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Dealer Opsby StaffDecember 23, 2015

Vboost Adds New Features to Marketing Platform

Vboost users will now have access to new music to use in their "customericals," instant photo/video consent from customers and the ability to text "customericals" directly to customers' phones.

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Dealer Opsby StaffDecember 23, 2015

GE Selling Hyundai Capital Shares to Hyundai, Kia

GE announced today that it has signed an agreement to sell its 23.3% stake in Hyundai Capital Services to Hyundai Motor Co. and Kia Motors. The announcement comes less than a month after it unloaded its transportation business unit to BMO Financial Group.

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Dealer Opsby StaffDecember 23, 2015

Manheim Wins Multiple Element Remarketing Awards

Manheim Kansas City took home top honors in Element Fleet Management’s remarketing program. Manheim Pennsylvania Assistant General Manager Amy Taitano also received the Laurie Dobberphul Award — the annual award presented to a top-ranking female in the remarketing industry.

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Digitalby StaffDecember 22, 2015

Autobytel Honors Dealership Internet Teams

The online automotive services provider named Taylor Chrysler Dodge Jeep, Stillwell Ford and Ed Morse Automotive Group as its Dealers of the Month for the third quarter.

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Trainingby StaffDecember 22, 2015

Edmunds Puts 2015 SAAR at 17.5 Million

Edmunds said this week the industry is on pace to break the previous December sales record set in 2004. It predicts the industry will retail 1.7 million units in December, a 29.7% increase from November and a 12.3% increase from a year ago.

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Dealer Opsby StaffDecember 22, 2015

Provision in New Tax Bill May Benefit Dealers

A provision in the act will grant dealers an additional $8,000 in first year-depreciation for certain business vehicles purchased in 2015. However, to use the provision in 2015, dealers must purchase qualifying vehicles before Dec. 31, 2015. The additional $8,000 continues into 2016 and 2017 but will be gradually phased out starting in 2018, according to the NADA.

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Dealer Opsby StaffDecember 17, 2015

Chrysler Dealers to Get Econtracting

RouteOne and Chrysler Capital/Santander Consumer USA announced today that they will begin rolling out econtracting to Chrysler dealers toward the end of the first quarter 2016.

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Dealer Opsby Eric GandarillaDecember 16, 2015

Industry Analysts Discuss Rate Hike's Impact on Vehicle Sales

The Federal Reserve voted unanimously today to increase its target funds rate by a modest quarter point. One market research firm believes that could cut into sales by 150,000 units.

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Dealer Opsby StaffDecember 16, 2015

EFG Companies Announces Winner of F&I Innovator of the Year Contest

The winning team's mobile app, dubbed Watchdog, provides consumers with a convenient way to stay current with their vehicle maintenance, prevent theft and recover their vehicle.

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Trainingby StaffDecember 16, 2015

(UPDATED) Vroom to Acquire Texas Direct Auto

The online startup looking to reinvent how cars are bought and sold has agreed to purchase the pioneer of selling vehicles online. According to officials, the two brands will co-exist and continue to operate online separately.

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