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The new platform uses real transaction data and artificial intelligence-driven insights to help car dealerships improve consistency and performance.
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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.
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On Dec. 29, the Federal Trade Commission announced plans to conduct a qualitative survey of consumers who have purchased and financed an automobile from a dealer within the last six months. If issues are revealed, the agency said it may consider enforcement initiatives or rulemaking.
Read More →The original lawsuit, filed last May, charged TrueCar with acting as a dealer and a broker when it does not have a dealer or broker license. The new amendment asks the court to declare that TrueCar continues to act as a 'dealer' and 'broker” without license.
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Between October 2014 and September 2015, consumers returned to Subaru and Ford more than any other OEM brand, according Experian Automotive.
Read More →The General Motors Board of Directors has unanimously elected Mary Barra as its next chairman, effective immediately. She succeeds Theodore Solso, who will serve as the board’s lead independent director.
Read More →On Monday, ridesharing firm Lyft announced it closed a $1 billion round of funding, half a million of which came from General Motors. The plan, according to the two companies, is to eventually deploy a fleet of GM self-driving vehicle within Lyft’s ride-hailing service.
Read More →US Equity Advantage has made available a new financial planning tool kit for AutoPayPlus customers. According to the company, the new toolkit will assist customers who are looking to automate their bill payments, organize their finances, monitor their credit, and create a budget and savings plan for the future.
Read More →F&I product provider GWC Warranty announced today that it has surpassed $375 million in claims paid to date.
Read More →The online automotive services provider named Taylor Chrysler Dodge Jeep, Stillwell Ford and Ed Morse Automotive Group as its Dealers of the Month for the third quarter.
Read More →A provision in the act will grant dealers an additional $8,000 in first year-depreciation for certain business vehicles purchased in 2015. However, to use the provision in 2015, dealers must purchase qualifying vehicles before Dec. 31, 2015. The additional $8,000 continues into 2016 and 2017 but will be gradually phased out starting in 2018, according to the NADA.
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