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Software & Technology

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January 18, 2018 - Industry News

Jumpstart: Mustang Most-Viewed Vehicle of 2017

The Ford Mustang drew more interest from car buyers than any other vehicle for the fourth consecutive year, according to the latest report from Jumpstart Automotive Media.

January 18, 2018 - Industry News

Drive Motors: Digital Retailing Delivers Holidays Sales Gains

Drive Motors’ dealer clients sold almost three times as many cars online on Christmas Day 2017 than they did the same day in 2016 thanks to its digital retailing platform, the firm revealed this week.

Tags: auto finance, digital retailing, Drive Motors, online F&I, technology

January 17, 2018 - Industry News

F&I Express Adds to Leadership Team

The firm today announced the appointment of Gary Peek, a more than 20-year software industry veteran, as CIO. Also joining the company is Mike Llewellyn, who will serve as product manager for F&I Express’ ecancellation solution, Express Recoveries.

Tags: digital retailing, F&I Express, online F&I, technology

January 17, 2018 - Industry News

LotLinx Names Gee Leung COO

Leung brings 20 years of digital media and technology experienced to LotLinx’s growing executive team.

January 16, 2018 - Industry News

Cox Automotive: Car Buyers Still Need Dealers

The latest research by Cox Automotive finds car buyers continue to rely on instore visits even as digital information sources proliferate.

Cox Automotive’s ‘Future of Digital Retail Study’ reveals that dealerships remain central to the car-buying experience, but the instore experience tends to fall short of consumer expectations.

January 11, 2018 - Industry News

InterActiveTel Welcomes Bounds to Director Role

Jeff Bounds, former national sales director for Dominion Dealer Solutions, has joined InteractiveTel as the company’s director of business development.

January 11, 2018 - Industry News

Chase Joins AutoFi’s Digital Retailing Platform

Through the newly forged partnership, Chase will deliver financing terms online through the AutoFi Platform. The finance source is the first national bank to join the Ford Credit-backed AutoFi platform.

Tags: AutoFi, digital retailing, online F&I

January 10, 2018 - Industry News

Digital License Plate Maker Closes $11.1 Million Finance Round

The funding round, which will allow Reviver Auto to expand the footprint of its digital license plate, was led by Australian-based ACK Group. The firm also announced the addition of two new members to its board of directors, former Emotient CEO Ken Denman and former R.L. Polk CEO Stephen Polk.

Tags: digital license plate, Reviver Auto

January 10, 2018 - Industry News

Manheim Market Report Reaches 23 Million Visits in 2017

After making upgrades to its Manheim Market Report this past summer, Manheim announced today that more than 90,000 unique users, on average, access MMR each month.

Tags: Auction, Manheim, wholesale vehicle valuations

January 9, 2018 - Industry News

Spireon Demos Dealer Subscription Service at CES

Spireon is offering demos of its Drive On Demand dealership subscription service at the 2018 International Consumer Electronics Show.

January 9, 2018 - Industry News

Audi Captive Joins AutoGravity Network

The fintech firm has added Audi Financial Services to its car-shopping and financing platform, which now allows Audi shoppers to find their chosen vehicle at the dealership of their choice and secure financing through the carmaker’s captive in four easy steps.

Tags: Audi Financial Services, AutoGravity, digital retailing, online F&I

January 4, 2018 - Industry News

Global Autonomous Vehicle Sales to Reach 33M by 2040

Automakers should be able to increase global sales of fully autonomous vehicles to 33 million by 2040 from 51,000 in 2021 — the first year of significant volume, according to a forecast from IHS Markit.

Tags: automatic braking, Autonomous Driving, IHS Markit, Safety, technology

January 4, 2018 - Industry News

F&I Express, F&I Admin Launch Product Cancellation Platform

A strategic partnership between F&I Express and F&I Administration Solutions was designed to create the industry’s first electronic F&I product cancelation process.

January 4, 2018 - Industry News

Top 5 CIM Trends for 2018

The consumer identification management experts at Infutor list artificial intelligence, blockchain marketing and chatbots among the leading trends that will shape the way auto dealers drive appointments and sales this year.

January 3, 2018 - Industry News

Advanced Car Safety Tech Will Roll Out Gradually: HDLI

Screen shot illustrating Toyota's Safety Sense Lane Departure Alert system controls. Image courtesy of Toyota

The Highway Loss Data Institute (HLDI) has projected that 95% of registered vehicles in the U.S. will be equipped with automatic emergency braking in 2045 and equipped with adaptive headlights sometime after 2050.

Tags: Automatic Emergency Braking, Safety, technology

December 27, 2017 - Industry News

4 Automakers Offer Auto-Braking Standard on Most Cars

The 2017 Volvo XC60 SUV includes an updated City Safety AEB system. Photo courtesy of Volvo

Four of 20 automakers reported that automatic emergency braking (AEB) is standard on more than half of their 2017 model-year vehicles, according to an update released jointly by the National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety.

Tags: automatic braking, Automatic Emergency Braking, NHTSA, Tesla Motors, Toyota, Volkswagen, Volvo

December 26, 2017 - Industry News

LotLinx Announces Move to Bolster VDPs

A new integration with CarNow was designed to strengthen LotLinx’s vehicle display pages.

December 19, 2017 - Industry News

VisionMenu Releases Paperless Deal Jacket

Using Paperless Deal Jacket, any form may be signed at the dealership or remotely using the customer’s smartphone. This is facilitated by VisionMenu’s patent-pending vSignature technology.

December 15, 2017 - Industry News

TrueCar Settles California Dealer Suit

TrueCar has agreed to switch California auto dealers from a pay-per-sale to a flat-fee subscription model and double their indemnity to $50,000 to settle a lawsuit brought by the California New Car Dealers Association.

Tags: California New Car Dealers Association, compliance, digital retailing, third-party sites, TrueCar

December 14, 2017 - Industry News

RouteOne Processes Industry's First Remotely Executed Finance Contract

RouteOne moved the industry closer to the fully online transaction by executing the first remotely captured, electronic customer signature on an indirect finance contract. The executed contract was booked with Toyota Financial Services.

Tags: auto finance, digital retailing, econtracting, online F&I, RouteOne

December 14, 2017 - Industry News

Scott Painter’s Fair Now Offers Insurance Coverage

Through a partnership with risk-management services provider Assurant, Fair's digital flexible ownership platform now allows consumers to add insurance coverage when they sign for a pre-owned vehicle through its mobile app.

Tags: digital retailing, Fair, Scott Painter, Subscription Service

December 13, 2017 - Industry News

Spireon Launches GoldStar Enterprise

Spireon has added new monitoring and workflow features to its GoldStar GPS solution for large, multi-rooftop dealers and auto finance sources.

December 13, 2017 - Industry News

ActivEngage Completes 700Credit Integration

ActivEngage announced the addition of a 700Credit-powered financial qualification feature to its dealer-focused omnichannel communications solution.

December 12, 2017 - Industry News

Cox Automotive Files Antitrust Lawsuit Against CDK Global

Add Cox Automotive to the growing list of tech vendors and dealers alleging that CDK and Reynolds and Reynolds Co. conspired to eliminate competition for data integration services and seize control over dealer and third-party data.

Tags: CDK Global, Cox Automotive, data, DMS, DMS integration, Reynolds & Reynolds

December 8, 2017 - Industry News

Affinitiv Launches Analytics-Powered Marketing Platform

Connectiv1 is a new end-to-end marketing platform that includes a predictive analytics engine designed to allow dealers to leverage their data and conduct multichannel campaigns that increase customer retention.