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CINCINNATI- DriveItNow®, the leader in online pre-qualified monthly payment marketing technology, announces a partnership with GoMoto, a leading provider of dealership engagement solutions. DriveItNow will be integrated with GoMoto’s mobile kiosk technology to improve the car shopper experience and boost sales for dealers. GoMoto’s patent pending Customer Experience Platform uses tablets and touch-screen computer displays ... Read More »
Read More →IRVINE, Calif. — Spireon Inc., an aftermarket telematics company with more than 2.5 million connected vehicles on the road, announced the release of Kahu, a new service sold exclusively through used-car dealers that allows customers to link their vehicles to their smartphones. The Kahu service includes a device that connects with the car’s location and trip data once installed. It ... Read More »
Read More →ARLINGTON, Texas, and DAYTON, Ohio — Reynolds and Reynolds has joined the National Independent Automobile Dealers Association (NIADA)’s Member Benefit Partner program, and will provide its business forms, sales contracts, compliance services, branding products and other dealership supplies to the association’s members throughout North America. “We’ve worked informally alongside the NIADA and its members for ... Read More »
Read More →CLIFTON PARK, N.Y. – OptionSoft Technologies Inc., a provider of Automotive Finance software, announced today that it has completed integration with Provider Exchange Network(PEN). This integration will allow OptionSoft to better serve thousands of dealers via PEN’s streamlined electronic rating, forms and contract booking connection. PEN is an electronic data exchange that streamlines the sales ... Read More »
Read More →Kerri Walker Lewis has joined CalTex in the role of Senior Director of Business Development. CalTex is focused on growth as today’s market conditions present an ideal setting for expansion. A proven industry veteran, Lewis brings extensive experience in business development, relationship management and successful sales & marketing strategies for new products and programs. Prior ... Read More »
Read More →ATLANTA — Cox Automotive announced that the Dealer.com website solution will serve as the primary solution for Cox Automotive customers. Current users of VinSolutions’ website product will migrate to the Dealer.com platform beginning in early 2016. During the migration, which should be completed within 24 months, all VinSolutions website clients will be fully supported under ... Read More »
Read More →WASHINGTON, D.C. — The U.S. House of Representatives is expected to vote this week on a bill that would rescind the Consumers Financial Protection Bureau’s guidance on dealer participation and add a few more steps in to its guidance-writing activities. The House is expected to vote on H.R. 1737, which the House Financial Services Committee ... Read More »
Read More →SCHAUMBURG, Ill. — Experian Automotive reported today that outstanding automotive loan balances totaled $968 billion in the third quarter. That’s up $98 million from a year ago and up more than 53% from the post-recession low in 2010. The firm noted that while outstanding balances have grown substantially, borrowers continue to keep the market stable ... Read More »
Read More →Volkswagen and Audi executives will meet with U.S. environmental regulators this week, ahead of a Nov. 20 deadline to submit a plan to fix nearly 500,000 diesel cars that violate pollution emission rules, people familiar with the matter said. Friedrich Eichler, VW’s powertrain development chief, is scheduled to meet with the Environmental Protection Agency and ... Read More »
Read More →BERLIN— Volkswagen AG on Friday reported a drop in new-car sales in October as a result of sharp declines in some emerging markets and troubles for its namesake VW brand in the U.S. and Europe stemming from the company’s emissions scandal. Meanwhile, the Wolfsburg, Germany-based auto group is negotiating with a group of banks to ... Read More »
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