Auto/Mate Dealership Systems, a dealership management system software company, will open a new office in Chandler, Ariz., late in the second quarter. Auto/Mate said its expansion to the West Coast is in response to the rapid growth it has experienced since a planned acquisition by CDK Global fell through in March 2018. Since that announcement, […] [Read More]

Successful applications for vehicle-lease transfers closed 2018 on a positive note, generating the second-highest reading of the year. Swapalease.com reported on Monday that vehicle-lease credit applicants registered a 71.4 percent approval rate in December, representing a rise from the November reading of 68.9 percent. Site officials highlighted December experienced a slightly lower number of applicants […] [Read More]

FICO recently learned its collection of patents grew by five. Federal officials recently awarded five new patents to the Silicon Valley analytic software firm related to fraud, artificial intelligence (AI) and advanced analytics. In total, FICO currently holds 192 U.S. and foreign patents, and the company has 93 pending patent applications. Two of the patents […] [Read More]

Pegasystems’ recent study that found the majority of drivers (63 percent) do not have active extended warranties despite seeing their value prompted the team at GWC Warranty to compile a trio of recommendations to help dealerships and their finance offices turn that trend. The study of more than 1,000 consumers indicated the biggest barriers to […] [Read More]

The Cox Automotive Mobility Group launched a new brand on Sunday called Pivet that will provide a network of end-to-end mobility fleet services. The Pivet network will include both physical locations and mobile vehicle management solutions. The initial flagship hub location will be Manheim Metro Atlanta, which was previously an auto auction. The initial mobile […] [Read More]

The Auto Intel Council (AIC) will be hosting a press conference at this month’s NADA Show 2019 featuring leaders from KAR Auction Services, MBSi Corp. and Maryann Keller & Associates. The press conference is scheduled for 1 p.m. (PT) on Jan. 25 in room 102 South at the Moscone Center in San Francisco.  After a […] [Read More]

Agero Inc., a provider of software-enabled driver assistance services for automotive manufacturers and insurance providers, appointed Bill Gerraughty as chief financial officer, responsible for all finance and facilities functions. Gerraughty’s addition follows the December announcement of new chief operations officer George Horvat. Reporting to chief executive officer Dave Ferrick, Gerraughty will oversee Agero’s financial strategy. As […] [Read More]

The National Auto Auction Association said Friday it has promoted Tricia Heon to the new position of chief operating officer. She has served as legislative director and operations manager for eight years. The transition was effective as of Jan. 1. The association also elected Julie Picard vice president for the 2018-2019 term, and she will […] [Read More]

According to a HomeNet Automotive research study, 83 percent of dealers believe they can increase turns if they improve online merchandising, but only 10 percent thought their online presence was highly differentiated. In response, the newest inventory merchandising tool from HomeNet is designed to respond to how much dealerships — and their potential customers — […] [Read More]

Matt Gibson, vice president of reinsurance sales for Protective Asset Protection, joined Nick to discuss one of the more complicated subjects ever broached on the Auto Remarketing Podcast. Gibson explained the potential ramifications on dealerships’ F&I profit stemming from initial decisions associated with passive foreign income in connection with non-controlled foreign corporations (NCFCs). It has all […] [Read More]