Black Book tapped a former SunTrust Bank executive today to be its new vice president of lender solutions. Joining the company and bringing 20 years of automotive finance industry experience is Barrett Teague, who will be responsible for overseeing strategic operations to help Black Book’s automotive finance company clients leverage vehicle data and collateral analytics […] [Read More]

Dealertrack Technologies announced Wednesday that it added enhancements to CentralDispatch, its Web-based transportation marketplace, to improve shipping efficiencies and make more profitable loads for its carrier customers. The offering, which connects dealers and transport brokers with over 7,900 vehicle carriers nationwide, provides several carrier-specific capabilities, including the following, according to Dealertrack: Multipoint Route Search and […] [Read More]

NCM Associates recently teamed up with DrivingSales Data to provide NCM 20 Group clients a monthly Internet Marketing Vitals Composite compiling a dealerships' digital marketing efforts in one, easy-to-understand report. The firms highlighted that clients will receive their monthly report in a composite-like format, allowing them to have more productive 20 group discussions with peers […] [Read More]

The National Auto Auction Association said wholesale industry leader Chester "Chet" Lee Goins died on April 4. Goins began his auto industry career parking cars, repairing jukeboxes and then went into partnership to purchase his first lot business in 1949. Goins along with his wife, Pat, of 52 years, founded the Auto Dealers Exchange (ADE) […] [Read More]

Marketing platform Crowdtap recently conducted a survey of roughly 500 male and female car buyers to get a glimpse at what shoppers think about reviews and social media as well as what sources of information they trust the most. The poll, conducted in February of this year, yielded several unique insights into the minds of […] [Read More]

The Clean Auto Alliance announced last week the first recipients ever of the Environment & Safety Elite Award. The new award is designed to recognize automotive truck and equipment dealerships, and service companies that meet or exceed best practice benchmarks in key environmental, health and safety categories. The non-profit bestowed the inaugural honors to more […] [Read More]

FNI Inc. president David Bafumo took a couple of weeks to analyze the complaint database policy the Consumer Financial Protection Bureau revealed; a move that generated immediate skeptical reaction for industry associations. Now that potentially the immediate dust has settled from the CFPB’s decision, Bafumo offered three reasons why the online publishing of consumer complaints […] [Read More]

The National Independent Automobile Dealers Association and Dealertrack Technologies recently joined forces to give dealers an opportunity to get their F&I department questions answered without paying a retainer or being charged billable hours. Dealertrack associate general counsel Randy Henrick worked with NIADA to create an online outlet for dealers to submit questions about adverse action […] [Read More]

Digital Recognition Network announced this week that the company’s vehicle location data and license plate recognition technology services completed and passed a SOC 2 (Service Organization Control) Type 1 report for security, availability and confidentiality. DRN officials highlighted that independent service auditor, Kirkpatrick Price, conducted the exam of the company’s vehicle location data and license […] [Read More]

LeasePlan USA, a fleet management provider, recently announced the launch of its new solution to help its clients save money by bundling its risk management services. The company’s 3D Coverage combines accident prevention programs, fleet auto insurance and claims management services in one plan. LeasePlan clients can leverage competitive auto insurance rates and streamline processes […] [Read More]