Landmark Ruling Invalidates DealerTrack Patent; Appeal Expected
DealerTrack’s six-year-old patent infringement suit against two of its competitors could be over, and all because of a man named Bernard Bilski.
DealerTrack’s six-year-old patent infringement suit against two of its competitors could be over, and all because of a man named Bernard Bilski.
RouteOne announced Monday that it will integrate with desking technology provider Market Scan Information Systems Inc.’s MS5 and mDesking software products. RouteOne also said it improved its partnership with ProMax Online, a software provider for the special finance segment.
ACS Financial (ACS) and XpressCredit agreed to allow seamless export of credit applications from ACS to its finance sources on RouteOne.
Despite sales being off by nearly 40 percent from the first three months of last year, credit-application rejections increased 329 percent from the same period last year, according to CNW Research.
Compliance expert explains what situations require dealers to send adverse action notices to consumers.
Red Flags identified by regulators in final Red Flags Rule
Building customer rapport, tailoring a menu to the customer’s needs, and not using hard-sell tactics are definitely three keys to successful F&I product sales. But in today’s dismal setting, the sales department really needs to be part of the equation.
RouteOne's recent integration with XpressCredit, a web-based credit application management system, will allow RouteOne's finance sources to receive credit application information from XpressCredit's independent auto dealerships and powersports dealers.
An F&I manager must perform a broad range of duties, including helping customers, interacting with the sales team and lenders, keeping abreast of changing laws and maintaining a desired level of dealership profitability.
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