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SANTA MONICA, Calif. — TrueCar CEO Chip Perry, who joined the company this past December, used the firm’s quarterly investor call to lay out his plans to improve dealer relations, OEM perception of TrueCar and user monetization. Perry said his top priority is to repair dealer relations, acknowleding that a a company like TrueCar, which ... Read More »
Read More →DAYTON, Ohio — Reynolds and Reynolds Co., a provider of automotive dealership software, documents, and professional services, today announced its acquisition of ReverseRisk, which offers a web-based analytics reporting platform designed to eliminate the need for multiple reporting systems. The system can be used regardless of the DMS a dealership uses and will be added ... Read More »
Read More →NAPA, Calif. – AUL Corporation is proud to announce the promotion of Scott Smith to lead the operations department in addition, to his role as the service support manager. Scott joined AUL nine years ago as a customer service representative and then was appointed a claims team leader before being promoted to the service support ... Read More »
Read More →SAN CLEMENTE, Calif. – DealerSocket has unveiled a five-step customer acquisition plan for used car dealers, backed by the company’s most recent internal data and a survey of dealerships nationwide. The plan highlights low-hanging-fruit strategies that dealers can implement right away to attract and convert more leads. “It’s tempting for dealers working in the trenches ... Read More »
Read More →HERNDON, Va. — VW Credit Inc. — doing business as Volkswagen Credit, Audi Financial Services and Ducati Financial Services — has announced a new line of Volkswagen, Audi and Ducati branded lines of automobile and motorcycle protection products for the U.S. market. The captive said this week it reached an agreement with Safe-Guard Products International ... Read More »
Read More →GRAPEVINE, Texas – F&I Express® is pleased to welcome AssurancePlus to its growing network of aftermarket F&I providers. The addition of AssurancePlus to F&I Express will allow dealers the ability to eRate, eContract and eRegister all of AssurancePlus’ services and products. For over 7 years AssurancePlus has been providing dynamic Auto Advantage (Auto Deductible Reimbursement) ... Read More »
Read More →SCOTTSDALE, Ariz.—CNA National Warranty Corporation (CNAN) recently announced that over $40 million was returned to automobile dealers across the U.S. through its various participation plans for 2015, bringing its inception-to-date total to more than $370 million. “Our participation programs exceeded our expectations in 2015,” says Joe Becker, president and chief executive officer. “The distribution amount ... Read More »
Read More →ORLANDO, Fla. – In 2003, US Equity Advantage (USEA) started helping car buyers purchase finance products they could not afford with a standard monthly payment plan; growing to become one of the nation’s leading providers of biweekly loan processing for the automotive industry. Today, the company unveiled a major rebranding initiative that reflects the evolution ... Read More »
Read More →ST. LOUIS – Wise F&I LLC, a leading finance and insurance product provider, has integrated with Dealertrack to provide dealerships real-time access to Wise F&I products for price quotes and the electronic contracting of aftermarket products through the Dealertrack Aftermarket NetworkTM. Through the Dealertrack Aftermarket Network, the F&I sales and submission processes are all handled ... Read More »
Read More →FORD LAUDERDALE, Fla. – AutoNation’s F&I operations, or what the group refers to as Customer Financial Services, lived above $1,500 in F&I gross profit per vehicle retailed (PVR) in 2015, with the business unit’s full-year revenues rising by $100.5 million from 2014. The group’s F&I operation’s full-year PVR average was $1,538, up $124 from 2014. ... Read More »
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