WEST MIDDLESEX, Penn. – Autosoft, Inc., a leading national dealer management systems (DMS) provider, announced that StoneEagle has completed the certification process for integration with the FLEX DMS as part of Autosoft’s FLEX Connect program. StoneEagle offers fully supported web-based applications that help dealers manage performance, accountability and production across their F&I and service operations. ... Read More »
Read More →SCOTTSDALE, Ariz. – CNA National Warranty Corporation (CNAN) has been selected as a finalist in the 2015 Better Business Bureau Business Ethics Awards, sponsored by the BBB of Central, Northern and Western Arizona. “We are honored to be a finalist for this distinguished award,” says Joe Becker, president and CEO. “Since its founding in 1982, ... Read More »
Read More →HOUSTON – With an extensive career in diverse areas of the automotive industry, Lewis Kuhl brings a high level of expertise as the Senior Counsel and Director of Regulatory Compliance for GSFSGroup. He has responsibility for ensuring that the F&I products and each company are in compliance with the laws and regulations of each state ... Read More »
Read More →Volkswagen stuck to its guidance for operating profit after posting record earnings last year on double-digit gains in sales of luxury Audi and Porsche models, reported Reuters. Europe’s largest carmaker said on Friday the group operating margin could come in a range between 5.5 percent and 6.5 percent, same as last year’s projection. Operating profit ... Read More »
Read More →Washington — A group of House Democrats is reintroducing sweeping auto safety reform legislation a year after General Motors Co. recalled 2.6 million vehicles now linked to at least 57 deaths, reported The Detroit News. Rep. Jan Schakowsky, D-Ill., is reintroducing a measure that would dramatically hike the National Highway Traffic Safety Administration’s auto safety ... Read More »
Read More →Fiat Chrysler Automobiles said on Friday it will recall about 467,500 SUVs worldwide in order to fix a fuel-pump issue that could cause the engine to either stall or not start, reported Reuters. The U.S. arm of Fiat Chrysler said it wasn’t aware of any crashes or injuries linked to this issue. The vehicles affected ... Read More »
Read More →WASHINGTON, D.C. — Santander Consumer USA Inc. has agreed to pay at least $9.35 million to resolve a lawsuit filed by the U.S. Department of Justice (DOJ), which charged the auto finance source of violating the Servicemembers Civil Relief Act (SCRA). The complaint and the settlement, which is subject to court approval, were filed on ... Read More »
Read More →MONTGOMERY, Ala. — A county circuit judge has granted Alabama Attorney General Luther Strange a temporary restraining order against of Quality Used Cars and its associate Preowned Automotive, as well as permission to seize the dealer’s property. The dealerships have been owned and operated by Clayton and Connie Reeves since 2009. The Attorney General’s lawsuit ... Read More »
Read More →CHICAGO — The millennial generation is the fastest-growing segment of auto loan consumers, according to TransUnion’s latest auto report. Millennials — consumers born in 1981 or after — represented 27% of total auto loan originations in 2014, up from 16% of total originations in 2009. Millennials’ total outstanding auto balances have increased 23% in the ... Read More »
Read More →LAKE SUCCESS, N.Y. — Dealertrack Technologies has introduced its new Inventory+ Mobile app, an innovative and comprehensive inventory management solution that delivers a 3600 view of data insight and analytics with rich mobile and workflow capabilities for dealers. The app replaces Dealertrack’s existing TrueTarget Mobile app, and features upgraded functionality and design. In addition to ... Read More »
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