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January 30, 2017 - Industry News

The Work Number Connects With Digital Matrix Systems

Digital Matrix Systems has added Equifax Workforce Solutions' income and employment verification service.

January 30, 2017 - Industry News

Experian Announces New Senior Vice President of Automotive Sales

The information services firm announced that John DeMarco has joined the company as senior vice president of automotive sales. He brings 27 years of leadership experience, having held a number of senior leadership roles at firms like CDK Global and Ford Motor Co.

Tags: CDK Global, Experian Automotive, Ford Motor Co., John DeMarco

January 30, 2017 - Industry News

VinSolutions Announces New Integration with Dealertrack

The integration has resulted in a new upgrade for VinSolutions Connect Desking tool. Called Rates & Residuals, the new feature allows users to structure deals for new and pre-owned vehicles by accessing incentives, rates, and captive and noncaptive lending programs within VinSolutions.

Tags: auto finance, CRM, Deal Structuring, Dealertrack, Desking, VinSolutions

January 27, 2017 - Industry News

Industry Summit 2017: Big Value in Big D

Industry Summit moves to Dallas in September for its biggest annual event yet. It is scheduled for Sept. 11–14, 2017, at the Gaylord Texan in Grapevine, Texas.

January 26, 2017 - Industry News

CalAmp Announces Nationwide Availability of LoJack Telematics Solutions

LotSmart by LoJack offers automotive dealerships detailed information about the status of their inventory. The telematics solution also offers a seamless sell-through option for dealers to grow incremental revenue by offering SureDrive to consumers who want a comprehensive aftermarket connected-car solution.

Tags: CalAmp, Connected Vehicle, LoJack, telematics

January 26, 2017 - Industry News

RoadVantage Teams With The Academy on New Training Initiative

The Academy is led by F&I trainer Tony Dupaquier. The program includes workshops for personnel at all levels within F&I and sales operations, and is designed with today’s internet-educated shoppers in mind.

Tags: digital retailing, F&I manager, F&I training, Garret Lacour, Internet shopper, RoadVantage, The Academy, Tony Dupaquier

January 25, 2017 - Industry News

KBB: January Sales to Fall 3% YOY

After a record December capped off a record year for new-vehicle sales, January appears to be enduring a hangover effect, the vehicle information site said. It expects sales to decline 3% from a year ago to 1.13 million units.

Tags: fleet sales, Kelley Blue Book, new-vehicle sales, Retail Sales

January 25, 2017 - Industry News

RouteOne’s Econtracting Platform Now Features Remote Document Delivery

The new technology allows users of RouteOne's econtracting solution to send their customers a secure link to access their deal files. Buyers can review the documents in the dealership on their own smartphone or tablet, or they can log in at home to review, save or print them for later reference.

Tags: compliance, digital retailing, eContracting, RouteOne

January 25, 2017 - Industry News

Spireon Launches Kahu Connected Car Solution at NADA

The new solution was designed to provide streamlined lot management, a new F&I profit center, and proactive maintenance reminders.

January 25, 2017 - Industry News

Wise F&I Integrates With OptionSoft

Wise F&I's product lineup is now integrated with OptionSoft's menu software.

January 25, 2017 - Industry News

KBB Names Best Resale Values for 2017-MY

The 4Runner is one of four Toyota vehicles that earned a Best Resale Value Award from Kelly Blue Book for the 2017 model-year. Photo courtesy Toyota Motor Sales USA Inc. 

Kelley Blue Book has released the winners of the Best Resale Value Awards for the 2017 model-year. Top honorees include vehicles produced by Toyota, Porsche and General Motors.

January 25, 2017 - Industry News

AutoGravity Launches Digital Finance Platform

AutoGravity's smartphone-based auto finance platform is now available to car buyers in 46 states, the company announced this week.

Tags: AutoGravity, digital retailing, online F&I

January 25, 2017 - Industry News

Roadster Adds Vehicle Recommendation Feature to Ecommerce System

The company’s new Vehicle Recommender tool for the iPad empowers dealership salespeople to instantly identify the right car for customers from the moment they set foot in the dealership. It’s available as a new feature of Roadster’s Express Storefront iPad app.

Tags: digital retailing, Ecommerce, online F&I, Roadster

January 25, 2017 - Industry News

Edmunds: New-Vehicle Sales to Fall in January

The vehicle information site expects new-vehicle sales to total 1.15 million units in January, a 31.5% decrease from December and a 0.7% decrease from January 2016.

Tags: Edmunds, fleet sales, new-vehicle sales, Retail Sales

January 25, 2017 - Industry News

ChannelNet Transforms Hyundai Capital’s Dealer Portal Into Real-Time Sales Tool

Launched in 2016, the portal acts as a cross-channel, integrated platform that applies ‘customer-centric principles’ to the dealer staff experience, officials said. Usage is role based, personalized and mobile friendly.

Tags: captive finance, ChannelNet, digital retailing, Hyundai Capital, salesperson, Showroom, Vehicle Sales

January 25, 2017 - Industry News

Quantech Rebrands F&I Solutions, Announces New DMS

Quantech Software Inc. has dropped the word "Online" from its flagship Q-F&I (Online) and Q-Menus (Online) solutions. It also announced this week a new version of its Q-DMS software.

Tags: DMS, F&I manager, F&I menu, Quantech

January 24, 2017 - Industry News

CDK, Darwin Team Up on New F&I Menu System

The new F&I menu system will be marketed and sold as CDK MenuVantage Platinum. It uses "prescriptive selling," a patented technology that uses inputs from consumer, vehicle, deal and third-party sources, to tailor F&I product presentations to individual car buyers.

Tags: CDK Global Inc., Darwin Automotive, F&I manager, F&I menu, F&I products

January 24, 2017 - Industry News

Clarivoy Integrates Multi-Touch Attribution Into Google Analytics

With the new integration, the firm's Multi-Touch Attribution solution collects and pairs all clicks and calls to the appropriate vehicle shopper while fractionalizing the credit within Google Analytics, ensuring no overattribution to any one keyword, campaign or ad group.

Tags: Clarivoy, digital marketing, google analytics, internet department, SEM, SEO, third-party sites

January 24, 2017 - Industry News

AFSA Panel Bursts Subprime Bubble

Representatives from the three major credit bureaus opened the 21st annual Vehicle Finance Conference and Exposition by confirming that there is no forming subprime bubble. They explained why and how millennials are contributing to a healthy auto finance market.

Tags: AFSA Vehicle Finance Conference, American Financial Services Association, Amy Crews Cutts, credit reporting agency, Equifax, Experian Automotive, Jason Laky, Melinda Zabritski, TransUnion, Veritas Auto Finance

January 24, 2017 - Industry News

Court Approves Volkswagen’s $1.6B Dealer Settlement

A federal judge on Monday granted final approval to Volkswagen AG’s $1.67 billion settlement with 652 VW-branded franchised dealers in connection with the automaker’s diesel emissions scandal.

Tags: Diesel, emissions, Settlement, Volkswagen, Volkswagen Scandal

January 24, 2017 - Industry News

automotiveMastermind Showcases Predictive Analytics Tech at NADA 2017

The system is designed to empower dealership sales teams with key insights and valuable information on its top prospects using a proprietary algorithm. It crunches thousands of data point to calculate how likely a customer is to purchase a new vehicle.

Tags: automotiveMastermind, digital retailing, digitla marketing, sales department

January 24, 2017 - Industry News

Doug Frey Joins EasyCare to Lead New Agency Development and Acquisitions

Frey joins the F&I product provider from Allstate Dealer Services, where he served as COO. He will now serve as EasyCare’s executive vice president of new agency relations and acquisitions.

Tags: Allstate, APCO, Doug Frey, EasyCare, F&I manager, F&I products, general agents, GWC Warranty Corporation

January 24, 2017 - Industry News

GWC Warranty Names New Vice President Of Operations

GWC Warranty announced the appointment of Richard Gesler as vice president of operations. He will oversee the F&I product provider's claims, business processing and customer service operations.

Tags: F&I manager, F&I products, GWC Warranty Corporation, vehicle service contracts

January 23, 2017 - Industry News

Study: Reviews, Social Media Drive Sales and Service

Digital marketing firm Digital Air Strike has released its sixth annual “Automotive Social Media Trends” study, which includes statistics relating to the importance of online reviews and social media engagement among car buyers and service customers.

Tags: Customer Reviews, Digital Air Strike, digital marketing, Social Media, twitter

January 23, 2017 - Industry News

Jaguar Land Rover Offers UK Customers Virtual Shopping Experience

Jaguar Land Rover is offering car buyers in the United Kingdom to explore all-new models across its global network using virtual and augmented reality. And according to officials, the Virtual Reality Experience kits will be shipped out to U.S. retailers before the end of January.

Tags: Jaguar Land Rover, Virtual Reality, Virtual Showroom