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NewsFebruary 2, 2011

SMART Payment Plan Brings ‘$10,000 PVR Challenge’ to 2011 NADA

SMART Payment Plan, a nationwide bill payment service and provider of F&I sales solutions, has re-launched its “$10,000 PVR Challenge.” SMART will pay any dealer $10,000 if his or her PVR doesn't increase after using its payment service.

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NewsFebruary 2, 2011

AIS Rebates Launches New Incentive and Rebate Management System

Automotive Information Systems Inc., (AIS) has introduced a new incentive management system, which integrates compatibility and stackability rules and can be used directly with desking and CRM applications.

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NewsFebruary 2, 2011

Edmunds.com: Incentives Didn’t End in December

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,530 per vehicle sold in January 2011, essentially unchanged from December 2010, but up $177, or 7.5 percent from January 2010.

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NewsFebruary 1, 2011

The Warranty Group Announces Agreement With Coverdell

Virginia Surety Company Inc. (VSC), a wholly-owned subsidiary of The Warranty Group Inc., today announced an agreement with Coverdell Inc. to provide a customer loyalty program and support.

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NewsFebruary 1, 2011

Allstate Dealer Services Names New President

Douglas J. Herberger has been named president of Allstate Dealer Services. In this role, Herberger will be responsible for managing Allstate Dealer Service’s F&I products serving more than 5 million customers.

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NewsFebruary 1, 2011

Ally Sees 72 Percent Increase in Originations in 2010

Ally Financial Inc. (Ally) today reported its fourth consecutive quarter of profitability with net income of $79 million for the fourth quarter of 2010, compared to a net loss of $5 billion for the year-ago period.

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NewsFebruary 1, 2011

CAR-Research XRM, Joe Verde Group Form Partnership

CAR-Research XRM, a CRM solution provider, has partnered with the Joe Verde Group, providing dealers with a combination of CRM/marketing technology and sales and management training. The combined systems will be demonstrated at booth No. 4285N at the 2011 NADA Convention and Expo.

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NewsFebruary 1, 2011

NAE to Market and Distribute Diamon-Fusion

National Automotive Experts has partnered with Diamon-Fusion International Inc. (DFI Nanotechnology) and will market and distribute the Diamon-Fusion protective windshield coating product, replacement warranty and other products.

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NewsFebruary 1, 2011

Dealer Convicted After F&I Staffer Testifies

A Chicago-area dealer was convicted of 11 counts of mail and wire fraud in federal court last week after a finance department employee turned state’s evidence and testified against him.

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NewsFebruary 1, 2011

MPi Offers Preview of Customer Retention Tool at NADA 2011

Mobile Productivity Inc., a provider of vehicle inspection tools and services for service departments, will offer dealers a preview of its latest service selling and customer retention tool, KnowYourVehicle.com, during the 2011 NADA Convention and Expo.

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