September 14, 2017 - Industry News
Accelerated Service International (ASI) has launched TruGAP, a new product designed to meet customers’ expectations for coverage and value and raise the bar for GAP coverage industrywide.
September 12, 2017 - Industry News
Accelerated Service International (ASI) has launched Care Free VSC, a new program designed to benefit agents, dealers and customers with a combination of highly favorable terms and a built-in maintenance component.
September 8, 2017 - Industry News
The F&I program provider released a series of non-brand-specific videos designed to raise consumer awareness about nine F&I protections and the value they provide vehicle owners. The videos can be downloaded for free and posted to a dealer’s website or played in a dealership’s waiting room.
Tags: digital marketing, F&I office, F&I process, online F&I, RaodVantage
Ivan ‘Pudge’ Rodriguez will greet attendees and sign complimentary copies of his autobiography, ‘They Call Me Pudge,” at Industry Summit in Dallas.
Tags: Industry Summit
CDK Global and ActivEngage Inc. have partnered to launch Concierge Chat, a new feature built into CDK’s Next Gen websites.
September 7, 2017 - Industry News
Out of the 22 vehicle segments tracked monthly by Kelley Blue Book, only 10 posted higher sales numbers compared to the first eight months of 2016. Of those 10, large vehicles commanded eight of those spots.
Tags: Kelley Blue Book, new-vehicle sales, SAAR
Income development company SouthWest Dealer Services (SWDS) has acquired Spokane, Wash.-based Evergreen Dealer & Insurance Services (Evergreen). Financial terms of the transaction were not disclosed.
Tags: F&I products, F&I training, general agents, Southwest Dealer Services
Aside from the promotion of Nieves, who has been with the company for more than 20 years and previously served as national accounts manager, AUL announced the promotion of Henry Paoli to national sales manager.
Tags: AUL Corp., F&I manager, F&I products, used vehicles, vehicle service contracts
Manheim said it's closing four of its Florida auctions on Friday ahead of Hurrican Irma's expected landfall there. The storm battered Puerto Rico on Wednesday after striking the northern Lesser Antilles and the Virgin Islands with 185-mile-per-hour winds.
Tags: ADESA, Auto Auctions, Hurricane Harvey, Kar Auction Services, Manheim, Natural Disaster
September 6, 2017 - Industry News
Industry Summit 2017 (Sept. 11-14) is quickly approaching. American Financial & Automotive Services' John Vecchioni, the conference’s master of ceremonies, explains why it’s the premier event in the F&I industry.
Tags: F&I managers, F&I Think Tank, Industry Summit, showroom, Vehicle Sales
According to the American International Automobile Dealers Association, Hyundai and Nissan registered significant sales declines in August, while Subaru, Toyota, Volkswagen, and Volvo finished the month on a high note.
Tags: American International Automobile Dealers Associat, Hurricane Harvey, Hyundai, Nissan, Subaru, Toyota, Volkswagen, Volvo
Cotter’s prior experience includes leadership roles and product launches with CompetitorPro, TrueCar and Cox Automotive.
Traffic Control CRM announced the integration of its mobile app with Acuant Inc.’s data-capture and auto-fill technology, giving users the ability to scan and capture customer info anywhere in the dealership and with minimal disruption.
Houston auto auctions are slowing coming back online after assessing the impact of Hurricane Harvey.
Tags: ADESA, America's Auto Auction, Houston Auto Auction, Hurricane Harvey, Manheim
September 5, 2017 - Industry News
F&I and Showroom and F&I Express announced the five category winners for the inaugural F&I Digital Media Awards. The Grand Prize winner will be announced at Industry Summit next week.
Ford, Toyota, Nissan, and other automakers have made cash donations and other contributions to help the victims of Hurricane Harvey in south Texas and other Gulf Coast areas.
Tags: disaster relief, Ford, Hurricane Harvey, Nissan, Subaru, Toyota, Volkswagen, Volvo
A preliminary assessment by Houston-based Group 1 Automotive found that employees were able to protect most of the company’s inventory in its Houston and Beaumont, Texas, stores from the devastating effects of Hurricane Harvey.
Tags: disaster relief, Group 1 Automotive, Hurricane Harvey, Natural Disaster
The average transaction price rose despite mixed results for major automakers, with Fiat Chrysler topping the list with a 6.1% year-over-year increase in the brand’s average price.
Tags: Fiat Chrysler, Hyundai, Kelley Blue Book, Kia, transaction prices
Utah Business named Alpha Warranty Services to its rankings of the 50 fastest growing companies in the state, marking the company’s first entry on the coveted list.
Fair was founded last year by former TrueCar CEO Scott Painter and auto finance legend Georg Bauer. Today, the company launched its car-buying app, which allows a customer to get a pre-owned car with just a driver’s license and a bank account.
Tags: digital retailing, Fair, George Bauer, online F&I, Scott Painter, TrueCar
August 31, 2017 - Industry News
Black Book issued its estimate days after Cox Automotive Chief Economist Jonathan Smoke said the number of damaged vehicles could reach half a million. With Harvey coming ashore near the Texas-Louisiana border on Wednesday, forecasts remain fluid.
Tags: Auto Auctions, Hurricane Harvey, Hurricanes, Retail Sales, Wholesale Pricing
August 30, 2017 - Industry News
The media, insights and marketing solutions provider reported today that the share of interest for entry luxury sedans increased 9% from a year ago across its portfolio of automotive websites.
Tags: Jumpstart Automotive
Client Command has earned recognition as one of Inc.’s 5,000 fastest growing companies for the sixth consecutive year.
Pearl Technology’s ShowroomXpress car-buying platform now features Kelley Blue Book’s Instant Cash Offer for online and showroom customers.
August 29, 2017 - Industry News
DealerSocket CEO Jonathan Ord is stepping into a new role within the company he co-founded in 2001. Replacing him as president and CEO is Sejal Pietrzak
Tags: CRM, DealerSocket, desking, digital retailing, Jonathan Ord, online F&I
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