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Categories: Dealer Ops, Digital, F&I

A new partnership between Darwin Automotive and RouteOne was designed to connect dealers with online car shoppers without compromising F&I production.

https://www.fi-magazine.com/323795/darwin-partners-with-routeone
Categories: F&I

United Development Systems has launched UDS Diamond Finish, a new environmental protection program for franchised auto dealers.

https://www.fi-magazine.com/323798/uds-launches-diamond-finish-environmental-protection
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.fi-magazine.com/323800/zurich-joins-dealertrack-network
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.fi-magazine.com/323803/routeone-ode-alliance-targets-longstanding-fi-challenges
Categories: Dealer Ops, Digital, F&I, Showroom, Training

The acquisition adds a new online appraisal tool to AutoLoop’s suite of dealership sales and service solutions.

https://www.fi-magazine.com/323807/autoloop-acquires-trade-in-valet
Categories: Dealer Ops, Digital, F&I

DealerSocket has announced improvements related to CRM, sales, inventory, and pricing to coincide with this week’s NADA convention.

https://www.fi-magazine.com/323808/dealersocket-to-display-enhanced-auto-retail-tech-at-nada
Categories: Dealer Ops, Digital, F&I

LoJack is showcasing ‘next-generation’ telematics and stolen vehicle recovery technology at the 2018 NADA convention.

https://www.fi-magazine.com/323811/lojack-debuts-next-gen-connected-car-tech
Categories: F&I

Twenty-five-year industry veteran Rick Malone has joined AAGI as Southeast regional vice president.

https://www.fi-magazine.com/323814/malone-joins-aagi-as-southeast-vp
Categories: Dealer Ops, Digital, F&I, Showroom, Training

AutoLoop’s latest NADA-timed launch was designed to accelerate trade cycles and simplify the process.

https://www.fi-magazine.com/323815/autoloop-adds-tradeai-tool
Categories: Dealer Ops, F&I

The American International Automobile Dealers Association presented Chicago auto dealer Mike McGrath with its 2018 David F. Mungenast Sr. Lifetime...

https://www.fi-magazine.com/323824/chicago-dealer-mike-mcgrath-earns-lifetime-achievement-award
Categories: Dealer Ops, Digital, F&I

CDK Global’s Connected Store 2.0 now offers F&I products through a new partnership with Darwin Automotive.

https://www.fi-magazine.com/323825/darwin-to-power-fi-for-cdk-connected-store
Categories: Dealer Ops, Digital, F&I

US Equity Advantage has added a suite electronic enrollment features to its biweekly F&I service.

https://www.fi-magazine.com/323826/usea-adds-esignature-feature
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

It’s not just the wave of off-lease vehicles expected to return to the market this year and next, it’s the type of vehicles returning that could stunt new...

https://www.fi-magazine.com/323830/cox-off-lease-tidal-wave-poses-greatest-risk-to-new-vehicle-sales
Categories: Dealer Ops, F&I

The Dealership Advantage Program is a vehicle merchandising and protection package designed to help dealers present fresher, more appealing inventory and...

https://www.fi-magazine.com/323831/vero-partners-with-allied-solutions-on-new-vsc-program-for-independents
Categories: Auto Finance, Dealer Ops, F&I, Showroom

Last week, car segment values were up 0.26% compared to the 0.01% depreciation the segment experienced the week prior. This added up to the strongest week...

https://www.fi-magazine.com/323832/black-book-car-segment-values-strongest-in-two-years
Categories: Dealer Ops, Digital, F&I

A new partnership between Darwin and ELEAD1ONE promises to help protect F&I production in an increasingly digitized car-buying process.

https://www.fi-magazine.com/323834/darwin-to-power-elead1ones-dealbuilder
Categories: F&I, Showroom, Training

Proactive Dealer Solutions announced a series of new additions to its library of interactive videos for business development center training.

https://www.fi-magazine.com/323836/proactive-updates-bdc-video-training-library
Categories: Dealer Ops, F&I

NCM Associates has acquired ConSept LLC, a merger NCM claims makes it the leading automotive 20 Group provider in North America.

https://www.fi-magazine.com/323839/ncm-adds-to-20-group-roster-with-consept-acquisition
Categories: Auto Finance, Dealer Ops, Digital, F&I

NextGear Capital has introduced ‘Rapid Pay,’ a new feature designed to help dealers initiate the vehicle funding process before the title is received.

https://www.fi-magazine.com/323845/nextgear-offers-expedited-funding-process
Categories: Dealer Ops, Digital, F&I

The third-party audit confirms AUL’s internal controls are in accordance with the selected Institute of Certified Public Accountants’ trust services...

https://www.fi-magazine.com/323849/aul-corp-completes-soc-2-certification
Categories: Dealer Ops, Digital, F&I

AutoGravity has expanded its vehicle financing options for international students through a new partnership with Westbon.

https://www.fi-magazine.com/323850/autogravity-partners-with-westbon
Categories: Auto Finance, Compliance, Dealer Ops, F&I

According to a report in The Wall Street Journal, the review of GAP refunds the bank initiated last year has expanded to other F&I products and services.

https://www.fi-magazine.com/323851/wells-fargo-reviewing-fi-products-as-regulatory-pressure-builds
Categories: Auto Finance, Dealer Ops, F&I

The subprime finance source’s president since April 2007 will retire on June 30, CEO Brett Roberts announced in a recent regulatory filing.

https://www.fi-magazine.com/323856/credit-acceptances-steve-jones-to-retire
Categories: Dealer Ops, F&I

Auto dealers tied for 12th out of 20 industries ranked in the eighth edition of Temkin Group’s Customer Experience Ratings. Ford and Mercedes-Benz dealers...

https://www.fi-magazine.com/323859/toyota-honda-dealers-top-temkins-2018-customer-experience-ratings
Categories: Dealer Ops, Digital, F&I

Zurich North America’s F&I product lineup is now featured on Darwin Automotive’s fintech platform.

https://www.fi-magazine.com/323864/zurich-now-available-on-darwin
Categories: Dealer Ops, F&I

According to a survey of 1,573 dealership owners and professionals, claims adjudication control and product branding are the two leading concerns when it...

https://www.fi-magazine.com/323866/survey-fi-represents-second-largest-opportunity-for-margin-growth
Categories: Dealer Ops, F&I, Fixed Ops

Xtime presented Ferman Volvo Cars of Tarpon Springs, Fla., with its first-ever Customer Experience Excellence Award.

https://www.fi-magazine.com/323867/ferman-volvo-honored-by-xtime
Categories: Dealer Ops, F&I

For the second consecutive year, the National Association of Business Resources named the F&I product provider to its ‘101 Best and Brightest Companies to...

https://www.fi-magazine.com/323868/easycare-earns-three-workplace-recognition-awards
Categories: Dealer Ops, F&I

Smart Business magazines has named National Automotive Experts (NAE)/NWAN among its Smart Culture award honorees for 2018.

https://www.fi-magazine.com/323880/nae-nwan-earns-smart-culture-honors
Categories: F&I, Fixed Ops

A new feature of Fidelis PPM’s preventive maintenance platform was designed to help independent dealers attract more customers and sell more cars.

https://www.fi-magazine.com/323886/fidelis-ppm-adds-remote-auto-repair
Categories: Dealer Ops, Digital, F&I

Black Book’s new inventory recommendation solution was designed to help dealers identify desirable auction units.

https://www.fi-magazine.com/323894/black-book-launches-black-book-cherry
Categories: Dealer Ops, F&I

US Equity Advantage now offers F&I managers bonus income in addition to standard commissions.

https://www.fi-magazine.com/323909/usea-to-pay-bonuses-to-fi-managers
Categories: Dealer Ops, Digital, F&I

Executives said dealers using Dealertrack’s credit app solution will benefit from faster decisions thanks to a new partnership with Megasys.

https://www.fi-magazine.com/323912/megasys-partners-with-dealertrack
Categories: Auto Finance, Dealer Ops, F&I

The Federal Reserve voted unanimously to maintain the target range for the federal funds rate at 1.5% and 1.75%, but it hinted at a possible rate hike in June.

https://www.fi-magazine.com/323913/federal-reserve-keeps-rates-steady
Categories: Auto Finance, Dealer Ops, F&I

When a financed or leased vehicle is in a licensed mechanical or collision repair facility for more than seven days, Charter Warranty’s new program will...

https://www.fi-magazine.com/323914/charter-warranty-introduces-car-payment-reimbursement-program
Categories: Auto Finance, Dealer Ops, F&I

January saw a significant drop in lease originations, as finance sources placed a greater emphasis on loan incentives, according to Equifax. The firm also...

https://www.fi-magazine.com/323916/equifax-finance-sources-pull-back-from-subprime-leasing
Categories: Auto Finance, Compliance, Dealer Ops, F&I

As expected, the House approved the resolution of disapproval of the CFPB's guidance on dealer participation. With the Senate having voted on the resolution...

https://www.fi-magazine.com/323920/house-approves-resolution-to-repeal-cfpbs-dealer-participation-guidance
Categories: F&I

Norman & Company has launched new website extensions designed to help agents and dealers track production and claims.

https://www.fi-magazine.com/323927/classic-launches-production-claims-tracking-platforms
Categories: Dealer Ops, F&I

Salt Lake City-based Larry H. Miller Dealerships has earned an award from Best of State, a program designed to honor Utah’s best companies.

https://www.fi-magazine.com/323928/lhm-wins-best-of-state-award
Categories: Dealer Ops, Digital, F&I

PassTime GPS users can now use Megasys’ origination and servicing platform to set up new accounts and manage assets.

https://www.fi-magazine.com/323930/passtime-and-megasys-complete-integration
Categories: Dealer Ops, Digital, F&I

Compass Intelligence has named Spireon as the industry’s best telematics provider for 2018.

https://www.fi-magazine.com/323936/spireon-named-telematics-company-of-the-year
Categories: Dealer Ops, F&I

Thirty-year industry veteran Don Oliver has joined RoadVantage as senior vice president of operations.

https://www.fi-magazine.com/323937/roadvantage-adds-don-oliver-as-svp
Categories: Dealer Ops, Digital, F&I

RMS Automotive’s new Optimization suite was designed to leverage the combined power of machine learning and Cox Automotive data.

https://www.fi-magazine.com/323938/rms-adds-ai-powered-portfolio-tools
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The president’s signature comes exactly five years and two months after the bureau put the auto finance industry on notice with its controversial guidance...

https://www.fi-magazine.com/323939/trump-signs-repeal-of-cfpbs-dealer-participation-guidance
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.fi-magazine.com/323943/autogravity-names-jason-bonifay-vice-president-of-engineering
Categories: Dealer Ops, F&I

The F&I product provider has added more than 100 years of combined sales and automotive experience with the addition of five new regional sales managers.

https://www.fi-magazine.com/323944/gwc-warranty-adds-to-sales-management-team
Categories: Compliance, Dealer Ops, F&I

The award was handed out by Utah Business magazine during a ceremony at The Grand America Hotel on April 26. Jeff Olsen, the F&I product provider’s in-house...

https://www.fi-magazine.com/323947/alphas-jeff-olsen-honored-with-2018-corporate-counsel-award
Categories: Auto Finance, Dealer Ops, Digital, F&I

Users of Car-Ware’s dealer management solutions can now offer an industry-specific digital payment solution for auto finance transactions.

https://www.fi-magazine.com/323952/car-ware-integrates-billingtree-digital-payment-technology
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.fi-magazine.com/323954/ote-releases-ecommerce-solution-for-selling-fi-products-online
Categories: Auto Finance, Dealer Ops, F&I

Following the announced closing of its acquisition of The Warranty Group, Assurant announced new leaders for its global automotive business.

https://www.fi-magazine.com/323958/assurant-completes-acquisition-of-the-warranty-group


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