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NewsMay 16, 2017

Berman Resigns as President, COO of AutoNation

William “Bill” Berman, who is credited with developing AutoNation's processes for used-vehicle sales and customer care, has resigned. Chairman and CEO Mike Jackson has assumed his duties until a replacement is named.

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NewsMay 16, 2017

DealersLink Releases FastBook Pro 5.0

DealersLink says its new booking tool features an improved VIN scanner and state-of-the-art enhancements.

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NewsMay 16, 2017

NAE Raises Money for Cleveland Christian Home

The F&I product provider helped raise more than $59,000 for the Cleveland Christian Home’s annual 5K and Run for the Kids event. In total, the event raised more than $72,000 to support the organization’s 17-plus community outreach programs.

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NewsMay 15, 2017

Lease Approvals Fall by 20% in April

Analysts with Swapalease.com report lease approvals fell from more than 75% in March to 60% last month.

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NewsMay 13, 2017

Search Optics Launches Virtual BDC

The company says a pilot program for the new solution reduced response times and improved appointment-setting rates by up to 15%.

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Articlesby Tom HudsonMay 11, 2017

Falling Sky?

Hudson plays Chicken Little as two New York dealers face the wrath of allegedly overcharged customers.

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NewsMay 11, 2017

Ally Adding Digital Signature, Contract Management Capabilities to Clearlane

Launched in April, Clearlane will soon be getting an upgrade. Through eOriginal, the auto finance marketplace will soon allow car buyers to sign and submit their financing documents online or via mobile devices.

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NewsMay 11, 2017

GM Financial Completes Transition to Captive in Q1

Executives with the former AmeriCredit Corp. described GM Financial’s transition to General Motors’ captive finance source as ‘substantially complete’ during its recent first-quarter earnings call.

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NewsMay 10, 2017

Imprise Financial Announces New Account Executive

The captive insurance provider has added Derek Thomas to its team. He is responsible for serving the firm’s clients with an emphasis on enterprise risk programs.

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NewsMay 10, 2017

TransUnion: Auto Delinquencies Tick Up as Originations Slow

The impact of wider access to credit on repayment rates could be causing auto finance sources to reevaluate their guidelines for subprime and nearprime borrowers.

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