All Blog Posts (12,686)

FORUM Credit Union Selects CULA Vehicle Leasing Program

 

Credit Union Leasing of America expands national footprint, extends reach in Indiana, bringing the benefits of leasing to more credit union members

 

San Diego, CA – March 10, 2025 – Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 35…

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Added by Crystal Hartwell on March 10, 2025 at 10:55am — No Comments

Lotlinx’s Lance Schafer to Speak at Auto Intel Summit on AI-Powered Dealerships

How Machine Learning and Vertical AI are Reshaping Inventory Management and Sales Strategy

DETROIT (March 4, 2025) Artificial intelligence is no longer an emerging technology in automotive retail—it’s a necessity. As dealerships face increasing pressure to optimize inventory, reduce risk, and drive profitability, AI and machine learning are providing new ways to automate…

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Added by John Sternal on March 4, 2025 at 12:54pm — No Comments

DealerCulture.com

I am excited to announce the launch of DealerCulture.com. This website is designed to share the experiences, insights and strategies that have shaped my career and guide dealership managers to enhance their leadership skills, cultivate strong team dynamics, and build lasting success.

Added by Richard Nimphie on March 2, 2025 at 2:50pm — No Comments

The Leading Role Digital Platforms Will Play In Helping Dealers Source Quality Used EVs

The electric vehicle (EV) market continues to show continued growth, driven by consumer demand for environmentally friendly transportation options and supported by government incentives. As of the fourth quarter of 2024, used EV sales have surged by 62.6% compared to the previous year, making them a highly sought-after commodity for auto dealers looking to bolster their inventory1.

 

EV share of the total light-vehicle market reached 9.9% in December 2024, a…

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Added by John Sternal on February 26, 2025 at 12:21pm — No Comments

Understanding How The U.S. Treasury Views The Use of AI in Auto Retail & Finance

On December 19, 2024, the U.S. Department of the Treasury published a comprehensive report examining the applications, benefits, and challenges of Artificial Intelligence (AI) in the financial services sector. This report expands on the Treasury's previous research, including its March 2024 analysis of AI-related cybersecurity risks, and incorporates insights from over 100 stakeholders who responded to the June 2024 Request for Information (RFI). By delving into emerging trends, challenges,…

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Added by John Sternal on February 25, 2025 at 3:35pm — No Comments

Kerrigan Advisors Represents Ascent Automotive Group in Sale of Toyota of Greensburg to Jim Shorkey Auto Group

Transaction marks Kerrigan Advisors’ 286th dealership sold, 21st franchise sold in the Northeast region and 37th Toyota franchise sold since inception.

 

Sale of highest volume dealership in Greensburg, PA, underscores growing success of Pittsburgh market, where Toyota is the top volume…

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Added by Crystal Hartwell on February 24, 2025 at 9:35am — No Comments

PROTECTIVE ASSET PROTECTION UNVEILS ITS 2024 F&I ANNUAL UPDATE REPORT

ST. LOUIS - (February 18, 2025) – Protective Asset Protection, a leading provider of F&I programs and services, announced today its highly anticipated 2024 F&I Annual Update Report. The comprehensive report offers valuable insights into the current state of the automotive industry, focusing on F&I product trends and how dealers are maximizing F&I product options to continually address consumer affordability challenges.…

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Added by John Sternal on February 18, 2025 at 9:39am — No Comments

BotDoc.io Unveils Alarming Cybersecurity Trends in Auto Dealership Industry

Monument, Co., February 5, 2025 - BotDoc.io, a leading provider of secure file transfer and identity verification solutions, today released the results of a comprehensive 2025 Auto Dealership Cybersecurity Survey. The findings reveal critical gaps in the industry's cybersecurity and data security preparedness, serving as a wake-up call for dealerships nationwide.

 

Data Protection Among Largest Gaps

The online survey, conducted in…

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Added by John Sternal on February 12, 2025 at 10:57am — No Comments

PrivateAuto Partners with Recurrent to Empower EV Owners with Seamless Vehicle Listing Options

New Partnership Allows Recurrent Users to Effortlessly List Their Electric Vehicles for Private Sale on PrivateAuto’s Secure Platform  

Alpine, Utah – (February 11, 2025) – PrivateAuto, the only end-to-end transactional marketplace for private-party vehicles, today announced its partnership with…

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Added by John Sternal on February 11, 2025 at 11:20am — No Comments

Car Pros Dealerships Recognized for Sales and Customer Service Leadership in 2024

Car Pros Kia Glendale nation's #1 Kia dealership for the fifth consecutive year, MINI of Downtown Los Angeles #6 in the nation, Car Pros Honda El Monte #22; four dealerships certified for excellence by J.D. Power 

 

RENTON, WA – February 10, 2025 – Car Pros Automotive Group, a leading automotive sales…

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Added by Crystal Hartwell on February 10, 2025 at 9:24am — No Comments

MBWA

Great dealership leaders practice MBWA (Management by Wandering Around) and its benefits:



*Their Visibility Promotes Positive Culture

*Encourages Employee Engagement & Openness About Their Goals

*Builds Trust by Showing Servant Leadership

*Reinforces Company Values and Goals

*You Can Discover Your Company's Future Leaders…

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Added by Richard Nimphie on February 3, 2025 at 12:53pm — No Comments

Managing Taxes for Car Dealerships: A Comprehensive Guide

Operating a car dealership involves managing a range of complex financial and tax-related responsibilities. From sales tax on vehicles to employee-related taxes, the tax environment can be tricky for dealership owners. However, with the right knowledge and strategies in place,…

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Added by Tyler Newport on February 2, 2025 at 9:51pm — No Comments

Types of Vehicles That Are Convenient for Party Buses

When it comes to hosting an unforgettable party on wheels, choosing the right type of vehicle is essential. The ideal party bus should offer ample space, entertainment features, comfort, and safety. Whether it’s for a bachelor or bachelorette party, birthday celebration, prom…

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Added by Tyler Newport on January 31, 2025 at 10:02am — No Comments

DEALNOW.COM INTRODUCES INSTANT LOAN LOOKUP AND PAYOFF SOLUTION TO SIMPLIFY INVENTORY ACQUISITION FOR DEALERS

New Solution Enables Private Seller ‘Inventory Acquisition, Made Simple’ 

 

Alpine, Utah – (January 28, 2025) – DealNow, the first-of-its-kind service that enables secure and seamless online transactions for any vehicle –including cars, RVs, boats, and other recreational vehicles– today announced the launch of its new Instant Loan Lookup and Payoff…

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Added by John Sternal on January 28, 2025 at 10:57am — No Comments

Wolters Kluwer Releases Fourth Quarter Data For Its Auto Finance Digital Transformation Index

NEW YORK – January 28, 2025 – Adoption of digitized contracting and documentation workflows by auto retailers and their lending partners that foster back-office efficiencies saw a noticeable jump, according to analysis by Wolters Kluwer Compliance Solutions from its Q4 Auto Finance Digital Transformation Index. While Q4 adoption compared to Q3 was down slightly…

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Added by John Sternal on January 28, 2025 at 10:01am — No Comments

CULA Appoints Chris Harper as Director of Business Development

 

Harper brings 25 years of credit union industry experience to help drive growth through new partnerships and innovation

 

San Diego, CA – January 23, 2025 – Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 35 years,…

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Added by Crystal Hartwell on January 23, 2025 at 3:21am — No Comments

eLEND Identity Solutions Block $1 Billion in Potential Vehicle Purchase Fraud in 2024

 

Over 30,000 dealership driver license scans were red flagged in the past year by eLEND; company further expands suite of Identity Solutions to combat soaring fraud

 

NEW ORLEANS, LA - January 23rd, 2025 – eLEND Solutions today announced at the 2025 NADA Show that it…

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Added by Crystal Hartwell on January 23, 2025 at 3:01am — No Comments

Majority of Auto Dealerships Experiencing Data Gaps Between CRM, DMS and FMS

Snapshot survey from eLEND Solutions show dealers looking for workflow improvements between website tools and core platforms which, majority say, could raise efficiency and customer experience by 20+%; Credit Apps top list of tools needing better platform integration

 

Foothill Ranch, Calif. – January 21, 2025 – The majority of auto dealerships are experiencing data gaps between the core systems that run their dealerships – customer…

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Added by Crystal Hartwell on January 21, 2025 at 3:07am — No Comments

Kerrigan Advisors Represents Bohn Brothers Automotive Group in Sale of Toyota of Slidell to Carlock Automotive

Sale of top volume Toyota dealership in Slidell is final sale of four Bohn family dealerships; marks Kerrigan Advisors’ 285th dealership sold, 134th franchise sold in the Southern region and 50th Toyota/Lexus franchise sold since inception

 

New Orleans, LA – January 20, 2025 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented New Orleans-based Bohn…

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Added by Crystal Hartwell on January 20, 2025 at 3:00am — No Comments

Botdoc Partnership with 700Credit Enhances Credit Pull Capabilities in Botdoc Connect Platform for Dealers

Monument, Co., January 17, 2025 - Botdoc, a leading provider of secure file transfer and operational efficiency solutions, is pleased to announce a strategic partnership with 700Credit, a premier provider of credit reporting and compliance solutions for the automotive industry. This partnership will integrate 700Credit’s services into Botdoc Connect, enabling auto retailer users to perform both soft and hard credit pulls directly within the platform during the car sales…

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Added by John Sternal on January 17, 2025 at 9:35am — No Comments

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