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January 29, 2008 - Industry News

Cars.com to Unveil New Campaign in Super Bowl Debut

Cars.com, an online destination for car shoppers, announced today that it will leverage its February 3 Super Bowl debut to kick off an all-new integrated marketing campaign, "Car Shopping Confidence."

January 29, 2008 - Industry News

CMCDA Reports California Auto Market Worst Since 1999, Not Heading for Collapse

The California Motor Car Dealers Association recently announced that 2007 was the worst year for the California automotive market since 1999.

January 29, 2008 - Industry News

Finance Express Adds Barnett Finance to Its Lender Platform

Finance Express, which operates an online auto finance platform specifically designed for the independent automotive used-car dealer, has added Barnett Finance to its lender platform. Barnett Finance currently serves North Carolina and Virginia, with plans to expand to other states in the near future.

January 29, 2008 - Industry News

Resurgent Auto Finance Selects Fiserv Automotive Solutions for Loan Origination, Remarketing Services

Fiserv Inc., a leading provider of technology solutions, announced that Greenville, S.C.-based Resurgent Auto Finance now uses Fiserv Automotive Solutions' loan origination system and decisioning technology in its nonprime auto financing business.

January 29, 2008 - Industry News

National Buy Here, Pay Here Conference Announced for May

The National Alliance of Buy Here, Pay Here Dealers (NABD) recently announced that it will hold its 10th Annual National Conference on May 6–8, in Las Vegas, Nevada.

January 29, 2008 - Industry News

Study Shows Auto Dealers Predict Modest Increase in 2008 Credit Needs

More small auto and other vehicle dealers participating in a Small Business Research Board (SBRB) poll will seek increases in their lines of credit during 2008, with nearly one-third planning to ask their principal lender to raise their loan limits.

January 22, 2008 - Industry News

ADI Completes First Round of Dealership Workshops

The first of the dealership-exclusive workshops hosted by the Automotive Dealership Institute (ADI) concluded with great attendance.

January 22, 2008 - Industry News

Feds Cut Rate on Weakening Economic Outlook

The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3.5 percent.

January 22, 2008 - Industry News

Bankruptcy Report: Increase Over 2006, Experts Say More to Come

The 4th quarter of 2007 continued the steady up trend in the bankruptcy markets, according to a press release from www.OnlineBKmanager.com.

January 22, 2008 - Industry News

OneCommand Launches Next Generation Mobile-Marketing Campaign for Auto Dealers

OneCommand, formerly known as CallCommand, today announced the release of two-way, interactive mobile marketing for auto dealers, allowing customers to receive and respond to mobile messaging (text, e-mail and cell phone) in real-time.

January 22, 2008 - Industry News

Texas Dealership Demonstrates Sales Profit Increase with 5square's Sales Process Management System

According to 5square.com, it was one year ago that Gorman McCracken Volkswagen in Longview, Texas, switched over to its web-based sales automation system to increase its front-end profit by more than $400 per vehicle.

January 18, 2008 - Industry News

Westlake Financial Enters WY and TN Markets

Westlake Financial Services recently announced its expansion into the Wyoming and Tennessee markets.

January 15, 2008 - Industry News

RouteOne Enters 2008 With 250 Finance Sources, Adds Union Bank & Trust

RouteOne LLC recently announced that it enters the new year with 250 finance sources signed to its Web-based credit application management system, which is up nearly 75 percent from early 2007.

January 15, 2008 - Industry News

XpressCredit Announces New Business Development Manager

XpressCredit recently announced that Richard Weaver has joined the firm as a business development manager.

January 15, 2008 - Industry News

Fiserv Announces Executive Appointment

Fiserv, Inc., a leading provider of information management systems and services, recently announced that Richard K. Jones will join the company as executive vice president and Chief Information Officer.

January 15, 2008 - Industry News

DataOne Software Launches Product Training Video Website for Auto Dealers

DataOne Software recently launched DataOneTube, a video portal that lets auto dealers view, upload and share DataOne Software product tutorials and best practices videos.

January 15, 2008 - Industry News

OneCommand Announces New Marketing Tool for Auto Dealers

OneCommand, formerly known as CallCommand, recently announced the release of its new technology platform OneConnect.

January 15, 2008 - Industry News

5square.com Hires Gene Holmes as Senior Account Executive

5square recently announced that retail automotive veteran Gene Holmes has joined the company as senior account executive for the Northeast United States.

January 14, 2008 - Industry News

Prestige Financial Announces Annual True Partnership Winners

For the second consecutive year, Earnhardt Auto Centers in Phoenix and Dallas-based DriversSelect are tops among 12 recipients of Prestige Financial's annual “True Partnership” award.

January 8, 2008 - Industry News

Survey Says Fewer Consumers Expect to Pay Down Debt in '08

In its third annual survey, TransUnion's TrueCredit.com commissioned GfK Roper Public Affairs & Media to assess Americans' thoughts about their finances at the turn of the New Year.

January 8, 2008 - Industry News

Auto Loan Delinquencies on the Rise

Growing stress in the housing sector and more lenient underwriting standards have contributed to indirect auto loan delinquencies jumping to a 16-year high, according to the American Bankers Association (ABA).

January 8, 2008 - Industry News

Customer Acquisition Site Now Available in Spanish

With the Latino market becoming one of the fastest-growing segments in the auto industry, www.igotmycar.com announces the launch of a Spanish version of its customer/dealer matching service.

January 7, 2008 - Industry News

“Subprime” Voted 2007 Word of the Year by American Dialect Society

In its 18th annual words of the year vote, the American Dialect Society voted “subprime” as the Word of the Year. As ADS defines it, subprime is an adjective used to describe a risky or less-than-ideal loan, mortgage or investment.

January 7, 2008 - Industry News

Auto Dealer Traffic Announces New Search Engine Service

Auto Dealer Traffic, Inc. recently announced the launch of SEO 365, a new performance-based search engine optimization (SEO) service for auto dealers.

January 7, 2008 - Industry News

Leedom Group Launches ACH Collector

ACH Collector is the latest addition to the Leedom Group's growing list of product offerings. It is designed to enhance profitability for buy-here pay-here operators by taking full advantage of the technology their customers are already using.