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February 11, 2014 - Industry News

BLS: Auto Industry Adds 42,000 Jobs Since Last Year

Source: Bureau of Labor Statistics

The Bureau of Labor Statistics reports that auto dealers have added 42,000 jobs since January 2013, pushing total employee count to just north of 1.16 million.

Tags: automotive, BLS, Bureau of Labor Statistics, dealer, employment, Income, job growth, Labor

January 14, 2014 - Industry News

MPi Changes Name to AutoPoint

Under the new name, the company will place greater focus on automotive service. The company also announced it will be consolidating five of its offices into a single facility in February.

Tags: automotive, AutoPoint, MPi, name, Rich Holland, Service

December 19, 2013 - Industry News

Dealertrack to Acquire Dealer.com

Dealertrack Technologies reports that an agreement is in place for the technology company to acquire Dealer.com. Dealertrack will retain the Dealer.com name and is expected to appoint CEO Rick Gibbs as executive vice president and group president of its digital marketing solution team.

Tags: Acquisition, automotive, car dealer, Dealer.com, Dealertrack, digital marketing, Website

August 8, 2013 - Industry News

Dealertrack Reports Strong Q2 Financial Results

Dealertrack updated its 2013 guidance to reflect strong second quarter performance and 26 percent year-over-year revenue growth.

Tags: 2013, automotive, Dealertrack, financial results, Mark F. O'Neil, Second Quarter

August 5, 2013 - Industry News

Edmunds.com: Used Sales Up for Franchised Dealers, Down Overall

Used-car sales are down for the first half of the year, but not within the franchise and CPO segments, Edmunds.com reveals.

Tags: 2013, automotive, Edmunds.com, Report, sales, Second Quarter, Used-Car Sales, vehicles

August 5, 2013 - Industry News

Auto/Mate Launches Re-Designed Website

Auto/Mate Dealership Systems offers auto dealers more intuitive navigation and educational materials for dealers.

Tags: Auto/Mate. website, automotive, car dealer, Redesign

August 1, 2013 - Industry News

Compli and Swan Island Networks Partner for Cyber Security Awareness

Compli and Swan Island Networks integrate Cybero and Complí Portfolio technology for a comprehensive suite of SaaS solutions.

Tags: automotive, Compli, compliance, Cyber Security, dealers, software

July 25, 2013 - Industry News

DealerELITE Recognizes Digital Air Strike for Innovation

DealerELITE includes Digital Air Strike in its Top 10 list of Most Interesting and Innovative Auto Companies of 2013.

Tags: 2013, automotive, companies, DealerELITE, Digital Air Strike

July 23, 2013 - Industry News

UPDATED: Edmunds Files Lawsuit Against Company Posting “Fake Reviews”

GlowingReviews.co

Edmunds filed a lawsuit against an online reputation management company for allegedly posting “fake reviews” to the automotive information website on behalf of 25 dealers nationwide.

Tags: automotive, car dealer, Dealership, Edmunds, GlowingReviews.co, Humankind, Lawsuit, reviews, Stephanie Forshee, Website

July 18, 2013 - Industry News

NAC Partners With Vehicle Tech Maker on New CRM App

Designed by Directed, the new consumer app is cloud-linked and includes dynamic marketing tools aimed at driving a better connection between dealers and their customers.

Tags: application, AutoMate, automotive, dealer, Directed, NAC

July 16, 2013 - Industry News

CAR-Research XRM Helps Auto Dealers Sell UnSold Customers

CAR-Research XRM’s new Showroom WatchDog takes advantage of the company’s U.S.-based call center to help dealers target unsold customers.

Tags: automotive, CAR-Research XRM, CRM, Showroom Watchdog

July 16, 2013 - Industry News

Yugo Importer Awarded $2 Million in Damages, Reuters Reports

According to Reuters, auto entrepreneur Malcolm Bricklin was awarded $2 million in damages after a former employee of his V Cars LLC illegally brought luxury vehicles into the U.S. market from China.

Tags: automotive, entrepreneur, Malcolm Bricklin, Reuters, Yugo

July 11, 2013 - Industry News

The CFPB Puts Debt Collectors on Notice

The CFPB is now taking consumer complaints regarding debt collectors. The bureau also warned firms they will be held accountable for unlawful debt-collection activities.

Tags: automotive, bulletin, CFPB, Debt Collection, warning

July 11, 2013 - Industry News

Dealertrack Release F&I Menu for iPad

Dealers selected to test the new F&I sales solution realize $740 increase in average aftermarket revenue per vehicle, the technology firm claims.

Tags: automotive, Dealertrack, eMenu, F&I, finance and insurance, iPad, Menu

June 25, 2013 - Industry News

NH Gov. OKs Dealer Bill of Rights Amendment

Donna Gaudet Hosmer, immediate past NHADA chair, Governor Maggie Hassan, and Peter J. McNamara, NHADA president. Photo by Nat Stout, NHADA

Today, New Hampshire Governor Maggie Hassan signed into law legislation that amends the state's Dealer Bill of Rights. The bill limits OEM-prescribed facility upgrades to every 15 years, among other provisions.

Tags: automotive, dealers, Governor Maggie Hassan, legislation, New Hampshire, NHADA

June 25, 2013 - Industry News

AutoUSA Offers Shop-By-Payment Tool

AutoUSA’s newest tool caters to today’s payment buyer, as the firm aims to offer a new way to shop on auto dealer websites.

Tags: automotive, AutoUSA, dealer, payment, Payment Pro, Shop By Payment

June 25, 2013 - Industry News

Big Summer Expected for New-Vehicle Sales, J.D. Power and LMC Predict

The automotive retail market is expected to close out the first half on a positive note, and the two market research firms believe the momentum should carry through the summer.

Tags: 2013, automotive, J.D. Power and Associates, June, LMC Automotive, Report, sales

June 25, 2013 - Industry News

Auto Industry Adds 1,300 Jobs in May, ADP Reports

According to a new report from the ADP Research Institute, the auto parts and dealer industries accounted for 410 of the jobs added last month, while gasoline and auto repair industries added 710 jobs in May. The rental industry added 210 jobs.

Tags: ADP, ADP Research Institute, Automatic Data Processing, automotive, dealer, employment, franchise, Jack Chavdarian, jobs

June 17, 2013 - Industry News

IHS to Acquire R.L. Polk & Co. for $1.4B

IHS signs definitive agreement to acquire the market research firm and its subsidiary, Carfax. The addition of Polk would put IHS at center of today’s most critical business decisions for the automotive industry.

Tags: Acquisition, automotive, Carfax, Polk, Vehicle History Reports

June 13, 2013 - Industry News

Edmunds.com Sheds New Light on Car Shopping Trends and Behaviors

Edmunds.com found that car buyers spent an average of $30,803 on new-car purchases last year. This data closely mirrors what 2011 survey participants anticipated to be spending in the future.

Tags: automotive, behavior, car-shopping, Edmunds.com, Trends

June 13, 2013 - Industry News

ADP Dealer Services Launches Hosted Video Service

ADP Dealer Services will now offer dealers cloud-delivered video services. The new solution will use plug-and-play desktop solutions from Polycom Inc.

Tags: ADP, ADP Dealer Services, automotive, Gary Testa, Polycom, video conferencing

May 23, 2013 - Industry News

Memorial Day Could Drive Up May Sales by 6 Percent, KBB Reports

Domestic automakers continue to benefit from a strong market for pickup trucks. The firm also expects big gains for Nissan.

Tags: 2013, automotive, Cars, KBB. kbb.com Kelley Blue Book, May, retail, sales, vehicles

May 21, 2013 - Industry News

MBFS Customers Can Now Manage Accounts With In-Vehicle App

The captive becomes the first finance source to launch an in-vehicle app that allows vehicle owners to manage their account. The app will be available on model-year 2013 and newer Mercedes-Benz vehicles equipped with the COMAND Navigation system.

Tags: app, application, automotive, COMAND navigation, Credit, Finance, MBFS, Mercedes, Mercedes-Benz Financial Services, technology, vehicle

May 21, 2013 - Industry News

PRNDL.com Adds Finance Center

Exclusive application process matches car buyers with best financing option. The Finance Center offers a full spectrum of credit options for all credit levels.

Tags: automotive, car shopper, Credit Score, Financing, Online, PRNDL, PRNDL.com

May 16, 2013 - Industry News

F&I Administration Announces Integration With PayLink

F&I Administration Solutions LLC announced the integration of PayLink Payment Plans financing services into its dealer electronic rating and electronic contracting solution.

Tags: automotive, F&I, F&I Administration Solutions, Finance, insurance, PayLink, Payment Plan

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