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Dealer Opsby StaffMay 23, 2016

ADT Names 2016 Dealers’ Choice Award Winners

The publishers of Auto Dealer Today announced the winners of the 12th annual Dealers’ Choice Awards. The awards are based on a comprehensive survey that allowed dealers and dealership personnel to recognize their favorite vendors, suppliers and finance companies in 34 categories.

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Dealer Opsby StaffMay 19, 2016

Auto Loan Balances Top $1 Trillion in Q1, Experian Reports

Lease balances also skyrocketed in 2016's opening quarter, while subprime loan volumes showed double-digit growth. Delinquencies, however, remained in check, the firm reported.

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Trainingby StaffMay 19, 2016

DealerRater Releases iOS Version of Mobile App

The app is designed to help dealerships build trust, lower apprehension, and accelerate a successful showroom by allowing employees to communicate with customers earlier in the sales process.

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Dealer Opsby StaffMay 19, 2016

DealerSocket Adds New Functionalities to Mobile CRM App

DealerSocket has upgraded its mobile CRM, adding a mobile driver’s license scanner, push alerts for website visits and the ability to attach images and videos to outgoing emails within the mobile application.

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Complianceby StaffMay 19, 2016

Labor Department Publishes New Overtime Pay Rule

The finalized rule updating overtime regulations will automatically extend overtime pay protections to more than four millions workers within the first year of implementation. The NADA said it is developing outreach materials on the rule’s impact on dealerships and is evaluating potential participation in potential litigation and Congressional oversight.

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Dealer Opsby StaffMay 19, 2016

Wise F&I Integrates With MenuSys

The connection will allow dealers to rate and contract Wise F&I's product line electronically through MenuSys, ensuring up-to-date pricing and product information.

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Dealer Opsby StaffMay 19, 2016

LoJack Recovered $112 Million in Stolen Vehicles in 2015

The most targeted vehicles were those worth more than $30,000. However, the average value of recovered vehicles in 2015 was $10,287. Thieves are also targeting specific vehicle colors, with black and white cars accounting for 20% and 18% of vehicles recovered, respectively.

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Dealer Opsby StaffMay 19, 2016

Calif. New Light Vehicle Registrations Exceed 500,000 Units in Q1 2016

The 500,000 units sold in the first three months of the year has California dealers on track to sell more than million units in 2016, according to the California New Car Dealers Association.

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Dealer Opsby StaffMay 18, 2016

Reuters: Trump to Release Plan for Dismantling Dodd-Frank

Republican Presidential candidate Donald Trump told Reuters he would release a plan in about two weeks for overhauling the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.

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Dealer Opsby StaffMay 18, 2016

Motor Vehicle Software Corp. Launches Automated ERT Platform

The platform is designed to enable vehicle-to-government transactions across the entire lifecycle of a vehicle. After the platforms launch in Oregon, the company plans to expand it to California, Virginia and Illinois by the end of the year.

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