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Reinsurance X Offers Timely Solution to Tax Concerns

Reinsurance X Offers Timely Solution to Tax Concerns

National Automotive Experts has released ‘A New Reinsurance Plan for Uncertain Times,’ a new whitepaper addressing the implications of the Trump administration’s tax reform on several dealer participation programs and detailing Reinsurance X, the company’s new alternative.

June 24, 2019

Black Book Launches Anti-Powerbooking Solution

Black Book Launches Anti-Powerbooking Solution

Black Book has unveiled Asset Verification Tool, a proprietary VIN-level identifier designed to help auto finance sources reduce the risk of fraud at loan origination.

June 20, 2019

JD Power: Initial Quality Stalls After 4 Years of Acceleration
ProGuard Partners With PCMI to Streamline VSC Sales
ADT Announces Winners of 2019 Dealers’ Choice Awards

ADT Announces Winners of 2019 Dealers’ Choice Awards

Auto Dealer Today has revealed the winners of the 15th annual Dealers’ Choice Awards, a program that gives dealers and dealership personnel the opportunity to recognize their favorite vendors, suppliers, and finance sources in 35 categories.

June 19, 2019

Study: Off-Lease Supply Drives Pre-Owned Demand

Study: Off-Lease Supply Drives Pre-Owned Demand

TransUnion analysts report more consumers in the prime and superprime credit tiers are choosing to buy used as off-lease units continue to flood the market, offering a budget-friendly alternative to increasingly expensive new cars.

June 19, 2019

Texas Law Creates Loophole for Berkshire Hathaway Dealerships
Dealer Sentiment ‘Remarkably Stable’ Despite Traffic, Profits
Kerrigan: Dealership Buy/Sell Activity Up 38% in Q1

Kerrigan: Dealership Buy/Sell Activity Up 38% in Q1

Despite headwinds threatening dealership profitability, Kerrigan Advisors’ first-quarter report indicates 2019 is trending toward another 200-plus transaction year for the auto retail buy/sell market.

June 7, 2019

Black Book: Retention Index Up for First Time Since October
FCA Blames French State for Failed Renault Merger

FCA Blames French State for Failed Renault Merger

Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A week ago, the companies were poised to form the world’s third-largest automaker.

June 6, 2019

Experian: Facing Higher Loan Amounts, Prime Buyers Go Used
Report: GAP Claim Payouts Are Accelerating

Report: GAP Claim Payouts Are Accelerating

Protective Asset Protection analysts say GAP claim payouts rose by 19.5% for new vehicles and an astounding 95% for used vehicles between 2014 and 2018.

June 6, 2019

Group 1 Debuts Digital Sales and F&I Platform

Group 1 Debuts Digital Sales and F&I Platform

Group 1 Automotive has launched AcceleRide, a fully online buying process that includes vehicle configuration, trade-in valuation, and financing options, at 79 U.S. dealerships.

June 5, 2019

KBB.com: New-Car Prices Up Nearly 4% in May

KBB.com: New-Car Prices Up Nearly 4% in May

Kelley Blue Book analysts say a parade of new models helped drive the average price for a new vehicle sold in the U.S. to $37,185 in May, a 3.7% year-over-year increase.

June 4, 2019