June 29, 2018 - Industry News
Response Path, an AI-powered intelligent messaging technology first introduced at NADA 2018, was designed to accelerate sales on Facebook and dealer websites.
June 28, 2018 - Industry News
Universal Lenders, creator of the ZERO Plan, won Gold for F&I Product Financing Company in Auto Dealer Today’s 2018 Dealers’ Choice Awards.
Tags: Dealers' Choice Awards, F&I product financing, The Zero Plan, Universal Lenders
Retail sales for the first half of 2018 are expected to be the weakest since 2014, but record transaction prices have consumers on pace to spend nearly $5 billion more on new-vehicle purchases during the period compared to a year ago.
Tags: Forecast, J.D. Power and Associates, LMC Automotive, new-vehicle sales
The 20-year industry veteran is expected to help fortify the VSC provider for its next phase of growth.
Scott Jacobsen has been named national director of business performance for EasyCare’s SAVY platform.
United Development Systems earned first- and second-place honors in the F&I Training and Compliance Training categories, respectively, in the 2018 Dealers’ Choice Awards.
CNAN earned the 2018 Dealers’ Choice Diamond Award for best Service Contract provider, the company’s 14th consecutive first- or second-place ranking in the category, and a Platinum Award for Service Contract Reinsurance.
Zurich North America's F&I product rates and forms are now integrated into MaximTrak's ETrak platform, providing Zurich's dealer customers with access to the technology firm's MenuTrak and FLITE F&I sales systems.
Tags: ETrak, F&I manager, F&I menu, F&I product sales, FLITE, MaximTrak, MenuTrak, RouteOne, Zurich
June 27, 2018 - Industry News
The startup’s war chest now totals $30 million after securing $15 million in new funding. The announcement comes on the heels of two other major developments for the San Francisco-based startup, including new relationships with Lithia Motors and Lexus.
Tags: digital retailing, Ecommerce, online F&I, Roadster
Peacock Automotive announced the acquisition of Jim Hudson Hyundai and Genesis in Columbia, S.C.
Nicole Cockcroft of Central Florida’s Headquarter Mazda has been named Breakthrough Leader of the Year by Cox Automotive.
US Equity Advantage won first-place Diamond honors in the Biweekly Payments category in the 2018 Dealers’ Choice Awards.
June 26, 2018 - Industry News
Zurich introduced comprehensive service sales training led by Steve Shaw, with full-day seminars across the U.S. to begin in July.
Bryan Klann’s appointment bolsters DealerSocket’s leadership team and provides the firm’s sales and marketing team with a more than 20-year software industry veteran with a track record of growing revenue.
Tags: CRM, DealerSocket, desking, digital retailing, F&I, Precise Price, Showroom, technology
Portfolio won the first-place Diamond award in the Service Contract Reinsurance category of the 2018 Dealers’ Choice Awards, continuing an 11-year run among the segment’s top-ranked providers.
June 25, 2018 - Industry News
The transformation is designed to make it easier and faster for dealers to do business with Manheim anytime and anywhere.
CarSoup.com dealers now have access to an ‘Any-Touch” attribution tool thanks to a partnership with Clarivoy.
June 22, 2018 - Industry News
Comprehensive vehicle service contracts designed specifically for ride-hailing drivers are now available from RideShare Knight.
RoadVantage earned first-place honors in the F&I Products category for the second consecutive year in the 2018 Dealers’ Choice Awards.
June 21, 2018 - Industry News
The firm’s 2018 study revealed a 4% increase in initial quality from a year ago, with Genesis, Kia, and Hyundai topping the annual study’s rankings.
Tags: Genesis, Hyundai, Initial Quality Study, J.D. Power, Kia
Equifax has revealed new insights into auto consumer behavior and how customized searches, understanding buying power, and pre-approvals can move the sales needle.
Four of the top 10 2018 ‘most American’ vehicles in Cars.com’s latest rankings are built by foreign-based factories, but Jeep claimed the No. 1 spot for the second consecutive year.
CarMD analysts say Michigan remains the most affordable state for ‘check engine’ repairs with an average total light repair cost of $333.
SouthwestRe won the Gold award for Service Contract Reinsurance for the second consecutive year in the 2018 Dealers’ Choice Awards.
June 20, 2018 - Industry News
May’s wholesale prices for used vehicles up to eight years in age fell 1.7% from the prior month, a level that’s typical for this time of year, the firm stated in its June Used Car and Light Truck Guidelines report.
Tags: J.D. Power, used-vehicle values, Wholesale Pricing
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