Trending Auto Retail News
10 Ways to Optimize Depreciation Management
It has been said a fleet manager can do his or her job pretty well by managing just two costs associated with the provision of fleet vehicles: fuel (variable) and depreciation (fixed). Considering depreciation is more than half of fixed costs (fuel being the same for...
Automotive legal expert shares how to adapt collections compliance strategies for the real world
FORT WORTH, TX – May 15, 2015 – Most auto lenders are well aware of big-picture compliance safeguards they should implement into their collections efforts. But actually doing them is another story. “Compliance goals – whether they are for collections or another area...
A Biased Report
The Dodd-Frank Act directed the Consumer Financial Protection Bureau to study the use of pre-dispute arbitration clauses in consumer financial markets and gave the CFPB the power to prohibit or regulate the use of such clauses depending on its findings. The CFPB...
Big Data Insights to Focus Your Efforts, Maximize Profitability This Memorial Day Weekend
In today’s auto retail space, your prospects and most loyal customers have more options than ever. As marketplace loyalty wanes, dealerships must become more sophisticated and use big data not only to anticipate market trends, but also to shape their processes to stay...
Why F&I is Your Friend.
Picture this. AnyTown Dealership USA. The Year is Now. You finally land on a car, a dealership, and a sales person that you like. You make it official, write it up with the salesperson. You are ready to take delivery of your new or pre-owned vehicle. YAY! In most...
Not Their Fault, But Many Millennials Become Credit Rejects
Many Millennials become credit rejects through no fault of their own, according to a new ID Analytics study. It calls for using less traditional ways to measure loan risks. The study says Millennials are denied financing at a higher rate, yet their payback record...
The Technology-Driven Agent
No doubt, you’ve noticed dealers asking their F&I product providers and agents for more – more value-added services and business intelligence. Dealers today want smart products that consumers want to buy – and they want agents to help them be more efficient,...
Dealership Compliance Is an Owner’s Duty, Not an Option
The Consumer Financial Protection Bureau (CFPB) recently issued its Winter 2015 Supervisory Highlights report. In it, the bureau noted that compliance programs at some entities were failing due to a lack of ownership involvement in compliance programs. This point...
Auto/Mate Announces Integration of its DMS with Lead Information Services’ CRM and ILM Solutions
ALBANY, N.Y. – May 11th, 2015 – Auto/Mate Dealership Systems announced today that Lead Information Services, LLC (LIS) a developer of internet-based Customer Relations Management (CRM) and Internet Lead Management (ILM) software, has fully and successfully integrated...
Automatic launches an app store for cars
Two years ago, Automatic released a $100 Bluetooth-enabled car adapter along with an accompanying smartphone app to give you all kinds of insight about your vehicle. You could use it to track your trips, figure out your fuel consumption, locate your parking spot and...
HelloSign Selected as Exclusive Launch Partner to Bring eSignatures to New HubSpot CRM
HelloSign, the easiest way to electronically sign legally binding documents, announces today an exclusive launch partnership with HubSpot, the world's leading inbound marketing and sales platform. The partnership adds HelloSign eSignatures into the new HubSpot CRM...
Autobytel: Google Rollout Of New Mobile Auto Ad Formats May Impact Leads
Autobytel: Google's new mobile auto ads may impact lead volumes and cost per lead. The impact may be more apparent after Google completes its beta testing. Typically, the announcement of Google effectively competing with a online advertiser for traffic would be...
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