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July 10, 2014 - Industry News

Calif. City Offers Incentives to New-Car Dealers

The city of Anaheim, Calif., has approved a new program that would give new-car dealers a 40% rebate on the city’s share of sales taxes for 10 years.

Tags: Incentives, sales tax

July 8, 2014 - Industry News

Dealer United Selects Trilogy SmartLeads as Lead Provider

Dealer United has selected Trilogy SmartLeads as its third-party auto lead provider. SmartLeads qualifies vehicle leads with a patented scoring engine.

Tags: Internet Leads, Lead Generation

July 8, 2014 - Industry News

Hybrid Electric Vehicle Sales Soften, NADA Reports

Hybrids retain less of their original value than their non-hybrid counterparts, and steady gas prices and improving fuel economy will make hybrids less appealing to consumers, the NADA reports.

Tags: Hybrid Vehicle, NADA, NADA Used Car Guide, Toyota Prius, vehicle depreciation

July 8, 2014 - Industry News

Cal-Tex Names Director of Marketing

Sandra Moore takes over as director of marketing for the F&I product provider. She previously served as director of marketing for General Motors' Buick and GMC brands.

Tags: Cal-Tex Protective Coatings, Hiring

July 8, 2014 - Industry News

Space Coast Credit Union Adopts RouteOne Econtracting

Space Coast Credit Union, which serves more than 230,000 members on Florida’s east coast, has adopted RouteOne’s eContracting platform using its new DiscountOne product.

Tags: Credit Unions, eContracting, RouteOne

July 8, 2014 - Industry News

Attractive Financing Boosts Q2 Used-Vehicle Values, Manheim Reports

Strong consumer demand and attractive financing drove up both volume and values for used cars during the second quarter, Manheim reports.

Tags: certified pre-owned vehicles, Manheim, recession, used-vehicle values

July 8, 2014 - Industry News

Ohio AG Seeks Reimbursement from Dealer

Calland Auto Group and its owner are accused of failing to provide consumers with motor vehicle titles as required by Ohio law. The Ohio Attorney General seeks reimbursement to the state’s Title Defect Recision Fund.

Tags: Lawsuit, Ohio, Ohio Attorney general, vehicle title

July 3, 2014 - Industry News

BBB Warns Consumers of Fake Dealership

Customers reported that they found listings for the dealership on Cars.com, but the dealer was using a fake address.

Tags: BBB, Cars.com, Fraud

July 2, 2014 - Industry News

Adam Systems Joins F&I Express Network of Aftermarket Providers

Dealers using Adam Systems' DMS can now electronically access more than 60 F&I providers for erating, econtracting and remittance through the F&I Express platform.

Tags: F&I Express, F&I product provider, F&I products

July 2, 2014 - Industry News

Dealertrack Acquires ASR Pro

Dealertrack announced this week it has acquired all the assets of ASR Pro, a provider of a web-based multipoint-inspection solution and fixed-operations services for dealerships.

Tags: Acquisition, Dealertrack, fixed operations, Vehicle Inspection

July 1, 2014 - Industry News

Kansas City Dealer to Seek Permanent ACA Exemption

Following Monday's Supreme Court ruling in favor of Hobby Lobby, the owner of Randy Reed Automotive will seek a permanent injunction exempting him from providing insurance coverage for the 'morning after' pill.

Tags: Lawsuit, Obama administration, the morning after pill

July 1, 2014 - Industry News

J.D. Power: Transaction Prices Reach Record High

Transaction prices for the first six months of 2014 averaged a record $29,630. Consumer expenditures on new vehicles also reached a record high of $194 billion during the period.

Tags: J.D. Power and Associates, LMC Automotive, Transaction Prices, Vehicle Sales

July 1, 2014 - Industry News

LotLinx Selects New CEO

Dean Evans most recently served as the CMO of Subaru of America Inc. As CEO of LotLinx, he will be responsible for strategic direction, development of key partnerships and customer relationships.

Tags: Hiring, LotLinx

June 29, 2014 - Industry News

Ed Bobit, founder and chairman of Bobit Business Media, has passed away

Ed Bobit, founder and chairman of Bobit Business Media, and publisher of Automotive Fleet magazine and many other media brands, passed away this morning at the age of 86. Last summer Bobit had undergone valve-replacement surgery and had been working primarily from home. He died peacefully in his sleep.

June 27, 2014 - Industry News

Allstate Selects New President for Dealer Services Division

Allstate Corp. has named a new president for its dealer services division, about four months after Doug Herberger resigned from the post. The company also named a new COO.

Tags: Allstate Dealer Services, Promotions

June 26, 2014 - Industry News

TrueCar Launches Product Incubator

The first application to be developed by TrueCar Labs will be “Sell My Car," a mobile application that enables consumers to get an upfront offer on their current vehicles.

Tags: John Krafcik, Mobile Applications, TrueCar

June 26, 2014 - Industry News

11 Consumer Groups Ask FTC to Crack Down on CarMax

A coalition of consumer-protection groups asked the FTC to investigate CarMax for selling recalled vehicles. CarMax officials claim the chain is doing the best it can with a broken system.

Tags: CARMAX, consumer advocates, Deceptive Advertising, Federal Trade Commission, Recall

June 25, 2014 - Industry News

New Tool Helps Dealers Send Recall Notifications

Recall Angel helps dealers quickly communicate OEM recall notifications to their customers so they can service those recalled vehicles effectively.

Tags: Dealer Software, vehicle recall

June 25, 2014 - Industry News

Dealership Buy/Sell Activity on Pace For Blockbuster Year, Firm Reports

Buy/sell activity is being driven by the fact that auto dealers are enjoying some of the best operating conditions in more than a decade, Haig Partners reports.

Tags: Acquisition, First Quarter, General Motors, Lithia Motors, vehicle recall

June 25, 2014 - Industry News

Rick Case Appointed First South Fla. Alfa Romeo Dealer

To celebrate the unveiling of the new store, the group will donate the first 2015 Alfa Romeo 4C to live auction, with 100% of the bid price over MSRP being donated to charity.

Tags: Acura, Audi, charity giving, Chrysler, donation, Fiat, Honda, Hyundai, Kia, Mazda, Volkswagen

June 25, 2014 - Industry News

IHS Automotive: Loyalty Drives Gains in Automotive Market Share

In the first quarter, loyalty and conquesting efforts by manufacturers paid off in improved retail market share.

Tags: brand loyalty, customer loyalty, Ford, IHS Automotive, manufacturers, Mercedes-Benz, Nissan, Subaru, Toyota

June 24, 2014 - Industry News

TrueCar: Car Buyers, Dealers Have “Trust Gap”

Car buyers believe that dealers make about five times more profit on the sale of a new car than they actually do, according to a new study commissioned by TrueCar.

Tags: Customer Experience, Profitability, Survey, TrueCar

June 24, 2014 - Industry News

Dealertrack Expands Inventory Management Solution

Dealertrack Technologies’ all-new Inventory+ offers a vehicle trade-in quote module designed to help dealers win more trade-ins and convert more leads into sales. The tool also offers a fully integrated transportation tool.

Tags: Dealertrack, Inventory Management, trade-in value

June 24, 2014 - Industry News

Dealership Buy/Sell Activity Jumps 60% in Q1

The Kerrigan Quarterly Blue Sky Report also finds that blue sky pricing remains high for most franchises, with the market having established a pricing floor.

Tags: BMW, First Quarter, Honda, Lexus, Mercedes-Benz, Porsche, Report, Toyota, Vehicle Sales

June 18, 2014 - Industry News

Digital Air Strike Integrates With Edmunds

The integration allows a dealership’s DMS to trigger a customer survey and seamless feed that feedback to Edmunds.com.

Tags: Customer Reviews, Digital Air Strike, Edmunds.com, Systems Integration