AE Magazine
MENU
SEARCHMENUSEARCH
IRVINE, Calif., and ATLANTA — Autotrader and Kelley Blue Book reported stronger-than-expected auto sales during the month of November. The overall industry health is looking strong; however, there are a few risk factors that are worth paying attention to heading into 2016, analysts said. The stronger-than-expected unit sales during November were driven by higher employment ... Read More »
Read More →Nissan Motor Co.’s hands-off labor union stepped in to criticize the French government over its power struggle with Chief Executive Officer Carlos Ghosn, issuing its first public appeal involving the Japanese carmaker’s affairs in 16 years, reports BloombergBusiness. The French government’s “unacceptable” attempt to obtain double voting rights in Renault SA would destabilize the two carmakers’ ... Read More »
Read More →SCHAUMBURG, Ill. — Experian Automotive reported today that the percentage of vehicles leased during the third quarter reached its highest point since the firm began tracking auto finance data in 2006, accounting for nearly 27% of all new-vehicle transactions. The firm also noted that the average month lease payment during the quarter rose by $1 ... Read More »
Read More →CINCINNATI- DriveItNow®, the leader in online pre-qualified monthly payment marketing technology, announces a partnership with GoMoto, a leading provider of dealership engagement solutions. DriveItNow will be integrated with GoMoto’s mobile kiosk technology to improve the car shopper experience and boost sales for dealers. GoMoto’s patent pending Customer Experience Platform uses tablets and touch-screen computer displays ... Read More »
Read More →IRVINE, Calif. — Spireon Inc., an aftermarket telematics company with more than 2.5 million connected vehicles on the road, announced the release of Kahu, a new service sold exclusively through used-car dealers that allows customers to link their vehicles to their smartphones. The Kahu service includes a device that connects with the car’s location and trip data once installed. It ... Read More »
Read More →ARLINGTON, Texas, and DAYTON, Ohio — Reynolds and Reynolds has joined the National Independent Automobile Dealers Association (NIADA)’s Member Benefit Partner program, and will provide its business forms, sales contracts, compliance services, branding products and other dealership supplies to the association’s members throughout North America. “We’ve worked informally alongside the NIADA and its members for ... Read More »
Read More →CLIFTON PARK, N.Y. – OptionSoft Technologies Inc., a provider of Automotive Finance software, announced today that it has completed integration with Provider Exchange Network(PEN). This integration will allow OptionSoft to better serve thousands of dealers via PEN’s streamlined electronic rating, forms and contract booking connection. PEN is an electronic data exchange that streamlines the sales ... Read More »
Read More →Kerri Walker Lewis has joined CalTex in the role of Senior Director of Business Development. CalTex is focused on growth as today’s market conditions present an ideal setting for expansion. A proven industry veteran, Lewis brings extensive experience in business development, relationship management and successful sales & marketing strategies for new products and programs. Prior ... Read More »
Read More →ATLANTA — Cox Automotive announced that the Dealer.com website solution will serve as the primary solution for Cox Automotive customers. Current users of VinSolutions’ website product will migrate to the Dealer.com platform beginning in early 2016. During the migration, which should be completed within 24 months, all VinSolutions website clients will be fully supported under ... Read More »
Read More →WASHINGTON, D.C. — The U.S. House of Representatives is expected to vote this week on a bill that would rescind the Consumers Financial Protection Bureau’s guidance on dealer participation and add a few more steps in to its guidance-writing activities. The House is expected to vote on H.R. 1737, which the House Financial Services Committee ... Read More »
Read More →