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LAS VEGAS — Organizers of the upcoming Agent Summit have announced that Robert “Bob” Harkins, vice president of training for the American Guardian Group of Companies, will return as master of ceremonies for the 2018 event, which is scheduled for May 20–23 at the Venetian & Palazzo Resort Hotel Casinos in Las Vegas. “Although we ... Read More »
Read More →LAS VEGAS — Organizers of Agent Summit are pleased to announce its return to the Venetian & Palazzo Resort Hotel Casinos in 2018. To be held May 20-23, this will be the eighth annual event drawing agents and agent principals from around the country. Designed exclusively for automotive general agents, the goal of this event ... Read More »
Read More →ALPHARETTA, Ga. — Twenty senior industry leaders expressed cautious optimism about the economy and the automotive retail industry in White Clarke Group’s annual U.S. Auto and Equipment Survey. The chief executive officers, directors, chairmen and president surveyed by the technology firm were optimistic about new-vehicle sales, which are on the decline but should remain among ... Read More »
Read More →WASHINGTON, D.C. — It is rare when the auto finance industry applauds the Consumer Financial Protection Bureau for finalizing a rule, but that’s what happened today when the bureau finalized its small-dollar lending rule. The bureau said its rule is aimed at stopping payday debt traps “by requiring lenders to determine upfront whether people can ... Read More »
Read More →DANA POINT, Calif. — The National Automobile Dealers Association’s (NADA) 63-member board of directors elected Wes Lutz as chairman for the 2018 term, the association announced. The election took place at NADA’s board meeting in Dana Point, Calif., on Oct. 3. The new term officially begins at the 2018 NADA Show in Las Vegas next ... Read More »
Read More →HOFFMAN ESTATES, Ill. — CDK Global today announced a strategic relationship with online automotive marketplace CarGurus. Through this collaboration, users of CDK websites will gain exposure for their inventory on CarGurus.com as well as leads from CarGurus shoppers. CDK will also leverage CarGurus’ anonymized, aggregated data in its suite of automotive digital marketing solutions, allowing ... Read More »
Read More →OAK PARK, Ill. — Environmental protection products distributor Diamondbrite N.A. and Universal Lenders LLC, creator of The Zero Plan, announce that they will be working together to offer financing solutions to auto dealers. According to officials, the partnership will allow dealers to provide their customers who purchase Diamondbrite N.A. products, including lifetime warranted paint, fabric, ... Read More »
Read More →LAWRENCEVILLE, Ga. — The replacement of the up to 500,000 vehicles damaged by Hurricane Harvey began last month, fueling the largest single-month increase in Black Book’s Used Vehicle Retention Index since March 2012. The index increased from 112.6 to 113.9, with compact cars (up 2.8%), compact crossover SUVs (up 2.4%), full-size cars (up 2.5%), and ... Read More »
Read More →INDIANAPOLIS — New data from thousands of consumer profiles studied by PERQ for the firm’s most recent Car Buyer Insights Report questions key assumptions about dealership website visitor behavior, from where these consumers are in the buying cycle to how they prefer to be communicated with, and with what content. Among the topline findings are that, despite ... Read More »
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