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NEWS HEADLINES

June 2018, Volume 11, Issue 109



Autotrader Provides Motorcycle History Reports Through New Partnership

Autotrader, an automobile and powersports retail marketplace, is partnering up with Cyclechex to provide motorcycle history reports on used vehicles on the majority of its dealer and private seller listings, the companies announced in a press release.

DX1 Announces Three New Time Saving Features For Powersports Dealers

NORFOLK, Va. - DX1 is the only software provider in the Powersports industry that offers a dealer management system (DMS) and responsive websites on a single platform versus disparate products and systems. While our dealers have been hard at work this summer, DX1 has been diligent in delivering additional tool sets to increase revenue opportunities while decreasing duplication of effort within our dealer network.

Florida Lease Settlement Could Impact Powersports

Florida is one of the top states for buying and riding powersports vehicles, which is why finance companies should pay attention to Ally Financial‘s proposed settlement involving overcharging for purchase options on leased vehicles.

IHS Markit Launches New Solution For Automotive Aftermarket New Offering Provides A View Of What’s Happening At The Counter In Near Real Time

SOUTHFIELD, Mich. – Business information provider IHS Markit announced the launch of the Market Performance Analysis Tool, the newest part of the company’s WorldView aftermarket online solution.  This addition will allow aftermarket companies to analyze unit and dollar volume by product line and compare actual transaction pricing against competition over time and by geographic regions utilizing the same WorldView online system currently used to analyze vehicles in operation (VIO), original equipment research and parts catalog coverage.

Indian Motorcycle Returns To AIMExpo Presented By Nationwide This October

New Models Available for Hands-On Experiences at AIMExpo Outdoors!
 
The American International Motorcycle Expo presented by Nationwide (AIMExpo) welcomes the return of Indian Motorcycle (Indian Motorcycle) as an OEM exhibitor for the 2018 event. The storied Minnesota-based manufacturer will showcase its latest lineup of V-Twin motorcycles inside the Mandalay Bay Convention Center in fabulous Las Vegas,October 11-14. Indian Motorcycle will also have a presence at AIMExpo Outdoors!, where it will host demo rides of its new model lineup.

Kirk Dawson Named General Manager Of Vehicle Service Group (VSG) – The Americas As Matt Webster Retires Dawson Takes Reins Of Top Brands Including Rotary, Chief, Forward And Ravaglioli
 
Madison, Ind. – Vehicle Service Group (VSG) has named Kirk Dawson vice president and general manager The Americas effective Dec. 1, 2018. VSG is the parent company of 13 leading brands in the vehicle lift, wheel service and collision repair markets including Rotary, Chief, Forward, Ravaglioli and Direct-Lift. Dawson takes over from Matt Webster, who is retiring after 35 years with the company.

Lane Alerts Ensure Manheim Clients Never Miss A Desired Vehicle Real-Time Text Message Alerts Give Buyers A Heads Up During Busy Sale Days

ATLANTA, GA. – Buyers know that getting the right vehicle at the right time is critical to maximizing profits in the ultra-competitive used car industry but that can be challenging during an auction sale day where thousands of vehicles are crossing multiple auction blocks in just a few hours. With Manheim’s Lane Alerts, buyers can receive a text message in advance of a vehicle they’re interested coming up for sale, so they will never miss the opportunity to bid on a unit they need. In the six months since Lane Alerts launched, over 33,000 vehicles have sold to a client who set up a Lane Alert and received that Lane Alert message.

NASCAR Announces Important Leadership Change Phelps Promoted To President Of NASCAR

DAYTONA BEACH, Fla. – NASCAR announced that Steve Phelps has been named NASCAR President, effective October 1, 2018. Brent Dewar has elected to step down and will remain with the company through the end of the 2018 racing season, transitioning to a senior consulting and advisory role in 2019.

NextGear Capital, Cox Automotive Donate American Red Cross Emergency Vehicle In National Quality Dealer’s Name
 
Jasper, Ala. – NextGear Capital and Cox Automotive donated a Chevy Equinox to Jasper, Alabama’s local American Red Cross chapter on behalf of Randy Crump of Friendly Auto Sales. As the 2018 National Quality Dealer, Crump was recognized at the National Independent Automobile Dealers Association (NIADA) Convention this past June in Orlando. The award honors dealer nominees representing their state associations from across the country. The National Quality Dealer has come to embody all that it means to be a dealer committed to quality, excellence, outstanding customer service, and making their community a better place.

Philip Morris Joins Historic Company Wins Fifth NASCAR Whelen All-American Series National Title
 
DAYTONA BEACH, Fla. -- You’d think Philip Morris would be used to this by now.
After all, the 53-year-old from Ruckersville, Virginia, has carved out a résumé nearly unmatched in NASCAR short-track racing history. And yet, when it was made official with a congratulatory phone call from NASCAR Executive Vice President and Chief Racing Development Officer Steve O’Donnell, a reflective Morris was still awed by the moment. “It means that much,” Morris said. “It’s as if we were winning our first national championship.”

 

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