
Staff
Editorial

Editorial

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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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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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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700Credit has integrated with IDOne, RouteOne’s proprietary in-dealership identity verification tool.
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AutoMap has opened an office in London, bringing its inventory-tracking and auditing solutions to European dealers for the first time.
Read More →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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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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KeyBank Dealer Retail Services and Westlake Financial Services have joined Dealertrack’s growing network of Accelerated Title users.
Read More →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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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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