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July 20, 2011 - Industry News

John Palmer Announced as Speaker at 2011 Special Finance Conference

Special Finance Insider is pleased to announce the addition of John Palmer as a speaker at the upcoming 2011 Special Finance Conference, part of the Industry Summit 2011 by F&I and Showroom, to be held September 26-28, 2011 at the Las Vegas Hilton.

Tags: 2011 DCA

July 18, 2011 - Industry News

Auto/Mate Integrates New Service Merchandising Module into its DMS

Auto/Mate Dealership Systems announced today the release of a new Service Merchandising module for its dealership management system (DMS).

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July 18, 2011 - Industry News

MPi Releases new eBook for Auto Dealers

The ability to add legitimate line items to every repair order is a proven way for auto dealers to boost parts and labor profits – and retain customers. To help auto dealers in this upsell process, MPi today announced the release of a new eBook, Earning the Green Light to Customer Upsell Profitability.

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July 12, 2011 - Industry News

Manheim Adds New Features to Mobile Offerings

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.

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July 12, 2011 - Industry News

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

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.

Tags: 2011 DCA

July 7, 2011 - Industry News

DealerTrack Completes Acquisition of eCarList

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.

Tags: 2011 DCA

July 6, 2011 - Industry News

Westlake Announces Major Partnership with Marubeni

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.

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July 5, 2011 - Industry News

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

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.

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June 28, 2011 - Industry News

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

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.

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June 24, 2011 - Industry News

CNA National Introduces Enhanced VSC Program “Z Series”

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.

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June 21, 2011 - Industry News

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

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.

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June 21, 2011 - Industry News

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

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

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June 20, 2011 - Industry News

vAuto Integrates Further with Manheim

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.

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June 15, 2011 - Industry News

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

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.

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June 15, 2011 - Industry News

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

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.

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June 15, 2011 - Industry News

The Wolfington Group Promotes Daniel Freeman to Vice President

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

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June 13, 2011 - Industry News

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

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

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June 13, 2011 - Industry News

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

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.

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May 31, 2011 - Industry News

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

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.

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May 31, 2011 - Industry News

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

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.

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May 26, 2011 - Industry News

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

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.

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May 25, 2011 - Industry News

DealerTrack To Acquire eCarList

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.

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May 23, 2011 - Industry News

FordDirect Names Stacey Coopes Chief Executive Officer

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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May 19, 2011 - Industry News

Data Management Systems

The Data Management Systems category continues to be dominated by major players in the market, and the 2011 lineup mirrors last year’s.

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May 19, 2011 - Industry News

Inventory Management Tool

Three inventory management tools made the cut as Dealers’ Choice Award winners, and this year’s results may induce a feeling of déjà vu, considering all three companies placed the same as they did in 2010.

Tags: 2011 DCA