MetroGistics and Dealerslink have joined forces in an effort to further streamline quotes and ordering processes and provide dealer members with more efficient ways to meet their auto-transport needs, according to company officials.  As a result of the partnership announced Wednesday, MetroGistics’ Web-based logistics quoting, ordering and load-tracking functions will be integrated into the Dealerslink […] [Read More]

With high used-vehicle prices and supply shortages making it difficult for independent dealers to find the right units to grab for their lots, Manheim’s Wholesale Institute recently offered 10 tips to increase efficiency during the buying and selling process. In an effort to help dealers gain a competitive edge in a difficult market, The Wholesale […] [Read More]

Dealership chat provider Contact At Once has brought in two additional partners to its network. Signing on are ResponseLogix and DealerCentric. As most likely know, the dealer chat network features such partners as third-party listing sites, OEM websites, partner websites and applications, as well as dealership sites. Its tools allow dealers to respond to consumer […] [Read More]

On Wednesday, Insure.com handed out its Low Cost Car Insurance Awards to recognize automakers rolling out 2011 models that are the least expensive to insure. Among the four vehicle segments the site highlighted, Insure.com gave the No. 1 spots on this year’s lists to Toyota, Chrysler, Nissan and Chevrolet. “Congratulations to Toyota, Chrysler, Nissan and […] [Read More]

The Memphis Auto Auction recently expanded its sales team by hiring a trio that brings more than 30 years of combined sales experience to the company.  Memphis AA hired Brian Ayers, Susanne Bone and Bobby “Keno” Anderson to fill the positions of sales manager, powersports and fleet lease coordinator, as well as Internet sales manager, respectively. The […] [Read More]

SANTA FE, N.M. — State Employees Credit Union of New Mexico shared ways new and current members can win the grand prize of its new auto loan promotion contest. Now running through Aug. 31, the credit union is prepared to award $15,000 cash to vehicle loan customers. Officials explained how participants can enter the contest. […] [Read More]

NEW YORK — LexisNexis officially re-launched its dedicated receivables management website, outfitting the site with new Web 2.0 capabilities in an attempt to create an interactive, online experience.  The website now features blog posts and articles relevant to the receivables management industry, including information on best practices, complimentary access to thought leadership white papers and […] [Read More]

MINNEAPOLIS — Nationwide Acceptance Corp. dealer customers may now process credit applications electronically through Wolters Kluwer Financial Services’ AppOne lender platform. The two companies recently announced that Nationwide has joined the AppOne lender platform, which automates the indirect lending, credit approval and loan documentation compliance processes for lenders and the dealers they work with. Moreover, […] [Read More]

NEW YORK — According to the S&P/Experian Consumer Credit Default Indices, the auto loan default rate dropped from 1.45 percent in April to 1.34 percent in May. Moreover, first and second mortgage default rates decreased in May to 2.09 percent and 1.42 percent, respectively, from April values of 2.16 percent and 1.51 percent. As for bank […] [Read More]

The second day of the National Independent Automobile Dealers Association Convention got into gear Wednesday with a presentation from AutoTrader.com president and chief executive officer Chip Perry and Keith Whann, who is the outside general counsel for NIADA. These industry leaders not only examined the state of the industry, but stressed how pivotal it is […] [Read More]