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April 14, 2015 - Industry News

‘Is It Compliant?’ to Cap Midwest Compliance Summit

Organizers of Compliance Summit have announced that the event will conclude with “Is It Compliant?”, an open-forum discussion of the topics raised in the course of the conference.

Tags: Compliance Summit, David Gesualdo, David Robertson, James Ganther, Michael Tuno, Terry O'Loughlin

April 14, 2015 - Industry News

TrueCar Dealer Enrollment Hits All-Time High

TrueCar added 840 franchise and independent dealers in the first quarter of 2015, the biggest ever volume gain in company history, company officials said.

Tags: Internet Leads, Lead Generation, Scott Painter, TrueCar, TrueCar Dealer Council,

April 13, 2015 - Industry News

Lexus, Subaru Top DealerRater's Consumer Rating Index

DealerRater announced that Lexus and Subaru have received the highest ratings in customer satisfaction among all vehicle OEMs as part of its 2015 Consumer Rating Index.

Tags: Customer Reviews, DealerRater, Lexus, online ratings, Subaru

April 13, 2015 - Industry News

HookLogic Releases Marketing Attribution E-Book

The e-book details how dealers are using the firm's incentive marketing tools and direct attribution models to increase leads, sales and marketing investment ROI.

Tags: HookLogic, online marketing, Software

April 9, 2015 - Industry News

Full-Size Vans Record Strongest Retention Value, Black Book Reports

Depreciation patterns are on a different trajectory than 2014, according to Black Book. The firm reported a 0.7% decrease in value for 2009-2013 model-year vehicles.

April 9, 2015 - Industry News

3 Birds Marketing Partners with Toyota

The technology firm has partnered with Toyota to offer its dealers tools to measure, track and improve their online performance and presence.

Tags: 3 Birds Marketing, digital marketing, online marketing, social media marketing, Toyota

April 8, 2015 - Industry News

NIADA Takes on Oregon BHPH Legislation

The NIADA, its newly-formed BHPH Commission and Oregon’s independent dealer association are tackling legislation the industry believes could damage the ability of high-risk consumers to purchase cars in the state.

Tags: BHPH Bills, bhph dealers, BHPH legislation, legislation, National Independent Automobile Dealers Associatio, NIADA

April 8, 2015 - Industry News

ADESA Launches Enhanced Online Features

ADESA has made a series of enhancements to its website, designed to make the buying and selling experience easier and more convenient for users.

Tags: ADESA, Auto Auctions, Online Buying, Online Marketplace

April 7, 2015 - Industry News

Ohio AG Sues Used-Car Dealership

Ohio Attorney General Mike DeWine has filed a lawsuit against a used-car dealership and its owner. The now-closed business has received approximately 30 consumer complaints, mostly related to vehicle title issues.

Tags: Attorney General, Compliance, Lawsuit, Mike DeWine, vehicle title

April 7, 2015 - Industry News

March Sales Pace at 17.15 Million-Unit SAAR

Total new-vehicle sales in March increased 0.6% from a year ago to 1,545,802 units. The seasonally adjusted annual rate increased to 17.15 million units, according to Autodata Corp.

Tags: March, monthly sales, SAAR

April 7, 2015 - Industry News

CATA’s Sloan Joins Midwest Compliance Summit

Dave Sloan, president of the Chicago Auto Trade Association (CATA), has agreed to serve as luncheon speaker for the Midwest Compliance Summit, to be held this month.

Tags: Chicago, Compliance, Compliance Summit, David Gesualdo

April 7, 2015 - Industry News

AFIP’s Robertson Joins Midwest Compliance Summit

Organizers of Compliance Summit have announced that David Robertson, executive director of the Association of Finance & Insurance Professionals, will speak at the Midwest event this month.

Tags: AFIP, Compliance, Compliance Summit, David Robertson

April 2, 2015 - Industry News

Buffett Won’t Steer F&I, Defends Franchise Model

The Billionaire investor weighs in on a host of topics, from Tesla and the franchise system to his acquisition of the Van Tuyl Group and the opportunities that lie in F&I.

Tags: Automotive Forum, Berkshire Hathaway Automotive, J.D. Power and Associates, NADA, Van Tuyl Group, Warren Buffet

April 2, 2015 - Industry News

Pelican Auto Finance, AUL Partner on New VSC Program

The subprime auto finance source joined forces with AUL to develop a new vehicle service contract program.

Tags: AUL Corp., F&I manager, F&I Process, F&I products, Pelican Auto Finance, Vehicle Service Contract

April 2, 2015 - Industry News

Nissan, SiriusXM to Debut New Telematics System

SiriusXM and Nissan will debut a new telematics system on select 2016 mode-year Nissan vehicles, starting with the OEM’s flagship Maxima sedan.

Tags: Connected Vehicle, In-Car Technology, Nissan, SiriusXM, Telematics

April 1, 2015 - Industry News

New Study Outlines Keys to Improving Dealership Performance in the Digital Age

A study conducted in cooperation with the NADA concludes that dealers must collaborate more with automakers to fend off challenges to the current retail model.

Tags: Car Sales, digital retailing, Internet shopper, J.D. Power, McKinsey & Co., NADA

April 1, 2015 - Industry News

Agency Head to Tackle 'Your Responsibilities' at Compliance Summit

Michael Tuno of World Class Dealer Services will provide a regulatory update as well as some practical takeaways attendees of Compliance Summit can easily employ at their stores.

Tags: Compliance Summit, Michael Tuno, World Class Dealer Services

April 1, 2015 - Industry News

US Equity Advantage Expands Dealer Services Support

US Equity Advantage has expanded its dealer services team to include business development specialists who will work directly with F&I managers at the company’s dealership partners.

Tags: employment, Hiring, Training, US Equity Advantage

April 1, 2015 - Industry News

The Next Up Integrates with LightSpeed Virtual Trainer

The Next Up announced integration with the LightSpeed Virtual Trainer interactive web-based training platform to bring better on-boarding and training experiences to clients.

Tags: retail sales process, Sales Training, The Next Up

April 1, 2015 - Industry News

McKinsey: Dealers Must Focus on Operations, Marketing

A study conducted by global management consulting firm McKinsey & Company, in cooperation with the NADA, found that operations and marketing spend are the two biggest factors in dealership performance.

April 1, 2015 - Industry News

Autobytel Partners With Scion to Provide ‘Virtual Showroom’

Using Autobytel’s SaleMove, Scion customer service representatives can co-browse directly with customers, using chat and video capabilities.

Tags: Autobytel, Internet Leads, live chat, Scion

March 31, 2015 - Industry News

NADA Chief Economist Maintains 16.94 Million-Unit Prediction

The National Automobile Dealers Association maintained its 16.94 million-unit prediction for new-vehicle sales in 2015. The association’s chief economist said the trade group is revising its outlook for the Fed raising rates, as low oil and gas prices continue to limit inflation.

Tags: Consumer Spending, gross domestic product, NADA, NADA/J.D. Power Automotive Forum, New-Vehicle Sales, U.S. Auto Sales

March 31, 2015 - Industry News

Subaru Chooses SIS as Exclusive Integration Services Provider

Subaru of America has chosen Superior Integrated Solutions as its exclusive provider of integration services to facilitate data exchange between Subaru dealers and DMS vendors.

Tags: DMS, DMS integration, Subaru

March 31, 2015 - Industry News

National Automotive Experts Adds VP of Operations

Gabriella Roberts has joined the National Automotive Experts’ executive management team as vice president of operations.

Tags: employment, Hiring, National Automotive Experts

March 31, 2015 - Industry News

Consumers Would Buy Cars on Smartphones, Morpace Reports

In its monthly online survey of U.S. consumers, market research and consulting firm Morpace found that 17% of car shoppers would complete a car-buying transaction from start to finish on their smartphone.

Tags: Internet shopper, mobile app, Mobile Applications, smartphones, Survey