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September 20, 2016 - Industry News

Auto/Mate Now Offering Prescreens Through 700Credit

Auto/Mate Dealership Systems announced this week it has fully integrated its dealership management system with 700Credit's QuickScreen, a prescreen tool that now allows dealers to instantly access a customer’s credit profile directly from Auto/Mate's CRM.

Tags: 700Credit, Auto/Mate Dealership Systems, Dealership Systems, Prescreen, Soft Pull

September 20, 2016 - Industry News

Autologic Diagnostics Names New National Sales Manager

Autologic Diagnostics announced this week it has named Allan Heller to the post. The nearly 20-year sales veteran will oversee the company's national sales efforts and manage the company’s growing team of direct sales professionals based throughout the United States.

Tags: Aftermarket Products, Autologic Assist, Cloud Service, Hiring

September 20, 2016 - Industry News

Auto/Mate DMS Adds myCarFax Service Shop Integration

Auto/Mate Dealership Systems has integrated its dealership management system with Carfax's myCarfax Service Shop, allowing subscribers of its software systems to easily access a program that aims to help service technicians make the best service recommendations for their customers, avoid parts-ordering errors, and, ultimately, increase revenue.

Tags: Auto/Mate, Dealer Services, DMS, myCarfax

September 19, 2016 - Industry News

F&I and Showroom Launches F&I Digital Media Awards

F&I and Showroom announced the launch of the F&I Digital Media Awards, a new program designed to honor companies and individuals who are driving innovation and progress in the digital F&I space.

Tags: Awards, F&I Digital Media Awards, F&I Express, Industry Summit

September 15, 2016 - Industry News

Preferred Warranties Adds to Executive Team

Preferred Warranties Inc. (PWI), a business unit of KAR Auction Services Inc., today announced the appointment of Ryan Warzynski as vice president of sales and marketing.

Tags: Hiring, KAR Auction Services, Preferred Warranties, Vice President

September 15, 2016 - Industry News

U.S. House Committee Passes Bill Aimed at Replacing Dodd-Frank

Last week, the U.S. House Financial Services Committee passed the Financial CHOICE Act, which supporters describe as an alternative to the Dodd-Frank Act. It contains language aimed at repealing the CFPB’s guidance on dealer participation, among other things.

Tags: Consumer Financial Protection Bureau, Dodd-Frank Act, House Bill, House Financial Services Committee

September 15, 2016 - Industry News

FTC Seeking Clearance to Study Car-Buying Experience at Dealerships

The Federal Trade Commission issued a second Federal Register Notice (FRN) on a proposed qualitative survey that would examine the experience of buying and financing a car at a dealership.

Tags: Dealership Experience, FTC, NADA, Survey

September 15, 2016 - Industry News

RouteOne Adds Automated Booking to Toyota Financial's e-Contracting Tool

Dealers using both RouteOne and Toyota Financial Services (TFS) will now be able to book TFS electronic contracts through a completely automated process, according to a RouteOne announcement.

Tags: eContracting, RouteOne, Toyota, Toyota Financial Services

September 14, 2016 - Industry News

Consumers Want Price Transparency From Service Centers, Survey Finds

Price uncertainty is the No. 1 reason a customer won’t visit a dealership’s service center for maintenance, according to results of a survey commissioned by Record360.

Tags: Pricing, Record360, Service Center, Survey, Transparency

September 14, 2016 - Industry News

New F&I e-Rating/e-Contracting Provider Partners With Compliance Expert

Over the Edge is a relatively new player in the F&I product e-rating/e-contracting arena, having released its TecAssured system this past May. This week, the firm announced its partnership with Keith Whann, a national compliance expert and attorney who will advise users of the company’s cloud-based system..

September 14, 2016 - Industry News

Vinli Partners With Cox, Meineke Car Care on Connect Car Offering

Mobile WiFi provider Vinli has reached agreements with Cox Automotive and Meineke Car Care to offer Cox's 40,000 dealer clients the ability to sell connected car capabilities to their customers as an aftermarket product.

Tags: Connected Vehicle, Cox Automotive, Meineke Car Care, Software, Telematics, Vinli

September 14, 2016 - Industry News

Lithia Motors Acquires Carbone Auto Group

Lithia Motors Inc. has acquired Carbone Auto Group, a New York- and Vermont-based dealer group that generates an estimated $600 million in annual revenue, according to a company announcement. The purchase adds 13 stores to Lithia's portfolio.

Tags: Acquisition, Carbone Auto Group, Dealer Group, Lithia Motors

September 13, 2016 - Industry News

AMS Announces Industry Summit Giveaway Winner

Automotive Mobile Solutions (AMS) announced that Roy O’Brien Ford in Saint Clair Shores, Mich., won the company’s giveaway at Industry Summit in Las Vegas. The dealership will enjoy full use of AMS’s LeadsBeacon mobile wallet platform for the next year.

Tags: Automotive Mobile Solutions, F&I Technology, Industry Summit

September 13, 2016 - Industry News

FlickFusion Releases Video Advertising Tool

Flick Fusion has released FlickWidget, a responsive video display tool that it claims can increase the number of views dealers get on the videos on their website.

Tags: Flick Fusion, FlickWidget, Online Shopping, Video Advertising

September 13, 2016 - Industry News

Online Vehicle Retailer Adds Dealertrack's Payment Calculator and Credit App to Site

Consumers shopping on KosLo's online vehicle marketplace will now be able to calculate vehicle payments and apply for financing directly through the company's website. Powering these new capabilities is Dealertrack’s Digital Retailing solutions.

Tags: Dealertrack, KosLo, Online Shopping

September 13, 2016 - Industry News

Traffic Control's Product Suite Now Available Through Auto/Mate's DMS

Auto/Mate announced this week plans to integrate Traffic Control’s customer relationship management (CRM), internet lead management (ILM) and employee activity management (EAM) systems into its own dealership management system (DMS).

Tags: Auto/Mate, CRM, DMS, EAM, ILM, Traffic Control

September 13, 2016 - Industry News

IAS Appoints New President and CEO

On Monday, IAS announced the appointment of Patrick Brown as president and CEO. He succeeds Bob Corbin, who was appointed executive chairman. Officials said the moves signal the company's plans to expand.

Tags: CEO, Hiring, IAS, President

September 13, 2016 - Industry News

Portfolio Launches Reinsured Service Drive Product

Portfolio announced the launch of Portfolio Edge, a program designed to extend coverage of the manufacturer’s parts and labor warranties on repairs performed in dealership service drives. It also reinsures the extended coverage contracts to the dealer's affiliated reinsurance company.

Tags: PartShield, Portfolio, Service Contracts, Warranty

September 8, 2016 - Industry News

CalAmp Releases Connected Car Mobile Amp

CalAmp unveiled a new telematics system that doubles as an inventory management tool for dealers and a connected car service for consumers when linked to the company's new mobile application.

Tags: LoJack, Mobile Applications, Telematics, Vehicle Tracking

September 8, 2016 - Industry News

Car Depreciation Accelerates in August, Black Book Reports

Only two car segments ranked in the Top 12 for strongest monthly retention, the firm reported this week. It added that depreciation for all car segments topped rates recorded during the last three years for the month of August.

Tags: Black Book, used-vehicle values, vehicle depreciation

September 8, 2016 - Industry News

NADA Hires Digital Media Director

The National Automobile Dealers Association (NADA) has hired Abram Olmstead as its digital media director. He will oversee the NADA's communications efforts across all digital platforms.

Tags: Hiring, NADA, Social Media

September 8, 2016 - Industry News

E-Credit Express to Integrate NADA Used Car Guide Values Into Platform

E-Credit Express announced today it will integrate NADA Used Car Guide values into its lender management platform to speed up the used-vehicle sale and loan approval process for dealers and finance sources.

Tags: E-Credit Express, NADA, NADA Used Car Guide, Used Vehicles

September 8, 2016 - Industry News

instaVIN Names New Director of Business Development

Edie Hirtenstein, director of business development.

instaVIN has named Edie Hirtenstein director of business development. The 14-year automotive industry veteran will be responsible for managing customer relationships, and identifying and implementing products and services that further expand the business, according to the company.

Tags: Hiring, instaVIN, KAR Auction Services

September 8, 2016 - Industry News

New-Vehicle SAAR Falls Below 17 Million in August, Manheim Reports

For the second time this year, the seasonally adjusted annual rate (SAAR) for new vehicles fell below 17 million in August. Manheim, however, said the drop 'may be a good thing."

Tags: Manheim Used Vehicle Report, New Vehicles, SAAR, Used Vehicles, Wholesale Pricing

September 8, 2016 - Industry News

4 Automotive Marketing Firms Merge

TimeHighway.com, Peak Performance, Dealer Product Services and OneCommand have merged. Together, the companies will be called Affinitiv, the firms announced this week.

Tags: Dealer Product Services, OneCommand, Peak Performance, TimeHighway.com