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NAPA, Cali. – AUL Corp., the award-winning and leading warranty and vehicle service contract administrator in America, just released their 2017 F&I Training Schedule. This will be AUL’s second year of offering F&I Training. This training provides a tailored education that includes a 3-day live course, virtual training sessions and an online platform that includes ... Read More »
Read More →ST. LOUIS – Wise F&I, a long standing company in the automotive finance and insurance market, has a full suite of voluntary protection products available through MaximTrak, A RouteOne Company. MaximTrak offers a highly customizable all-in-one F&I menu platform and streamlines access to Wise F&I products for their mutual automotive dealers. Access to Wise F&I’s full ... Read More »
Read More →CHICAGO – DRIVIN this week announced it has signed an agreement to license Chrome Data’s Automotive Description Service (ADS) to enhance its inventory-sourcing marketplace. Launched earlier this year, DRIVIN’s analytics platform is described as intelligent marketplace where used-car dealers can sell, buy and search used-vehicle inventory for their lot. With its connection to Chrome, the ... Read More »
Read More →ONTARIO, Calif. — The more than 1,000 credit unions on CU Direct’s lending platforms maintained their No. 2 spot on Experian’s auto finance leaderboard in January. And with plateauing demand for new vehicles expected to drive up pre-owned sales, CUDL officials said the market is ripe for credit unions to reap further market share gains. ... Read More »
Read More →WASHINGTON — Sage Automotive Group, which includes nine dealerships in the Los Angeles area, has agreed to pay more than $3.6 million to settle charges leveled by the Federal Trade Commission. Two of the group’s co-owners, brothers Joseph and Michael Schrage, as well as its holding and management companies, were named in the regulator’s announcement. The FTC ... Read More »
Read More →TIMONIUM, Md. — IT managed services provider Helion Automotive Technologies has issued proactive security recommendations for auto dealers who may be at risk of customer data breaches. The recommendations come on the heels of an incident that occurred last month and was widely reported in news outlets. In February, a disgruntled employee with a CRM vendor circulated ... Read More »
Read More →INDIANAPOLIS — Decluttering dealership websites and focusing on targeted messaging and “personalized” calls to action (CTA) can significantly increase click-through rates, lead data collection and, ultimately, dealership profits, according to consumer website data analyzed by PERQ. PERQ analysts released the information in conjunction with the launch of the company’s Auto Website Conversion Course, a series of online ... Read More »
Read More →CINCINNATI — Car lease credit applicants registered a 72.2% approval rate in February, a 33.3% increase from January’s 50% approval rate but flat with a year ago, according to Swapalease.com. The car lease marketplace noted that the last time approval rates reached that high was October 2015, when the lease credit approval rate was 75%. It ... Read More »
Read More →DAYTON, Ohio — The Reynolds and Reynolds Co. announced today that President Ron Lamb has stepped down, effective immediately. According to the company’s announcement, Lamb plans to pursue opportunities in private equity. The position will not be immediately filled, officials said. “Ron has made a significant contribution to Reynolds over the years,” said Reynolds Chairman ... Read More »
Read More →NEW YORK — automotiveMastermind has added Infiniti to its predictive analytics platform, opening access to Infiniti dealers nationwide. The technology was designed to give dealers key insights and valuable information on top sales prospects. “As Infiniti is seeking to drive business in the highly competitive luxury market, this is the perfect opportunity for us to help them ... Read More »
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