Trending Auto Retail News
Four Important Buy/Sell Trends
Buy/sell activity in the first half of 2014 rose 75%, with private acquirers once again leading the industry. The strength of auto retail sales, particularly in the luxury segment, continues to support strong buy/sell activity and high blue sky prices. Below are the...
What’s Being Sold Out of Your F&I Office?
Disparate impact and dealer participation continue to be at the forefront of the CFPB agenda, and a hot topic for dealers, finance companies, and those in compliance. Overlooked by most in the industry is the Consumer Financial Protection Bureau’s interest in the...
Dealertrack Announces New Reynolds Certified Interface for Dealertrack CRM
Dealertrack Technologies (Nasdaq: TRAK) today announced that the company has received certification from Reynolds and Reynolds for its Dealertrack CRM. The certification for Dealertrack CRM is part of the Reynolds Certified Interface (RCI) Program and applies to the...
Fifty-Fifty, Not So Nifty
As a business succession planner, I encounter the full gamut of dealership business structures, Regular C corporations, S-corporations, partnerships, and limited liability companies. I have had clients owned by public corporations and foreign corporations, and even...
A Couple’s Incredible 550,000-Mile Odyssey Through 177 Countries Over 26 Years. In a Single Car.
A couple's incredible 550,000 mile journey in a single car, according to Colossal. In moments of peak stress, boredom, or desperation for change, we’ve probably all shared the same dream: why not just drop everything and travel. Many are lucky do it for a few months,...
Importance of your Exceptions Report
In dealerships throughout the country, there is a report that reveals how your processes are working and how your team is responding to what you are requesting. It is called an Exceptions Report. In ADP, it is called a REX report. In Reynolds and Reynolds, it is...
How to Prevent Greenwashing
Greenwashing is the practice of claiming that your processes are environmentally stainable without proof. Greenwashing is visible in every industry, and is becoming especially prevalent when consumers seek out environmentally sustainable auto facilities. Cone Green...
Ford, CARFAX Expand Partnership to Further Grow CPO Sales
Ford Motor Company and Carfax have expanded their partnership in the Ford and Lincoln Certified Pre-Owned (CPO) programs. Ford is continuing its commitment to provide Carfax® Vehicle History Reports™ for free to buyers and sellers of Certified Ford and Lincoln...
Auto/Mate Announces Final Integration of Dealership Management System with Nissan’s DCS
Auto/Mate Dealership Systems (www.automate.com) announced today the final integration of its dealership management system (DMS) with Nissan's dealer communications system (DCS). The completed integration means that 100 percent of Nissan dealers using Auto/Mate's DMS...
Flick Fusion Launches AutoflicksTM for Auto Dealers, Live Action Videos That Let Car Shoppers Take A Virtual Test Drive
Flick Fusion (www.flickfusion.com), the industry's leading video marketing provider, today launched AutoflicksTM for auto dealers, live action videos that provide car shoppers with a virtual test drive experience for every vehicle in a dealer's inventory. Autoflicks...
AutoLoop Introduces EngageTM, a Call Center Solution Proven to Increase Sales & Service Profitability for Auto Dealers
AutoLoop today introduced EngageTM, a call center solution proven to engage customers and increase sales and service profitability for auto dealers. Building on twenty years of call center experience obtained in the 2014 merger with CAR-Research XRM, AutoLoop Engage...
eLEND Solutions™ Launches CreditPlus™, the Next Generation of its Industry-Leading Credit Application Platform
eLEND Solutions™ today announced the launch of CreditPlus™, the next generation of its industry-leading online, interactive credit application platform. CreditPlus instantly pre-approves shoppers based on dealer-defined credit criteria and provides shoppers with...
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