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Digitalby StaffFebruary 17, 2015

Dealertrack, Hyundai Partner on Digital Marketing

Hyundai dealers across the United States will now have the ability to incorporate Dealertrack’s integrated websites, inventory merchandising, digital retailing and advertising tools into their dealership’s digital marketing strategies and operations.

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F&Iby StaffFebruary 13, 2015

Portfolio Celebrates 25th Year in Business

Portfolio, a reinsurance manager, is celebrating its 25th year in business by hosting a series of events for employees and agents throughout 2015.

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Auto Financeby Brittany-Marie SwansonFebruary 12, 2015

Asbury Posts Record Earnings in Q4 2014

Fourth-quarter F&I net per vehicle retailed rose $30 from a year ago to $1,374 for the public dealer group. That performance helped drive record earnings during the quarter.

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Auto Financeby Brittany-Marie SwansonFebruary 12, 2015

Penske Posts Most Profitable Year Behind Strong Q4 Performance

Penske Automotive Group realized a 16% increase in revenue and a 14% bump in adjusted income from continuing operations in 2014’s fourth quarter. The dealer group’s CEO also discussed its plan to pilot the NADA’s fair credit compliance program at four stores.

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Digitalby StaffFebruary 12, 2015

Auto/Mate Launches Mobile F&I Menu Solution

Auto/Mate’s Option/Mate Mobile is a mobile-optimized version of its F&I menu solution. It is compatible with all tablet devices, officials said.

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Auto Financeby Gregory ArroyoFebruary 12, 2015

People and Process Drive Group 1’s U.S. Per-Copy Average to $1,521

Consolidating its lender base and improved availability of consumer financing were other reasons cited for the fourth-quarter performance of the group’s U.S.-based F&I operations.

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Complianceby StaffFebruary 12, 2015

CNCDA Partners with Legislators to Reform Recalls

The California New Car Dealers Association has reached an agreement with bipartisan legislators to author legislation that will increase disclosure of recalls and improve safety.

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Auto Financeby StaffFebruary 10, 2015

NADA: Leasing Driving New-Vehicle Deliveries

Lease registrations have improved by an annual average of 18% since 2011, according to the NADA’s most recent installment of its Used Car Guide Perspective report.

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Complianceby StaffFebruary 10, 2015

JM Family Enterprises Names New VP and General Counsel

Todd Clarke was promoted to vice president and general counsel for Southeast Toyota Distributors and JM Lexus, businesses of parent company JM Family Enterprises.

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Complianceby Brittany-Marie SwansonFebruary 10, 2015

Conn. Dealer Association Launches Controversial Anti-Tesla Site

The website, called “Tesla Crash,” was launched by the Connecticut Automotive Retailers Association in response to a bill that would allow the electric automaker to sell directly to consumers in the state.

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