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NewsMay 18, 2016

New Dry-Erase Hang Tags Offer Potential Cost Savings

The hard plastic, dry-erase tags give dealers the ability to reuse them instead of throwing them away, as is the case with traditional paper tags. These tags also eliminate the possibility of misprints due to their dry-erase nature.

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NewsMay 18, 2016

Selly Automotive Announces Integration With Skywerks DMS

The integration will eliminate redundancies while increasing dealer efficiency, according to the announcement. Now both new and existing Skywerks dealers will be able to take advantage of the Selly Automotive platform, the announcement adds.

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NewsMay 18, 2016

Hyundai Santa Fe Sport Earns IIHS TOP SAFETY PICK+

The TOP SAFETY PICK+ is IIHS’ highest award. In order to receive this award, a vehicle must attain a good rating in the institute’s five occupant protection tests and an advanced or superior rating for an available front crash prevention system.

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NewsMay 18, 2016

CFPB: 20% of Single-Payment Auto Title Loans End in Repossession

A report form the CFPB found that about 20% of auto title loan borrowers end up having their car or truck seized by the lender for failing to repay their debt. Eighty percent fall into a debt trap, with more than 66% having to take out seven or more consecutive loans to fully repay their debt.

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NewsMay 17, 2016

Black Book Releases Residual Forecast on Three-Year-Old Vehicles

The forecast shows that residuals on an average three-year-old vehicle will dip from the current three-year retention of 52% in 2016 to 47.8% by 2019. Increased used supply in the marketplace is the main culprit of slipping retention rates this year, the firm said.

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NewsMay 17, 2016

NADAUCG's Used-Vehicle Price Index Falls for the Fifth Straight Month

The NADA Used Car Guide's used-vehicle price index fell to its lowest level in more than five years in April. Analysts expect prices this year to be down 5% and 6% on an index-basis from 2015, the steepest non-recession declines in the last 20 years.

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NewsMay 17, 2016

Consumers Prefer Brands With 'Social Good Campaigns,' KBB Says

Consumers not only prefer to buy from brands with social good campaigns, they expect auto manufactures to carry them out. According to a KBB survey, 64% of respondents expect automakers to carry out social good campaigns. An even larger percentage, 70%, would like to see more automakers promote social good campaigns.

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NewsMay 17, 2016

Recall Masters Now Integrated Into AutoLoop’s Fixed Ops Suite

Recall Masters’ news, data, training and communication will now be integrated into AutoLoop’s Fixed Ops Suite to provide real-time recall lookup of vehicles during service appointment scheduling, as well as during the vehicle check-in and inspection process.

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NewsMay 17, 2016

Dealer.com Honored for Commitment to the Arts

Dealer.com was named among the Top 10 ‘Best Businesses Partnering with the Arts in America’ by Americans for the Arts, a nonprofit organization that focuses on art and education.

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NewsMay 17, 2016

Jurecki Departs RouteOne to Become CEO of FordDirect

Mike Jurecki, who led the formation of RouteOne when he joined the joint venture as CEO in 2002, is leaving the technology firm to join FordDirect as CEO. He officially takes the helm on June 6.

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