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WASHINGTON, D.C. — U.S. Senator Deb Fischer (R-Neb.) reintroduced on Jan. 11 legislation aimed at replacing the director of the Consumer Financial Protection Bureau with a five-member bipartisan board. The bill was introduced just as Congressional Democrats and state regulators pledged to defend the bureau against attacks from the Trump administration. This is the third ... Read More »
Read More →FORT LAUDERDALE, Fla. — AutoNation Inc. announced promotions for William “Bill” Berman, Marc Cannon and Donna Parlapiano. A 30-year auto retail veteran who had served as executive vice president and COO since 2015, Berman was named president and COO. Mike Jackson remains the company’s chairman and CEO. “Bill is an outstanding and exceptional leader whose proven track record and ... Read More »
Read More →DALLAS — Pearl Technology Holdings LLC today announced that its ShowroomXpress (SRX) digital retail platform is now integrated with RouteOne, allowing dealers to offer vehicle buyers a true streamlined express retail experience. The integration enables consumers to complete a purchase online or in the showroom. And through RouteOne’s online credit application and econtracting platform, ShowroomXpress will now give ... Read More »
Read More →IRVINE, Calif. — The average transaction for a new vehicle increased by $1,123, or 3.3%, from a year ago to $34,968, according to Kelley Blue Book estimates. The average, however, was down by $453, or 1.3%, from December 2016. Driving the year-over-year strength in pricing was a sales mix in favor of utility vehicles, with ... Read More »
Read More →DEARBORN, Mich. — Ford is launching the Commercial Vehicle Center dealer program to replace the Business Preferred Network (BPN). According to officials, the new program offers improved service, better parts availability and a new loyalty program. The program is rolling out at 650 of Ford’s more than 3,000 dealers in the United States and replaces a program ... Read More »
Read More →SANTA MONICA, Calif. — Automotive lease volume reached an all-time high of 4.3 million vehicles in 2016, according to the latest Lease Market Report from Edmunds, account for 31% of new-vehicle sales in 2016. That’s up from 29% in 2015. Over the past five years, lease volume has grown by 91%. And as the popularity ... Read More »
Read More →TORRANCE, Calif. — On Thursday, February 16, 2017, at 11:00 PT/2:00 p.m. ET, Podium will host a free webinar “7 Quick ways to drive purchase decisions with online reviews,” with Director of Automotive Sales Dan Wright and Vice President of Marketing Nico Dato. We all know that selling cars is a competitive business, so standing out ... Read More »
Read More →ST. LOUIS – Wise F&I, which offers a full suite of finance and insurance products for the automotive market, is pleased to announce that its products are now available to automotive retailers operating on a Reynolds dealership management system (DMS) through the Product Rating and Booking (PRB) tool within a Reynolds DMS. This seamless access ... Read More »
Read More →WILKES-BARRE, Penn. – GWC Warranty, the best-in-class provider of used vehicle service contracts and related finance and insurance products sold through automotive dealers, has released the fourth video in the award-winning Behind The Wheel dealer story series. The latest release in the Behind The Wheel series features Texas Cars Direct, a destination for luxury used cars ... Read More »
Read More →Salt Lake City, Utah – Siskin Enterprises, Inc., the manufacturer of PermaPlate Products, has successfully completed an annual surveillance audit as part of the company’s ongoing ISO 9001:2008 certification. The ISO 9001:2008 Standard focuses on a number of quality management principles including a strong customer focus and continual improvement. By reaffirming their commitment to the ... Read More »
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