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The Reynolds and Reynolds Co. and Global Payments Inc. announced an agreement this week to offer point-of-sale, electronic payment solutions for automotive dealerships.
Read More →Tomorrow, RouteOne will discuss discretionary dealer markup practices during a complimentary compliance webinar.
Read More →An F&I manager from Joyce Buick GMC in Avon, Ohio, posted the highest score on the AFIP Senior Certification Exam at AFIP’s inaugural Boot Camp, held in Cleveland in April.
Read More →Last week, TrueCar announced the pricing of its initial public offering of 7,775,000 shares of its common stock at a price to the public of $9 per share.
Read More →Most car shoppers don't fixate on a rock-bottom price, especially if they can avoid long and tense negotiations with fair upfront pricing, according to a report from Edmunds.com.
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Fifth Third Bancorp revealed in a regulatory filing this month that its indirect auto loan portfolio is being examined by the Department of Justice to determine whether the finance source engaged in discriminatory practices.
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In a statement posted on its website, Tesla denounced the last-minute addition of wording to legislation in Missouri that would effectively ban the automaker from selling directly to consumers in the state.
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Dealertrack officials reported this week that average monthly subscription revenues from dealers were up 30% in the first quarter, thanks in part to the company’s recent acquisition of Dealer.com. Company officials also revealed plans to combine Dealer.com’s CRM capabilities with Dealertrack's own offering to produce a single solution.
Read More →Senate Bill 686 would make it illegal for used-car dealers and rental car companies to sell used cars with unrepaired recalls issues. Senator Hannah Beth Jackson held a press conference about the bill this week.
Read More →The U.S. Department of Labor has filed a lawsuit against a former dealer who refuses to administer the business’ 401(k) plan, leaving participants without access to their money.
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