April 6, 2016 - Industry News
Black Book's distribution agreement with ProMax will help expand the footprint of its new Bullseye Prospecting solution, a turnkey platform for dealer marketing campaigns.
Tags: Black Book, Bullseye Prospecting, marketing, ProMax
April 5, 2016 - Industry News
A California judge has allowed the California New Car Dealers Association's lawsuit against TrueCar to proceed. TrueCar, however, was successful in getting the association’s federal Lanham Act claims dismissed.
Tags: CNCDA, Court Decision, TrueCar
The NADA announced its involvement in a campaign designed to promote safer driving experiences. The program educates consumers about how to best interact with safety features.
Tags: MyCarDoesWhat, NADA, National Automobile Dealers Association, Safety
Manheim plans to grow both its digital and physical space to better facilitate its growth in users.
Tags: Auto Auctions, Cox Automotive, Manheim, Online
As part of an enhanced partnership, key details such as reported accidents, number of owners and open recalls now instantly appear onscreen for vehicles listed in MAXDigital's inventory management platform.
Tags: Carfax, Carfax Report, Inventory Managment, MAXDigital
Chase will provide Maserati North America dealers with retail financing and leasing under the Maserati Capital USA brand. Chase will also provide commercial lending and treasury services to the high-end automaker's dealers.
Tags: captive, Chase, Maserati
The amount of cars being leased has grown by 76% since 2008, according to an Experian Automotive study. By the end of 2016, 1.8 million off-lease vehicles will return to the market, the firm says.
Tags: Experian Automotive, Lease, Study
March 31, 2016 - Industry News
LoJack announced today it has recovered more than 200,000 stolen vehicles in the United States. The vehicle-recovery solution provider commemorated the milestone with the Los Angeles Police Department and the Galpin Motor Group.
Tags: F&I manager, F&I office, LoJack, Vehicle-Recovery Device
National Credit Center has announced its newest product, Avendas CRM. The company claims it can train dealership staff on the product in as little as a few days.
Tags: CRM, National Credit Center, technology
RouteOne has entered the desking tool category with RouteOne Desking. The launch of the product, the company states, comes from requests from many of their customers.
Tags: Credit Applications, desking, Monthly Payments, RouteOne, technology
March 30, 2016 - Industry News
Jim Ziegler is headed to Tampa, Fla., to deliver his Profit Masters seminar at Dealer Summit, which is scheduled for May 3-5 at the Sheraton Tampa Riverwalk Hotel. Register by April 1 to save $100 off a full conference pass.
Tags: Dealer Summit, F&I Think Tank, Jim Ziegler, On the Point, Profit Masters
March 29, 2016 - Industry News
Protective Asset Protection’s Rich Moore will present a session dedicated to hiring and training Millennial workers at the upcoming Dealer Summit, organizers announced Monday.
Tags: Dealer Summit, hiring, Millenials, Protective Asset Protection Division, Rich Moore
The new partnership brings together Dealertrack's credit application network and DealerCorp's desking technology. The combination is designed to help Canadian dealers connect their showrooms and F&I departments through a seamless and integrated workflow.
Tags: DealerCorp, Dealertrack, Retail Management Solution
DealersLink will be entering the retail classified space with a new website it will showcase at this month’s NADA Convention & Expo. According to company officials, the site will promote ‘dealership prestige’ utilizing cloud-based and mobile app technologies.
Tags: Cars.com, DealersLink, third-party sites, TrueCar.com, vehicle information
With the new connection, users of the Advent Dealer Management System will have a full complement of data interfaces that allow for bidirectional communication with Hyundai USA.
Tags: Advent Resources, DMS, DMS integration, Hyundai
On Easter Sunday, TrueCar announced plans to alter its business model in an attempt to win back dealers after a tumultuous 2015. Company CEO Chip Perry reassured dealers in a video posted on the company’s site that things will be different this time around.
Tags: Customer Relations, Dealer Relations, Dealerships, TrueCar
In an automotive climate where dealer profits are shrinking and vehicle advertising costs remain high, Black Book's new solution aims to reel in advertising campaign costs to help dealers maintain profitability.
Tags: Black Book, Bullseye Prospecting, Customer Campaign, Vehicle Advertising
Helion Automotive Technologies' new eBook outlines the five most critical information technology priorities for auto dealerships: wireless, Internet, collaboration tools, video conferencing, and security.
Tags: eBook, Helion Technologies, Information Technology
Officials said the integration of Autotrader, Kelley Blue Book and Dealer.com will grant dealers access to millions of online shoppers every month who are ready to purchase a vehicle.
Tags: Autotrader, Cox Automotive, Dealer.com, Kelley Blue Book
March 24, 2016 - Industry News
Cox Automotive says the integration will help dealers better capitalize on customer loyalty and operational efficiency for their parts and service departments.
Tags: Cox Automotive, Dealertrack, parts and service, Xtime
The new feature allows the firm's BASIS F&I platform to prescreen or prequalify consumers against all three credit bureaus and receive a full file return, according to the company.
Tags: 3Qual, 3Screen, Credit Applications, Credit Bureaus, CreditMiner, Pre-Qualify, Pre-Screen
TrueCar led the way in J.D. Power’s 2016 Third-Party Automotive Website Evaluation Study, followed by Carfax and Cars.com. Visual web and minimalist navigation tools were the main drivers of shopper satisfaction.
Tags: Car.com, Carfax, J.D. Power and Associates, third-party sites, TrueCar
Customers aren't coming back to their dealerships for their repairs, according to Cox Automotive's 2016 Maintenance and Repair Study. It shows that more vehicle owners are choosing to go elsewhere because they feel they'll get a better price.
Tags: Cox Automotive, Customer Service, Maintenance, Repairs
Cox Automotive is bringing the three brands together as part of several enhancements the company is planning for its Dealer.com websites.
Tags: Cox Automotive, Dealer.com, Dealertrack, MakeMyDeal
March 23, 2016 - Industry News
American Credit Acceptance and Westlake Financial Services have agreed to pay $7.4 million to Massachusetts consumers to settle the state regulator's charges that they charged excessive interest rates on subprime loans.
Tags: American Credit Acceptance, GAP, interest rates, Relief, Subprime Loans, Westlake Services
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