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Driving Under Distraction
Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
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SEARCHMENUSEARCHThough consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
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NORFOLK, Va. — Dominion Dealer Solutions announced the launch of its new CRM, Dominion Vision. The new offering combines an intuitive interface with customized reporting and consumer-focused communication tools to create an easy-to-use CRM that will satisfy customers, sales reps and management, according to the provider. Powered by CRMSuite, Dominion Vision is the result of a ... Read More »
Read More →SCOTTSDALE, Ariz. — Prepaid maintenance program provider Fidelis PPM announced the addition of complimentary auto deductible reimbursement coverage as a new program benefit. The addition was designed to bring unique market and competitive advantages to Fidelis PPM’s new-car, independent and buy here, pay here dealers, including prepaid, discount-priced routine maintenance services and a personal-identification restoration ... Read More »
Read More →COSTA MESA, Calif. — Experian unveiled the industry’s first tri-bureau trended attributes, which are aimed at giving finance sources a wider view into consumer credit behavior and patterns over time. Ultimately, this helps them expand into new risk segments and better tailor credit offers to meet consumer needs. An Experian analysis shows that custom models ... Read More »
Read More →SANTA MONICA, Calif. — Interest rates on new-vehicle loans were expected to soar to their highest point in eight years in February, Edmunds said last week. The annual percentage rate (APR) on new financed vehicles averaged 5.2% in February. That’s up from 4.9% in 2017 and 4.4% five years ago. Edmunds experts point to an ... Read More »
Read More →IRVINE, Calif. — Kelley Blue Book put February’s estimated average transaction price for light vehicles at $35,444. That’s up $722 from a year ago but down $96 from January. Even with new-vehicle demand expected to continue to slow in 2018, average transactions prices have so far been unaffected this year — though incentives have risen ... Read More »
Read More →LONG BEACH, Calif. — FrogData named Paul Arenson as senior sales consultant, continuing a “rapid expansion,” according to the company. Arenson comes to FrogData with more than two decades of automotive industry experience, most recently at Dealertrack, where he was the recipient of the company’s first-ever Chairman’s Award, which recognizes excellence in the relentless pursuit ... Read More »
Read More →ALEXANDRIA, Va. — The American International Automobile Dealers Association (AIADA) expressed opposition to President Donald Trump’s plan to place a 25% tariff on steel and a 10% tariff on aluminum imports. Both metals are crucial to the production of cars and trucks sold in America today and would raise the sale prices of those vehicles ... Read More »
Read More →GREENSBORO, N.C. — Nearly three years after switching to a flat-fee compensation model in response to the Consumer Financial Protection Bureau (CFPB)’s targeting of dealer participation, BB&T Dealer Financial Services announced to its dealers it will officially return to a dealer spread compensation plan on March 14. The decision, detailed in a Feb. 7 dealer ... Read More »
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