As Texas continues to contend with the ongoing torrential rain and flooding, state and federal financial regulatory agencies along with finance providers are taking steps to offer assistance to customers who have been impacted. Officials from the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit […] [Read More]

Porsche Cars Canada recently announced the opening of Porsche Centre Kelowna, the company’s 18th Porsche Centre in Canada and fourth in British Columbia. Porsche Centre Kelowna has over 22,000 square feet of floor space and features a nine-vehicle showroom, a customer delivery area, a six-bay workshop and a private direct-dialogue service bay, according to Porsche Cars Canada. “The […] [Read More]

Kerrigan Advisors’ newest Blue Sky Report highlighted a notable willingness by dealers to take on minority and majority equity partners along with eight other trends involving buy/sell activity through the first half of 2017, which the firm classified as high. According the report released on Monday, Kerrigan Advisors also expects activity during the second half […] [Read More]

Among dealership service customers who scheduled their appointment online, more than three-fourths (76 percent) said they were apt to go that route again, according to research from Cox Automotive. What’s more, setting up the service visit online creates a path toward a happier customer, says Jim Roche, vice president of marketing and managed services at […] [Read More]

As torrential rain from Hurricane Harvey keeps falling, the National Automobile Dealers Association and Cox Automotive are taking actions in an effort to support member dealerships as well as Manheim facilities and personnel in the region. While dealers like Wyatt Wainwright had to flee rising waters, officials from Manheim are modifying activities near Houston, emphasizing […] [Read More]

LeasePlan USA recently announced that it has expanded its business development team with the appointment of Mike Camnetar as regional vice president. Camnetar most recently served as director of fleet partnerships at Element. In his new role, Camnetar has been tasked with partnering with national and multinational companies and seeking results-driven fleet management solutions in […] [Read More]

Two ServNet member auctions have implemented the Deal Shield buyback guarantee assurance product from Cox Automotive, and two more are set to utilize the program, as well. That’s according to a news release from ServNet, which said BSC America’s Bel Air Auto Auction and Tallahassee Auto Auction have already begun using the DealShield program. Up […] [Read More]

CDK Global announced recently that it has partnered with ActivEngage to create Concierge Chat, a messaging tool built directly into CDK Next Gen Websites. The integration of Concierge Chat with the CDK platform provides customers with a professionally managed chat service fitted with features designed to help to drive qualified sales opportunities, the company said. […] [Read More]

The parade of high-level executive leadership changes at Santander Consumer USA continued on Monday with the resignation of Jason Kulas as president and chief executive officer, effective immediately. According to a news release, succeeding Kulas — who had held the finance company’s CEO role for a little more than two years — is Scott Powell, […] [Read More]

DealerSocket has been approved as a certified digital vendor under the Mazda Digital Certified Program, and now offers franchise and independent dealerships special packages for digital advertising and responsive websites powered by DealerFire. Currently, dealers can choose from three different tiered packages designed to provide various levels of digital support. “Through the new program, Mazda […] [Read More]