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March 13, 2018 - Industry News

TD Auto Finance Commercial Services Announces National Expansion

The business unit began offering commercial loan products in June 2011, primarily in the East Coast. It had since expanded into the Midwest prior to today’s announcement.

Tags: auto finance, commercial financing, dealers, floorplan financing, TD Auto Finance

October 4, 2017 - Industry News

Alpha Warranty Celebrates 15th Anniversary

Over the past 15 years, the F&I product provider has earned multiple industry awards and distinctions for the service it provides to customers, agents, and dealers alike. It was recently acknowledged as the 11th fastest growing business in Utah.

Tags: agents, Alpha Warranty Services, dealers, F&I manager, F&I office, F&I products

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

February 21, 2017 - Industry News

CarMax Opens West Coast Reconditioning Hub

Photo via Flickr.

CarMax has opened a store in Murrieta, Calif., that will include a four-lane auction and serve as the West Coast reconditioning hub for the nation's largest retailer of used cars.

Tags: Auctions, CarMax, dealers, reconditioning

September 22, 2016 - Industry News

GSFS Group Launches F&I Performance Reporting Tool

The F&I product provider's Dealer Executive Dashboard provides dealers and agents with access to extensive claims analytics, customer retention data, performance reports, dealer comparisons, and participation structure information.

Tags: agents, dealers, F&I director, F&I performance, F&I reporting, GSFSGroup

August 15, 2016 - Industry News

J.D. Power: Speed No Longer Top Consideration When Selecting Finance Sources

While speed is no longer a leading factor, it still plays a significant role, according to J.D. Power's 2016 U.S. Dealer Financing Satisfaction Study. The finance sources leading the way in terms of dealer satisfaction were Mercedes-Benz Financial Services and BMW Financial Services.

Tags: dealers, J.D. Power, Lender, Study

May 17, 2016 - Industry News

Consumers Prefer Brands With 'Social Good Campaigns,' KBB Says

Consumers not only prefer to buy from brands with social good campaigns, they expect auto manufactures to carry them out. According to a KBB survey, 64% of respondents expect automakers to carry out social good campaigns. An even larger percentage, 70%, would like to see more automakers promote social good campaigns.

Tags: Campaign, dealers, Ford, Honda, KBB, Millennials, Subaru

January 6, 2016 - Industry News

Goebel, Ziegler to Headline Dealer Summit

Organizers of Dealer Summit announced that Greg Goebel and Jim Ziegler will speak at the 2016 event, which will be held May 3–5 at the Sheraton Tampa Riverwalk Hotel.

Tags: Dealer Summit, dealers, DealerStrong, Greg Goebel, Jim Ziegler, Zieger Supersystems

September 30, 2015 - Industry News

Volkswagen Plans to Fix Emissions-Rigged Vehicles

Winfried Vahland, president and CEO of the newly formed Volkswagen North American Region group.

Volkswagen AG plans to refit all 11 million vehicles involved in the emissions-rigging scandal. It also announced significant changes to its top leadership, while dealers await answers.

Tags: dealers, Diesel Powered, EPA, Recall, Volkswagen

July 7, 2015 - Industry News

AutoStar Solutions Shares Top Credit Reporting Mistakes

AutoStar's Richard Hudson shares the five most common mistakes dealers and lenders make when notified of a credit reporting dispute.

Tags: Auto Lending, AutoStar Solutions, CFPB, credit reporting, dealers

June 8, 2015 - Industry News

Holman Group Acquires Audi Willow Grove

Holman Automotive Group has acquired Audi Willow Grove in Willow Grove, Pa. The outlet becomes the second Audi dealership under the Holman brand.

Tags: Acquisition, Audi, dealers

January 26, 2015 - Industry News

Cox Automotive Woman of the Year Named at NADA Convention

Michelle Prim, managing partner of Cascade Auto Group, was named the Cox Automotive Woman of the Year at this year's NADA Convention & Expo.

Tags: Cox Automotive, dealers, NADA, NADA Convention and Expo

December 2, 2014 - Industry News

A1 Software Announces Mobile Focused CRM

A1 Software Group launched a new CRM called Selly, a mobile-focused system designed for small- to medium-sized dealerships.

Tags: CRM, Dealer Software, dealers, dealership management system

August 15, 2013 - Industry News

Dealers Listed as Victims of Advertiser’s Money Laundering Scheme, The Advocate Reports

According to a report from The Advocate, Raymond Christopher Reggie, former brother-in-law to U.S. Sen. Ted Kennedy, is charged with six counts of money laundering. In his scheme, two Louisiana car dealers lost a combined total of $1.1 million.

Tags: advertising, dealers, money laundering, Raymond Christopher Reggie, Super Chevy Dealers of Baton Rouge, Supreme Automotive Group, The Advocate, wire fraud

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

August 1, 2013 - Industry News

Webinar Reveals Insights on Google’s New Remarketing Tag

Google and Webmarketing 123 provide dealers with a crash course on remarketing and Google’s new remarketing tag. The firms say the new Google feature provides dealers with more ways to stay connected to website visitors.

Tags: dealers, Google, Kirsti Correa, remarketing, WebMarketing 123

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 20, 2013 - Industry News

NAC Partners With on Lead-Generation Platform

NAC partners with to provide a lead-generation platform, which officials said could increase lead form submissions by 100 percent.

Tags: dealers,, NAC, National Auto Care Corporation, Partnership

May 23, 2013 - Industry News

Colo. and N.H. Dealer Bills Await Governors’ Signatures

Governors in New Hampshire and Colorado are considering legislation aimed at strengthening dealers’ rights in those two states.

Tags: Colorado, dealers, franchise, Law, legislators, manufactuers, New Hampshire, Stephanie Forshee

May 16, 2013 - Industry News

2 Dealers Receive Dataium’s Web Awards for April

Ron Carter Hyundai and Antwerpen Hyundai Catonsville have each received an award from Dataium for the month of April.

Tags: Awards, dealers, Web Tools, Web traffic

May 9, 2013 - Industry News

NADA Extends Deadline for Dealership Workforce Study

Dealers interested in participating now have until June 30 to provide feedback for the annual study. Association officials said the deadline was extended in response to dealer requests.

Tags: 2012, Dealer Workforce Study, dealers, extension, NADA

May 9, 2013 - Industry News

VASS Helps Dealers Boost CSI Scores

VASS Automotive Customer Testimonial Pages announced it will now include a CSI component in its software to help auto dealers increase their scores.

Tags: CSI score, customer satisfaction, dealers, Email, VASS

February 28, 2013 - Industry News

Black Book Helping Dealers Keep Pace With Pricing Changes

The expanded service will help dealers keep tabs on pricing changes related to specialty market vehicles, as well as alert them to pricing changes due to abnormal weather conditions and other unforeseen factors.

Tags: Black Book, dealers, Pricing, specialty vehicles

February 15, 2013 - Industry News

F&I and Showroom Goes One-on-One With Facebook Autos

Just as dealers anxiously look into ways to promote their brands on Facebook, the social network has its eyes focused on the automotive space as well.

Tags: automotive, dealers, Facebook, Graph Search, NADA, NADA Convention & Expo, Patrick Workman, sales, social media, Stephanie Forshee

January 29, 2013 - Industry News

January a Mixed Bag So Far, CNW Reports

Floor traffic is up, as are deliveries, but CNW reports that sales in January are still off last year’s pace. But the numbers also show that April to May could be big months for dealers.

Tags: Art Spinella, CNW Research, dealers, deliveries, floor traffic, leasing, retail automotive summary

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