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A survey of U.S. dealers by Equifax finds the majority of respondents grasp the importance of digital sales and F&I but few are realizing the benefits of...
https://www.autodealertodaymagazine.com/357301/study-dealers-struggle-to-provide-digital-solutions-consumers-demandChris Gugliotta, a former executive with Dealer.com and Lithia Motors, has joined the startup as head of strategic partnerships. He will be responsible for...
https://www.autodealertodaymagazine.com/350959/drive-motors-adds-former-dealer-com-exec-to-leadership-team
The software solution provider today announced its rebranding and the release of a new remote sales tool designed to handle an entire deal electronically.
https://www.autodealertodaymagazine.com/350972/visionmenu-becomes-vision-dealer-solutions
CDK Global announced on Tuesday that AutoFi has agreed to consume digital retailing APIs from the Fortellis Automotive Consumer Exchange Platform. Equifax,...
https://www.autodealertodaymagazine.com/351024/cdk-global-adds-autofi-new-integrations-to-fortellis-commerce-exchange
Industry Summit’s annual ‘From the Boardroom’ session will feature executives from F&I product providers and software firms, who will tackle the big...
https://www.autodealertodaymagazine.com/324070/industry-summit-panel-to-examine-industrys-digital-transformation
Alex Mallman, who most recently served as president and CEO of Mercedes-Benz Auto Finance China, replaces AutoGravity’s co-founder and CEO Andy Hinrichs,...
https://www.autodealertodaymagazine.com/324064/autogravity-names-new-ceo-ctoThe deal was first reported on Sunday by The Banks Report, which described the pending acquisition as checking off 'several boxes for CDK while filling a...
https://www.autodealertodaymagazine.com/324057/cdk-global-to-acquire-elead1one
McGeorge Toyota is the latest dealership operation to add Roadster’s Express Storefront digital retailing platform. The dealership refers to its new website...
https://www.autodealertodaymagazine.com/324054/virginia-dealer-rolls-out-roadsters-online-car-buying-platform
The startup’s war chest now totals $30 million after securing $15 million in new funding. The announcement comes on the heels of two other major...
https://www.autodealertodaymagazine.com/324018/updated-roadster-secures-new-funding-announces-new-ties-with-lithia-lexusBryan Klann’s appointment bolsters DealerSocket’s leadership team and provides the firm’s sales and marketing team with a more than 20-year software...
https://www.autodealertodaymagazine.com/324013/dealersocket-names-bryan-klann-chief-revenue-officer
EFG Companies CEO John Pappanastos said digital buying habits, millennial and Gen Z consumers, and women are forcing industry change dealers must embrace.
https://www.autodealertodaymagazine.com/324001/efg-companies-dealers-must-embrace-industry-paradigm-shift
SpringStack is an end-to-end auto finance platform designed to power a direct-to-consumer online experience for banks and other finance sources. It supports...
https://www.autodealertodaymagazine.com/323983/springboardauto-to-power-online-financing-experience-for-banksThe turnkey, ecommerce solution allows dealers to present options for service contracts, tire-and-wheel, GAP, and many other F&I products during or after...
https://www.autodealertodaymagazine.com/323954/ote-releases-ecommerce-solution-for-selling-fi-products-online
Lauren Wolfe, a more than 15-year digital-marketing specialist, will spearhead growth on the West Coast as the digital retailing provider’s new senior...
https://www.autodealertodaymagazine.com/323953/drive-motors-hires-new-senior-director-of-consumer-experience
Adding LendingTree's capabilities to the Autotrader and Kelley Blue Book sites allow car buyers to research, shop and secure financing on a vehicle all in...
https://www.autodealertodaymagazine.com/323951/autotrader-kelley-blue-book-team-with-lendingtreeThe fintech firm’s executive previously served as vice president of product development and engineering at CDK Global. He is now tasked with accelerating...
https://www.autodealertodaymagazine.com/323943/autogravity-names-jason-bonifay-vice-president-of-engineering
NADAguides.com now features J.D. Power's quality, reliability and performance ratings, and reviews. The planned site enhancements occur just eight months...
https://www.autodealertodaymagazine.com/323881/j-d-power-integrates-car-ratings-into-nadaguides-com
MaximTrak aims to redefine the F&I transaction with its new FLITE ENGAGE digital retailing platform. Designed to provide an omnichannel experience, the...
https://www.autodealertodaymagazine.com/323812/routeones-maximtrak-rolls-out-digital-retailing-platform
Zurich continues to enhance its digital presence with the introduction of a co-branded F&I landing page dealers can add to their websites. The new offering,...
https://www.autodealertodaymagazine.com/323809/zurich-to-showcase-fi-online-consumer-education-program-at-nadaOfficials with both companies said the technology convergence resulting from the new alliance will eliminate the need for traditional system-to-system...
https://www.autodealertodaymagazine.com/323803/routeone-ode-alliance-targets-longstanding-fi-challengesZurich North America has joined Dealertrack’s aftermarket network in a move designed to help dealers deliver a ‘more digitized’ experience for car buyers.
https://www.autodealertodaymagazine.com/323800/zurich-joins-dealertrack-network
Automotive finance veterans Joe Peterson and Flory Hunsaker join the tech firm as chief sales officer and regional sales director, respectively. They bring...
https://www.autodealertodaymagazine.com/323761/elend-adds-auto-finance-veterans-to-sales-team
Through the newly forged partnership, indirect financing offers through TD Auto Finance will be made available to qualified buyers using AutoGravity’s...
https://www.autodealertodaymagazine.com/323760/td-auto-finance-joins-autogravity-network
Nissan Motor Acceptance Corp. became the latest captive to join AutoGravity’s digital marketplace. The captive's financing options are currently available...
https://www.autodealertodaymagazine.com/323694/nissan-captive-joins-autogravity-network
Add TagRail to the growing list of companies offering a digital retail platform. The company’s online car-buying tool is designed to close more online...
https://www.autodealertodaymagazine.com/323667/tagrail-launches-digital-retail-platform
Drive Motors’ dealer clients sold almost three times as many cars online on Christmas Day 2017 than they did the same day in 2016 thanks to its digital...
https://www.autodealertodaymagazine.com/323665/drive-motors-digital-retailing-delivers-holidays-sales-gains
Through the newly forged partnership, Chase will deliver financing terms online through the AutoFi Platform. The finance source is the first national bank...
https://www.autodealertodaymagazine.com/323655/chase-joins-autofis-digital-retailing-platform
The fintech firm has added Audi Financial Services to its car-shopping and financing platform, which now allows Audi shoppers to find their chosen vehicle...
https://www.autodealertodaymagazine.com/323643/audi-captive-joins-autogravity-networkRouteOne moved the industry closer to the fully online transaction by executing the first remotely captured, electronic customer signature on an indirect...
https://www.autodealertodaymagazine.com/323612/routeone-processes-industrys-first-remotely-executed-finance-contract
EFG Companies issued its 2018 predictions and recommendations for the retail automotive and powersports F&I markets this week. These insights reflect...
https://www.autodealertodaymagazine.com/323556/efg-companies-2018-to-see-increased-focus-on-fi-service-drive-customer-loyaltyWhile the digital application channel generated significantly higher levels of overall satisfaction in J.D. Power’s 2017 U.S. Consumer Financing...
https://www.autodealertodaymagazine.com/323546/j-d-power-differing-approaches-to-digital-financing-creates-wide-satisfaction-ga
Launched in 2016, AutoGravity rapidly expanded from 100,000 users in its first six months to more than one million users less than a year later, according...
https://www.autodealertodaymagazine.com/323545/autogravitys-car-buying-platform-surpasses-1-million-users
A new survey from Roadster shows that when it comes to millennials, the car business ranks just behind 'politician' and 'tax collector' as occupations...
https://www.autodealertodaymagazine.com/323513/survey-lack-of-tech-has-millennials-avoiding-dealership-jobsThe fintech firm named Chuck Schofield vice president of dealer sales. The new executive previously served as a regional senior manager for Mercedes–Benz...
https://www.autodealertodaymagazine.com/323497/autogravity-expands-dealer-development-teamFastlane offers dealers an Amazon-like checkout process for consumers who want to buy their car online. It has chosen Market Scan to provide its ecommerce...
https://www.autodealertodaymagazine.com/323489/fastlane-chooses-market-scan-as-data-partner
Founded by Jim Landy and other auto finance veterans, the digital retailing company is looking to revolutionize the automotive fintech space behind a set of...
https://www.autodealertodaymagazine.com/323458/springboardauto-expands-operation-to-22-states
More than 750,000 car buyers have downloaded the AutoGravity app, pushing the company past $1 billion in total finance amount requested.
https://www.autodealertodaymagazine.com/323454/autogravity-hits-1-billion-markSponsored by F&I Express, the awards program is designed to honor companies and individuals driving innovation in the digital F&I space.
https://www.autodealertodaymagazine.com/323432/autogravity-wins-top-prize-in-fi-digital-media-awards
Fair was founded last year by former TrueCar CEO Scott Painter and auto finance legend Georg Bauer. Today, the company launched its car-buying app, which...
https://www.autodealertodaymagazine.com/323405/scott-painters-fair-launches-in-los-angeles
DealerSocket CEO Jonathan Ord is stepping into a new role within the company he co-founded in 2001. Replacing him as president and CEO is Sejal Pietrzak
https://www.autodealertodaymagazine.com/323400/dealersocket-hires-new-president-and-ceo
The new website widget calculates and displays six different payments to vehicle shoppers in under three seconds, according to company officials. It is...
https://www.autodealertodaymagazine.com/323387/pearl-technology-releases-dynamic-payment-calculation-widget-for-dealer-websites
Roadster is on the move. The startup has secured $7.25 million in additional funding and added the largest Toyota dealership in the world to its digital...
https://www.autodealertodaymagazine.com/323382/roadster-adds-southern-californias-longo-toyota
The digital retailing solution provider will use its new funding to expand its dealership network and develop more features to streamline the car-ownership...
https://www.autodealertodaymagazine.com/323340/drive-motors-raises-5-2-million-in-seed-fundingPowered by The Work Number from Equifax Workforce Solutions, the firm’s new Income PreCheck product is designed to improve the consumer experience by making...
https://www.autodealertodaymagazine.com/323332/700credit-rolls-out-instant-income-and-employment-verification-solution
Cox Automotive’s Jason Barrie, who has helped drive Dealertrack’s evolution from credit application portal to an enabler of sales and F&I workflow since...
https://www.autodealertodaymagazine.com/323283/industry-summit-2017-cox-automotive-exec-to-delve-into-fis-future
With its announced investment, Volkswagen’s captive finance company joins the automotive fintech firm’s mobile car shopping and financing platform. VW...
https://www.autodealertodaymagazine.com/323273/vw-credit-invests-in-autogravity
Attorney and Mosaic Compliance Services cofounder Jim Ganther will deliver a featured presentation on Easy-to-Implement Processes and Controls at Compliance...
https://www.autodealertodaymagazine.com/323262/ganther-to-serve-as-featured-speaker-at-dallas-compliance-summitThe new ebook was developed to guide auto dealers through the process of turning managers and employees in various departments into one cohesive, productive...
https://www.autodealertodaymagazine.com/323253/auto-mate-releases-the-auto-dealers-guide-to-team-building-ebook
The pre-owned dealer group’s online prequalification portal played a key role in its captive finance company's 7% increase in first-quarter originations....
https://www.autodealertodaymagazine.com/323251/carmax-looks-to-expand-digital-retailing-push
The Academy’s Tony Dupaquier will serve as emcee of F&I Think Tank, organizers announced this week. The trainer and F&I futurist will be responsible for...
https://www.autodealertodaymagazine.com/323242/fi-futurist-tony-dupaquier-joins-fi-think-tank-roster