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January 14, 2014 - Industry News

Below-Prime Car Buyers Less Loyal Than Average Car Buyers

A new brand loyalty report from CarFinance.com found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.

Tags: brand loyalty, CarFinance.com, Chevrolet, Dodge, Ford, Kia, Nissan, subprime, trade-in vehicles

January 14, 2014 - Industry News

Autobytel Acquires AutoNation's AutoUSA

The transaction significantly expands Autobytel’s dealer network and is expected to deliver meaningful increases in revenue and cash flow.

Tags: Acquisition, Autobytel, AutoUSA

January 9, 2014 - Industry News

FTC Charges 10 Dealers With Deceptive Advertising

The Federal Trade Commission announced today that an enforcement sweep has netted 10 dealers in seven states for deceptive advertising practices.

Tags: Deceptive Advertising, Federal Trade Commission, Violations

January 9, 2014 - Industry News

Manheim: Q4 Wholesale Used-Vehicle Prices Decline Slightly

Used-vehicle prices in the United States declined slightly in the fourth quarter 2013, but they remained at historically high levels as consumer demand stayed strong, Manheim reports.

Tags: Manheim, Tom Webb, used-vehicle values, Wholesale Pricing

January 9, 2014 - Industry News

Law Firms Join Forces in Antitrust Suit Against Carfax

Bellavia Blatt Andron & Crossett P.C. has joined forces with another law firm in prosecuting its antitrust suit against Carfax.

Tags: antitrust, Carfax, Leonard Bellavia

January 9, 2014 - Industry News

House Passes Bill to Reduce Dealership Paperwork

The U.S. House of Representatives passed legislation this week repealing a 1977 law requiring auto dealers to certify that new vehicles are compliant with the Clean Air Act. The measure now heads to the U.S. Senate.

Tags: Clean Air Act, David Westcott, NADA

January 7, 2014 - Industry News

AutoAlert Named Top Workplace

AutoAlert Inc. was named as one of the “Top 100 Workplaces” by the Orange County Register. AutoAlert employs 60 people at its Irvine, Calif., headquarters and another 50 in field operations.

Tags: AutoAlert, employees, Orange County Register, workplace

January 7, 2014 - Industry News

Gubagoo Launches ‘Inventory Control’

The patent-pending technology aims to rev up engagement and conversion on dealership websites by feeding vehicle information directly into live chat features.

Tags: auto dealer, Brad Title, Gubagoo, inventory, live chat

January 7, 2014 - Industry News

Cox Acquires 25% Stake in AutoTrader Group

Cox Enterprises acquires 25% stake in AutoTrader Group from Providence Equity Partners.

Tags: AutoTrader.com, Cox Enterprises, Equity, KBB.com

January 7, 2014 - Industry News

Mazda Partners With Maritz Dealer Solutions

As a preferred provider, Maritz Dealer Solution will work with approximately 100 Mazda dealers in five regions to improve lead management and the buying experience they deliver to customers.

Tags: auto dealer, Maritz Research, Mazda

January 7, 2014 - Industry News

Illinois Senator Proposes Repeal of 'Blue Law'

Illinois State Senator Jim Oberweis is proposing to lift the state’s ban on Sunday car sales, but car dealers, to his surprise, are opposed.

Tags: legislation, Stephanie Forshee, Vehicle Sales

January 7, 2014 - Industry News

Haystak to Launch New Auto Dealer Website Platform

Digital marketing services provider is launching a new web platform designed to integrate Haystak Digital Marketing’s entire digital suite.

Tags: auto dealer, Haystak Digital Marketing, NADA, responsive design, SEO, technology

December 31, 2013 - Industry News

Hyundai’s VP of Sales to Replace Krafcik as Chief Exec

Today ends John Krafcik’s tenure as president and CEO of Hyundai Motors America. He will be replaced by David Zuchowski, the company’s executive vice president of sales.

Tags: Hiring, Hyundai, John Krafcik

December 31, 2013 - Industry News

Ford Calls Shot, Expects Best-Selling Brand Title for 2013

Ford predicts it will come in as the top-selling marque for 2013, a title it’s held for four straight years.

Tags: Ford, Vehicle Sales

December 30, 2013 - Industry News

Facebook Is the Social Network of Choice for Gen Xers, eMarketer Reports

Often overlooked, the Gen X demographic is still important for digital marketers, eMarketer finds.

Tags: automotive, eMarketer, Facebook, Generation X, Internet, social media

December 26, 2013 - Industry News

Facebook Now No. 2 Digital Ad Seller Thanks to Mobile Ad Growth

Mobile now accounts for more than 22% of all U.S. digital ad spending, up from 3% in 2010.

Tags: ad spend, digital marketing, Mobile Marketing

December 26, 2013 - Industry News

Two S.C. Dealerships Accused of Scheming Low-Income Buyers

The Post and Courier reports that employees at two Charleston car dealerships schemed low-income buyers into buying vehicles they could not afford.

Tags: fraud, Lawsuit

December 20, 2013 - Industry News

Ally Reaches $98M Settlement with DOJ, CFPB for Lending Discrimination

The settlement is the department’s third largest fair lending agreement and largest ever auto lending agreement.

Tags: Ally Bank, Ally Financial, CFPB, Consumer FInancial Protection Bureau, discrimination, Dodd-Frank Act, Settlement

December 19, 2013 - Industry News

Dealertrack to Acquire Dealer.com

Dealertrack Technologies reports that an agreement is in place for the technology company to acquire Dealer.com. Dealertrack will retain the Dealer.com name and is expected to appoint CEO Rick Gibbs as executive vice president and group president of its digital marketing solution team.

Tags: Acquisition, automotive, car dealer, Dealer.com, Dealertrack, digital marketing, Website

December 18, 2013 - Industry News

Dealers Celebrate With Holiday Cheer

Dealers from across the country are finding different ways to celebrate the holidays in their stores. Check out our photo gallery to see how festive some stores are this year.

Tags: automotive, car dealer, Cars, Christmas, Dealership, holiday, photos, Santa

December 17, 2013 - Industry News

Hyundai Drops Arbitration Clause

Following a critical piece in the New York Times on the arbitration clause found in its warranty statement, Hyundai drops the policy. The change came a week before the CFPB released its first report on the effect of arbitration agreements on consumers.

Tags: arbitration agreements, Brittany-Marie Swanson, Consumer FInancial Protection Bureau, Hyundai

December 17, 2013 - Industry News

TD Bank to Trim U.S. Dealer Network

TD Bank officials said the company will trim down its 9,000 member U.S. dealer network in order to provide better service.

Tags: Brittany-Marie Swanson, dealer, Quarterly Earnings, TD Bank Group

December 17, 2013 - Industry News

Trending in 2013: Tesla, Jean Claude Van Damme’s Volvo Splits and Chevy Volt

Top search engines released their top search terms for the year, with Google’s annual Zeitgeist being released today. And according to results, auto-related searches were among the most popular search terms in 2014.

Tags: Chevy Volt, Internet Shopper, Online Marketing, Tesla Motors, Volvo

December 16, 2013 - Industry News

CarFolks’ Dubis Says ‘It’s Not About the Reviews’

Dealer advocate issues an impassioned appeal to dealers, arguing that 'chasing reviews" has done little to foster trust between dealers, manufacturers and car buyers.

December 10, 2013 - Industry News

Group 1 Acquires Ga.-Based Auto Group

Group 1 Automotive Inc. has completed the acquisition of Jay Automotive Group, which operates six franchises in Columbus, Ga.

Tags: Acquisition, Earl J. Hesterberg, Group 1 Automotive, Jay Automotive Group