ORLANDO, Fla. — David Pryor, CMO of Safe-Guard Products International, will tackle the subject of digital retail in a general session for P&A Leadership Summit and Industry Summit attendees in Orlando next month, organizers announced. The events will be held Oct. 8–10 at the Caribe Royale Orlando, with Pryor set to take the stage at 4:20 p.m. on Wednesday, Oct. ... Read More » The post Are We There Yet? Pryor to Go Digital at Industry Summit, PALS appeared first on P&A Magazine .
NORTH HILLS, N.Y. — Subprime finance source Regional Acceptance Corp. (RAC) today announced it has selected Dealertrack Accelerated Title to handle its payoff and title release process for dealers accepting cars in on trade. Regional Acceptance officials said the finance source chose Dealertrack’s Accelerate Title to “maximize internal efficiencies, reduce processing costs, and provide dealers ... Read More » The post Regional Acceptance Joins Dealertrack Accelerated Title appeared first on P&A Magazine .
HOFFMAN ESTATES, Ill. and SAN JOSE, Calif. — CDK Global announced on Tuesday that startup AutoFi has agreed to consume digital retailing application programming interfaces (APIs) from the Fortellis Automotive Commerce Exchange platform. The company also confirmed that Equifax Inc., one of the inaugural publishers on Fortellis, will publish additional APIs for the open, secure and accessible global network for the ... Read More » The post CDK Global Adds AutoFi, New Integrations to Fidellis Commerce Exchange appeared first on P&A Magazine .
ATLANTA — Lower vehicle density will spare Hurricane Florence-affected areas from tallying total losses approaching those seen in Texas and Florida during last year’s hurricane season, predicted Jonathan Smoke, chief economist for Cox Automotive. In a statement released at noon ET yesterday, Smoke acknowledged the “hard reality” of significant flooding and property loss faced by ... Read More » The post Carolina Dealers Face Florence Losses appeared first on P&A Magazine .
ATLANTA — Total outstanding auto portfolio balances reached $1.27 trillion through May, the first time balances have surpassed $1.25 trillion, according to Equifax. That’s despite finance sources continuing to pull back from the high-risk tiers. On a year-to-date basis through May, the auto finance industry originated 10.2 million auto loans during through May totaling $230 ... Read More » The post Total Outstanding Auto Portfolio Balances Top $1.25 Trillion appeared first on P&A Magazine .
ATLANTA — According to data from the Q3 2018 Cox Automotive Dealer Sentiment Index, U.S. automobile dealers are more positive than negative in describing the current market in the third quarter but are fearful that proposed auto tariffs could hurt profitability. The results are based on a poll of 1,276 dealer respondents conducted from July ... Read More » The post Dealer Poll: Tariffs Are Bad for Business appeared first on P&A Magazine .
IRVING, Texas — DealerSocket recently announced the appointment of Gary Ito as CFO. He brings three decades of financial and accounting experience to the software firm. Over the course of his 30-year career, Ito has worked at several global software and technology organizations, including both public and private equity-owned companies. He most recently served as ... Read More » The post DealerSocket Announces New CFO appeared first on P&A Magazine .
ORLANDO, Fla. — Organizers of the annual P&A Leadership Summit announced that Chip Perry, president and CEO of TrueCar, will deliver the luncheon keynote address at this year’s event. The conference, which is designed by and for leading executives in the F&I product provider and administrator segment, is co-located with Industry Summit and will be held Oct. 8–10 at ... Read More » The post Chip Perry to Deliver PALS Luncheon Keynote appeared first on P&A Magazine .
ORLANDO, Fla. — Florida-based attorney and compliance expert James S. “Jim” Ganther will present the first workshop session at this year’s Compliance Summit, organizers announced. Compliance Summit is part of the annual Industry Summit, which will be held will be held Oct. 8–10 at the Caribe Royale Orlando in Orlando, Fla. Ganther has agreed to take on several ... Read More » The post Ganther to Tackle MLA, CFPB, Employee Privacy at Compliance Summit appeared first on P&A Magazine .
REDWOOD CITY, Calif. — Cox Automotive Inc. has released its “2018 Service Industry Survey,” a new report that documents and analyzes the results of a survey completed by 3,550 consumers and 404 franchise dealership employees. Directors said their goal was to explore the current state of the service market and help dealerships understand and capitalize ... Read More » The post Cox Releases Results of Fixed Ops Study appeared first on P&A Magazine .