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October 12, 2017 - Industry News

JD Power CEO Finbarr O’Neill Announces Retirement

Finbarr O’Neill will retire as J.D. Power’s president and CEO in March 2018, after a decade of leading the company’s successful forays into the B2C and ‘big data’ segments.

October 11, 2017 - Industry News

Fastlane Chooses Market Scan as Data Partner

Fastlane offers dealers an Amazon-like checkout process for consumers who want to buy their car online. It has chosen Market Scan to provide its ecommerce platform with real-time payment and rebate information from every car manufacturer, bank and credit union in the country.

Tags: auto finance, digital retailing, F&I products, Fastlane, Market Scan, online F&I

October 11, 2017 - Industry News

CU Direct Partners With Inventory Command Center

ICC’s Command Center software enables CU Direct to more easily manage the 2.5 million vehicles in dealer partner inventory on the AutoSMART platform and shopping site.

Tags: credit unions, CU Direct, digital marketing, digital retailing, Inventory Command Center, inventory merchandising

October 10, 2017 - Industry News

Hyundai Aims to Modernize Customer Experience

Hyundai is looking to modernize the car-shopping experience with this week's launch of Shopper Assurance in Miami, Orlando, Fla., Dallas, and Houston. The program, which will be rolled out nationally in 2018, is designed to make purchasing a vehicle easier, faster, and worry-free, officials said.

October 10, 2017 - Industry News

Maserati Selects Affinitiv to Power Retention Program

Maserati North America has selected Affinitiv as its exclusive aftersales marketing provider for the OEM’s LUX owner retention program.

October 10, 2017 - Industry News

Cox Names Patrick Brennan to SVP Post

Cox Automotive has promoted Patrick Brennan to the role of senior vice president of marketplace for the company’s Inventory Solutions Group.

October 5, 2017 - Industry News

LotLinx Announces Canadian Expansion

LotLinx has launched an invitation-only campaign to take its proprietary TURN artificial intelligence platform north of the border.

October 4, 2017 - Industry News

CarStory Delivers AI Insights to Flick Fusion

A new partnership combines CarStory’s artificial intelligence-based insights with Flick Fusion’s video marketing platform.

October 4, 2017 - Industry News

CDK Global, CarGurus Partner on New Marketing Solutions

Through the collaboration, dealers using CDK websites will gain exposure for their inventory as well as high-quality leads from CarGurus.com. CDK will also leverage the online automotive marketplace’s anonymized, aggregated data in its suite of automotive digital marketing solutions.

Tags: CarGurus, CDK Global, digital marketing, Internet Leads, inventory merchandising

October 4, 2017 - Industry News

Ford to Focus on Trucks, EVs, Connectivity

Photo of CEO Jim Hackett courtesy of Ford.

Ford CEO Jim Hackett said on Tuesday the automaker plans to reduce engineering costs by 50% through 2022. Ford will also shift investment into trucks and electrified vehicles, and reduce costs and investment in sedans and internal combustion engines.

Tags: Connected Vehicle, Electric Vehicles, Ford, Jim Hackett, trucks

October 3, 2017 - Industry News

Sending Out an SMS: Car Buyers Prefer Texting to Calls

PERQ’s latest Car Buyer Insights Report upends preconceived assumptions about customers, finding that the majority of website visitors are not in the ‘buy’ phase and phone calls are their least desired method of contact.

October 3, 2017 - Industry News

Matt Weinberg Joins Drive Motors as SVP

Former Showroom Logic CSO Matt Weinberg joins Drive Motors as the ecommerce firm’s senior vice president of consumer experience.

October 2, 2017 - Industry News

Cox Offers RPM Access to Independent Dealers

Cox Automotive divisions RMS Automotive and Manheim have built a new co-listing capability into RPM, the company’s Nissan/Infiniti digital sales platform. The feature was designed to give independent dealers the opportunity to source OEM vehicles before they cross the auction block.

October 2, 2017 - Industry News

JD Power Appoints King Head of Data and Analytics

Thomas King has been promoted to the new position of senior vice president of data and analytics for J.D. Power following a ‘comprehensive national search’ for the ideal candidate.

October 2, 2017 - Industry News

MUSA Now Offering Auto-Decisioning on New and Pre-Owned Leases

With MUSA's auto-decisioning capabilities, dealers can expect callbacks within 30 seconds, according to officials. They say dealers don't have to be leasing experts to get one done with the company.

Tags: auto finance, MUSA Auto Finance, new-vehicle leasing, used-vehicle leasing

October 2, 2017 - Industry News

Auto/Mate Integrates DMS With Oplogic's Dealer Operator

Dealers using both Auto/Mate’s DMS and Oplogic’s CRM can now benefit from the increased sales and operations intelligence shared in real time between the two systems.

Tags: Auto/Mate Dealership Systems, CRM, data integration, DMS, DMS integration, Oplogic

September 28, 2017 - Industry News

RMS Automotive Adds Carfax Search to Digital Sales Platform

Dealers with a Carfax Advantage account can now use Carfax information when searching for inventory through manufacturers’ digital sales platforms powered by RMS Automotive. BMW Financial Services NA LLC is the first company to incorporate the search function into its RMS-powered digital marketplace.

Tags: Auto Auctions, Carfax, remarketing, RMS Automotive, vehicle history report

September 28, 2017 - Industry News

SpringboardAuto Expands Operation to 22 States

Founded by Jim Landy and other auto finance veterans, the digital retailing company is looking to revolutionize the automotive fintech space behind a set of self-serve, real-time finance tools. So far in 2017, the firm reports a compound monthly growth rate for completed loans of 20%.

Tags: auto finance, digital retailing, Jim Landy, online F&I, SpringboardAuto

September 28, 2017 - Industry News

CNA National Names Keith Mahoney CDO

Twenty-year industry veteran Keith Mahoney has joined CNA National’s executive leadership team as the company’s first-ever chief development officer.

September 27, 2017 - Industry News

Cox Automotive Names Janet Barnard Chief People Officer

Barnard steps into a role vacated by the retirement of longtime human resources leader Rock Anderson. Filling her role as president of the company’s Inventory Solutions group is Grace Huang, who served as senior vice president of Manheim Inventory Services.

September 27, 2017 - Industry News

AutoGravity Hits $1 Billion Mark

More than 750,000 car buyers have downloaded the AutoGravity app, pushing the company past $1 billion in total finance amount requested.

Tags: AutoGravity, digital retailing, online F&I

September 20, 2017 - Industry News

Hyundai Capital America Partners With AutoGravity

Beginning in the state of California, financing through Hyundai Capital America is now accessible to AutoGravity users searching for financing for Hyundai, Kia or Genesis.

September 20, 2017 - Industry News

Jumpstart: Interest in Luxury Sport, Coupe Segments Growing

Shoppers on Jumpstart Automotive Media’s portfolio of automotive publishers are gravitating toward the luxury sport, coupe, luxury sport sedan, and large SUV categories. But the two segments grabbing the most attention are alternative fuel vehicles and subcompact SUVs and CUVs.

Tags: BMW, Jaguar, Jumpstart Automotive, online shoppers, Toyota

September 20, 2017 - Industry News

Vast Adds Predictive Analytics Feature to CarStory Platform

CarStory Insights is a new feature that adds predictive analytics functionality to Vast’s artificial intelligence platform.

September 20, 2017 - Industry News

Gubagoo Adds Credit Check Capability to Live Chat

Gubagoo’s new Credit Pre-Qualification feature is designed to provide dealers with rich data they can use to prequalify customers during an online chat session.