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Software & Technology

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February 27, 2018 - Industry News

NextGear Enhances Account Management Platform

The floorplan financing provider has updated its Account Portal management platform with a new feature that allows dealers to opt into a recurring and automated payment system.

Tags: auto finance, floorplan financing, NextGear Capital, technology

February 27, 2018 - Industry News

Intersections Launches Data Breach Readiness Program

Data Breach Readiness is Intersections Inc.’s newest cybersecurity layer for auto dealers and other business owners.

February 27, 2018 - Industry News

DriveTime Names New CEO

The used-vehicle retailer has named Don Reese as its new CEO. He replaces Ray Fidel, who stepped down as the company's chief executive in January.

Tags: Don Reese, DriveTime, Ray Fidel, used-vehicle sales

February 27, 2018 - Industry News

Darwin Adds Accessories Functionality With RevolutionParts

The new feature was designed to empower dealers to capture their share of the multibillion-dollar online auto parts market.

February 22, 2018 - Industry News

US Bank to Offer Financing Decisions Through AutoGravity

A new partnership between U.S. Bank and AutoGravity adds a vehicle-financing application and pre-approval component to U.S. Bank’s website.

February 22, 2018 - Industry News

Volvo to Add V60 Wagon to Subscription Service

Photo Courtesy of Volvo Cars

Volvo Cars said this week it will add its V60 to its Care by Volvo subscription program when the redesigned station wagon makes its U.S. arrival in 2019.

Tags: Care by Volvo, station wagon, Subscription Service, V60, Volvo

February 20, 2018 - Industry News

Blinker Adds Ally’s F&I Protections, Expands Into Florida and California

Blinker was founded in 2016 by a team of industry veterans from US Bank, CarMax, GM Financial, and Cox Automotive. With this week’s announcements, the startup is quickly gearing up to take on private-party marketplaces like Craigslist, Letgo, Autotrader, Cars.com and Facebook Marketplace.

Tags: auto finance, Blinker, digital retailing, Fintech, online F&I, private-party sales

February 20, 2018 - Industry News

ELEAD1ONE Introduces DealBuilder Digital Retailing Solution

ELEAD1ONE’s ‘game-changing’ application was designed to keep dealerships central to the online car-buying process.

February 15, 2018 - Industry News

FordDirect Dealers Get CarStory Access

A new partnership with CarStory gives Ford and Lincoln dealers who own FordDirect websites access to CarStory’s AI- and analytics-based market reports.

February 15, 2018 - Industry News

ACV Becomes NIADA Partner

ACV Auctions has become a national corporate partner of the National Independent Automobile Dealers Association, giving member dealers access to ACV’s inventory management platform.

February 14, 2018 - Industry News

EFG: Digital Retailing, Online F&I Increasing Data Security Risks for Dealers

John Pappanastos, CEO and President of EFG Companies

The F&I product provider issues a call to action to dealers, finance sources and its partners, warning that data security is one of the largest areas of concern in 2018.

Tags: breach, data security, digital retailing, EFG Companies, online F&I, technology

February 14, 2018 - Industry News

Cox Promotes Williams to VP of Logistics

Cox Automotive has promoted Jim Williams to senior vice president of logistics, joining the company’s Inventory Solutions team.

February 14, 2018 - Industry News

Cars.com Acquires Dealer Inspire, LDM

Cars.com announced the impending acquisition of Dealer Inspire and Launch Digital Marketing, a move designed to augment Cars.com’s retailing platform with a range of dealer-focused digital solutions.

February 14, 2018 - Industry News

PAC Offers Free MLA Compliance Calculator

Partners Alliance Corp. has introduced a calculation solution designed to help dealers address the December 2017 interpretation of the Military Lending Act.

February 13, 2018 - Industry News

Autosoft Partners With NIADA

NIADA members can enjoy special pricing on Autosoft’s DMS offerings as part of a new partnership between the association and the software provider.

February 13, 2018 - Industry News

SmartAuction Adds Off-Lease Nissan, Infiniti Units

Registered dealers can now use Ally’s SmartAuction to access listings of off-lease vehicles from Nissan Motor Acceptance Corp. and Infiniti Financial Services.

February 8, 2018 - Industry News

Jumpstart: Kia, Lexus, Jeep See Highest Traffic Lifts During Super Bowl LII

Out of the three, Kia's Stinger spot featuring Steven Tyler generated the greatest lift in interest across Jumpstart Automotive's portfolio of publishers.

Tags: Jeep, Jumpstart Automotive, Kia Motors America, Kia Stinger, Lexus, Super Bowl

February 8, 2018 - Industry News

Carvoy Launches New Leasing Platform

Photo courtesy of CarVoy 

Carvoy Ignite was designed to benefit dealers and customers by facilitating the sale of new-vehicle leases online.

Tags: CarVoy, Online Marketplace, Online Shopping

February 7, 2018 - Industry News

Xtime: Mobile Appointments Up 56% in 2017

Proprietary data released by Xtime shows dealership customers are booking appointments online at a furious pace, typically on mobile devices and often outside business hours.

February 7, 2018 - Industry News

Pearl Launches Rapid Proactive Messaging

Rapid Proactive Messaging is a new system designed to allow dealership sales associates to connect and communicate directly with interested customers from their mobile phones.

February 6, 2018 - Industry News

Tesla vs. Firetruck: Feds to Investigate Latest Incident

Tesla’s ‘Autopilot’ setting has once again drawn interest from regulators after a Model S plowed into a parked firetruck.

February 5, 2018 - Industry News

DealerFenix Introduces Dealer Reporting, Workflow and Activity Solution

DealerFenix is a new system designed to improve process adherence and consistency, eliminate repetitive tasks, and automate activities.

February 1, 2018 - Industry News

White Clark Founder Earns Technology Hall of Fame Award

Dr. Ed White, who co-founded White Clark Group in 1992, was awarded the International Auto Finance Network’s Technology Hall of Fame award for his contributions to the industry.

Tags: auto finance, Fintech, technology, White Clarke Group

January 31, 2018 - Industry News

Prodigy Announces $5.4M Seed Funding

Prodigy’s full-stack automotive retail sales solution enters a new phase after earning $5.4 million in seed funding from a group of venture capitalists led by 8VC, Battery Ventures, SV Angel and CrunchFund.

January 31, 2018 - Industry News

Nissan Captive Joins AutoGravity Network

Nissan Motor Acceptance Corp. became the latest captive to join AutoGravity’s digital marketplace. The captive's financing options are currently available on the firm's mobile app in California and will be available nationwide in mid-2018.

Tags: AutoGravity, digital retailing, mobile app, online F&I, showroom