing.

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