A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.
Claritas and STAT Analytics have partnered to launch Closemore, a new app and cloud service designed to work with dealership systems to deliver “leading edge” customer information in real time.
Wantalease.com reports sharp drops and steep increases in average new-vehicle lease payments for March, including aggressive pricing for the Chevrolet Traverse and Ford Fusion.
PassTime and Solutions by Text have partnered to deliver SBT’s SMS text-powered software suite to PassTime dealers.
Darwin Automotive’s digital retail, F&I, and service menus will be available to Ford dealerships nationwide as part of a new partnership.
In a move industry watchers may regard as a sign of the times, dealership mainstay Cree has agreed to sell its lighting division in order to fully devote the company to semiconductor manufacturing.
A new partnership with private equity firm ParkerGale Capital will put new capital and resources toward DealerBuilt’s dealer technology solutions development.
KeyBank Dealer Retail Services and Westlake Financial Services have joined Dealertrack’s growing network of Accelerated Title users.
Six-year company veteran Bret Milne has been named COO of PermaPlate/Siskin Enterprises after serving as the F&I product provider’s vice president of operations since 2016.
Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.
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Carleton has released a new tax, title, and dealer fee API integrated with Automotive Titling Corp.’s title and registration product.
Northwood University has recognized Sandy Schwartz as its Outstanding Business Leader for 2019.
Ford Motor Co. has named MaximTrak as a preferred F&I menu and reporting technology provider for its extended service plans division.
Swapalease reports credit approval rates on its online marketplace dipped slightly in March, but traffic is up as consumers encounter high lease prices at dealerships.
