Archive | Auto Industry News

BB&T Switches Back to Markups as CFPB Shifts Away From Enforcement

GREENSBORO, N.C. — Nearly three years after switching to a flat-fee compensation model in response to the Consumer Financial Protection Bureau (CFPB)’s targeting of dealer participation, BB&T Dealer Financial Services announced to its dealers it will officially return to a dealer spread compensation plan on ... Read More »

Posted in Auto Industry News Comments Off on BB&T Switches Back to Markups as CFPB Shifts Away From Enforcement

Autosoft Partners With NIADA

ARLINGTON, Texas — DMS provider Autosoft has joined with the National Independent Automobile Dealers Association as a “Bronze”-level national corporate partner. NIADA members can now take advantage of special pricing on Autosoft’s sales and F&I module with inventory management or the full DMS option, which ... Read More »

Posted in Auto Industry News Comments Off on Autosoft Partners With NIADA

ADG EasyCare Adds Yelverton to F&I Specialist Roster

NORCROSS, Ga. — ADG EasyCare announced that Richard Yelverton has been hired as an F&I specialist. He is based in Northern Virginia and tasked with supporting EasyCare’s dealer clients by providing in-dealership F&I training and consulting and sitting in for F&I professionals. “As our operation grows ... Read More » Tags: ,

Posted in Auto Industry News Comments Off on ADG EasyCare Adds Yelverton to F&I Specialist Roster

SmartAuction Adds Off-Lease Nissan, Infiniti Units

DETROIT — Ally’s SmartAuction today announced that it has entered into an agreement with Nissan Motor Acceptance Corporation (NMAC) and Infiniti Financial Services (IFS) to list off-lease Nissan and Infiniti vehicles for sale on its online wholesale auction platform. “We’re thrilled to work with NMAC ... Read More »

Posted in Auto Industry News Comments Off on SmartAuction Adds Off-Lease Nissan, Infiniti Units

Hyundai, Acura Take Top Honors in KBB’s ‘5-Year Cost to Own’ Awards

IRVINE, Calif. — Five General Motors vehicles from the 2018 model year made Kelley Blue Book’s “2018 5-Year Cost to Own” list, while four Toyota and Lexus vehicle made the vehicle information site’s annual list. The firm named Hyundai as the brand with the lowest ... Read More »

Posted in Auto Industry News Comments Off on Hyundai, Acura Take Top Honors in KBB’s ‘5-Year Cost to Own’ Awards

Black Book: Start of Tax Seasons Brings Low Depreciation, Strong Auction Sales

LAWRENCEVILLE, Ga. — Stronger sales at auction thanks to the start of tax season resulted in some of the lowest depreciation seen this year, according to Black Book’s Feb. 5 Market Insights Report. Overall, car segment values declined 0.34% last week, nearly half as much as ... Read More »

Posted in Auto Industry News Comments Off on Black Book: Start of Tax Seasons Brings Low Depreciation, Strong Auction Sales

Page 30 of 814« First...1020...2829303132...405060...Last »