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Articles

Curb The Confusion

Talk to F&I customers like you’d talk to a friend, without industry lingo or sales-like questions, and use hard proof to show, not tell, them about a need.

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NewsDecember 21, 2016

Larry H. Miller to Donate $100,000 to Arizona Charities

Larry H. Miller Dealerships this week announced the beneficiaries of its annual holiday giving campaign, which, according to the dealer group, will provide more than $100,000 to 11 charities across the Phoenix metroplitan area.

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NewsDecember 21, 2016

Ford Promotes Three Executives to Support Mobility Expansion

Ford Motor Co. announced three executive promotions this week, moves aimed at supporting the automaker's plans to expand as both an auto and mobility company.

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Newsby Gregory ArroyoDecember 20, 2016

RouteOne Targeting Digital Retailing With Acquisition of MaximTrak

The deal was executed through a wholly owned subsidiary developed by RouteOne. It will operate as MaximTrak Technologies under the leadership of RouteOne CEO Justin Oesterle and MaximTrak President Jim Maxim Jr.

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NewsDecember 20, 2016

CRM Usage a Struggle for Average Dealerships, Study Shows

A recent study co-released by VinSolutions and DealerKnows analyzed customer relationship management (CRM) software usage at dealerships. It found some notable differences between average and best-in-class dealers.

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NewsDecember 20, 2016

Autobytel to Sell Specialty Finance Leads Product to Internet Brands

Per the agreement, the SFL product will be sold for $3.2 million in cash, as well as additional transition licensing income that will total $1.6 million over a five-year period.

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NewsDecember 20, 2016

GWC Warranty Caps Off Charitable Year With Toy Drive Donation

GWC Warranty employees across the country donated hundreds of toys and more than $1,000 to help families of hospitalized children shop for holiday gifts.

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NewsDecember 19, 2016

U Drive Acceptance Opens New Office in Sioux City, Iowa

Since 2013, UDAC had been sharing office space with its affiliated auto dealership, Big Deal Auto Plaza. According to Neil Evans, the company’s vice president, the finance source's higher-than-projected growth forced the moved to the new office.

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NewsDecember 19, 2016

AutoBase Customers to Gain Access to Flick Fusion's Video Marketing Platform

Flick Fusion has announced a partnership with AutoBase that will allow users of the company's inventory merchandising solutions to create and distribute inventory videos, personalized walkaround videos, dealership value proposition videos, customer testimonial videos and more.

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NewsDecember 19, 2016

Carvana Partners With Two Georgia Credit Unions

In two separate announcements, Carvana today announced that it has partnered with Associated Credit Union and LGE Community Credit Union to offer their members access to certified and competitively priced vehicles through an online car-buying experience.

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NewsDecember 15, 2016

Subprime Car Buyers to Feel Fed's Rate Hike, Analyst Says

For the second time in 10 years, the Federal Reserve's Federal Open Market Committee unanimously voted to raise the federal interest rate on Dec. 14. The impact of the rate hike should be minimal for all but one consumer segment, a Black Book analyst says.

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