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Newsby AE eMagazineNovember 18, 2016

RoadVantage

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, unveiled a new video illustrating the value of ancillary programs, available to dealerships nationwide, to drive customer interest in F&I protection when purchasing a vehicle.

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Newsby AE eMagazineNovember 18, 2016

RoadVantage Unveils Free F&I Video to Dealerships Nationwide to Help Educate Consumers

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today unveiled a new video illustrating the value of ancillary programs, available to dealerships nationwide, to drive customer interest in F&I protection when purchasing a vehicle. RoadVantage created the 2-minute video (available on the RoadVantage YouTube channel at http://bit.ly/2fWigrR) in response to recent ... Read More »

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Newsby AE eMagazineNovember 17, 2016

DealerSocket Announces Integration With FetchAQuote.com

SAN CLEMENTE, Calif. — DealerSocket’s newly launched iDMS platform for independent dealers is now integrated with FetchAQuote.com (Fetch), an electronic auto insurance service, the companies announced this week. Independent dealers can use Fetch, which offers a large selection of nonstandard insurers that specialize in insuring customers with poor credit and bad driving histories, to help ... Read More »

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Newsby AE eMagazineNovember 17, 2016

Rapid Recon Salutes 100 Years of NADA and Vehicle Reconditioning

PALO ALTO — In 2017, the National Automobile Dealers Association (NADA) celebrates 100 years serving franchised automobile dealers. Next year also marks the centennial of the first evidence of vehicle reconditioning, according to a provider of reconditioning workflow time-to-market software solutions. Rapid Recon issued a press release today saluting the NADA for 100 years of ... Read More »

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Newsby AE eMagazineNovember 17, 2016

Auto/Mate Appoints New Head of Marketing

ALBANY, N.Y. — Auto/Mate Dealership Systems has appointed Patrick Reilly as its new head of marketing, the company announced today. He will oversee the development of a corporate marketing strategy that will increase awareness of Auto/Mate’s position as a DMS provider, fulfill the company’s growth objectives and drive revenue. “Patrick brings a wealth of marketing ... Read More »

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Newsby AE eMagazineNovember 17, 2016

CFPB Supporters Ask Federal Appellate Court to Rehear CFPB Decision

WASHINGTON, D.C. — In an amicus brief sent Tuesday, a group of current and former members of Congress that supported the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 urged the federal appellate court that deemed the Consumer FInancial Protection Bureau (CFPB)’s structure unconstitutional to rehear the case. Arguing that the court’s October ... Read More »

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Newsby AE eMagazineNovember 17, 2016

Fed Reserve, CFPB Leave TILA, CLA Dollar Thresholds the Same for 2017

WASHINGTON, D.C. — The dollar thresholds in the Truth in Lending Act (TILA)’s Reg. Z and the Consumer Leasing Act (CLA)’s Reg. M for exempt consumer credit transaction will remain at $54,600 for 2017, the Federal Reserve Board and the Consumer Financial Protection Bureau announced on Nov. 23. The Dodd-Frank Wall Street Reform and Consumer ... Read More »

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Newsby AE eMagazineNovember 17, 2016

Bazaarvoice: Consumer-Generated Content ‘Critical’ to Sales

AUSTIN — Ratings, reviews, photos and videos created by customers — collectively known as “consumer-generated content” (CGC) — have become a “critical” component in dealership branding and vehicle sales, according to new research from Bazaarvoice. “In many industries we work with — like consumer electronics, home improvement, apparel, etc. — CGC is widely adopted,” Brendan Yancy, ... Read More »

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Newsby AE eMagazineNovember 16, 2016

South Dakota Voters Approve 36% APR Cap on Short-Term Loans

SIOUX FALL, S.D. — Voters there approved an initiated measure aimed at capping interest rates on short-term loans in the state. Included in the cap are all charges for ancillary products and any other fees included in the extension of credit. Initiated Measure 21, which was passed last Tuesday by 75.6% of voters, places a ... Read More »

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