The expected regulatory rollback, plateauing sales, rising interest rates, and the push to change the in-dealership experience clouds the F&I industry’s future, EFG Companies said today. Four of the firm's executives offered their predictions for 2017.
Black Book has released a new white paper about the different types of data analytics and how automotive industry professionals are using them.
Outsell formed and convenved its first customer advisory board at the National Automobile Dealers Association (NADA) Convention and Expo. The technology firm also announced the launch of several new digital marketing tools.
Sixty percent of respondents to the technology provider’s dealer survey indicated that they are not considering using tablets in either their sales or F&I departments. Aside from resistance to change, respondents cited cost and an undefined ROI as reasons for not using mobile tablets.
Carfax's Snapshot Tool is now available to dealers on the DealerSocket website platform. The feature puts key vehicle history details for specific vehicles on search results pages and VDPs
The integration has resulted in a new upgrade for VinSolutions Connect Desking tool. Called Rates & Residuals, the new feature allows users to structure deals for new and pre-owned vehicles by accessing incentives, rates, and captive and noncaptive lending programs within VinSolutions.
The information services firm announced that John DeMarco has joined the company as senior vice president of automotive sales. He brings 27 years of leadership experience, having held a number of senior leadership roles at firms like CDK Global and Ford Motor Co.
Industry Summit moves to Dallas in September for its biggest annual event yet. It is scheduled for Sept. 11–14, 2017, at the Gaylord Texan in Grapevine, Texas.
LotSmart by LoJack offers automotive dealerships detailed information about the status of their inventory. The telematics solution also offers a seamless sell-through option for dealers to grow incremental revenue by offering SureDrive to consumers who want a comprehensive aftermarket connected-car solution.
After a record December capped off a record year for new-vehicle sales, January appears to be enduring a hangover effect, the vehicle information site said. It expects sales to decline 3% from a year ago to 1.13 million units.
The new technology allows users of RouteOne's econtracting solution to send their customers a secure link to access their deal files. Buyers can review the documents in the dealership on their own smartphone or tablet, or they can log in at home to review, save or print them for later reference.
Kelley Blue Book has released the winners of the Best Resale Value Awards for the 2017 model-year. Top honorees include vehicles produced by Toyota, Porsche and General Motors.
AutoGravity's smartphone-based auto finance platform is now available to car buyers in 46 states, the company announced this week.
Launched in 2016, the portal acts as a cross-channel, integrated platform that applies ‘customer-centric principles’ to the dealer staff experience, officials said. Usage is role based, personalized and mobile friendly.
The vehicle information site expects new-vehicle sales to total 1.15 million units in January, a 31.5% decrease from December and a 0.7% decrease from January 2016.
