February 3, 2015 - Industry News
During a quarterly earnings conference call last week, Ally’s former CEO opened up about General Motors’ unexpected decision to move all of its lease incentives to its captive, GM Financial.
Tags: Ally Financial, GM Financial, IPO, leasing, Quarterly Earnings
January 29, 2015 - Industry News
Officials with the F&I product provider said at last week’s NADA Convention & Expo that the company didn’t just develop a tablet menu, it developed a mobile F&I process.
Tags: Customer Interview, F&I Presentation, F&I process, iPad, mobile menu, Zurich
January 28, 2015 - Industry News
In its 20th year, Manheim’s Used Car Market Report showed that slightly more than 42 million used vehicles were sold last year. It also showed that dealership used-vehicle operations produced record profits.
Tags: Manheim, Manheim Used Vehicle Report, remarketing, Wholesale
The firm’s ADESA Assurance is a new no-questions-asked return guarantee on select, one-owner, off-lease vehicles sold on ADESA DealerBlock.
Tags: ADESA, Auto Auctions
Eighty percent of the cars and trucks in the Swapalease.com auto lease marketplace are in the gray family, including white and black.
Tags: Survey, Swapalease.com
DealerRater has added ServiceEngage and 360Connect products to its Certified Dealer Program toolkit to strengthen dealer online visibility and customer engagement.
Manheim has established Manheim Charlotte, an onsite auction operation at a Hendrick Automotive Group dealership in Concord, N.C.
Autoloop has applied for and was granted entry into Reynolds’ Certified Interface Program but has not yet completed the entire Reynolds certification process.
Tags: AutoLoop, Reynolds & Reynolds
After 18 months of development and programming, OnlineBKmanager.com now has the ability to deliver leads to franchised dealers on a daily basis. Upgrades also include improvements to the company’s exclusive multi-step lead cleansing process.
Tags: bankruptcies, Internet Leads, OnlineBKManager
The firm now offers a Certified Buyer Program designed to educate buyers on risk mitigation when purchasing auction vehicles.
Tags: Auto Auctions, DealShield
January 27, 2015 - Industry News
In response to the FTC’s targeting of dealer ads, the NADA released at its annual convention last week a new publication designed to help new-car dealers comply with federal advertising requirements.
The Next Up launched a geo-fencing product, LiveDrive, to help managers better determine test drive success based on route, time spent and speed.
Tags: Test Drive, The Next Up
This month, the Department of Justice issued a subpoena to Consumer Portfolio Services requiring the finance source to turn over documents related to subprime auto finance.
Tags: Consumer Portfolio Services Inc., Department of Justice, subprime
J.D. Power and LMC Automotive expect the industry to realize its best January for new-vehicle sales since 2004, with the firms projecting sales of 932,000 units.
Tags: J.D. Power and Associates, new-vehicle sales, SAAR
The technology firm said it more than doubled its econtracting volume in 2014 to 1.55 million contracts processed.
Digital Air Strike will integrate its survey technology with MerchantCircle's listings and reviews platform, allowing dealers to provide an easier, more automated method for posting customer reviews.
Tags: Customer Reviews, Dealer Review Sites, Digital Air Strike, Systems Integration
Experian’s new Auto Equity Model helps users estimate a consumer’s vehicle equity on an existing auto loan.
Tags: Auto Loans, Equity, Experian
VinSolutions’ VinConnect Mobile app gives dealers access to their CRM from a hand-held mobile device. Other features include mobile call tracking and a customer I.D. scanner.
Tags: CRM, Mobile Applications, mobile solution, VinSolutions
January 26, 2015 - Industry News
AutoLoop is now a Pre-Certified Reynolds and Reynolds vendor, forging a partnership with the company.
Tags: AutoLoop, CRM, marketing, Partnership, Reynolds & Reynolds
Michelle Prim, managing partner of Cascade Auto Group, was named the Cox Automotive Woman of the Year at this year's NADA Convention & Expo.
Tags: Cox Automotive, Dealers, NADA, NADA Convention and Expo
January 22, 2015 - Industry News
Cadillac will be implementing a luxury focused, boutique experience at 700 dealerships in the company’s U.S. dealer network of 900 stores, according to Cadillac president Johan de Nysschen.
Tags: Cadillac, dealership marketing, Luxury Vehicles
January 21, 2015 - Industry News
Dealer-FX is partnering with MyDealerLot to integrate its Advisor Dashboard solution with the MyDealerLot’s Service Drive Concierge.
Tags: Customer Service, dashboard tool, MyDealer Lot, Parts and Service
January 20, 2015 - Industry News
AutoPoint has launched its new OwnerCare tool, which allows dealer service customers to see a digital report on their vehicle and approve any additional maintenance from their computer or mobile device.
Tags: AutoPoint, mobile solution, Parts and Service, Vehicle Maintenance
EasyCare has partnered with Dave Anderson and his LearnToLead program to deliver training to the EasyCare dealer network.
Tags: EasyCare, training
Joe Verde Sales and Management Training announced a new book for dealers by Joe Verde called “Double Your Net in Just 90 Days.” The book focuses on how dealers can turn sales into new profit.
Tags: Joe Verde, NADA Convention and Expo, profit, sales training
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