April 9, 2018 - Industry News
SouthwestRe has partnered with Reahard & Associates to offer F&I training and compliance certification to agents and dealers.
Tags: F&I products, F&I training, Reahard & Associates, reinsurance, Ron Reahard, SouthwestRe
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
NextGear Capital has introduced ‘Rapid Pay,’ a new feature designed to help dealers initiate the vehicle funding process before the title is received.
Tags: auto finance, floorplan financing, NextGear Capital
Auto/Mate has partnered with Worldpay to add a credit card processing feature to its DMS.
Black served as the F&I product provider's COO for the last seven-plus years. He succeeds Terry Koebbe, whose title was elevated to chairman. Both moves took effect on April 1.
Tags: Dent Wizard, F&I products, Mike Black, paintless dent removal, reconditioning, Terry Koebbe
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
April 5, 2018 - Industry News
Netsertive has been selected as a certified partner of the Volkswagen Dealer Digital Program, giving participating dealers access to a suite of digital marketing tools.
NCM Associates has acquired ConSept LLC, a merger NCM claims makes it the leading automotive 20 Group provider in North America.
April 3, 2018 - Industry News
Thanks to strong SUV sales, March's average transaction price rose $703 from a year ago to $35,285, the firm said this week.
The vehicle intelligence company announced the appointment of Rashid Ismail as senior vice president of customer success. The former CoreLogic executive will be responsible for customer lifecycle management.
Tags: Connected Vehicle, F&I office, Spireon
Proactive Dealer Solutions announced a series of new additions to its library of interactive videos for business development center training.
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
A new partnership between Darwin and ELEAD1ONE promises to help protect F&I production in an increasingly digitized car-buying process.
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
March 29, 2018 - Industry News
Last week, car segment values were up 0.26% compared to the 0.01% depreciation the segment experienced the week prior. This added up to the strongest week for car segment values in two years.
Tags: Black Book, used-vehicle values, vehicle depreciation
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
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
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
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.
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 26, 2018 - Industry News
US Equity Advantage has added a suite electronic enrollment features to its biweekly F&I service.
CDK Global’s Connected Store 2.0 now offers F&I products through a new partnership with Darwin Automotive.
The American International Automobile Dealers Association presented Chicago auto dealer Mike McGrath with its 2018 David F. Mungenast Sr. Lifetime Achievement Award.
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.
Michigan dealer Wes Lutz outlined his chief concerns as the new chairman of the National Automotive Dealers Association.
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