September 7, 2017 - Industry News
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
AUL Corp. was named among the North Bay Business Journal’s ‘Best Places to Work in the North Bay’ for the fourth consecutive year.
ProMax Unlimited’s John Palmer will present ‘Soft Pull Technology: Best Practices for Both Digital Marketing and Showroom Traffic’ as part of the Special Finance portion of the Industry Summit agenda.
Tags: auto finance, John Palmer, lead generation, ProMax Unlimited, Soft Pull
In a surprise addition to the P&A Leadership Summit agenda, Matthew Bartle and David Marcus of Bartle & Marcus LLC will address General Motors’ recent directives regarding the sale of non-OEM parts and service contracts.
Tags: Administrators, F&I product provider, F&I products, General Motors, PALS
A new report from Jumpstart Automotive Media shows that longer term digital marketing campaigns earn higher click-through rates, diminishing the dealer’s cost per lead.
August 28, 2017 - Industry News
The NADA Foundation is calling on dealers and dealer association groups to donate online to its emergency relief fund. Dealership employees affected by the flooding can apply for financial assistance.
Tags: Hurricane Harvey, NADA Foundation
Craig Monaghan will step down as Asbury's president and CEO on Jan. 1 after nine years as the group's chief executive. David Hult, the company’s COO since November 2014, was named his successor.
Tags: Asbury Automotive, Craig Monaghan, David Hult, employment, hires
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