Professional Community for Car Dealers, Marketing, Advertising and Sales Leaders
Online Training Program Helps F&I Personnel Elevate Skills to Improve Profit and Customer Satisfaction Levels
CHESTERFIELD, MO (May 20, 2020) – Protective Asset Protection, a leading provider of F&I programs, services and dealer owned warranty company programs, has made available its library of professional development training courses to all dealership personnel and agents. This…Continue
Added by John Sternal on May 20, 2020 at 5:56am — No Comments
Inovatec, a cloud-based software solutions provider, today announced that it has been awarded the Trusted Information Security Assessment Exchange (TISAX)…Continue
Added by John Sternal on May 12, 2020 at 11:30am — No Comments
Here is the latest COVID-19 report for auto dealers, filled with data and insights from PureCars that shows that continued impact the pandemic is having on the industry, tips to help dealers make the right decisions for their business, and trends that show where dealers in some of the earliest and hardest-affected…Continue
Added by John Sternal on April 28, 2020 at 6:00am — No Comments
Lease Approval Ratings and Consumer Shopping Habits Shift Amongst COVID-19 Pandemic
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 69.3% approval rate in March, a slight decline from the February rate of 72.3%.
March experienced a higher number of applicants with qualifications…Continue
Added by John Sternal on April 23, 2020 at 7:33am — No Comments
Given the unprecedented climate that has taken place resulting from the COVID-19 outbreak and containment efforts, we have received a large number of questions in regards to how this event impacts credit reporting particularly given the recent…Continue
Added by John Sternal on April 21, 2020 at 9:00am — No Comments
Majority of Finance Executives Report Deficiency in Sophisticated Systems to Help Manage Complex Loans and Transactions
BURNABY, BC (April 16, 2020) - Inovatec Systems Corp., a provider of industry-leading, cloud-based software solutions for all financial institutions, today announced the results of its latest survey, showing 61% of executives who finance equipment reported their organization lacks modern process management…Continue
Added by John Sternal on April 16, 2020 at 12:41pm — No Comments
Thu, Apr 23, 2020 2:00 PM - 3:00 PM EDT
Join PureCars Founder and CEO, Jeremy Anspach, as he sits down with fellow thought leaders David Kain and Rick Ricart to discuss what recovery looks like for auto dealers as we begin to look toward re-opening from the COVID-19 Crisis. Jeremy, David and Rick will discuss the bold strategies that are paying off big for…Continue
Added by John Sternal on April 16, 2020 at 12:07pm — No Comments
The COVID-19 has impacted virtually every aspect of personal and business life including the credit reporting marketplace. The recently signed CARES Act includes measures related to reporting information during these times. The automotive industry is responding by leveraging credit reporting codes that are available for times of disaster to help mitigate the potential negative impact of late, missed, or deferred auto loan payments.…Continue
Added by John Sternal on April 15, 2020 at 9:07am — No Comments
Automotive dealer advertising and attribution technology provider, PureCars, just released its weekly COVID-19 Dealer Report for the week of April 10, 2020. It is the third installment of its weekly report. The report offers weekly data insights on shopper trends to help auto dealers make up-to-the-minute decisions that are best for their business. Please …Continue
Added by John Sternal on April 13, 2020 at 11:19am — No Comments
The Jacksonville Transportation Authority (JTA), Beep Inc. and NAVYA partner with Mayo Clinic to safely transport COVID-19 samples on their Jacksonville Campus
For the first time in the United States, autonomous vehicles are being used to transport medical supplies and COVID-19 tests at Mayo Clinic in Florida.
At a time when healthcare resources and personnel are…Continue
Added by John Sternal on April 2, 2020 at 10:20am — No Comments
F&I program provider, Protective Asset Protection, is making the following proactive measures to assist dealers and lenders currently during the COVID-19 outbreak and containment efforts.
Dealers and lenders continue to face great challenges as the nation continues to try to contain the COVID-19 outbreak. Here are several ways Protective is trying to help:…
Added by John Sternal on March 24, 2020 at 1:53pm — No Comments
Automotive Manufacturers Offer Aggressive Lease Deals on Many Vehicles Amidst Sales Slump in Response to COVID-19
Wantalease.com, the nation’s first online marketplace for new lease deals, reports the latest update on new lease offerings for the month of March. Several brands offered significant discounts on mid-size cars and SUVs, likely a result of falling sales due to COVID-19. OEM’s are offering aggressive deals on lease payments to attract shoppers and potential…Continue
Added by John Sternal on March 24, 2020 at 12:34pm — No Comments
As the Novel Coronavirus continues to spread and reports of hand sanitizer and toilet paper shortages increases, our team wanted to do something to help support car dealerships that have recently shut down their showrooms.
After many discussions with clients & partners, the team created materials for dealerships that don't have the internal marketing staff or resources to update their website and enhance their customer communications.
Added by John Sternal on March 23, 2020 at 8:13am — No Comments
Online Credit Applications Increase as Shoppers Seek Alternative Means of Vehicle Acquisition
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 72.3% approval rate in February, an increase from the January rate of 70%. The desire to have more flexibility in a lease has continued to be a primary driver for more people to seek vehicle leases with shorter terms that they can afford on secondary markets such as…Continue
Added by John Sternal on March 19, 2020 at 11:30am — No Comments
Annual Report Shows How Dealers Are Selling F&I; Challenges & Opportunities In 2020
Protective Asset Protection, a provider of F&I programs and services today announced the release of its first annual F&I Trends Report, an in-depth look at the trends shaping F&I…Continue
Added by John Sternal on March 11, 2020 at 7:20am — No Comments
Beep, a Florida-based autonomous mobility solutions company, announced today its first expansion out of the state of Florida into the city of Peoria, Ariz. The city…Continue
Added by John Sternal on February 20, 2020 at 8:00am — No Comments
NAVYA’s proven track record, recently acknowledged by the RTA Dubai World Challenge as the designer and…Continue
Added by John Sternal on February 13, 2020 at 1:30pm — No Comments
Lease Approval Ratings Dip to 70% in January, a Slight Decrease from December
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 70% approval rate in January, a decrease from the December rate of 72%.
January experienced a slightly lower number of applicants with qualifications for taking over another person’s lease contract during the month, registering at -2% fewer approvals than the month of December. …Continue
Added by John Sternal on February 11, 2020 at 9:43am — No Comments
The city of Peoria is piloting an autonomous shuttle program
Arizona’s first shared-ride, autonomous shuttle operating on a public street is coming to Peoria. Last night, Peoria’s city council approved the funding for a 60-day autonomous vehicle pilot program with Beep, a Florida-based autonomous mobility solutions company.
“This transportation pilot is a unique experiment for our community,” said Mayor Cathy Carlat. “We see this as an important step as we…Continue
Added by John Sternal on February 6, 2020 at 8:32am — No Comments
Advisory members play an instrumental role in company decisions and long-term strategic direction
Beep, a Florida-based autonomous mobility solutions company, today announced the addition of Hinrich Woebcken, former CEO of Volkswagen Group of North America Inc. to its Advisory Board. Beep’s Advisory Board includes distinguished transportation industry leaders and executives who consult on company’s initiatives and influence strategic decisions.
Woebcken most recently…Continue
Added by John Sternal on February 4, 2020 at 7:30am — No Comments