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Summit Updatesby StaffOctober 1, 2019

Register This Week for Your Chance to Win a Free Stay at Industry Summit

Attendees are encouraged to register for the 2019 Industry Summit this week to receive a $100 discount and the chance to win a free hotel stay in New Orleans.

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Industryby StaffOctober 1, 2019

JDP: Sales Accelerate on Record-High Q3 Incentives

J.D. Power and LMC Automotive analysts predict that, despite a slow start to 2019 and a short September, third-quarter new-vehicle sales will rebound on the strength of a 6% increase in factory incentive spending.

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Industryby StaffOctober 1, 2019

Childers to Lead NAE/NWAN Business Development Team

National Automotive Experts and NWAN’s Cliff Childers has been promoted from account executive to national business development manager.

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Trainingby StaffSeptember 26, 2019

Maxims Acquire DealerMax, Plan National Expansion

Jim Maxim Jr. and Jim Maxim Sr. have made DealerMax the new home of their Profit By Design F&I development platform and plan to rapidly expand the Boston-based company’s national footprint.

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Product & Technologyby StaffSeptember 25, 2019

PassTime Launches ‘Revolutionary’ Wireless GPS Device

PassTime announced the launch of Encore, a new dealer-facing vehicle asset management tool packaged in a completely self-powered, slim design.

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Product & Technologyby StaffSeptember 24, 2019

Universal Launches ZERO Down Payment Program

Universal Lenders announced the launch of the ZERO Down payment program, a new option for car buyers who wish to buy F&I products with no down payment.

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Industryby Tariq KamalSeptember 19, 2019

Fed Cuts Interest Rates Again, Stock Market Responds

Stock are on the rise following the second quarter-point reduction to the federal funds rate in less than two months. No further cuts are planned for this year or next, guaranteeing further pressure from the White House.

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Summit Updatesby StaffSeptember 18, 2019

‘Ask Frenchy’ Competition Now Accepting Submissions

Five F&I professionals will attend Industry Summit as a guest of IAS and veteran trainer Eric ‘Frenchy’ Mélon, who will select finalists for the third annual objection-handling competition and F&I training session.

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Industryby Tariq KamalSeptember 18, 2019

World’s First Carbon-Neutral Dealership Changes Hands

Motorcars Honda of Cleveland Heights has been purchased and renamed by the nine-store Foundation Automotive group. The Ohio store was recognized by BP as the world’s first carbon-neutral auto dealership in 2016.

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Industryby StaffSeptember 18, 2019

Generali Targets Specialty Insurance Market With New Division

Generali US Branch’s Specialty Insurance Division will offer insurance and obligor services for warranties and service contracts on a global scale in multiple verticals, including automotive F&I.

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