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Showroomby StaffAugust 21, 2019

Beverly Hills BMW Sold in Recordbreaking Deal

The four-acre, 93,000-square-foot Beverly Hills BMW has been sold for $70 million, an amount billed as the highest ever paid to acquire a Los Angeles auto dealership.

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F&Iby StaffAugust 20, 2019

Vision Releases VisionMenu 4.0

Vision Dealer Solutions announced the launch of VisionMenu 4.0, the latest update to the VisionMenu Classic electronic F&I menu.

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F&Iby StaffAugust 20, 2019

SMART Payment Plan Adds 30 New Markets

Matching payments program provider SMART Payment Plan is seeking agents to represent the company in 30 new U.S. markets.

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Showroomby StaffAugust 20, 2019

Report: Auto Dealers Stand Out Among Reputation-Dependent Industries

Reputation.com’s 2019 Auto Reputation Report finds reputation drives sales volume, charting a 1% increase in sales for every 30- to 40-point increase in reputation score for auto dealers.

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Showroomby StaffAugust 20, 2019

ReconVelocity Aims to Modernize Reconditioning

A new company launched by ELEAD1ONE founder Hugh Hathcock was founded to bring automation and optimization to dealers’ used-vehicle reconditioning processes.

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Complianceby StaffAugust 20, 2019

Survey: 56% of Businesses Not Prepared for CCPA

As the California Consumer Privacy Act enforcement date approaches, more than half of businesses surveyed by PossibleNOW say they are not fully prepared to meet their compliance obligations.

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F&Iby StaffAugust 20, 2019

Portfolio Acquired by Abry Partners

Private equity firm Abry Partners has agreed to acquire F&I products and reinsurance programs provider Portfolio from Capital Z Partners.

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Digitalby StaffAugust 20, 2019

Manheim Boosts Investment in Simulcast Technology

Citing increased dealer engagement, Manheim announced the addition of a slew of new features to its Simulcast live online auction platform.

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Awardsby StaffAugust 20, 2019

AUL Earns 6th Straight Best Workplace Award

AUL Corp. has been ranked among North Bay Business Journal’s Best Places to Work for the sixth consecutive year.

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Complianceby StaffAugust 20, 2019

Feds: NIADA’s Gabler, F&I Manager Indicted for Fraud

Former National Independent Automobile Dealers Association leader Andy Gabler and Chad Bednarski, a finance manager at his Pennsylvania dealerships, were indicted on bank and wire fraud charges by a federal grand jury.

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