Study: Used Car Profit Gap Closing Click to view online.

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March 21, 2018
FTC Blocks CDK Global's Acquisition of Auto/Mate

The regulator had charged in an administrative complaint that the proposed sale violates federal antitrust laws. The two companies subsequently announced they are abandoning the proposed merger. Auto/Mate officials said the technology company is no longer for sale.

Study: Used Car Profit Gap Closing

A survey of 250 U.S. franchised dealerships revealed a 21% drop in the gross-margin gain between new- and used-vehicle sales as off-lease units flooded the market in 2017.

Ford Launches Online Sales and F&I Website

Ford Motor Co. has launched Ready.Shop.Go., a new ‘online experience’ designed to allow car buyers to find a vehicle, make a deal, and apply for financing.

Darwin Partners With RouteOne

A new partnership between Darwin Automotive and RouteOne was designed to connect dealers with online car shoppers without compromising F&I production.

Dominion Adds Mobile App for Inventory Management

Dominion Dealer Solutions’ new inventory management mobile app was designed to improve on-the-lot mobility and data reliability.

Manheim Adds Intelligent Search to OVE

The auction provider’s new personalized search tool was designed to offer dealers greater speed, more relevant results, and greater accuracy.

Bosch Debuts Virtual Assistant at NADA

‘Charlie’ is a new virtual service assistant designed to make dealership service faster while training techs in the process.

Digital Air Strike Acquires Path Chat

Digital Air Strike has added Path Chat’s artificial intelligence chat technology to its lineup of consumer engagement solutions.

TradeRev Unveils AI for Digital Auctions

TradeRev’s ‘H’ is a new suite of machine learning and imaging capabilities designed specifically for auto dealers.

KBB Launches Trusted Advisor Program

Kelley Blue Book’s new program was designed to streamline the vehicle trade-in and purchase process.

RouteOne, ODE Alliance Targets Longstanding F&I Challenges

Officials with both companies said the technology convergence resulting from the new alliance will eliminate the need for traditional system-to-system integration and creates the broadest access point in the industry for dealers to connect with finance sources, OEMs, and F&I product providers.

Zurich Joins Dealertrack Network

Zurich North America has joined Dealertrack’s aftermarket network in a move designed to help dealers deliver a ‘more digitized’ experience for car buyers.

GWC Warranty Appoints Strategic Brand Manager

F&I product provider GWC Warranty today announced the addition of Emily Dwyer as its new strategic brand manager.

DealerDNA Launches Synergie Marketing Engine

DealerDNA’s newest offering was designed to bring trim-level payment-driven inventory marketing to auto dealers.

Sexual Harassment: 4 Pillars of Effective Training

Make anti-harassment training stick by creating a program that addresses leadership and accountability, clear policies, compliance training, and reporting and investigation.

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