Your Daily Operations Magazine
Wantalease.com reports sharp drops and steep increases in average new-vehicle lease payments for March, including aggressive pricing for the Chevrolet Traverse and Ford Fusion.
A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.
Protective Asset Protection has released a new, free infographic that illustrates the pressing need for dealers to consider alternatives to NCFC structures.
Pressure on Hyundai and Kia ramped up Monday with the launch of a multistate probe into fires involving the South Korean manufacturers’ Theta II engines and reports suggesting U.S. Sen. Richard Blumenthal will ask for a new investigation at the federal level.
PassTime and Solutions by Text have partnered to deliver SBT’s SMS text-powered software suite to PassTime dealers.
Darwin Automotive’s digital retail, F&I, and service menus will be available to Ford dealerships nationwide as part of a new partnership.
In a move industry watchers may regard as a sign of the times, dealership mainstay Cree has agreed to sell its lighting division in order to fully devote the company to semiconductor manufacturing.
A new partnership with private equity firm ParkerGale Capital will put new capital and resources toward DealerBuilt’s dealer technology solutions development.
KeyBank Dealer Retail Services and Westlake Financial Services have joined Dealertrack’s growing network of Accelerated Title users.
Six-year company veteran Bret Milne has been named COO of PermaPlate/Siskin Enterprises after serving as the F&I product provider’s vice president of operations since 2016.