MVTRAC president Luke Smith recently was named the Leukemia & Lymphoma Society's 2015 Man of the Year. Collectively, Smith along with the other candidates from the Illinois chapter raised more than $600,000 to help cure leukemia, lymphoma, Hodgkin's disease and myeloma and improve the quality of life of patients and their families. The 10-week campaign held […] [Read More]

Exactly 239 years ago, a group of prominent individuals got together and created the great nation we live in today. They aspired to build a nation where people could freely voice their opinions and concerns in order to help better the world around them. Then 188 years later (51 years ago), another group of individuals […] [Read More]

F&I forms: the biggest pain-point for many auto shoppers — as well as many dealership employees. Reynolds and Reynolds is partnering with the Nova Scotia Automobile Dealers Association (NSADA) to develop new F&I forms in an effort to help dealers simplify and smooth F&I transactions. As part of the partnership, Reynolds Document Services has worked […] [Read More]

Leveraging the possibilities of alternative credit data to enhance the underwriting process percolated several times during industry events earlier this year. On Tuesday, FactorTrust responded to the inherent need for increased credit opportunities for non-prime consumers by rolling out a new tool the consumer data provider is calling LendProtect Auto Score. FactorTrust explained the LendProtect Auto […] [Read More]

Say your dealership has new salespeople who are still learning the unique attributes about certified pre-owned vehicles that can make them so appealing to the “ups” who arrive at the showroom or through the business development center. An advice column Autotrader compiled for shoppers on its site also could serve as a great checklist so […] [Read More]

Fueled in part by achieving the milestone of retailing 100 used units per store per month for the quarter on a same store basis as well as making strides with its Echo Park specialty dealerships, Sonic Automotive set a new record for used-vehicle sales during the second quarter. The dealer group reported on Monday that […] [Read More]

Now is the time you might want to turn environmentally conscious shoppers on your lot looking for a deal toward the pre-owned electric vehicles in stock. Why? Take a look at the residuals. According to Manheim, the used 2013 Nissan Leaf will be worth only $7,650 by next July, while today’s price for the same […] [Read More]

Copart recently updated and released the newest version of Copart Mobile for Android. Officials highlighted the updated mobile app can give buyers the ability to search for vehicles and attend Copart’s patented live auctions wherever they are — a crucial feature for busy dealers, dismantlers and others who bid for vehicles daily while running their […] [Read More]

Dealer software provider ProMax Unlimited announced Friday it has integrated its customer relationship management system with GoMoto’s Digital HUB kiosks. “As a company that has continually pioneered auto software for over 20 years, we recognize a great new platform when we see it,” said John Palmer, ProMax’s chief executive officer. “And GoMoto is exactly what […] [Read More]

Auto/Mate Dealership Systems announced Monday it has opened the pre-registration for its Fall User Summit. The event will be hosted in Oak Brook, Ill., near Chicago, on October 12 and 13 later this year. The company invites its dealership customers to attend the event which, other than being a networking opportunity, will feature product training […] [Read More]