CDK Global announced Monday the upcoming official launch of data integration management and syndication tool, Dealer Data Exchange. Otherwise known as DDX, the solution will roll out in October after several months of testing with nearly 500 dealers. DDX provides a view of the two-way exchange of data between the DMS and third parties and […] [Read More]

Perhaps answering some of the questions industry analysts and Tesla owners had regarding repair services and costs for the luxury electric vehicles, Tesla Motors announced Monday it has chosen to partner with Solera Holdings Inc. Solera’s collision estimating and customer communication platforms are now the sole choice of Tesla Motors for its global certified collision […] [Read More]

NextGear Capital recently completed the sale of $433 million privately placed notes, providing the company with additional capital and operating flexibility to support the rapid growth of its dealer finance business. Officials highlighted this securitization comes less than a year after the NextGear Capital’s inaugural bond issue last November when the company secured a $433 […] [Read More]

On the heels of the roll-out of a compliance tool, F&I Express recently launched ExpressQuote, a new feature added to the company’s cloud-based solution to help F&I managers provide customers with fast, accurate quotes on aftermarket products. The company explained ExpressQuote can connect F&I managers to product and price information from a large network of […] [Read More]

The Harper Government announced a plan to align the country’s emission regulations with the U.S. in an effort to cut down on air pollution from vehicles and gasoline. Environment Minister Leona Aglukkaq made the announcement last week, noting the new standards for on-road vehicles are “part of its (Harper Government) ongoing commitment to improve air […] [Read More]

FactorTrust chief executive officer Greg Rable regularly receives questions from finance companies that are seeking more information about millennials, and for good reason. FactorTrust indicated that millennials — individuals born after 1980 — make up the largest percentage of non-prime auto applicants at 43 percent. “If you look at millennials overall and their position today […] [Read More]

The National Independent Automobile Dealers Association is joining Used Car Week as one of its industry partners, Cherokee Media Group and NIADA announced today. Used Car Week is a series of used vehicle-specific conferences held each November and produced by CMG. Used Car Week 2015 is scheduled for November 16-20 at the Phoenician Resort in […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we launched a new feature to spotlight just a few of the companies on the list. In a Q&A format, we go behind the scenes with some of the leading companies in the used-car space. First up in this series is Brian Geitner, […] [Read More]

Software services provider NOBEL Systems recently announced the launch of RecallBuzz.com, a website designed to help consumers keep up with the ever-growing volume of auto recalls. The RecallBuzz website is powered by VINSmart, another product of NOBEL Systems’ and an authorized National Motor Vehicle Title Information System consumer-access provider, and allows the search of a VIN […] [Read More]

The management team at Corry Auto Dealer’s Exchange, along with nearly 1,000 participants, is counting down the days to the third annual Barber Beast on the Bay — a fundraiser for the Barber National Institute. Corry ADE officials highlighted the main event kicks off on Sept. 12 with an exciting day of activities that includes […] [Read More]