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February 16, 2012

Auto Retail Leads Other Industries in Customer Service, Study Finds

A study by Maritz Research CEBenchmarks revealed that the auto industry outperforms several other industries when it comes to providing a quality customer service experience.

Tags: customer retention, customer reviews, Customer Service

February 15, 2012

Vehicle Dependability at Historic Highs, Reports J.D. Power

A study by J.D. Power and Associates revealed that strong initial quality of 2009 model-year vehicles translated into historically high levels of vehicle dependability in 2012.

Tags: J.D. Power and Associates, vehicle quality

February 15, 2012

RouteOne Introduces Compliance Dashboard

RouteOne LLC introduced the Compliance Dashboard, a free tool that provides dealers with a visual assessment of the dealership's compliance status for all applicable deals.

Tags: business tools, Compliance, dealer, digital compliance

February 14, 2012

Asbury Records $5.2 Million Revenue Increase in 4Q 2011

Asbury Automotive Group Inc. reported adjusted income from continuing operations for the fourth quarter 2011 of $17 million, up from $12.2 million during fourth quarter 2010.

Tags: Asbury Automotive, dealer, revenue

February 14, 2012

Dealer Count Inched Up in 2011, Urban Science Reports

A report by Urban Science revealed that as of Dec. 31, 2011, there were 17,767 dealerships in the United States, a 0.6 percent increase year over year.

Tags: franchised dealerships, independent dealerships, Urban Science

February 14, 2012

Auto Affordability Improved in 4Q 2011, Comerica Bank Reports

A report by Comerica Bank indicated that the purchase and financing of an average-priced new vehicle took 23.1 weeks of median family income in the fourth quarter of 2011, the best affordability reading since the third quarter of 2009.

Tags: auto affordibility, Comerica Bank

February 14, 2012

GM Selects Auto Point as Plus-Up Vendor

Auto Point Inc. was selected by General Motors as a Customer Sales and Service Retention (CSSR) Plus-up Vendor for an important segment of GM customers.

Tags: Auto Point, customer retention, General Motors

February 14, 2012

Artificial Intelligence Tool Closing Leads

After reviewing data in January from eight randomly selected users of its Automated Virtual Assistant, AutoFerret.com found that its artificial intelligence technology averaged a closing rate of 28.7 percent.

Tags: AutoFerret, closing rates, lead generation

February 14, 2012

Auto/Mate Updates Fixed-Ops Module

Auto/Mate Dealership Systems announced it has added Automated Dispatch and Electronic Repair Order functions to the fixed-operations module in its dealership management system software.

Tags: Auto/Mate, dealership management system, DMS, fixed operations, repair orders

February 14, 2012

Paint Protection Ranks No. 1 in Dealer Profits, Study Finds

Izmocars’ annual AOA Auto Accessories Trend Report revealed that dealerships continued to generate solid profits from accessory sales in 2011.

Tags: accessories department, accessories selling, Accessory Market, F&I products, izmocars

February 14, 2012

AUL Corp. Partners With Ace on “BHPH in A Box" Program

AUL Corp. announced an expansion of its service-contract relationship with Ace Motor Acceptance Company (AMAC), a subprime finance source in Charlotte, N.C.

Tags: AUL Corp., BHPH, buy-here, pay-here, service contracts

February 13, 2012

Agent Summit 2012 Agenda Released

The preliminary agenda for the second annual Agent Summit, scheduled for March 12–14, 2012, at Caesars Palace in Las Vegas, has been released.

Tags: Agent Summit, general agents

February 9, 2012

Auction Genius Launches at NADA

The 2012 NADA convention marked the culmination of four years’ of planning, research and development for Todd Kinzle, president of Auction Genius, and his software development team.

Tags: Auction Genius, auto auctions

February 9, 2012

Inilex Showcases Recovery, Tracking Devices

Michael Maledon, president and CEO of Chandler, Ariz.-based Inilex Inc., traveled to last weekend’s NADA convention to showcase his company’s SkyLINK device and SkyLINK Protect service, which he described as the “next generation” of vehicle-recovery and –tracking technology.

Tags: Inilex, vehicle recovery, vehicle tracking solutions

February 9, 2012

FordDirect Debuts DealerConnection Elite Website Service

FordDirect announced the launch of its new website solution for Ford and Lincoln Dealers, DealerConnection Elite.

Tags: automotive SEO, dealer websites, Ford, FordDirect, Internet leads, inventory, lead generation, Lincoln, mobile solution, Web tools

February 9, 2012

FordDirect Launches DealerConnection Video Showroom

FordDirect, a joint venture between Ford Motor Company and its franchised dealers, launched DealerConnection Vehicle Showroom (VSR). The solution is based on SiSTeR's Technologies' VSHOC and Publisher platform.

Tags: Ford, FordDirect, Lincoln, online reputation management, Social Media

February 9, 2012

Dealer.com Updates SocialRelationship Manager

Dealer.com unveiled an enhanced version of its SocialRelationship Manager (SRM) solution, which aggregates every major online social media channel into a single-login access page called ControlCenter.

Tags: Dealer.com, online reputation management, Social Media, Web tools

February 9, 2012

Dealer.com Launches Digital Website Suite

Dealer.com announced the launch of Dealer.com Digital Website Suite, an integrated marketing solution that offers tools for video, mobile, enhanced inventory merchandising and management, analytics and reporting.

Tags: Dealer.com, dealership marketing, digital marketing, marketing, Web Marketing

February 9, 2012

Manheim Releases Annual Used-Car Market Report

Manheim Consulting’s 17th annual report on the used-car market revealed that auto manufacturers, rental car companies, lenders and dealers increased revenues and earnings in 2011 despite a weak economic backdrop.

Tags: Manheim, used vehicles, used-vehicle sales

February 9, 2012

CUDL, OVE.com, GE Capital Fleet Services Launch Online Buying Network

CUDL announced a new initiative with Manheim’s OVE.com (Online Vehicle Exchange) and GE Capital Fleet Services that will offer a new online vehicle buying program to CUDL’s dealer network.

Tags: CUDL, GE Capital, Manheim, OVE.com, remarketing

February 9, 2012

Experian Automotive Launches Market Data Tool

Experian Automotive announced the launch of Velocity, an online business intelligence tool that combines automotive data with advanced analytics, enabling automotive professionals to better understand the market, vehicles and consumers.

Tags: automotive data, Experian, Internet

February 9, 2012

VW Credit’s Stuart Named Chair of AFSA Vehicle Finance Division

The American Financial Services Association (AFSA) named Andrew Stuart as chair of the trade group's Vehicle Finance Division Advisory Board.

Tags: AFSA, AFSA Vehicle Finance Conference, American Financial Services Association, VW Credit

February 9, 2012

HookLogic Integrates Polk Intelligence

HookLogic announced it will integrate Polk's predictive lead scoring and segmentation data into version 2.0 of its Lead to Show solution for automotive dealers.

Tags: HookLogic, incentives, Internet leads, lead generation, lead management, Polk

February 9, 2012

Westlake Announces 2011 Top Auctions

Westlake Financial Services named Norwalk Auto Auction as its overall 2011 Auction of the Year.

Tags: auto auctions, Norwalk Auto Auction, Westlake Financial Services

February 9, 2012

Economy, Aging Vehicles Drive ‘Do-It-Yourselfers,’ AutoMD.com Reports

The economy and aging vehicle population continues to spur more car owners to do more of their own auto repairs, according to AutoMD.com’s 2012 DIY Report.

Tags: AutoMD.com, consumer buying habits, vehicle maintenance

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Mad Marv

Marv Eleazer
Longing, Not Loathing

By Marv Eleazer
The magazine’s from-the-trenches blogger describes how his days as a spitfire preacher influenced his style in the F&I office — and not the way you might think.

Sales Driver

Cory Mosley
Execution Plan

By Cory Mosley
The magazine’s sales expert explains how you can plan and execute long-term strategies without losing sight of your day-to-day responsibilities.

On the Point

Jim Ziegler
Stop That Train!

By Jim Ziegler
‘Da Man’ gets a little reflective about his recent surgery before regaining form and doing what he does best.

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