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January 25, 2017 - Industry News

Wise F&I Integrates With OptionSoft

Wise F&I's product lineup is now integrated with OptionSoft's menu software.

January 25, 2017 - Industry News

KBB Names Best Resale Values for 2017-MY

The 4Runner is one of four Toyota vehicles that earned a Best Resale Value Award from Kelly Blue Book for the 2017 model-year. Photo courtesy Toyota Motor Sales USA Inc. 

Kelley Blue Book has released the winners of the Best Resale Value Awards for the 2017 model-year. Top honorees include vehicles produced by Toyota, Porsche and General Motors.

January 25, 2017 - Industry News

AutoGravity Launches Digital Finance Platform

AutoGravity's smartphone-based auto finance platform is now available to car buyers in 46 states, the company announced this week.

Tags: AutoGravity, digital retailing, online F&I

January 25, 2017 - Industry News

Roadster Adds Vehicle Recommendation Feature to Ecommerce System

The company’s new Vehicle Recommender tool for the iPad empowers dealership salespeople to instantly identify the right car for customers from the moment they set foot in the dealership. It’s available as a new feature of Roadster’s Express Storefront iPad app.

Tags: digital retailing, Ecommerce, online F&I, Roadster

January 25, 2017 - Industry News

Edmunds: New-Vehicle Sales to Fall in January

The vehicle information site expects new-vehicle sales to total 1.15 million units in January, a 31.5% decrease from December and a 0.7% decrease from January 2016.

Tags: Edmunds, fleet sales, new-vehicle sales, Retail Sales

January 25, 2017 - Industry News

ChannelNet Transforms Hyundai Capital’s Dealer Portal Into Real-Time Sales Tool

Launched in 2016, the portal acts as a cross-channel, integrated platform that applies ‘customer-centric principles’ to the dealer staff experience, officials said. Usage is role based, personalized and mobile friendly.

Tags: captive finance, ChannelNet, digital retailing, Hyundai Capital, salesperson, showroom, Vehicle Sales

January 25, 2017 - Industry News

Quantech Rebrands F&I Solutions, Announces New DMS

Quantech Software Inc. has dropped the word "Online" from its flagship Q-F&I (Online) and Q-Menus (Online) solutions. It also announced this week a new version of its Q-DMS software.

Tags: DMS, F&I manager, F&I menu, Quantech

January 24, 2017 - Industry News

CDK, Darwin Team Up on New F&I Menu System

The new F&I menu system will be marketed and sold as CDK MenuVantage Platinum. It uses "prescriptive selling," a patented technology that uses inputs from consumer, vehicle, deal and third-party sources, to tailor F&I product presentations to individual car buyers.

Tags: CDK Global Inc., Darwin Automotive, F&I manager, F&I menu, F&I products

January 24, 2017 - Industry News

Clarivoy Integrates Multi-Touch Attribution Into Google Analytics

With the new integration, the firm's Multi-Touch Attribution solution collects and pairs all clicks and calls to the appropriate vehicle shopper while fractionalizing the credit within Google Analytics, ensuring no overattribution to any one keyword, campaign or ad group.

Tags: Clarivoy, digital marketing, google analytics, internet department, SEM, SEO, third-party sites

January 24, 2017 - Industry News

AFSA Panel Bursts Subprime Bubble

Representatives from the three major credit bureaus opened the 21st annual Vehicle Finance Conference and Exposition by confirming that there is no forming subprime bubble. They explained why and how millennials are contributing to a healthy auto finance market.

Tags: AFSA Vehicle Finance Conference, American Financial Services Association, Amy Crews Cutts, credit reporting agency, Equifax, Experian Automotive, Jason Laky, Melinda Zabritski, TransUnion, Veritas Auto Finance

January 24, 2017 - Industry News

Court Approves Volkswagen’s $1.6B Dealer Settlement

A federal judge on Monday granted final approval to Volkswagen AG’s $1.67 billion settlement with 652 VW-branded franchised dealers in connection with the automaker’s diesel emissions scandal.

Tags: Diesel, emissions, Settlement, Volkswagen, Volkswagen Scandal

January 24, 2017 - Industry News

automotiveMastermind Showcases Predictive Analytics Tech at NADA 2017

The system is designed to empower dealership sales teams with key insights and valuable information on its top prospects using a proprietary algorithm. It crunches thousands of data point to calculate how likely a customer is to purchase a new vehicle.

Tags: automotiveMastermind, digital retailing, digitla marketing, sales department

January 24, 2017 - Industry News

Doug Frey Joins EasyCare to Lead New Agency Development and Acquisitions

Frey joins the F&I product provider from Allstate Dealer Services, where he served as COO. He will now serve as EasyCare’s executive vice president of new agency relations and acquisitions.

Tags: Allstate, APCO, Doug Frey, EasyCare, F&I manager, F&I products, general agents, GWC Warranty Corporation

January 24, 2017 - Industry News

GWC Warranty Names New Vice President Of Operations

GWC Warranty announced the appointment of Richard Gesler as vice president of operations. He will oversee the F&I product provider's claims, business processing and customer service operations.

Tags: F&I manager, F&I products, GWC Warranty Corporation, vehicle service contracts

January 23, 2017 - Industry News

Study: Reviews, Social Media Drive Sales and Service

Digital marketing firm Digital Air Strike has released its sixth annual “Automotive Social Media Trends” study, which includes statistics relating to the importance of online reviews and social media engagement among car buyers and service customers.

Tags: Customer Reviews, Digital Air Strike, digital marketing, Social Media, twitter

January 23, 2017 - Industry News

Jaguar Land Rover Offers UK Customers Virtual Shopping Experience

Jaguar Land Rover is offering car buyers in the United Kingdom to explore all-new models across its global network using virtual and augmented reality. And according to officials, the Virtual Reality Experience kits will be shipped out to U.S. retailers before the end of January.

Tags: Jaguar Land Rover, Virtual Reality, Virtual Showroom

January 23, 2017 - Industry News

Pearl Technology Connects VehicleXchange to Experian’s Expiring Lease Data

The technology provider has transformed its service drive equity tool into a full-service marketing platform. With its new connection to Experian's expiring lease data, OEM and dealer users will be able to identify and extend a firm offer of credit to all qualifying customers with expiring leases within a market or by ZIP code.

Tags: digital marketing, digital retailing, Equity Mining, Off-Lease Vehicles, Pearl Technology, Press Release, VehicleXchange

January 23, 2017 - Industry News

Dent Wizard Opens New Call Center

Driven by continued growth of the company's F&I business, Dent Wizard announced today it has opened a new 3,800-square-foot call center. It's located a mile from Dent Wizard's St. Louis headquarter.

Tags: Appearance Protection, Dent Wizard, paintless dent removal, reconditioning

January 23, 2017 - Industry News

gvo3, DSGSS Collaborate on New Front-End Compliance Platform

Compliance firms gvo3 & Associates (gvo3) and Dealer Safeguard Solutions (DSGSS) have teamed up on a comprehensive front-end compliance platform that incorporates education, certification, execution, inspection and remediation.

Tags: ACE, Automotive Compliance Education, Dealer Safeguard Solutions, Gil Van Over, gvo3 & Associates

January 23, 2017 - Industry News

Ford Credit Invests in Online Car-Buying Platform

The captive announced a new connection to San Francisco-based AutoFi, which provides a platform that allows customers to purchase and finance a new vehicle via the dealership’s website.

Tags: AutoFi, digital retailing, F&I products, Ford Credit, Online Buying

January 19, 2017 - Industry News

Carleton Names New Director of Client and Channel Engagement

The provider of compliance loan calculation and document generation solutions announced that Peter Radike has joined the company’s management team. He bring more than 20 years of experience in the consumer, business, mortgage, credit card, auto, and private-label lending industries.

Tags: auto finance, Carleton, compliance

January 19, 2017 - Industry News

Rapid Recon to Launch ‘Group Reporting’ at NADA

The workflow and reconditioning software and process provider's new offering is designed to compile and index in graphical dashboard format the monthly performance metrics of multi-rooftop operations, providing clarity into the challenges — and potential performance gains — realized by individual dealerships.

Tags: Dennis McGinn, NADA Convention and Expo, Rapid Recon, reconditioning

January 19, 2017 - Industry News

CarHub.com Quiz Targets Super Bowl Viewers

CarHub.com today released results of a consumer survey designed to help manufacturers and marketers select which models to advertise during the upcoming Super Bowl.

Tags: advertising, automaker, business development center, CarHub.com, CarTron, internet department, Online Marketing, Super Bowl

January 19, 2017 - Industry News

House Republicans Allege CFPB Director Violated U.S. Law in New Report

A new report released by Republican members of the House Financial Services Committee charges CFPB Director Richard Cordray with violating federal law when the regulator published its Larger Participant Rule in June 2015.

Tags: auto finance, CFPB, compliance, FEDERAL REGULATION, House Financial Services Committee

January 19, 2017 - Industry News

Compliance Summit Returns to Texas in September

Held alongside Industry Summit for the second consecutive year, Compliance Summit will include one full day of compliance education for dealers, managers, and sales and F&I professionals. An onsite certification courtesy of Automotive Compliance Education (ACE) will be available to all attendees the following day.

Tags: auto finance, Best Training Day Ever, compliance, Compliance Summit, F&I training, Industry Summit