What’s New?
Learn more about the latest products and services to reach the automotive retail and finance marketplace.


Cloud-Based Payment Data
SwervePay Auto is a new, cloud-based solution designed to allow dealers to reduce service department operating costs and increase profitability. After creating a customer profile with each initial transaction, the system can initiate automated text or email messages for future visits. By helping to secure additional business and providing customers an easy way to authorize repairs, the new service can boost fixed ops revenue and enhance the customer experience, according to the provider. www.swervepay.com/auto

Dynamic Dealer Web Platform
Haystak Digital Marketing has launched a new web platform designed to deliver easy access to dealer websites by car buyers whether they connect by smartphone, tablet or desktop computer. The new platform, which was officially unveiled at the 2014 NADA Convention, also includes integrated search engine optimization and advanced reporting, comprehensive dashboard analytics and more, according to the company.
www.haystak.com
Cobalt Surveys Inventory Browsers
A new ebook published by Cobalt, div. ADP Dealer Services Inc., was designed to tackle dealers’ perceptions of how customers browse their inventories. “The 2014 Inventory Shopping Experience Study” includes the results of a survey of real, in-market car buyers as well as advice for dealers who wish to maximize their Internet sales leads. The book can be downloaded free of charge by clicking the “Industry Insights” tab at the company’s website. www.cobalt.com
Standard Grades for Auction Units
Auto Auction Services Corp. (AASC) has announced the launch of AutoGrade, a system developed in partnership with Manheim. The solution was designed to help dealers maintain a consistent grading system for auction units while keeping certain vehicle data confidential. The system is currently available only to AASC members but will not incur any additional charges, according to the company. www.autoims.com
Turnkey Digital Marketing
Cactus Sky Digital has announced the launch of a new, turnkey digital marketing solution designed exclusively for auto dealers. “Pot of Gold” was designed to scan dealers’ CRMs for dormant prospects, scrub the data, prepare customized emails and coupon pages and display the information on a reporting dashboard. New customers can enjoy one month of free service with a three-month commitment until Feb. 15, 2014, according to the provider. www.cactussky.com

Standard Grades For Auction Units
Auto Auction Services Corp. (AASC) has announced the launch of AutoGrade, a system developed in partnership with Manheim. The solution was designed to help dealers maintain a consistent grading system for auction units while keeping certain vehicle data confidential. The system is currently available only to AASC members but will not incur any additional charges, according to the company. www.autoims.com
More Dealer Ops

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A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
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Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
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Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
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Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
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Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
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Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
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IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
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Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
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Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
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Franchises, Throughput Down in First Half
A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.
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