May 15, 2012
Innovative Aftermarket Systems will now rep LoJack's vehicle recovery and early warning systems through its network of general agents, the two companies announced yesterday.
Tags: general agents, Innovative Aftermarket Systems, LoJack
May 10, 2012
The euphoria over the positive first quarter results from U.S.-based carmakers should be tempered by the recessionary situation in Europe, two Kelley Blue Book analysts warned.
Tags: Chrysler, European Crisis, Ford, General Motors, Kelley Blue Book
April 17, 2012
NCM Associates is once again sponsoring the NABD Dealer Academy and Conference for Buy Here, Pay Here (BHPH). The firm also will participate in education tracks offered at the two events.
Tags: BHPH Conference, BHPH dealers, NABD, NCM Associates
March 13, 2012
IAS announced that it will release SmartOffer, an e-mail-based F&I presentation program designed to allow dealers to present and sell product to Internet customers.
Tags: F&I presentation, IAS, Internet, Internet leads, Internet sales, Internet shopper
Edmunds.com reported that Japanese car manufacturers are finally back on track in the United States one year after the March 11, 2011, earthquakes that struck Japan.
Tags: Edmunds.com, Honda, Nissan, Toyota
DealerTrack will host several DealerTrack University webinars on best practices in the areas of mobile, leasing and compliance this month.
Tags: Compliance, DEALERTRACK, leasing, mobile applications, mobile solution, training, vehicle leasing
March 8, 2012
Ally's new Vehicle Intercept Program is designed to drive showroom traffic and increase new-vehicle sales at General Motors and Chrysler dealerships.
Tags: Ally Financial, Chrysler, dealership marketing, General Motors, marketing
The NADA Used Car Guide predicted yesterday that gas prices will peak at $4 per gallon in May, but said it expects the impact on used-car prices to be mild by historical standards.
Tags: Gas Prices, NADA Used Car Guide, used vehicles, used-vehicle values
March 6, 2012
Safe-Guard Products International LLC announced that it has joined the DealerTrack Aftermarket Network.
Tags: aftermarket products, DEALERTRACK, F&I products, Safe-Guard
The National Automotive Finance (NAF) Association announced that Richard P. Hackett, an assistant director at the Consumer Financial Protection Bureau, will be the keynote speaker at the NAF’s 16th annual conference.
Tags: CFPB, Consumer Financial Protection Bureau, National Automotive Finance Association
Chrysler Group announced the launch of Diversified Certified, a program that enables Chrysler Group dealers to certify and sell competitive-make, pre-owned vehicles backed with a Chrysler Group warranty.
Tags: certified pre-owned vehicles, Chrysler, pre-owned customers, warranty
A report by Change Sciences Group revealed that some banks and other financial services firms are using social media to change their image.
Tags: Banks, finance, lender, Social Media
DMEautomotive’s latest white paper revealed that the aging customer base is significantly favoring aftermarket chains' service profits while threatening those of new-car dealerships.
Tags: DMEautomotive, new-vehicle market, New-Vehicle Sales, parts and service, vehicle maintenance
A study by Buycentives revealed that rebates and incentives continued to play a role in February auto sales.
Tags: cash back incentive, incentives, manufacturer incentives, rebates
U.S. consumer credit data from CreditForecast.com, a joint product of Equifax and Moody's Analytics, projects a rebounding consumer environment along with recovering auto and home markets in 2012.
Tags: Auto Loans, consumer credit, Equifax, Moody's Analytics
CarGurus, an auto research and shopping site, expects prices on fuel-efficient, used vehicles to increase 15 percent by August as gas prices continue to approach $4.50 a gallon.
Tags: CarGurus, Fuel Economy, Gas Prices, used vehicles
March 2, 2012
Manheim announced it has completed its planned purchase of Dealer Services Corporation, a used-vehicle floorplan company for independent dealers that’s based in Carmel, Ind.
Tags: acquisition, Dealer Services Corporation, FLOORPLAN FINANCING, Manheim, used vehicles, used-vehicle financing
General Motors Co. and Wells Fargo & Co. announced a long-term partnership to offer financing to Chevrolet, Buick, GMC and Cadillac dealers and retail customers in GM’s West marketing region.
Tags: Buick, Cadillac, Chevrolet, dealer financing, finance, FLOORPLAN FINANCING, General Motors, GMC, new-vehicle financing, retail financing, Wells Fargo, wholesale financing
A recent uptick in gas prices pushed consumers toward fuel-efficient vehicles rather than back to the sidelines, with the annual sales rate jumping to 15.1 million vehicles, according to Autodata.
Tags: Acura, Audi, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Infiniti, Mercedes-Benz, MINI, monthly sales, New-Vehicle Sales, Nissan, retail sales, SAAR, Toyota, Vehicle Sales, Volkswagen
March 1, 2012
A report by AutoTrader.com revealed that the notable increase in gas prices in January pushed used-car shoppers on its site toward fuel-efficient vehicles.
Tags: AutoTrader.com, Fuel Economy, used vehicles
A study by Forbes Insights revealed that the company anticipates luxury auto sales to stay strong into the foreseeable future.
Tags: Acura, Audi, BMW, Cadillac, Infiniti, Jaguar, Lexus, Lincoln, luxury vehicles, Mercedes-Benz, Volvo
Consumer Reports’ automaker report cards for 2012 revealed that Subaru has earned the top score for the first time.
Tags: Consumer Reports, Subaru
Sonic Automotive Inc. reported the company’s total 2011 revenues were up 14 percent year over year. Total fourth quarter revenues were up 12 percent from the year-ago quarter as well.
Tags: Sonic Automotive
The Conference Board's Consumer Confidence Index increased in February, revealing that consumers are less pessimistic about current business and labor market conditions than they were in January.
Tags: consumer confidence, Consumer Confidence Index
ADP Dealer Services and its Digital Marketing group have acquired Autotegrity from Link Ventures and Cogo Labs to expand a facility that’s focused on optimizing the online shopping experience for consumers.
Tags: acquisition, ADP Dealer Services, marketing, Web Marketing
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