Enterprise Holdings announced Tuesday that it has a new vice president of remarketing sales and operations for the company’s Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands. Named to the position is Nate Lattimer, who succeeds Mike Bystrom. Bystrom has been promoted to a senior executive position within the company. In the […] [Read More]

Ever wonder how many customers are out there “on the fence,” or on the verge of buying from your dealership? According to Paul Potratz, chief operating officer of Potratz Partners Advertising, one of the keys to securing these leads is website chat. In the latest edition of Think Tank Tuesday — Portratz’ weekly video featuring […] [Read More]

Dealers looking to obtain higher quality used-car inventory could benefit from a new product announced this week by auto website MaxTradeIn. The new service allows participating dealerships to make “nearly-instant” offers for consumer trade-ins, rather than just estimates, the company said. Called MaxTradeIn DealerDirect, the service asks consumers visiting a dealership’s website to enter their […] [Read More]

On Tuesday, DealerSocket launched a solution the company calls Smart Reply, a tool that allows dealerships to send intelligent emails to customers with concise and accurate content tailored to their specific vehicle interests. “We’re really fired up about launching Smart Reply because this technology surpasses traditional CRM solutions that simply send a text heavy email […] [Read More]

Fleet services provider ARI and its parent company, Holman Automotive Group, once again topped the fundraising charts in their efforts for autism research. The partners raised nearly $35,000 to support “Walk Now for Autism Speaks” and the Greater Delaware Valley Chapter of Autism Speaks, making the Holman-ARI team the top South Jersey fundraiser for that […] [Read More]

WASHINGTON, D.C. — Richard Cordray is staying as director of the Consumer Financial Protection Bureau, the agency that has been intensifying its regulation of vehicle financing since the spring. The U.S. Senate confirmed Cordray to remain at the position late Tuesday, stirring mostly positive reaction from industry associations as well as lawmakers who wanted the […] [Read More]

OCALA, Fla. — Along with selecting its outside legal counsel, Recovery Industry Services Co. recently formed the RISC Compliant Agent Network (RISC CAN). RISC highlighted membership is open to any professional collateral recovery agency owner who can meet the stringent requirements of the firm's network and adhere to the RISC Code of Ethics. The company […] [Read More]

TORRANCE, Calif. — 700Credit, a provider of consumer credit reporting and compliance products to more than 4,000 dealers, recently formed an integration partnership with Constellation Automotive Software. The companies explained this agreement will allow more than 1,500 dealers using Constellation Automotive Software's dealership management systems to have seamless and secure access to 700Credit's Web-based credit […] [Read More]

GAINESVILLE, Ga. — When Black Book Lender Solutions analyzed historical vehicle segment data and developed projected retention levels for the next 12 to 24 months, three specific kinds of units distinguished themselves from the 24 individual categories. Those three segments included compact cars, midsize cars and full-size pickups. These three model categories pushed the overall […] [Read More]

Along with selecting its outside legal counsel, Recovery Industry Services Co. recently formed the RISC Compliant Agent Network (RISC CAN). RISC highlighted membership is open to any professional collateral recovery agency owner who can meet the stringent requirements of the firm’s network and adhere to the RISC Code of Ethics. The company is out to […] [Read More]