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Editorial

Newsby StaffSeptember 25, 2019

Study: Dealers and Car Buyers Want New Tech, Dealership Staff Resistant

A Cox Automotive report finds high demand for automation and AI technology among dealers and their customers. But dealers cited cost and their staffs’ inability or unwillingness to adopt new tools and update processes as major obstacles.

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Newsby StaffSeptember 24, 2019

Universal Launches ZERO Down Payment Program

Universal Lenders announced the launch of the ZERO Down payment program, a new option for car buyers who wish to buy F&I products with no down payment.

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Newsby StaffSeptember 23, 2019

Learn How to Avoid F&I Burnout at Industry Summit

Training expert John Tabar will present a session dedicated to slowing F&I manager turnover and realizing your full F&I potential.

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Newsby StaffSeptember 20, 2019

KBB Enhances Instant Cash Offer Dealer Tool

Kelley Blue Book has introduced a redesigned Dealer Admin Tool as part of a series of enhancements to its dealer- and customer-facing Instant Cash Offer platform.

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Newsby StaffSeptember 20, 2019

Report: Used-Vehicle Prices Up 2% From 2018

J.D. Power’s latest index finds average prices for used vehicles were up 2% year-over-year in August. Analysts say the segment will continue to drive profits for dealers for the foreseeable future.

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Newsby StaffSeptember 20, 2019

Meet the ‘World’s Greatest Closer’ at Industry Summit

George Dans will deliver the event’s evening keynote address, ‘The Climb to Success Starts With One Step,’ on Nov. 4.

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Newsby StaffSeptember 19, 2019

ADESA Livestreams CPO Auction for FCA Dealers

ADESA partnered with Fiat Chrysler Automobiles to debut the next phase of its Simulcast cloud-based online auction solution at a national meeting of franchised dealers.

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Newsby StaffSeptember 19, 2019

vAuto Joins Inventory, Recon Management With New Integration

An enhanced integration with iRecon will allow dealers using vAuto Provision to manage inventories and reconditioning at the same time, an ‘end-to-end’ process billed as the industry’s first.

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Newsby StaffSeptember 19, 2019

Secondary Lease Approvals Dip Below 69% in August

Swapalease.com reports a high number of applicants and a slightly tighter credit market in August. A 68.9% approval rate fell short of July’s 69.1% and represented a 5.1% year-over-year decline.

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Newsby StaffSeptember 19, 2019

PAR Gets masterQueue Skip Tracing Platform

PAR North America announced an expansion of its partnership with masterQueue, adding the latter’s skip tracing technology in an effort to increase recovery rates.

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