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Categories: Digital, Industry, Showroom
Genesis Unveils Virtual Showroom

Genesis officially launched its new, web-based 3D configurator and Instagram Stories configurator, both targeted to car buyers shopping from home.

https://www.autodealertodaymagazine.com/354144/genesis-unveils-virtual-showroom
Categories: Dealer Ops, Product & Technology, Showroom
PermaPlate/Siskin Enterprises Launches PermaPlate Film Company

David Jorgensen announced as co-owner and President of new division.

https://www.autodealertodaymagazine.com/361102/permaplate-siskin-enterprises-launches-permaplate-film-company
Categories: Auto Finance, Dealer Ops, Showroom, Training
Autotrader Names 10 Best Non-Luxury and Luxury CPO Programs

Topping Autotrader’s 2018 lists of non-luxury and luxury CPO programs were Hyundai and Lexus, respectively. Both offer unrivaled warranty coverages, along...

https://www.fi-magazine.com/323942/autotrader-names-10-best-non-luxury-and-luxury-cpo-programs
Categories: Fixed Ops, Showroom
NextGear Capital Introduces New Floor Plan Program

Flex Pricing gives dealers greater cash flow to invest back into their business.

https://www.fi-magazine.com/364502/nextgear-capital-introduces-industry-leading-floor-plan-program
Categories: Dealer Ops, Industry, Showroom
NADA Announces NADA Show 2021 Moves to Fully Virtual Experience

Originally slated to be held in New Orleans in January, NADA Show 2021 will now be held from Tuesday, Feb. 9, through Thursday, Feb. 11.

http://www.providers-administrators.com/363104/nada-announces-nada-show-2021-moves-to-fully-virtual-experience
Categories: Auto Finance, Compliance, Dealer Ops, Showroom, Training
NADA Chairman Outlines Goals, Focus Areas for 2018

Michigan dealer Wes Lutz outlined his chief concerns as the new chairman of the National Automotive Dealers Association.

https://www.autodealertodaymagazine.com/323822/nada-chairman-outlines-goals-focus-areas-for-2018
Categories: Fixed Ops, Showroom
White Joins PAR North America as SVP

Stacey White has been named senior vice president of PAR North America’s remarketing services division.

https://www.autodealertodaymagazine.com/355574/white-joins-par-north-america-as-svp
Categories: Auto Finance, Dealer Ops, Showroom, Training
J.D. Power/LMC: Record Incentive Spending Keeps April Sales on Pace With a Year Ago

April retail sales are expected to reach 1.17 million thanks to record incentive spending. However, average days to turn continues to rise, with nearly 30%...

https://www.fi-magazine.com/323112/j-d-power-lmc-record-incentive-spending-keeps-april-sales-on-pace-with-a-year-ag
Categories: Dealer Ops, Digital, Industry, Showroom
Volvo Adds Dealer Inventory to Subscription Program

Volvo dealers will soon be allowed to pull new vehicles off their lots and into the Care by Volvo sub service, a significant change that leads a list of...

https://www.fi-magazine.com/358011/volvo-adds-dealer-inventory-to-subscription-program
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Autotrader today released its list of the Top 8 certified pre-owned programs for the holiday season. According to the company, these certified pre-owned...

https://www.fi-magazine.com/322793/autotrader-announces-top-8-cpo-programs-for-december
Categories: Auto Finance, Dealer Ops, Fixed Ops, Industry, Sales, Showroom
Market Insights Report

Black Book recently published an update to their weekly Market Insights report.

https://www.agent-entrepreneur.com/364029/market-insights-report
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: Dealer Ops, Industry, Showroom
SAAR Returns to 17M on Stronger May Sales

U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small...

http://www.providers-administrators.com/357035/saar-returns-to-17m-on-stronger-may-sales
Categories: Dealer Ops, F&I, Opinion, Showroom, Training
Report: Customers Want to Buy Insurance at the Dealership

A new DealerPolicy study finds 83% of customers would buy auto insurance as part of their car-buying process — but only 9% were given the opportunity.

https://www.autodealertodaymagazine.com/358213/report-customers-want-to-buy-insurance-at-the-dealership
Categories: Dealer Ops, Showroom
Dealers Clean Up After Hurricane Hits

Hurricane Ida damages vehicles at New Jersey and Louisiana dealerships. 

https://www.autodealertodaymagazine.com/365871/dealers-clean-up-after-hurricane-hits
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Wholesale used vehicle prices on a mix-, mileage-, and seasonally adjusted basis declined 1% in November, according to Manheim’s Used Vehicle Value Index...

https://www.fi-magazine.com/322786/channel-stuffing-incentives-responsible-for-slip-in-manheim-index
Categories: Dealer Ops, Industry, Showroom
TradeRev’s MOVE METAL® Guarantee Provides Fast and Convenient Vehicle Delivery

Any vehicle purchased on TradeRev in the U.S. within 300 miles of the buying dealer will be delivered in three-days or less—Guaranteed.

https://www.agent-entrepreneur.com/363171/traderevs-move-metal-guarantee-provides-fast-and-convenient-vehicle-delivery
Categories: Compliance, Dealer Ops, Digital, Showroom, Training

This week, the Supreme Judicial Court of Massachusetts upheld a lower court’s ruling that dealers did not have grounds to challenge Tesla Motors’ ability to...

https://www.autodealertodaymagazine.com/321173/mass-high-court-rules-in-favor-of-tesla
Categories: Dealer Ops, Product & Technology, Showroom
Ceramiseal Launches Nationwide, Helps Auto Dealers Gain Additional Profit Per Policy

Ceramiseal’s paint and fabric protection combines ceramic and nano diamond technologies to provide protection inside and out, backed by science, to keep...

http://www.providers-administrators.com/363333/ceramiseal-launches-nationwide-helps-auto-dealers-gain-additional-profit-per-pol
Categories: Dealer Ops, Industry, Sales, Showroom
Toyota Crowned Auto Sales Leader

Toyota sold 2.332 million vehicles in the U.S. in 2021, compared to 2.218 million vehicles for General Motors.

https://www.fi-magazine.com/366845/toyota-crowned-auto-sales-leader
Categories: Fixed Ops, Showroom
myKaarma Collaborates with Axalta and Auto Dealer Body Shops for ProfitNet Management System Integration

New integration with ProfitNet, Axalta’s Collision Shop Management System, enables near-instantaneous communication between body shops and their customers.

https://www.autodealertodaymagazine.com/363175/mykaarma-collaborates-with-axalta-and-auto-dealer-body-shops-for-profitnet-manag
Categories: Fixed Ops, Product & Technology, Showroom
New Xtime End-to-End Service Experience Platform Capabilities Help Drive Owner Loyalty, Grow Fixed-Ops Revenue

Xtime is showcasing a series of new products and enhancements at NADA 2020 to improve customer engagement.

https://www.agent-entrepreneur.com/360179/new-xtime-end-to-end-service-experience-platform-capabilities-help-drive-owner-l
Categories: Dealer Ops, Showroom, Training
Manheim: Used-Car Reports Signal Stability

Despite declining wholesale values in March, first-quarter pricing for used vehicles showed a year-over-year increase from the first quarter of 2016.

https://www.autodealertodaymagazine.com/323077/manheim-used-car-reports-signal-stability
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Showroom, Training
Light Vehicle Sales Rebounding in Late February, JD Power and LMC Report

Early returns for the month of February show sales of light vehicles rebounding after being hampered by severe weather disruptions in much of the United States.

https://www.fi-magazine.com/320774/light-vehicle-sales-rebounding-in-late-february-jd-power-and-lmc-report
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Longtime California dealer Joe Boccalero passed away on Nov. 27 at the age of 92. He served as the former president of Domenich Basso Inc. and operated a...

https://www.fi-magazine.com/320575/dealer-joe-boccalero-passes-away
Categories: Dealer Ops, Industry, Showroom
2020 NADA Workshop Recordings

NADA brings the best of the annual NADA and ATD Shows directly to your dealership with on­-demand recordings of all 2020 Show workshop session presentations.

https://www.fi-magazine.com/360899/2020-nada-workshop-recordings
Categories: Dealer Ops, Industry, Showroom
GM Again Shutters Truck Assembly Plants Amid Chip Shortage

The company will idle plants in Flint, Michigan; Fort Wayne, Indiana; and Silao, Mexico, just one week after the plants resumed production after an earlier...

https://www.agent-entrepreneur.com/365605/gm-again-shutters-truck-assembly-plants-amid-chip-shortage
Categories: Compliance, Industry, Showroom
Let’s Talk Politics: A 5-Step Survival Guide For Dealerships During The 2020 Election Season

The presidential election cycle will create unique concerns for dealerships dealing with employees who wish to discuss politics at work, especially given...

https://www.autodealertodaymagazine.com/363186/lets-talk-politics-a-5-step-survival-guide-for-dealerships-during-the-2020-elect
Categories: Dealer Ops, Digital, Industry, Showroom
Manheim Adds Dealer Concierge Service

Manheim Express Concierge was designed to deploy digital wholesaling specialists in dealerships nationwide, offering hands-on instruction, options, and advice.

https://www.agent-entrepreneur.com/356096/manheim-adds-dealer-concierge-service
Categories: Dealer Ops, Digital, F&I, Showroom, Training
Authenticom Granted Preliminary Injunction in CDK, Reynolds Lawsuit

A federal judge has granted Authenticom’s request for a preliminary injunction against business practices at the heart of the company’s antitrust lawsuit...

https://www.fi-magazine.com/323304/authenticom-granted-preliminary-injunction-in-cdk-reynolds-lawsuit
Categories: Dealer Ops, Showroom, Training

Wilen has launched a new division offering direct mail services to auto dealers and manufacturers.

https://www.fi-magazine.com/322993/wilen-direct-launches-wilen-auto
Categories: Dealer Ops, Industry, Showroom
KAR Names Kelly President

Peter Kelly has been promoted to the newly created role of president at KAR Auction Services, the company he joined through the 2011 acquisition of OPENLANE.

http://www.providers-administrators.com/355467/kar-names-kelly-president
Categories: Dealer Ops, Industry, Showroom
Chip Shortage: Biden Administration Reports Relief On Its Way

Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.

http://www.providers-administrators.com/365485/chip-shortage-biden-administration-reports-relief-on-its-way
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

The average price of a used vehicle for model years 2011-2015 depreciated 2.9% in October, a noticeable change from September's 2.3% depreciation rate,...

https://www.autodealertodaymagazine.com/322716/black-book-small-cars-falter-small-pickups-prosper-in-october
Categories: Dealer Ops, Showroom, Training
Land Rover Named Best Luxury Brand by ALG

Land Rover notched category wins for the Discovery, Discovery Sport, Range Rover Sport and Range Rover and ‘Best Premium Brand’ honors in the 2018 ALG...

https://www.fi-magazine.com/323577/land-rover-named-best-luxury-brand-by-alg
Categories: Dealer Ops, Digital, Showroom
Manheim Express Integrates With Transportation Provider

Manheim announced the integration of the Ready Logistics vehicle transportation ordering platform with the auction provider’s flagship mobile app.

https://www.fi-magazine.com/359807/manheim-express-integrates-with-transportation-provider
Categories: Dealer Ops, F&I, Showroom, Training

IHS reported this week that brand loyalty among automotive brands has reached a 10-year high, with 13 brands also realizing 10-year highs in loyalty rates.

https://www.fi-magazine.com/321764/automotive-loyalty-reaches-highest-levels-in-a-decade-ihs-reports
Categories: Compliance, Dealer Ops, F&I, Showroom, Training

The dealer and state employee were charged with devising a scheme to buy high-mileage vehicles in nearby states, roll back their odometers, and then resell...

https://www.autodealertodaymagazine.com/322333/georgia-dealer-state-employee-arrested-for-odometer-fraud
Categories: Dealer Ops, Showroom
Ford, Mercedes-Benz Top Cox Factory Rankings

BMW, Chevrolet, Ford, Mercedes-Benz, and Toyota were among the big winners in Cox Automotive’s first-ever Retail Brand Scorecards study, for which analysts...

https://www.fi-magazine.com/355670/ford-mercedes-benz-top-cox-factory-rankings
Categories: Fixed Ops, Showroom
AAA: Icy Weather Kills EV Range

AAA researchers found frigid temperatures cut electric-vehicle range by an average of 41% after a series of tests in 20-degree weather.

https://www.fi-magazine.com/355826/aaa-icy-weather-kills-ev-range
Categories: Auto Finance, Dealer Ops, Digital, F&I, Fixed Ops, Showroom, Training

Not only was employee turnover below the rate recorded in the private sector, dealership employees earned 29% more than private-sector workers. The study...

https://www.autodealertodaymagazine.com/321987/nada-employee-salaries-at-new-car-dealerships-rise
Categories: Digital, Product & Technology, Showroom, Training
Report: Car Buyers Prefer Full-Motion Walkarounds

Flick Fusion reports consumer views of full-motion walkaround videos grew at a 20% clip in Q1, outpacing stitched-photo videos and accounting for 18% of all...

https://www.agent-entrepreneur.com/357039/report-car-buyers-prefer-full-motion-walkarounds
Categories: Dealer Ops, F&I, Showroom, Training
The Great A/B Experiment

Google is taking a ‘multi-armed bandit’ approach to A/B experimentation. Expert says dealers can take advantage by rethinking their own website testing...

https://www.fi-magazine.com/310427/the-great-a-b-experiment
Categories: Dealer Ops, Product & Technology, Showroom
Evolution by Dent Wizard Adds PermaSafe to Vehicle Protection Services

Vehicle Disinfection and Sustained Antimicrobial Surface & Air Protection System effective against COVID-19 and other viruses.

https://www.agent-entrepreneur.com/360762/evolution-by-dent-wizard-adds-permasafe-to-vehicle-protection-services
Categories: Dealer Ops, Digital, Opinion, Showroom
Data Mining: The Golden Opportunity You’re Ignoring

Why wait for slow times to mine your database? Expert offers a four-step plan to make data mining a full-time profit center — and all you need is a process...

https://www.fi-magazine.com/359436/data-mining-the-golden-opportunity-youre-ignoring
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

According to a new study from LendingTree, Millennials currently account for about 34% of total auto finance requests in the nation, a 7% increase from...

https://www.fi-magazine.com/322375/auto-financing-gaining-traction-with-millennials-study-shows
Categories: Auto Finance, Dealer Ops, Showroom, Training

Cheap oil prices in recent years have caused consumers to rediscover their love of SUVs, CUVs and trucks. Jumpstart Automotive said today that trend...

https://www.fi-magazine.com/322530/truck-and-few-car-segments-see-growth-in-2016-jumpstart-automotive-reports
Categories: Dealer Ops, Industry, Showroom
Toyota Execs Say Gasoline Will Still Power Most of Its Vehicles Through 2030

The automaker bases this assessment on a belief that electric vehicles will not catch up to gasoline-powered vehicles in terms of cost and convenience by 2030.

https://www.autodealertodaymagazine.com/364749/toyota-execs-say-gasoline-will-still-power-most-its-vehicles-through-2030
Categories: Dealer Ops, Digital, Showroom
JLR Dealers Get Market EyeQ Sales Platform

Nearly 300 Jaguar Land Rover dealers nationwide will onboard automotiveMastermind’s Market EyeQ predictive analytics-powered sales platform this month.

https://www.autodealertodaymagazine.com/357161/jlr-dealers-get-market-eyeq-predictive-analytics-suite
Categories: Dealer Ops, Industry, Showroom
COVID-19 Market Update

Black Book recently published an update to their COVID-19 Market Updates, which includes: current wholesale prices & price trends, used wholesale price...

http://www.providers-administrators.com/361385/covid-19-market-update-1


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