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November 7, 2011 - Industry News

vAuto RealDeal Increases Dealer Traffic 24%

Dealers who use vAuto’s RealDeal get more online vehicle shopper interest and leads than dealerships that do not, according to results of a test conducted with AutoTrader.com.

Tags: 2011 DCA

November 3, 2011 - Industry News

Prestige Financial Establishes $30 Million Line of Credit with Chase

Prestige Financial has established a $30 million line of credit with Chase Utah. The new line represents a renewed and growing relationship between the two entities, and comes on the heels of a $12 million amortizing term loan facility that they put into place in September.

Tags: 2011 DCA

November 2, 2011 - Industry News

Equifax: Auto Finance Companies Significantly Originating More Loans than Banks and Credit Unions in Today's Economy

Auto finance companies have significantly increased lending by more than 47% over the past two years, according to the latest Equifax National Credit Trends Report.

Tags: 2011 DCA

November 1, 2011 - Industry News

Ally Financial Launches Innovative Vehicle Financing Product

Ally Financial Inc. launches Ally Buyer’s Choice, an industry-first product offering for U.S. dealers and customers on new 2011 and 2012 General Motors and Chrysler vehicles.

Tags: 2011 DCA

November 1, 2011 - Industry News

Cobalt Announces Google AdWords Premier SMB Partner Status

Cobalt, a business unit of ADP Dealer Services, today announced that it has been named a Google AdWords™ Premier SMB Partner.

Tags: 2011 DCA

November 1, 2011 - Industry News

Bleecker Automotive Group Saves Up to $200,000 Annually by Paring Unnecessary Vendors; Using Auto/Mate’s DMS

Auto/Mate Dealership Systems announced today that long-time customer Bleecker Automotive Group estimates it has reduced its technology costs up to $200,000 annually.

Tags: 2011 DCA

November 1, 2011 - Industry News

BHPH Purchaser ALPS Reports Strong Q3 Results

Advanced Lending & Portfolio Services (ALPS) announces strong quarterly results with a total portfolio size of $11.5 Million at the end of Q3. This represents a 2000% growth year over year.

Tags: 2011 DCA

November 1, 2011 - Industry News

Complete Client Portfolio Management Tool Helps Paragon Honda-Acura Sell 95 Additional Units a Month from Existing Customer Base

Paragon Honda-Acura, a Queens, NY-based dealership is selling 95 additional units a month from its existing customer base by using portfolio lead management software from AutoAlert, Inc.™

Tags: 2011 DCA

November 1, 2011 - Industry News

vAuto Partners with Auction Pipeline

vAuto announces today that its customers can now quickly and efficiently source used vehicles available at Auction Pipeline auctions, including the ability to access run lists from within vAuto’s proprietary stocking module.

Tags: 2011 DCA

November 1, 2011 - Industry News

AutoTrader.com's Used/CPO Car Insights Report Shows Increased Consumer Interest in Hyundai

According to the Used/CPO Car Insights Report, which provides analysis of monthly activity for both used (non-CPO) and CPO vehicles on the AutoTrader.com site, Hyundai captured five of the top 20 spots for CPO “Big Movers” in September.

Tags: 2011 DCA

October 24, 2011 - Industry News

CNA National Appoints Tim Schilling to Newly Created Position of Actuarial Director

CNA National is pleased to announce that Tim Schilling has accepted the newly created position of actuarial director, effective October 17.

Tags: 2011 DCA

October 19, 2011 - Industry News

Southside Financial Group Launches National Subprime Loan Portfolio Program

Southside Financial Group, an active purchaser of auto finance receivables, today announced the launch of a nationwide program to purchase existing near prime and subprime auto loan portfolios from franchised and independent auto dealers.

Tags: 2011 DCA

October 19, 2011 - Industry News

Dataium ASI Research Shows Strong Gains for the Auto Industry

The Dataium ASI index, a leading predictive indicator of automotive sales, showed the largest month over month gain in the past four months, indicating that 2011 vehicle sales are on track to post around a 10% increase in sales volume over last year.

Tags: 2011 DCA

October 18, 2011 - Industry News

DealerMine Corporation Announces its Service is Now Available to Canadian Auto Dealers

DealerMine Corporation, provider of the obsolescence management service for auto dealers, announces its service is now available in Canada.

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October 18, 2011 - Industry News

CAR-Research XRM Enjoys Unprecedented Growth, Appoints Patrick Kelly as President & COO

CAR-Research XRM, a single-source CRM solution uniquely branded as “XRM, Exceeding CRM,” today announced the appointment of Patrick Kelly, formerly Senior Vice President, to the position of President and COO.

Tags: 2011 DCA

October 18, 2011 - Industry News

Auto/Mate’s Latest Auto Dealer Survey Reveals Social Media & Mobile Apps On the Rise

Auto/Mate Dealership Systems announced the results of an auto dealership technology survey it conducted in September.

Tags: 2011 DCA

October 17, 2011 - Industry News

CNA National Appoints Justin Eichmann to Newly Created Position of e-Commerce Manager

CNA National is pleased to announce that Justin Eichmann has joined the firm as e-commerce manager, effective September 26.

Tags: 2011 DCA

October 12, 2011 - Industry News

New Model Entries Drive Consumer Interest Gains in Compact Cars on AutoTrader.com

New model entries in the compact car segment gained considerable increases in consumer interest on the site, according to the New Car Insights Report from AutoTrader.com for September.

Tags: 2011 DCA

October 12, 2011 - Industry News

Cars.com Announces Ad Buy in Super Bowl XLVI

Cars.com, the premiere online resource for buying and selling new and used vehicles, announced today that it is returning to the Big Game for the fifth consecutive year.

Tags: 2011 DCA

October 11, 2011 - Industry News

New Study Reveals Growing Influence of Social Media on Automotive Purchase Decisions

Dealer.com, the global leader in automotive internet marketing solutions, in partnership with DriverSide and GfK Automotive, today announced the results of a study that shows that information on social media networks plays a significant and expanding role in helping car-buyers determine which brands, models and dealerships to consider when shopping for a new vehicle.

Tags: 2011 DCA

October 10, 2011 - Industry News

KPA Acquires TK Carsites, Expanding Services To Automobile Dealerships

KPA announces that it has acquired TK Carsites Inc. TK Carsites has over 650 automobile dealership clients throughout the country.

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October 6, 2011 - Industry News

Cochran Voted One of Pittsburgh's Top Workplaces

#1 Cochran is proud to announce its selection as one of the top 85 places to work in Pittsburgh.

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October 6, 2011 - Industry News

ADP Dealer Services’ Cobalt Releases ADP PowerSEO

Cobalt / ADP Digital Marketing, a business unit of ADP Dealer Services today announced, as part of its suite of power products, the immediate availability of its PowerSEO service and tiered enhanced reporting for Cobalt customers.

Tags: 2011 DCA

October 6, 2011 - Industry News

ResponseLogix Launches RapidTouch™ with DMEautomotive, First Fully Integrated QUOTE and CALL Lead Management System

ResponseLogix®, Inc., the leading provider of automotive digital response management software for internet leads, today announced the launch of their ResponseLogix® RapidTouch™.

Tags: 2011 DCA

October 6, 2011 - Industry News

Suburban Subaru Awards XBox 360 with Kinect to Keith Albrycht

Suburban Subaru, a full-service Subaru dealership located in Vernon, CT, partnered with SocialUPs in December 2010 to manage their Facebook fan page and has subsequently increased its fan base 23 times over to 6,008 Facebook “likes.” The dealership recently awarded an XBox 360 to Keith Albrycht.

Tags: 2011 DCA