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October 31, 2017 - Industry News

Daniel Flynn Named President of CDK North America

Flynn guided the company’s multi-year transformation effort. The executive is now set to replace Robert. N. Karp, who is leaving the company in December.

Tags: CDK Global, Daniel Flynn, showroom, technology

October 25, 2017 - Industry News

Survey: Lack of Tech Has Millennials Avoiding Dealership Jobs

A new survey from Roadster shows that when it comes to millennials, the car business ranks just behind 'politician' and 'tax collector' as occupations they'd like to avoid.

Tags: car dealerships, digital retailing, Millennials, online F&I, Roadster, technology

August 22, 2017 - Industry News

Roadster Adds Southern California’s Longo Toyota

Roadster is on the move. The startup has secured $7.25 million in additional funding and added the largest Toyota dealership in the world to its digital retailing platform.

Tags: digital retailing, online F&I, Roadster, showroom, technology

August 22, 2017 - Industry News

Fastlane Launches Online Car-Buying Platform

Online shoppers who land on a dealer's website equipped with Fastlane's platform can pick out their vehicle, get a value for their trade-in vehicle, get pre-approved for financing and even educate themselves on F&I products and vehicle insurance.

Tags: digital retailing, Fastlane, online F&I, Startup, technology

July 26, 2017 - Industry News

MeridianLink Adds RouteOne’s Econtracting Solution to Loan Origination System

The connection removes the complexity of adding econtracting for finance sources utilizing MeridianLink’s LoansPQ loan origination system, according to officials.

Tags: econtracting, MeridianLink, RouteOne, software, technology

July 18, 2017 - Industry News

Innovative Lending Releases Loan Management Tool for F&I Offices

Stip Trac was designed to help dealers and their F&I offices track cash flow, collect stips, and keep an open communication line with car buyers before and after their purchase. Dealers can also set contracts-in-transit limits, track money in transit by salesperson and more.

Tags: auto finance, Contracts in Transit, dealers, F&I manager, F&I office, software, Stips, technology

July 17, 2017 - Industry News

Helion Names New Director of Marketing

Tracey Reyes, who previously headed up the marketing departments for Digital Air Strike and Dealertrack, has joined the information technology services provider to help increase awareness of its offerings.

Tags: Helion Automotive Technologies, Information Technology, software, technology

January 30, 2017 - Industry News

eLEND Study: Mobile Technology Adoption Hampered by Resistance to Change

Sixty percent of respondents to the technology provider’s dealer survey indicated that they are not considering using tablets in either their sales or F&I departments. Aside from resistance to change, respondents cited cost and an undefined ROI as reasons for not using mobile tablets.

Tags: digital retailing, eLend Solutions, tablet menu, technology

January 30, 2017 - Industry News

DealerSocket Clients Get Carfax Snapshot Tool

Carfax's Snapshot Tool is now available to dealers on the DealerSocket website platform. The feature puts key vehicle history details for specific vehicles on search results pages and VDPs

Tags: Carfax, DealerSocket, technology, VDPs

January 12, 2017 - Industry News

automotiveMastermind Adds Toyota to Its Platform

automotiveMastermind, a predictive analytics and marketing automation technology company for automotive dealerships, today announced that Toyota dealerships across the country will now be able to partner with it.

Tags: automotiveMastermind, Data, marketing, technology, Toyota

January 11, 2017 - Industry News

Pearl Combines Equity Mining Tool With 'Buy Direct From Consumer' Platform

The integration will allow dealers to search for vehicles they wish to purchase directly from consumers by year, make, model and trim, according to the company.

Tags: Equity, marketing, Pearl Technology, technology

January 11, 2017 - Industry News

AutoGravity Adds First Investors to Vehicle Financing Platform

AutoGravity is adding First Investors Financial Services’ indirect business onto the AutoGravity platform, the two companies announced this week.

Tags: AutoGravity, Financing, Fintech, technology

January 9, 2017 - Industry News

KosLo Website Integrates NADAguides Data to Improve Consumer Experience

The online vehicle deal generation company has enhanced its site with year, make and model data from NADAguides to help further enhance the customized car-buying experience it offers consumers.

Tags: KosLo, NADA, NADAguides, technology, Website

December 29, 2016 - Industry News

New VSC Portal Helps Monetize Lost VSC Leads

ForeverCar, a vehicle service contract technology provider, has launched a new dealer-branded VSC sales platform designed to help dealers sell protection products on older, higher mileage vehicles. The platform is also designed to help dealers recapture 'lost' VSC opportunities from prior lead investments.

Tags: Digital F&I, technology, VSC

December 21, 2016 - Industry News

Tech Companies Offer 2017 Marketing and F&I Predictions

This year saw a slew of companies enter the automotive space looking to push vehicle sales into the Digital Age. With the New Year’s bells within earshot, several of them offered their 2017 predictions in the areas of marketing and F&I.

Tags: 2017, Drive Motors, Outsell, Predictions, technology

December 19, 2016 - Industry News

Auto/Mate Now Integrated Into DealerOps

As part of the integration, dealerships that use both vendors’ solutions will now receive automatic and seamless updates from their Auto/Mate Automotive Management Productivity Suite (AMPS) software into their DealerOps Platform.

Tags: Auto/Mate, Auto/Mate Dealership Systems, DealerOps, Mobile Applications, technology

December 15, 2016 - Industry News

Equifax Adds Income, Employment Verification Tools

In addition to confirming basic income and employment information, dealers can now use this new verification technology to view an applicant's job tenure, officials said.

Tags: Employment Verification, Equifax, Income, technology

December 15, 2016 - Industry News

AutoGravity Unveils Vehicle Financing App

Add AutoGravity to the growing list of firms looking to digitize the finance portion of the car-buying process. The fintech firm unveiled today a mobile app that will allow California car buyers to secure vehicle financing or a lease.

Tags: AutoGravity, Financing, Mobile Applications, technology

December 14, 2016 - Industry News

EFG Companies Names Winner of 2016 Innovator of the Year Award

EFG Companies and Northwood University have named Team Vigilance the winner of their 2016 Innovator of the Year competition. The three-person team was awarded $25,000, and could see their winning product developed by EFG for market availability.

Tags: Customer Retention, EFG Companies, Innovator of the Year Award, Northwood University, technology

December 14, 2016 - Industry News

Prodigy Launches End-to-End Sales Platform

Prodigy, a Stanford-StartX company dedicated to building solutions for auto retail, announced the launch of an all-in-one, tablet-based sales platform for dealerships.

Tags: Prodigy, Sales Process, technology

December 13, 2016 - Industry News

Google Parent Company Launches Self-Driving Technology Company

John Krafcik, the former president of TrueCar and the current CEO of Google’s self-driving car division, announced in a blog post that Google’s parent company has launched Waymo, a self-driving technology company.

Tags: Autonomous Driving, Google, Self Driving, technology, Waymo

December 13, 2016 - Industry News

Trust in Salespeople Top Painpoint for Consumers, DealerSocket Reports

Cutting transaction times was the No. 1 focus for franchised dealers in 2016, but it wasn't the top painpoint for car buyers, according to DealerSocket's 2016 Dealership Action Report.

Tags: Car-Buying Experience, DealerSocket, J.D. Power, Report, Survey, technology

December 12, 2016 - Industry News

Helion: 5 Priorities for Dealership IT Departments in 2017

Helion Automotive Technologies issued its Top 5 priorities for dealership IT departments today. According to the company, allocating budgets to improve internet bandwidth, wireless signals, incoming call flow, security and regulatory compliance are a must for 2017.

Tags: Dealership, Helion Automotive Technologies, IT, technology

December 6, 2016 - Industry News

DealerStar DMS myCarfax Service Shop Program Integration

Dealerships using the DealerStar DMS can now join the Carfax program and take advantage of free resources like Carfax Service History and Carfax QuickVIN.

Tags: Carfax, DMS, technology

December 1, 2016 - Industry News

Autologic Diagnostics Enters Licensing Agreement With Volvo

Under the agreement, Autologic Diagnostics will have direct access to Volvo diagnostic data and technical information, enabling the provision of a comprehensive repair and maintenance on 2000 to current-year models through Autologic’s cloud-based diagnostic solution.

Tags: Autologic Diagnostics, Cloud Service, technology, Volvo

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