Auto/Mate’s latest product release expands its e-signature capture technology to the F&I process. Customers' desire for a digitally driven car-buying process helped prompt the rollout of the feature, with which F&I managers can capture signatures, store electronically signed documents and email digital deal jackets to customers.
KAR Auction Services has named Peter Kelly president, a newly created role at the company. In the position, Kelly will oversee ADESA, Automotive Finance Corp. and Openlane, as well as KAR's remarketing and digital services business.
Higher fleet deliveries, low unemployment, tax reform and Tesla's rapid production ramp-up are among the reasons that U.S. light-vehicle sales likely increased in 2018, even in the face of lower retail volume and rising interest rates and vehicle prices, analysts say.