Archive | Auto Industry News

DataCube Integrates With DealerTrack’s DMS

SWEDESBORO, N.J. — The DataCube, a division of Dominion Dealer Solutions, has formed a partnership with software provider DealerTrack, and created the integrated solution OpenTrack software, which interfaces with the DealerTrack Dealer Management System (DMS). Using its OpenTrack integration solution, DealerTrack will provide The DataCube with seamless, secure integration and real-time, bi-directional access to data … Read More »

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U.S. Car Czar Bloom Predicts GM IPO in Late 2010

Washington – The Obama administration’s top auto adviser expects General Motors Co. to hold a stock offering by the end of 2010. But car czar Ron Bloom said Chrysler Group LLC’s public offering is still farther away, reported The Detroit News. In an interview this week, Bloom also reflected on why the administration succeeded in … Read More »

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Protective Selects Ristken as F&I Menu Provider for Auto Dealerships

DALLAS – The Asset Protection Division of Protective Life has chosen Ristken Software Services and its automotive menu software to support the dealership F&I departments Protective serves. Protective provides underwriting, administering and marketing products including extended service contracts, GAP coverage and credit insurance to automobile dealers. Ristken provides menu solutions for the retail automotive marketplace. … Read More »

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Toyota Recall Leaves Dealers Scrambling

Toyota retailers were caught off guard by a decision to recall 3.8 million vehicles linked to incidents of sudden acceleration. Toyota Motor Sales U.S.A. Inc. told dealers of the campaign today – after it was announced to the public. The timing has led to some confusion, according to reports by Ward’s Dealer Business. “We haven’t … Read More »

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GM Returns $140M to Federal Government

DETROIT – General Motors Co. is returning $140 million to the federal government — money its suppliers won’t need to tap now that the automaker has emerged from bankruptcy protection, reported the Detroit Free Press. The $140 million is part of $5 billion set aside in April for suppliers to GM and the Chrysler Group … Read More »

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Washington Supreme Court Reinstates $8M Verdict Against Hyundai

OLYMPIA, Wash. – The Washington state Supreme Court today reinstated an $8 million judgment against Hyundai Motor Co. over a car crash that left a man paralyzed, reported Legal Newsline. In its 7-2 ruling Wednesday, the state high court overturned the Washington Court of Appeals, which had rejected a Clark County Superior Court jury’s ruling … Read More »

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