Dealertrack Technologies announced Tuesday afternoon that it will acquire Customer Focused Marketing, a customer relationship management and marketing services provider. Dealertrack entered an agreement to purchase “substantially all the assets” of the company in a deal expected to close in the fourth quarter of this year. [Read More]

Baseball and business will come together on Sept. 18, thanks to the efforts of one Florida-based auto group to show its support for the local team. Brett Morgan, variable operations director for Morgan Automotive Group, is leading the event dubbed Top Off the Trop, to help sell out Tropicana Field for the Sept. 18 Tampa […] [Read More]

Classic car shows and other events often fill the air with the roaring engines amplified by special exhaust systems and more. During the recent Woodward Dream Cruise in the Motor City, a group of Chevrolet Volt owners participated but showcased their vehicles for the opposite extreme. General Motors welcomed dozens of people who own Chevy’s […] [Read More]

GAINESVILLE, Ga. — With so many different makes and models within a single vehicle segment available nowadays as well as how finance companies are buying contracts lower down the credit spectrum, Black Book Lender Solutions wanted to provide some updated depreciation guidance and recommendations. This week, Black Book released a white paper titled, "Lender Solutions […] [Read More]

WASHINGTON, D.C. — While the agency has yet to announce a replacement for the regulator who will oversee auto financing, the Consumer Financial Protection Bureau added four new staff members this week. Among the new additions, the CFPB tapped individuals for the following positions: —Assistant director for the office of intergovernmental affairs —Assistant director and […] [Read More]

LOS ANGELES — Loeb & Loeb in association with Consolidated Asset Recovery Systems (CARS) is offering a complimentary 60-minute webinar focused on compliance with Consumer Financial Protection Bureau mandates. The session titled, "Road Map to CFPB Compliance for the Auto Finance Industry," is set for 1 p.m. ET on Sept. 10. The presenter will be […] [Read More]

Three days of intensive training on Reynolds and Reynolds newest dealership software platform are now being offered by the company, to boost productivity. The company said Tuesday it is now providing in-depth, management-level training for dealerships using the ERA-IGNITE platform, which is a foundation of Reynolds Retail Management System. ERA-IGNITE features a Windows-based design and […] [Read More]

In what organizers called an unprecedented show of unity in the repossession industry, Allied Finance Adjusters, Recovery Specialist Insurance Group and Time Finance Adjusters agreed to come together to offer training to their members as well as non-members throughout the industry at a unified event. These three organizations are sponsoring seminars and client discussions on […] [Read More]

TrueCar revealed Monday it has hired a new vice president of investor relations and administration. Filling the VP role is Alison Sternberg, who will manage investor relations and serve as the conduit for all investor communication with TrueCar in the newly-created position, the company shared. Moreover, she will also develop the company's administrative functions, working […] [Read More]

In an effort to get more contracts bought in the F&I office, Equifax recently rolled out the availability of a new product, Equifax Dimensions, which can deliver what the company highlighted is a more in-depth picture of past credit behavior in order to better predict future credit trends. Using this new solution, Equifax explained lenders […] [Read More]