November 7, 2011 - Industry News
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 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.
November 2, 2011 - Industry News
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.
November 1, 2011 - Industry News
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.
Cobalt, a business unit of ADP Dealer Services, today announced that it has been named a Google AdWords™ Premier SMB Partner.
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.
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.
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.™
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.
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.
October 24, 2011 - Industry News
CNA National is pleased to announce that Tim Schilling has accepted the newly created position of actuarial director, effective October 17.
October 19, 2011 - Industry News
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.
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.
October 18, 2011 - Industry News
DealerMine Corporation, provider of the obsolescence management service for auto dealers, announces its service is now available in Canada.
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.
Auto/Mate Dealership Systems announced the results of an auto dealership technology survey it conducted in September.
October 17, 2011 - Industry News
CNA National is pleased to announce that Justin Eichmann has joined the firm as e-commerce manager, effective September 26.
October 12, 2011 - Industry News
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.
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.
October 11, 2011 - Industry News
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.
October 10, 2011 - Industry News
KPA announces that it has acquired TK Carsites Inc. TK Carsites has over 650 automobile dealership clients throughout the country.
October 6, 2011 - Industry News
#1 Cochran is proud to announce its selection as one of the top 85 places to work in Pittsburgh.
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.
ResponseLogix®, Inc., the leading provider of automotive digital response management software for internet leads, today announced the launch of their ResponseLogix® RapidTouch™.
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.
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