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Categories: Compliance, Dealer Ops, Digital, F&I
Study: Dealers Struggle to Provide Digital Solutions Consumers Demand

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-demand
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

Chris 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
Categories: Auto Finance, Dealer Ops, Digital, F&I
VisionMenu Becomes Vision Dealer Solutions

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
CDK Global Adds AutoFi, New Integrations to Fortellis Commerce Exchange

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
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Showroom, Training
Industry Summit Panel to Examine Industry’s Digital Transformation

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
Categories: Auto Finance, Dealer Ops, Digital, F&I
AutoGravity Names New CEO, CTO

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-cto
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

The 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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Virginia Dealer Rolls Out Roadster's Online Car-Buying Platform

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Updated: Roadster Secures New Funding, Announces New Ties With Lithia, Lexus

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-lexus
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

Bryan 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
Categories: Auto Finance, Compliance, Dealer Ops, F&I
EFG Companies: Dealers Must Embrace Industry Paradigm Shift

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
Categories: Auto Finance, Dealer Ops, Digital, F&I
SpringboardAuto to Power Online Financing Experience for Banks

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-banks
Categories: Dealer Ops, Digital, F&I

The 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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Drive Motors Hires New Senior Director of Consumer Experience

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
Categories: Dealer Ops, F&I
Autotrader, Kelley Blue Book Team With LendingTree

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-lendingtree
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

The 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
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
J.D. Power Integrates Car Ratings Into NADAguides.com

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
RouteOne’s MaximTrak Rolls Out Digital Retailing Platform

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
Categories: Auto Finance, Dealer Ops, F&I
Zurich to Showcase F&I Online Consumer Education Program at NADA

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-nada
Categories: Auto Finance, Dealer Ops, Digital, F&I

Officials 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-challenges
Categories: Dealer Ops, Digital, F&I

Zurich 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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
eLEND Adds Auto Finance Veterans to Sales Team

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
TD Auto Finance Joins AutoGravity Network

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Nissan Captive 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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
TagRail Launches Digital Retail Platform

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
Categories: Auto Finance, Dealer Ops, Digital, F&I
Drive Motors: Digital Retailing Delivers Holidays Sales Gains

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
Categories: Auto Finance, Dealer Ops, Digital, F&I
Chase Joins AutoFi’s Digital Retailing Platform

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Audi Captive Joins AutoGravity Network

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-network
Categories: Auto Finance, Dealer Ops, Digital, F&I

RouteOne 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
Categories: Auto Finance, Dealer Ops, F&I
EFG Companies: 2018 to See Increased Focus on F&I, Service Drive, Customer Loyalty

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-loyalty
Categories: Auto Finance, Dealer Ops, F&I

While 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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
AutoGravity’s Car-Buying Platform Surpasses 1 Million Users

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
Categories: Dealer Ops, Digital, F&I
Survey: Lack of Tech Has Millennials Avoiding Dealership Jobs

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-jobs
Categories: Auto Finance, Dealer Ops, Digital, F&I

The 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-team
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

Fastlane 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
Categories: Auto Finance, Dealer Ops, Digital, F&I
SpringboardAuto Expands Operation to 22 States

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
Categories: Dealer Ops, Digital, F&I, Showroom, Training
AutoGravity Hits $1 Billion Mark

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-mark
Categories: Auto Finance, Dealer Ops, Digital, F&I

Sponsored 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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Scott Painter’s Fair Launches in Los Angeles

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
DealerSocket Hires New President and CEO

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Pearl Technology Releases Dynamic Payment Calculation Widget for Dealer Websites

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Roadster Adds Southern California’s Longo Toyota

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Drive Motors Raises $5.2 Million in Seed Funding

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-funding
Categories: Auto Finance, Dealer Ops, Digital, F&I

Powered 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
Categories: Dealer Ops, Digital, F&I, Showroom, Training
Industry Summit 2017: Cox Automotive Exec to Delve Into F&I’s Future

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
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
VW Credit Invests in AutoGravity

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
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Showroom, Training
Ganther to Serve as Featured Speaker at Dallas Compliance Summit

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-summit
Categories: Dealer Ops, Digital, F&I, Showroom, Training

The 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
Categories: Auto Finance, Dealer Ops, Digital, F&I
CarMax Looks to Expand Digital Retailing Push

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
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Fixed Ops, Showroom, Training
F&I Futurist Tony Dupaquier Joins F&I Think Tank Roster

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


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