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Software & Technology

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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 18, 2017 - Industry News

EVOX Images’ VR App Reaches 1 Million Downloads

According to the firm, the RelayCars virtual reality app has been downloaded more than one million times since launch. It provides an immersive automotive VR experience that lets users explore every make and model available since 2015 in six different virtual showrooms.

Tags: EVOX, RelayCars, Virtual Reality, Virtual Showroom

July 17, 2017 - Industry News

Auto/Mate Integrates With Darwin Automotive F&I Platform

Darwin CMO Jeff Stafford demonstrates the company's F&I platform at the 2017 NADA Convention & Expo this past January.

With both systems fully integrated, all data entered into the Darwin F&I application is instantly and securely updated in Auto/Mate’s DMS, and any changes made in the DMS are reflected in the Darwin F&I application in real time.

Tags: Auto/Mate Dealership Systems, Darwin Automotive, DMS, F&I menu, F&I process, F&I products, online F&I

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

July 13, 2017 - Industry News

AutoLoop Achieves Reynolds Vendor Certification

The new certification allows data to be exchanged safely and securely from a POWER DMS to AutoLoop’s next-generation customer relationship management software.

Tags: AutoLoop, certification, Dealer Software, DMS, Reynolds & Reynolds

July 13, 2017 - Industry News

Manheim Adds Locations in Six States

Manheim has opened new auction sites in Alabama, Georgia, Illinois, North Carolina, West Texas and Utah.

July 13, 2017 - Industry News

Digital Air Strike’s Enterprise AI Listening Platform Wins People’s Choice Award

DAS’s Mission Control Consumer Intelligence and Engagement Platform earned a People’s Choice Award for Favorite New Product in the 2017 American Business Awards.

July 12, 2017 - Industry News

instaVIN Launches Redesigned Website for Vehicle History Reports

The new site features responsive design and delivers near real-time title, salvage, and insurance total loss events. It also offers optional auto factory window stickers with original build data.

July 12, 2017 - Industry News

LotLinx Adds Mobile Shopper Conversion Tools

LotLinx has launched a new, mobile car shopper conversion-enhanced product suite for auto dealers.

July 11, 2017 - Industry News

Clarivoy, Cars.com Conclude Attribution Study

Analysts with Clarivoy and Cars.com say the results of a joint study demonstrate the need for new technology to overcome the limitations of last-click attribution.

July 11, 2017 - Industry News

Industry Summit 2017: Cox Automotive Exec to Delve Into F&I’s Future

Cox Automotive’s Jason Barrie, who has helped drive Dealertrack’s evolution from credit application portal to an enabler of sales and F&I workflow since 2005, says technology won’t kill F&I. He will be at Industry Summit 2017 to explain why.

Tags: Cox Automotive, Dealertrack, digital retailing, F&I process, F&I products, online F&I

July 11, 2017 - Industry News

Experian Adds ‘Text for Credit’ Financing Option

Experian’s latest innovation was designed to allow car buyers to obtain real-time credit decisions via text message.

July 10, 2017 - Industry News

Helion Earns Top-100 Ranking From MSPmentor

Helion Automotive Technologies is ranked No. 69 out of 501 in MSPmentor’s latest ranking of the world’s top managed services providers.

July 8, 2017 - Industry News

VisionMenu Introduces F&I by Design

VisionMenu has launched F&I by Design, a customizable, paperless F&I solution.

July 6, 2017 - Industry News

VW Credit Invests in AutoGravity

With its announced investment, Volkswagen’s captive finance company joins the automotive fintech firm’s mobile car shopping and financing platform. VW Credit also launched its own AutoGravity-powered smartphone app.

Tags: auto finance, AutoGravity, captive, digital retailing, online F&I, Volkswagen Credit

July 5, 2017 - Industry News

Greg Goebel to Address Industry Summit and PALS

Special finance guru Greg Goebel will deliver the evening keynote address to a combined audience of Industry Summit and P&A Leadership Summit attendees.

Tags: DealerStrong, Greg Goebel, Industry Summit, special finance, Special Finance Conference

June 29, 2017 - Industry News

Ganther to Serve as Featured Speaker at Dallas Compliance Summit

Attorney and Mosaic Compliance Services cofounder Jim Ganther will deliver a featured presentation on Easy-to-Implement Processes and Controls at Compliance Summit in September.

Tags: CFPB, CMS, complaint management system, compliance, compliance management system, Compliance Summit, digital retailing, Industry Summit, James Ganther, online F&I

June 27, 2017 - Industry News

FrogData Names National Sales Director

FrogData’s rapid expansion continues with the hiring of Heiser Automotive Group and CDK Global executive Chris Dulla.

June 27, 2017 - Industry News

Carfax, MeridianLink Offer Lenders Access to Vehicle History Reports

Auto lending executives now have access to Carfax reports via MeridianLink’s LoansPQ loan origination system.

June 26, 2017 - Industry News

Auto/Mate Releases ‘The Auto Dealer's Guide to Team Building’ Ebook

The new ebook was developed to guide auto dealers through the process of turning managers and employees in various departments into one cohesive, productive and motivated team.

Tags: digital retailing, F&I office, online F&I, Pay Plans, showroom

June 26, 2017 - Industry News

CarMax Looks to Expand Digital Retailing Push

The pre-owned dealer group’s online prequalification portal played a key role in its captive finance company's 7% increase in first-quarter originations. The group is currently testing a home-delivery service as well as an online vehicle appraisal tool.

Tags: auto finance, CarMax, CarMax Auto Finance, digital retailing, online F&I

June 22, 2017 - Industry News

John 'The F&I Professor' Vecchioni to Emcee Industry Summit

American Financial’s John Vecchioni will return to Industry Summit as the event’s master of ceremonies.

Tags: American Financial & Automotive Services, F&I Think Tank, F&I training, Industry Summit, John Vecchioni

June 22, 2017 - Industry News

SF Conference Returns to Industry Summit

Industry Summit will once again play host to the Special Finance Conference, the industry’s premier SF training event.

Tags: auto finance, Greg Goebel, Special Finance Conference, subprime, used-vehicle sales

June 21, 2017 - Industry News

Dealertrack to Open New Headquarters

Dealertrack’s new, LEED-specified building will house 600-plus employees and an enviable range of amenities designed to promote productivity, health and wellness.

June 20, 2017 - Industry News

F&I Futurist Tony Dupaquier Joins F&I Think Tank Roster

The Academy’s Tony Dupaquier will serve as emcee of F&I Think Tank, organizers announced this week. The trainer and F&I futurist will be responsible for guiding the discussions during the F&I 20 Group-like event.

Tags: dealer, digital retailing, F&I director, F&I manager, F&I process, F&I Think Tank, Industry Summit, objection handling, online F&I