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This year marks the first time Auto/Mate was recognized in Auto Dealer Monthly’s annual award program, with the tech firm earning the contest’s Platinum award in the DMS Provider category.
Read More →Sixty-six percent of dealers who were surveyed indicated that they are willing to pay as much as an additional 0.50 to 0.60 basis points on their loan terms to receive good service from their lenders.
Read More →United Development Systems was named a Diamond Award Winner for F&I Training in Auto Dealer Monthly’s Dealers’ Choice Awards. The achievement marks the ninth time in 10 years the firm received top honors in the contest.
Read More →Effective Aug. 4, Michael Thacker will preside over all operations for the Underwriting, Funding and Dealer Services departments within the company.
Read More →The dealer group reported a 21% increase from last year’s adjusted income from continuing operations, as well as a 12% increase in total gross profit.
Read More →The dealer group’s U.S. F&I operations raised its per-copy average $91 to $1,442 in the second quarter. On a year-to-date basis, the group's per-copy average rose $128 from a year ago to $1,499.
Read More →AutoNation reported during its second-quarter investor call that it has installed the NADA’s Fair Credit Compliance Program in nine stores. Officials also provided an update on the company’s digital push.
Read More →Edmunds.com forecasts that about 1.46 million new cars and trucks will be sold in the U.S. market in July, the highest July total since 2006.
Read More →The SAAR for retail sales in July is expected to be 13.8 million units, an increase of 600,000 vehicles compared to the same period last year.
Read More →The dealer group realized a 28% increase in adjusted net income from continuing operations in the second quarter of 2014. The company’s average F&I profit per vehicle retailed was also up $104.
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