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CHICAGO — On Wednesday, Ed Napleton, president of the Napleton Auto Group, filed a class action lawsuit against Volkswagen in the U.S. District Court for the Northern District of Illinois on behalf of three of his Volkswagen dealerships. The lawsuit stated that the manufacturer intentionally defrauded dealers by installing “defeat devices” in its diesel cars. ... Read More »
Read More →ATLANTA – Wholesale used-vehicle prices declined in March for the third consecutive month, illustrating the long-anticipated dip in pricing. This brought the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — to a reading of 122.5 in March, a decrease of 1.6% from a year ago. ... Read More »
Read More →LAWRENCEVILLE, Ga. — Black Book has announced a distribution agreement with ProMax to help expand the footprint of its new Bullseye Prospecting turnkey platform for dealer marketing campaigns. As part of the agreement, ProMax will market Bullseye Prospecting to its network of auto dealers throughout the United States. “ProMax had the opportunity to conduct an ... Read More »
Read More →TORRANCE, Calif. — Voting for the 12th annual Dealers’ Choice Awards is now open and will remain so until midnight on April 15. Dealers and dealership personnel are encouraged to vote for their favorite vendors, suppliers, banks and finance companies in 34 categories covering new- and used-car leads, training, marketing, F&I products and more. Voters must write ... Read More »
Read More →FARMINGTON HILLS, Mich. — Mercedes-Benz Financial Services USA LLC announced this week the appointment of Geoff Robinson to vice president, effective May 1, 2016. Previously, Geoff Robinson served as vice president of marketing and chief digital officer at the company. In that role, he was responsible for defining and executing marketing and communications strategies for ... Read More »
Read More →LEE’S SUMMIT, Mo. – Mechanical Breakdown Protection, Inc. (MBPI), a top rated extended vehicle service contract administrator, has released a new protection plan specifically for the high-end OEM technology components on today’s modern vehicles. With the ever changing technology in automotive industry, consumers are becoming more and more concerned about the cost of repairs regarding ... Read More »
Read More →SAN PEDRO, Cali. – Advent Resources Inc., the leading automotive software provider, announced today the completion of the Hyundai Dealer Communications project with Oxlo Systems, the DCS certification agent for Hyundai USA. Advent customers will have an enhanced DMS with a full complement of data interfaces to enable bi-directional communication between Hyundai retailers and Hyundai USA. ... Read More »
Read More →DALLAS – EFG Companies, the innovator behind the award-winning Hyundai Assurance program, today launched Parts Wizard, a new technology platform that reduces dealer reinsurance exposure, streamlines claims administration and increases customer satisfaction. For more information about EFG’s claims administration, visit: http://bit.ly/EFGAdmin EFG’s Parts Wizard automates the manual process of sourcing OEM, aftermarket, remanufacturered, and used ... Read More »
Read More →JM&A Group, one of the largest independent providers of finance and insurance (F&I) products in the automotive industry. Together, they will continue delivering top-rated service contracts and added protections for Kia customers. KMA first partnered with JM&A in 2007 to grow its dealer programs using branded F&I products and extended warranty services known as the ... Read More »
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