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April 30, 2018 - Industry News

Black Book Launches Black Book Cherry

Black Book’s new inventory recommendation solution was designed to help dealers identify desirable auction units.

April 26, 2018 - Industry News

ProMax Sold to Private Equity Firm

SNH Capital Partners revealed today it has acquired ProMax for an undisclosed amount, a transaction the automotive software provider's founder hinted at in a social media post two weeks ago.

Tags: auto finance, CRM, desking, F&I menu, inventory management, ProMax Unlimited, SNH Capital Partners, special finance

April 26, 2018 - Industry News

MBUSA Adds Access, Inventory Channels to Online Portal

Dealers using MBonDemand.com now have access to third-party inventories, including off-rental units from Sixt Rent-a-Car.

April 26, 2018 - Industry News

Chicago Dealers, Harper College Partner for Apprentice Program

Chicago-area dealers are throwing their support behind a new registered apprenticeship program that includes real-world training in auto retail, F&I, accounting, fixed ops, and wholesaling.

April 25, 2018 - Industry News

automotiveMastermind Announces Promotion of Three Company Leaders

The promotions will help the organization focus on continued growth and product development, officials said.

Tags: automotiveMastermind, digital marketing

April 25, 2018 - Industry News

VINFactor Partners With Selly CRM

Selly Automotive has incorporated the VINFactor market intelligence tool as a standard feature for U.S. auto dealer users.

April 25, 2018 - Industry News

CarMD: Check Engine Repair Costs Fell 10% in 2017

CarMD’s newly released 2018 Vehicle Health Index indicates more vehicle owners are taking maintenance and ‘check engine’ warnings seriously.

April 25, 2018 - Industry News

ELEAD1ONE Releases Free Ebook

ELEAD1ONE has released ‘The Auto Dealer’s Guide to Digital Retailing,’ a free ebook that includes insights from sales trainers Jim Ziegler and Mark Tewart.

April 25, 2018 - Industry News

Fidelis PPM Adds Remote Auto Repair

A new feature of Fidelis PPM’s preventive maintenance platform was designed to help independent dealers attract more customers and sell more cars.

April 25, 2018 - Industry News

Black Book Teams With Mobility Sales on Vehicle Buyback Program

Under the new partnership, automotive dealers will be immediately alerted through Mobile Sales Solutions’ Vin-Up portable scanner and printer to a vehicle’s latest Black Book value when it's dropped off for service, enabling better resale opportunities with their service customers.

Tags: Black Book, Mobile Sales Solutions, Service, service advisor, Vin-Up

April 24, 2018 - Industry News

Head of Cadillac Departs

Johan De Nysschen has left the company to pursue other interests. The news comes nearly four years after he was named head of General Motors’ luxury brand.

Tags: Cadillac, General Motors, hires

April 24, 2018 - Industry News

Waymo Applies for Calif. Driverless Vehicle Testing

Waymo becomes the second company to ask permission of California’s DMV to test fully driverless vehicles on public roads.

April 24, 2018 - Industry News

Rich LeFurgy Joins LotLinx Board

Established technology advisor and early LotLinx investor brings years of AI and data-driven experience to the company.

April 23, 2018 - Industry News

J.D. Power Integrates Car Ratings Into NADAguides.com

NADAguides.com now features J.D. Power's quality, reliability and performance ratings, and reviews. The planned site enhancements occur just eight months after J.D. Power acquired NADAguides.com.

Tags: digital retailing, J.D. Power, NADAguides.com

April 23, 2018 - Industry News

NAE/NWAN Earns ‘Smart Culture’ Honors

Smart Business magazines has named National Automotive Experts (NAE)/NWAN among its Smart Culture award honorees for 2018.

April 23, 2018 - Industry News

Dealer Wizard Joins Auto/Mate DMS

Auto/Mate Dealership Systems has integrated its dealership management system with Dealer Wizard’s suite of database intelligence solutions.

April 20, 2018 - Industry News

It’s Official: Wells Fargo to Pay $1 Billion Fine

Wells Fargo has consented to pay federal regulators $1 billion to settle charges pertaining to sales of automotive collateral protection insurance and mortgage interest rate-lock extensions.

April 19, 2018 - Industry News

Calif. Dealers Seek New Protections Under State's Franchise Laws

New legislation aimed at strengthening dealer protections under California’s franchise laws will have its first committee hearing on Monday. One of its provisions specifically addresses the disclosure policy General Motors issued last summer regarding the sale of non-GM service contracts.

Tags: California New Car Dealers Association, dealer protection, F&I products, Franchise Laws

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 19, 2018 - Industry News

Ally Announces Sweeping Leadership Changes

Ally Financial announced a number of promotions and the departure of former President of Auto Finance Tim Russi.

April 18, 2018 - Industry News

U.S. Senate Approves Resolution to Repeal CFPB’s Dealer Participation Guidance

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

April 18, 2018 - Industry News

Podium Earns BMW/Mini, FCA Endorsements

Podium has joined the ranks of preferred dealership providers for the BMW/Mini and Fiat Chrysler brands.

April 17, 2018 - Industry News

Hearst Joins CDK Global Partner Program

The new partnership is designed to combine Hearst Autos’ Car and Driver shopping tools with CDK Global’s dealer websites.

April 17, 2018 - Industry News

APCO Names David Vickers CFO

The company’s new CFO brings 35 years of experience in the insurance and automotive industries to the role, having most recently served as executive vice president and CFO of The Warranty Group.

Tags: APCO, connected car, Covideo, David Vickers, digital, EasyCare, F&I products, GWC Warranty, SAVY, technology

April 17, 2018 - Industry News

XPEL Announces New Ultimate Plus Paint Protection Film

The proprietary paint protection film’s zero orange peel finish and clear coat properties make it virtually invisible. Its self-healing capabilities also allow fine scratches and swirls to virtually disappear with exposure to heat.

Tags: F&I products, paint protection, self-healing film, XPEL