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Editorial

News•by Staff•October 29, 2021

Nominations Open for F&I Pacesetters and 2021 Dealer of the Year

Presented by F&I and Showroom magazine and sponsored by Spectrum Automotive Holdings, the annual awards program recognizes dealerships with highly profitable F&I departments.

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News•by Staff•October 27, 2021

TD Auto Finance Ranks Highest in National Non-Captive Prime Credit Dealer Satisfaction

TD Auto Finance, a subsidiary of TD Bank received the highest ranking in Dealer Satisfaction among National Non-Captive Lenders with Prime Credit, according to the J.D. Power 2021 U.S. Dealer Financing Satisfaction Study.

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News•by Staff•October 27, 2021

FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches

Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses.

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News•by Staff•October 26, 2021

Conversica Brings Conversational AI Assistants to Auto Dealers using CDK Elead CRM

A strategic partnership with CDK Global will integrate Conversica’s Automotive Sales AI Assistants into CDK Elead CRM, offering automotive dealerships a competitive advantage.

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News•by Staff•October 26, 2021

Due to Tremendous Growth in Used Car Market, DealerPeak Spins CarDog off Into Its Own Company

While most CRM's have less than 10% utilization due to the complexity for the end-user, CarDog see over 60% utilization due to the fact it was built with the independent vehicle dealer in mind.

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News•by Staff•October 26, 2021

Market Insights from Black Book

The lack of new inventory is continuing to drive up the demand for used vehicles, which in turn is forcing buyers to pay more week after week and leaving sellers wishing they had more to offer.

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News•by Staff•October 26, 2021

Canada Suggests Proposed U.S. EV Tax Credit Will Harm North American Auto Industry

Letter penned by Canadian Trade Minister Mary Ng suggest proposed EV tax credits will harm North American auto industry and violate trade agreements.

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News•by Staff•October 26, 2021

IHS Markit Predicts Production Highs in 2024

IHS Markit forecasts lows in light-vehicle sales and production will give way to increases ahead.

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News•by Staff•October 21, 2021

Auto Sector Calls Out Mexico's Move to Legalize “Chocolate” Cars

Mexico’s auto sector has criticized the move, saying it allows "car smuggling."

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News•by Staff•October 20, 2021

NADA Board of Directors Elects 2022 Chairman

Mike Alford, who currently serves as NADA vice chairman, will succeed Paul Walser, as chairman.

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