April 12, 2018 - Industry News
A Spanish-language music video is being credited with a record month for internet sales at Miami’s Headquarter Toyota.
March 28, 2018 - Industry News
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
April 18, 2018 - Industry News
Today’s vote leaves it up to the House of Representatives to pass its version of the joint resolution of disapproval. Once that happens, only the president’s signature stands in the way of the industry’s more than five-year campaign to get the CFPB’s controversial guidance repealed.
Tags: auto finance, CFPB, compliance, Congressional Review Act, dealer markups, dealer participation, Flat Fees
March 27, 2018 - Industry News
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.
April 2, 2018 - Industry News
When installations are completed in mid-July, Hendrick Automotive Group will be the largest single user of Reynolds’ docuPAD system in the United States.
Tags: compliance, docuPAD, econtracting, F&I menu, F&I products, F&I technology, Hendrick Automotive Group
March 23, 2018 - Industry News
Patrick Manzi met with the automotive press to discuss the trends affecting auto dealers and industry suppliers in attendance at NADA Show 2018.
December 20, 2017 - Industry News
Based on an interpretive rule issued by the Defense Department on Dec. 14, including credit-protection products like GAP in a servicemember’s vehicle finance contract could subject it to a slew of restrictions and requirements under the Military Lending Act (MLA).
Tags: compliance, credit insurance, Department of Defense, F&I products, GAP, Military Lending Act, National Automobile Dealers Association, servicemembers
March 26, 2018 - Industry News
CDK Global’s Connected Store 2.0 now offers F&I products through a new partnership with Darwin Automotive.
April 9, 2018 - Industry News
Dryzynski joined the company more than eight years ago as director of human resources. He also serves as a regulator contributor to F&I and Showroom magazine.
Tags: Auto/Mate Dealership Systems, Dave Druzynski, human resources, Promotions
March 21, 2018 - Industry News
Zurich North America has joined Dealertrack’s aftermarket network in a move designed to help dealers deliver a ‘more digitized’ experience for car buyers.
Tags: Dealertrack, digital retailing, F&I process, online F&I, Zurich
April 11, 2018 - Industry News
U.S. Senate Banking Committee Republican Pat Toomey said on Tuesday the panel plans to scrap the CFPB’s guidance on dealer participation and leverage lending.
Tags: auto finance, compliance, Consumer Financial Protection Bureau, dealer participation, Reuters
Fair is set to remarket vehicles on SmartAuction and offer flexible financing powered by Ally’s Clearlane program.
The automotive publisher now offers a trade-in appraisal widget and an Equifax-powered credit score tool dealers can embed into their vehicle details page on a 'Car and Driver' vehicle listing.
Tags: Car and Driver, digital marketing, digital retailing, Hearst Autos
March 29, 2018 - Industry News
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
Michigan dealer Wes Lutz outlined his chief concerns as the new chairman of the National Automotive Dealers Association.
Utah dealer Brad Strong began his 2018 AIADA chairmanship with a bang, calling out Washington’s ‘tax and tariff schemes’ in a Las Vegas address.
March 22, 2018 - Industry News
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
The San Francisco startup announced its partnership with Cox Automotive last week. According to officials, the relationship will help Shift expand operations with reduced capital investment and drive efficient launches in markets where Manheim has a presence.
Tags: Cox Automotive, digital retailing, Manheim, online F&I, Shift
A new partnership between Darwin and ELEAD1ONE promises to help protect F&I production in an increasingly digitized car-buying process.
The Dealership Advantage Program is a vehicle merchandising and protection package designed to help dealers present fresher, more appealing inventory and deliver a better customer experience.
Tags: Allied Solutions, certified pre-owned vehicles, Fidelis PPM, paint protection, vehicle service contracts, Vero
July 13, 2017 - Industry News
The Guaranteed Asset Protection Alliance, a lobbying group made up of GAP providers, administrators and finance sources, was instrumental in getting two of the three laws passed — the most recent state to adopt its model act being Maine.
Tags: compliance, F&I products, GAP, GAPA, GAPWise, Guaranteed Asset Protection Alliance, insurance, Regulations, Rob Berger, Timothy Meenan, Wise F&I
April 10, 2018 - Industry News
According to a report in The Wall Street Journal, the review of GAP refunds the bank initiated last year has expanded to other F&I products and services.
Tags: auto finance, compliance, Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, Wells Fargo
March 12, 2018 - Industry News
Cox Automotive’s new connected retail platform was designed to connect the online and in-store process to drive faster car deals.
automotiveMastermind has launched conquestMastermind, a new marketing solution designed to leverage ‘market-best’ predictive indicators.
The automaker is adding a slate of pre-owned 2017 Lincoln models to its subscription program in West Los Angeles. The program was originally launched there and in San Francisco in 2015.
Tags: auto finance, Canvas, Lincoln, Subscription Service
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