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WASHINGTON — Sage Automotive Group, which includes nine dealerships in the Los Angeles area, has agreed to pay more than $3.6 million to settle charges leveled by the Federal Trade Commission. Two of the group’s co-owners, brothers Joseph and Michael Schrage, as well as its holding and management companies, were named in the regulator’s announcement. The FTC ... Read More »
Read More →TIMONIUM, Md. — IT managed services provider Helion Automotive Technologies has issued proactive security recommendations for auto dealers who may be at risk of customer data breaches. The recommendations come on the heels of an incident that occurred last month and was widely reported in news outlets. In February, a disgruntled employee with a CRM vendor circulated ... Read More »
Read More →INDIANAPOLIS — Decluttering dealership websites and focusing on targeted messaging and “personalized” calls to action (CTA) can significantly increase click-through rates, lead data collection and, ultimately, dealership profits, according to consumer website data analyzed by PERQ. PERQ analysts released the information in conjunction with the launch of the company’s Auto Website Conversion Course, a series of online ... Read More »
Read More →CINCINNATI — Car lease credit applicants registered a 72.2% approval rate in February, a 33.3% increase from January’s 50% approval rate but flat with a year ago, according to Swapalease.com. The car lease marketplace noted that the last time approval rates reached that high was October 2015, when the lease credit approval rate was 75%. It ... Read More »
Read More →DAYTON, Ohio — The Reynolds and Reynolds Co. announced today that President Ron Lamb has stepped down, effective immediately. According to the company’s announcement, Lamb plans to pursue opportunities in private equity. The position will not be immediately filled, officials said. “Ron has made a significant contribution to Reynolds over the years,” said Reynolds Chairman ... Read More »
Read More →NEW YORK — automotiveMastermind has added Infiniti to its predictive analytics platform, opening access to Infiniti dealers nationwide. The technology was designed to give dealers key insights and valuable information on top sales prospects. “As Infiniti is seeking to drive business in the highly competitive luxury market, this is the perfect opportunity for us to help them ... Read More »
Read More →NORCROSS, Ga. — EasyCare announced the launch of SelectCare, a new benefit designed to help retail and lease customers avoid the unexpected cost of replacing parts that may not be covered by their factory warranty, vehicle service contract, or prepaid maintenance plan. In addition to coverage for parts such as brake pads, the battery, and ... Read More »
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