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Mini Dealers Get Flat-Rate Auto Finance Program

Mini Dealers Get Flat-Rate Auto Finance Program

Mini Financial Services has launched Flipped Financing, a new captive finance option billed as a simplified, low-pressure, single-rate approach for dealers, finance managers, and customers.

October 23, 2019

September Depreciation Report Shows 1% Overall Decline
Ford Credit Rolls Out Discount Car Insurance Program
Dealertrack uniFI Completes Paperless Workflow With Digital Contracting
Gilchrist: USMCA a Win for Dealers, Industry

Gilchrist: USMCA a Win for Dealers, Industry

NADA Chairman Charlie Gilchrist voiced his support for the United States-Mexico-Canada Agreement in remarks at a press event. The Texas dealer urged Congress not to ignore the ‘reality’ of an auto industry built on favorable relationships among the three nations.

October 9, 2019

AutoMap Promotes Sargeant to CEO

AutoMap Promotes Sargeant to CEO

Mark Sargeant has been promoted from vice president of business development and marketing to CEO of AutoMap LLC.

October 8, 2019

Experian Debuts Advanced Data and Analytics Platform
Detroit, Japan Factories Suffer in Short September Sales Report

Detroit, Japan Factories Suffer in Short September Sales Report

U.S. sales of new cars and light trucks fell 12% year-over-year in September, suppressed in part by a Labor Day weekend allotted to August. Few were spared the sting, with all six of America’s and Japan’s biggest factories reporting double-digit declines.

October 3, 2019

DOJ Mystery-Shopped Md. Dealership Before Suing for Racial Bias
Inovatec Selects Carfax Canada VIN Tool

Inovatec Selects Carfax Canada VIN Tool

Inovatec Systems has integrated Carfax Canada’s VIN Scan with its cloud-based auto finance platform, promising a more efficient and accurate decisioning process.

September 25, 2019

Escalade Leads September Lease Price Hikes

Escalade Leads September Lease Price Hikes

Wantalease.com reports average monthly lease payments for the Cadillac Escalade shot up nearly 40% in September, leading a pack of models that increased in price in the lull between incentive seasons.

September 25, 2019

PassTime Launches ‘Revolutionary’ Wireless GPS Device
CoreLogic Integrates Prequalification Tool With eLEND
Report: Used-Vehicle Prices Up 2% From 2018

Report: Used-Vehicle Prices Up 2% From 2018

J.D. Power’s latest index finds average prices for used vehicles were up 2% year-over-year in August. Analysts say the segment will continue to drive profits for dealers for the foreseeable future.

September 20, 2019

Secondary Lease Approvals Dip Below 69% in August

Secondary Lease Approvals Dip Below 69% in August

Swapalease.com reports a high number of applicants and a slightly tighter credit market in August. A 68.9% approval rate fell short of July’s 69.1% and represented a 5.1% year-over-year decline.

September 19, 2019