Archive | Auto Industry News

NADA: Supply, Incentives Driving Down Retention Rates

MCLEAN, Va. — Through September, retention rates for most model-year 2013 vehicles are down across the board compared to last year, according to NADA Used Car Guide. Larry Dixon, the firm’s director of market intelligence, said increased supply and incentives are the reasons. “We estimate ... Read More » Tags: ,

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Reynolds Acquires Wolters Kluwer’s Indirect Loan Origination Solutions

MINNEAPOLIS — Reynolds and Reynolds Co. completed this week its acquisition of Wolters Kluwer’s indirect loan origination solutions for €32 million — around $36 million — in cash. As part of the acquisition, Reynolds adds Wolters Kluwer’s AppOne software, risk mitigation services and bankers systems. ... Read More » Tags: , , ,

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Mercedes-Benz Captive Now Available on AutoGravity’s Auto Financing App

IRVINE, Calif. — AutoGravity has added Mercedes-Benz Financial Services to its auto financing app, which allows car buyers to search for loan and lease options based on the vehicle they want. The partnership gives AutoGravity users access to Mercedes-Benz Financial Services when purchasing a Mercedes-Benz ... Read More » Tags: , ,

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National Auto Care Named to Auto Remarketing Magazine’s Power 300

WESTERVILLE, OH – Westerville OH-based National Auto Care Corp. announced today that the company has been named to Auto Remarketing Magazine’s Power 300, a list of the most influential companies in the pre-owned automotive industry. The magazine refers to the Power 300 as a “collection ... Read More » Tags: , , ,

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Alpha Warranty Services Releases Claims Tracker

SALT LAKE CITY, Utah — Alpha Warranty Service Inc. (AWS) announced the release of Alpha Claims Tracker, a tool that allows customers, dealers, and agents to easily track their claims in real time. By using the Alpha Claims Tracker, users can view which step of ... Read More » Tags: , , ,

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GSFS Group Launches F&I Performance Reporting Tool

HOUSTON, TX — On Tuesday, F&I product provider GSFS Group launched a new centralized online performance reporting tool for F&I products called Dealer Executive Dashboard. It’s designed to help users update income strategies and improve profitability. The online data solution provides dealers and agents with ... Read More » Tags: , , ,

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