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Newsby AE eMagazineJune 2, 2015

BMW Recalling Vehicles with Takata Air Bags: U.S. Regulators

German automaker Bayerische Motoren Werke AG is recalling 420,661 U.S. vehicles due to issues involving Takata Corp 7312.t air bags, U.S. auto safety regulators said on Thursday, reports Reuters. Last week, Takata said it would double the recall of potentially deadly air bags to nearly 34 million in the United States.

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Newsby AE eMagazineJune 2, 2015

AutoAp Launches Recall Management Service

BEAVERTON, Ore.— AutoAp, a mobile-focused automotive software development company, has announced the launch of its Dealer Recall Management (DRM) service, an automated method providing automotive retailers daily recall updates for new and used vehicle inventory. Before the DRM service, dealers would need to manually check their entire vehicle inventory for recall status daily, relying on ... Read More »

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Newsby AE eMagazineJune 2, 2015

FCA Rolls Back Powertrain Warranty

AUBURN HILLS, Mich. — FCA US has reduced its powertrain coverage for 2016 model-year vehicles following a move by General Motors earlier this year to reduce its warranty coverage. For 2016, FCA will offer a five-year, 60,000-mile powertrain warranty for its Chrysler, Jeep, Dodge, and Ram Truck vehicles powered by gasoline engines, according to a ... Read More »

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Newsby AE eMagazineJune 2, 2015

J.D. Power to Acquire NADA Used Car Guide

WESTLAKE VILLAGE, Calif. — J.D. Power and the National Automobile Dealers Association (NADA) have announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business, a well-known source of used-vehicle values. The transaction is expected to close early in the third quarter of 2015 and is subject to Hart–Scott–Rodino Act review. Established ... Read More »

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Newsby AE eMagazineJune 2, 2015

Ford’s U.S. Vehicles Sales Dip 1% in May

DETROIT – Ford Motor Co.’s total U.S. vehicle sales slid 1 percent year-over-year to 250,813 units in May, with retail sales down 2 percent to 171,535 vehicles and fleet sales flat at 79,278 units, reports mlive. While trucks and SUVs have been strong sales drivers in the U.S. for automakers this year, Ford’s results were ... Read More »

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Newsby AE eMagazineMay 28, 2015

SecureClose Selects Kiss Concepts Group As National Marketing Partner

FORT WORTH, Tex. – Today, compliance technology provider, SecureClose, LLC has announced a new strategic alliance with marketing agency, KISS Concepts Group LLC, to represent SecureClose technology solutions to independent dealerships and finance companies throughout the United States. As part of this new collaboration, independent agents and agencies that are members of KISS Concepts Group ... Read More »

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Newsby AE eMagazineMay 27, 2015

UDS Wins Two Dealer Choice Awards for 2015

CLEARWATER, Fla. – United Development Systems, Inc. (UDS) has been named the Diamond Award Winner for F&I Training and Gold Award Winner for Compliance Training in the 2015 Dealers’ Choice Awards by Auto Dealer Monthly. For the eleventh consecutive year UDS has been ranked tops in the F&I Training category, while placing 1st in ten ... Read More »

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Newsby AE eMagazineMay 26, 2015

Portfolio Repeats Top Diamond Ranking in Annual Dealers’ Choice Awards

LAKE FOREST, Calif. – Portfolio, one of the nation’s leading reinsurance program managers for automotive dealers, has again been ranked as the top Diamond provider of Vehicle Service Contracts‐ Reinsurance in the annual Dealers’ Choice Awards national survey sponsored by Auto Dealer Monthly magazine. This is the fifth Diamond Award for Portfolio, matching its achievement ... Read More »

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