Articles for Press Releases

Manheim Adds New Features to Mobile Offerings

Tuesday, July 12, 2011
With more than 85,000 customers digitally connecting with Manheim every week, the world’s leading provider of vehicle remarketing services is enhancing the capabilities of its mobile website. Last month, Manheim added a suite of new features to its mobile offerings to help buyers do business anytime and anywhere.

AutoTrader.com's June Trend Engine Report Shows Increased Interest in Trucks and SUVs

Tuesday, July 12, 2011
AutoTrader.com’s June Trend Engine report, which provides analysis of site traffic as it relates to consumer shopping behavior, shows that trucks and SUVs have gained consumer interest since May and that interest in compact cars is starting to subside.

DealerTrack Completes Acquisition of eCarList

Thursday, July 07, 2011
DealerTrack AAX, Inc., a subsidiary of DealerTrack Holdings, Inc., today announced that it has completed the acquisition of substantially all of the assets of eCarList LLC, a leading provider of inventory management and merchandising solutions for automobile dealerships.

Westlake Announces Major Partnership with Marubeni

Wednesday, July 06, 2011
Westlake Financial Services announces a partnership with Japanese conglomerate Marubeni Corporation. The partnership will result in Marubeni taking a 20 percent ownership stake in Westlake in a deal valued at $250 million dollars in newly issued equity.

Prestige Financial Establishes a $150 Million Funding Facility with Wells Fargo Securities

Tuesday, July 05, 2011
Prestige Financial has established a $150 million funding facility with Wells Fargo Securities. The new arrangement provides a substantial source of liquidity to fund the Salt Lake City-based auto finance company’s consumer lending and loan servicing activities in 25 states.

MPi EDGE 4G Certification Program Helps Auto Dealer Service Departments Maximize Performance, Profitability

Tuesday, June 28, 2011
Vehicle inspection programs can produce substantial revenue for auto dealer service departments. Mobile Productivity, Inc. (MPi), the leading provider of vehicle inspection tools, processes, and consulting for auto dealer service departments, today announced the creation of its EDGE 4G Certification Program.

CNA National Introduces Enhanced VSC Program “Z Series”

Friday, June 24, 2011
CNA National has introduced a new vehicle service contract program, Z Series, featuring better customer benefits, enhanced coverages, expanded eligibility and more terms—all competitively priced.

General Motors Approves ActivEngage as iMR Match Eligible Turnkey Vendor for Live Chat

Tuesday, June 21, 2011
ActivEngage, the automotive industry's premium live chat with business intelligence for dealer websites, today announced that General Motors has approved the company as an iMR (inMarketRetail) Match eligible turnkey vendor for dealership live chat.

Dollar Thrifty Automotive Group Locks Up Long-Term Relationship with Expedia

Tuesday, June 21, 2011
Dollar Thrifty Automotive Group, Inc. today announced it has extended its relationship with Expedia, Inc., the world's largest online travel company

vAuto Integrates Further with Manheim

Monday, June 20, 2011
Today, vAuto and Manheim announce yet another significant enhancement made possible by the new AutoTrader.com family alliance. Manheim Market Report (MMR) and OVE.com are now seamlessly integrated within vAuto, the leading inventory management solution.

Gillman Auto Group Partners with NBC’s Today Show “Lend a Hand Charity”

Wednesday, June 15, 2011
The Gillman Automotive Group through their “Gillman Care’s Program partnered with NBC’s Today Show “Lend a Hand Charity” to surprise a local Houston charity, Casa de Esperanza – De Los Ninos – The House of Hope for Children.

Two Industry Firsts from izmocars: Unprecedented Trim-Level Vehicle Image Accuracy plus Vehicle Animation Support for iPhone and iPad

Wednesday, June 15, 2011
izmocars today announced that its vehicle photography division, izmostudio, has achieved two industry firsts: 1) color-correct, trim-level interior and exterior vehicle images for all online platforms and 2) super-sharp, high-resolution vehicle animations that work with Apple’s iPhone and iPad.

The Wolfington Group Promotes Daniel Freeman to Vice President

Wednesday, June 15, 2011
The Wolfington Group announced today that the company has promoted Daniel Freeman, of Manchester, ME to the position of Vice President.

DealerTrack Backs Its Industry-Leading Compliance Solution with $25,000 Red Flags Guarantee

Monday, June 13, 2011
DealerTrack announced the company will offer an unprecedented $25,000 Red Flags Guarantee to current and new subscribers of its Compliance Solution.

Auto/Mate Successfully Completes Development of DMS Integration for the Lexus Dealer Daily System

Monday, June 13, 2011
Auto/Mate Dealership Systems announced that it has successfully developed and tested its Automotive Management Productivity Suite (AMPS) for use with the Lexus Dealer Daily system.

ActivEngage Launches Live Chat Mobile Application for Auto Dealers, Dealer Groups and Manufacturers

Tuesday, May 31, 2011
ActivEngage, the automotive industry's premium live chat with business intelligence for dealer websites, today announced the launch of a new mobile application that offers auto dealers advanced chat functionality on hand held devices.

CAR-Research XRM Releases Updated Service Drive Control Manager CRM Module

Tuesday, May 31, 2011
CAR-Research XRM, a single-source CRM solution uniquely branded as; “XRM, Exceeding CRM”, today announced that it has released an updated version of its highly successful Service Drive Control Manager.

Auto Lenders Financing More Subprime Consumers in Q1, According to Experian Automotive

Thursday, May 26, 2011
Experian Automotive today announced findings from its quarterly analysis of the automotive credit industry. The latest report shows that the share of loans to credit-challenged new vehicle shoppers grew by 11.1 percent in Q1 2011 compared with Q1 2010.

DealerTrack To Acquire eCarList

Wednesday, May 25, 2011
DealerTrack AAX, Inc., a subsidiary of DealerTrack Holdings, Inc., today announced that it has signed an agreement to acquire substantially all the assets of eCarList LLC, a leading provider of inventory management and merchandising solutions for automobile dealerships.

FordDirect Names Stacey Coopes Chief Executive Officer

Monday, May 23, 2011
FordDirect, a joint venture between Ford Motor Company and its franchise dealers, announced today the appointment of Stacey Coopes as CEO.

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