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April 22, 2015 - Industry News

GWC Warranty VSCs Now Available in All 50 States

After receiving regulatory approval in Alaska, the F&I product provider announced that it's now able to operate in all 50 states.

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

April 22, 2015 - Industry News

More Drivers Using Green to Go 'Green,' Experian Finds

Latest Experian study shows consumers buying an alternative-powered vehicle are more likely to pay cash than those buying a gas-powered vehicle

Tags: Earth Day, Electric Vehicles, Experian Automotive, Hybrid Vehicle

April 21, 2015 - Industry News

Asbury’s Q Auto Stores a Work in Progress

The tablet-driven, fixed-price F&I process at Asbury’s Q Auto stores didn’t perform as well as the traditional F&I process employed at the group's core stores, but officials said they are happy with the new format’s progress.

Tags: Asbury Automotive, F&I process, First Quarter, mobile menu, Quarterly Earnings, Used Vehicles

April 21, 2015 - Industry News

In-Vehicle App Integration to Rise, IHS Reports

In a new study highlighting the influence of mobile applications on car buyers, IHS Automotive officials said they expect significant growth in vehicle app integration over the next few years.

Tags: app, IHS Automotive, Mobile Applications, smartphones, Study

April 21, 2015 - Industry News

SNAAC Announces New Hires and Promotions

Security National Automotive Acceptance Company has added three senior-level leaders and five new team members.

Tags: hiring, SNAAC

April 21, 2015 - Industry News

Hudson Cook Adds Partner to N.Y. Office

Hudson Cook LLP has added Trisha Cacciola as a partner in its Long Island, N.Y. office.

Tags: hiring, Hudson Cook LLP, Tom Hudson

April 21, 2015 - Industry News

Superior Integrated Solution Reaches Milestone With Ford SMARTT Dealers

Superior Integrated Solutions announced that that it has surpassed seven million DMS transactions with Ford SMARTT dealers.

Tags: CRM, DMS, DMS integration, F&I products

April 21, 2015 - Industry News

Tablet Usage Especially Low in F&I, Study Finds

An informal survey conducted by Auto/Mate Dealership Systems found that only 20% of dealership sales and service department utilize tablets. In F&I, only 7% of F&I departments polled employ a tablet-driven process.

Tags: Auto/Mate, F&I process, mobile solution

April 20, 2015 - Industry News

Vboost Hits Viral Marketing Milestones

Vboost Inc. announced that it has sent 250,000 photo communications on behalf of its dealer clients.

Tags: milestone, Online Marketing, Social Media, social media marketing

April 15, 2015 - Industry News

VinSolutions Releases Equity Mining Tool

VinSolutions has added a new feature to its VinConnect CRM solution called Target. It enables dealers to mine their customer databases to find more existing sales opportunities.

Tags: Equity, Marketing, Sean Stapleton, VinSolutions

April 15, 2015 - Industry News

SureCritic Hits One Million-Review Mark

SureCritic's website achieved the milestone in just four years. The firm collects information from a business' point-of-sale system and emails customers requesting a review within 24 hours of their visit.

Tags: Customer Reviews, milestone, Online Marketing, SureCritic

April 14, 2015 - Industry News

SHIFTMobility Integrates Carfax Information Into App

SHIFTMobility has become part of myCarfax, integrating Carfax vehicle information into its ShopLite mobile solution.

Tags: Carfax, Management, Vehicle Maintenance, VIN

April 14, 2015 - Industry News

CFPB Faces Mounting Criticism, New Bipartisan Bill

On the same day The Wall Street Journal published an op-ed piece critical of the CFPB’s targeting of the indirect auto finance channel, a bipartisan bill was introduced that aims to repeal the bureau’s guidance on dealer participation.

Tags: Ally Financial, CFPB, Congress, Consumer Financial Protection Bureau, Department of Justice, Indirect Lending, legislation, Richard Cordray

April 14, 2015 - Industry News

NIADA Effort to Halt Oregon BHPH Bill Succeeds

A bill aimed at restricting the practices of buy-here, pay-here dealers in Oregon is off the legislative agenda following an effort by the NIADA to educate lawmakers about the legislation’s potential harmful effects on consumers.

Tags: bhph, bhph dealers, BHPH legislation, buy-here, National Independent Automobile Dealers Associatio, NIADA, pay-here

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, TrueCar.com

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