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NewsFebruary 11, 2011

Asbury Names Successor to Retiring Oglesby

The board of directors of Asbury Automotive Group Inc. announced Feb. 10 its succession plan in anticipation of the retirement of President and CEO Charles R. Oglesby on July 31, 2011.

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NewsFebruary 11, 2011

Warrantech and Volvo Ink Vehicle Service Contract Deal

Warrantech Corporation has signed a three-year contract to serve as Volvo Cars North America LLC’s factory-authorized OEM service contract administrator for new and used Volvo cars and light trucks.

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NewsFebruary 8, 2011

Reynolds Offers Free Mobile Website to U.S. Franchised Dealerships

The Reynolds and Reynolds Company today announced that Reynolds Web Solutions will offer its basic mobile Website solution free to all U.S. franchised dealers, regardless of their dealership management system (DMS) or Website provider.

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NewsFebruary 8, 2011

Online Vehicle Shopping Influences Dealership Choice, Says New Study

Consumers who use the Internet to shop for a new vehicle spend an average of 18-19 hours researching new- and used-vehicle purchases, according to the recent Automotive Buyer Influence Study conducted by Polk and AutoTrader.com.

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NewsFebruary 8, 2011

Manheim’s Webb Delivers ‘Upbeat’ Report

Tom Webb, Manheim's chief economist, announced gains in both new- and used-car sales in 2010 but noted that many of the key factors that drive the auto retail market and the economy in general, including employment rate and average household net worth, are not likely to approach pre-recession levels anytime soon.

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NewsFebruary 8, 2011

CUDL Unveils New Dealer Portal Site at 2011 NADA Convention

CUDL, administrators of the nation’s largest auto lending network for credit unions and the CUDL AutoSMART vehicle shopping Website, premiered its new dealer portal Website at the 2011 NADA Convention and Expo.

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NewsFebruary 8, 2011

Dealership Accessory Sales Re-Emerged in 2010

A new accessories trend report, released Saturday at NADA 2011 by izmocars' AddOnAuto (AOA), reveals that accessories sales generated significant profits for dealerships across the country in 2010 and were driven by consumer interest in electronics add-ons and a desire to balance style with economy.

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NewsFebruary 8, 2011

Carfax Expands Marketing Support for Dealers

Carfax is increasing its support of dealers to boost customer traffic and used-car sales. Subscribing dealers have access to an expanded set of free marketing materials from Carfax that influence a car buyer’s dealer choice and build confidence.

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NewsFebruary 8, 2011

Prestige Financial Services, OnlineBKmanager.com Partner to Assist Subprime Dealers

Prestige Financial Services and www.OnlineBKmanager.com have partnered to help dealers efficiently deliver vehicles and supply financing for bankruptcy customers. Through this alliance, Prestige Financial Services’ Dealers Partners can receive a package discount on www.OnlineBKmanger.com services.

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NewsFebruary 8, 2011

DrivingSales Names 2nd Annual Dealer Satisfaction Award Winners

DrivingSales, the auto industry’s largest car dealer social network, announced on Feb. 4 the winners of the second annual DrivingSales Dealer Satisfaction Awards (formerly the Vendor Ratings Awards).

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