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News•by Staff•April 9, 2019

Auto Loan Interest Rates Hit 10-Year High

Edmunds says the average APR for a U.S. new-vehicle loan was 6.36% in March, putting dealers and consumers on the cusp of a ‘dramatic shift’ toward the used-car market.

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News•by Staff•April 8, 2019

DMS Market Poised to Grow 8% by 2025

The global market for dealer management systems will hit $10.1 billion by 2025, a ‘healthy’ projected growth rate of 8%, according to the latest forecast by Research Reports.

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News•by Staff•April 8, 2019

NADA: Employment, Payroll Up for New-Car Dealers

U.S. franchised auto dealers paid over $66 billion to more than 1 million workers in 2018, a 1.9% year-over-year increase that pushed the average employee’s pay to $1,134 per week.

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News•by Staff•April 3, 2019

700Credit Integrates With IDOne

700Credit has integrated with IDOne, RouteOne’s proprietary in-dealership identity verification tool.

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News•by Staff•April 1, 2019

AutoMap Expands to Europe With UK Office

AutoMap has opened an office in London, bringing its inventory-tracking and auditing solutions to European dealers for the first time.

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News•by Staff•March 19, 2019

New Infographic Makes Case for Reinsurance Review

Protective Asset Protection has released a new, free infographic that illustrates the pressing need for dealers to consider alternatives to NCFC structures.

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News•by Staff•March 18, 2019

Ford Protect Adds Darwin Automotive

Darwin Automotive’s digital retail, F&I, and service menus will be available to Ford dealerships nationwide as part of a new partnership.

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News•by Staff•March 18, 2019

KeyBank, Westlake Add Dealertrack Titling Solution

KeyBank Dealer Retail Services and Westlake Financial Services have joined Dealertrack’s growing network of Accelerated Title users.

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News•by Staff•March 15, 2019

Milne Promoted to COO at PermaPlate/Siskin

Six-year company veteran Bret Milne has been named COO of PermaPlate/Siskin Enterprises after serving as the F&I product provider’s vice president of operations since 2016.

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News•by Staff•March 13, 2019

Ford Names MaximTrak Preferred F&I Menu Provider

Ford Motor Co. has named MaximTrak as a preferred F&I menu and reporting technology provider for its extended service plans division.

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