The Industry's Leading Source For F&I, Sales And Technology

Top News

1  -  25  of  12510

February 20, 2018 - Industry News

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

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

New York Fed: Credit Scores Rise as Household Debt Reaches New Peak

Credit scores in the fourth quarter of 2017 were only a half a point higher than the median score recorded during the first quarter of 2009. And according to the Federal Reserve Bank of New York, 2017 auto loan origination volume reached the highest level it has ever observed.

Tags: auto finance, delinquencies, Federal Reserve Bank of New York, Great Recession, origination volume

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

BB&T Switches Back to Markups as CFPB Shifts Away From Enforcement

BB&T Tower in Atlanta (Wikimedia Commons and seniorliving.org)

BB&T announced its move about a week after the CFPB’s acting director stripped enforcement powers from the division responsible for pursuing discrimination cases in the auto finance arena. BB&T will officially make the switch on March 14.

Tags: auto finance, BB&T, CFPB, compliance, dealer participation, Mick Mulvaney

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

ADG EasyCare Adds Yelverton to F&I Specialist Roster

Richard Yelverton has joined ADG EasyCare as a Northern Virginia-based F&I specialist.

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 12, 2018 - Industry News

Hyundai, Acura Take Top Honors in KBB’s ‘5-Year Cost to Own’ Awards

The firm named Hyundai as the brand with the lowest cost to own and Acura as the lowest cost luxury brand. Top vehicles were selected in 22 categories.

Tags: Acura, Cost to Own, General Motors, Hyundai, Kelley Blue Book, Toyota

February 12, 2018 - Industry News

AUL Surpasses Two Million Contracts Issued

The company achieved its milestone in a third of the time it took to reach one million policies issued, which AUL did in 2011. Officials said 2017 was the vehicle service contract provider’s best performing year since its founding in 1990.

Tags: AUL Corp., F&I products, milestone, vehicle service contracts

February 12, 2018 - Industry News

GWC Warranty Earns Two Workplace Recognition Awards

The F&I product provider was named to the National Association of Business Resources’ ‘101 Best and Brightest Companies to Work for” and the Wilkes-Barre Times Leader’s ‘Northeastern Pennsylvania Best Places to Work” lists.

Tags: Best Places to Work, F&I products, GWC Warranty Corporation, vehicle service contract

February 8, 2018 - Industry News

Manheim: Wholesale Prices Decline for Third Straight Month

Despite a 4.9% increase from a year ago, the Manheim Used Vehicle Value Index’s January reading was the lowest since last July.

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

Black Book: Index Falls 1.2% to 113.1 in January

The firm had expected a steeper decline due to replacement activity linked to last year’s hurricanes. Instead, Black Book saw fairly typical depreciation.

Tags: Black Book, Hurricane Harvey, Hurricane Irma, used-vehicle values, vehicle depreciation

February 7, 2018 - Industry News

Black Book: Start of Tax Seasons Brings Low Depreciation, Strong Auction Sales

The beginning of tax season saw stronger sales at auction, especially for mainstream car segments. Mid-size cars led the way in terms of value retention in the car segment, while minivans, full-size vans and small pickups saw no change last week.

Tags: Black Book, tax season, used-vehicle values, vehicle depreciation

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 6, 2018 - Industry News

AIADA: International Brands Made Gains in January

International nameplates outpaced the competition in U.S. new-vehicle sales last month, accounting for 57.4% of all transactions.

« Previous12345678910...500501Next »