News

Compliance Summit Returns to Texas in September

P&A Leadership Summit Moves to Dallas in September

Agent Summit Sponsorships Are Going Fast

Dent Wizard Hires Vice President of Customer Development

ST. LOUIS —  Paintless dent removal provider Dent Wizard International announced the hiring of Ryan Briggs to the newly created position of vice president of customer development. He will report Mike Black, the company’s senior vice president and COO. Briggs will primarily focus on the Top 150 dealer groups, expanding the company’s relationships with those groups, ... Read More »

NIADA Member Services Creates New Partnership Program

ARLINGTON, Texas — The National Indepedent Dealers Association’s member services division has created a new partnership program designed to offer members a wider array of companies whose products and services they can trust, according to an association announcement. “This new affinity partnership initiative focuses on firms that serve certain segments of the insurance/financial services markets as ... Read More »

RouteOne Canada Adds CIBC Auto Financing to Finance Portal

MARKHAM, Ontario — CIBC has joined RouteOne Canada’s auto financing portal, the companies announced this week. Participating dealers who have a relationship with CIBC can now process credit applications and finance contracts through RouteOne. “Our goal is to deliver dealers a product that provides options that best suit their individual business needs,” said Barry McMillan, ... Read More »

Autotrader: 48% of Car Buyers Choose In-Vehicle Tech Over Brand, Body Style

ATLANTA — Nearly half of consumers (48%) prioritize in-vehicle technology over brand and body style, according to the 2017 Autotrader Car Tech Impact Study. Released on Sunday at the 2017 North American International Auto Show, the report showed a growing number of consumers believe certain safety technologies, including blind-spot detection and forward collision warning, should ... Read More »

Wholesale Used-Vehicle Prices Increase in December, Manheim Reports

ATLANTA — Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis increased by 0.2% in December, according to Manheim. Compared to December 2015, the Manheim Used Vehicle Value Index declined 0.6% to 124.9. For 2016 as a whole, the Manheim Index came in at 125.1, up 0.3% over the year prior and the third ... Read More »

Autobytel Sells Off Specialty Finance Leads Product to Internet Brands

IRVINE, Calif. — Digital automotive services provider Autobytel Inc. last week completed the sale of its specialty finance leads product to Internet Brands Inc. In 2015, Autobytel’s specialty leads product generated $6.5 million in revenue with $0.5 million of contribution to operating income. For 2016, those numbers are expected to come in at $6.4 million ... Read More »

UDS’s Crisorio Returns as Agent Summit Advisory Board Chair

LAS VEGAS — Organizers of the annual Agent Summit announced that Randy Crisorio, president and CEO of United Development Systems Inc. (UDS), will serve a fifth consecutive term as advisory board chair. The 2017 event is scheduled for May 21–24 at Paris Las Vegas. “As an experienced and accomplished agent, Randy has his thumb on the pulse ... Read More »