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NewsMay 31, 2016

SUV/CUV Loyalty Soars to Record Levels, IHS Automotive Reports

The analysis, which looked at more than 1.9 million return-to-market events during the first quarter, found that 63% of SUV/CUV owners who returned to market for a new vehicle during the first quarter purchased another SUV or CUV.

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NewsMay 31, 2016

Gauss Digital Marketing to Distribute Black Book's Bullseye Prospecting Solution

Black Book's distribution agreement with Gauss Digital Marketing will help expand the footprint of its new Bullseye Prospecting solution, a turnkey platform for dealer marketing campaigns.

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NewsMay 31, 2016

Hearst Autos Names Chief Technology Officer

Hearst Autos has named Ryan Mannion as its chief technology officer. Hearst Magazine announced the formation of Hearst Autos, a collection of its B2B and B2C publications, earlier this month.

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NewsMay 31, 2016

KAR Names Vice President of Autoniq Subsidiary

Nicole Archer has been named vice president of Autoniq, a real-time information provider for dealers, according to the company.

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NewsMay 26, 2016

TradeRev Wins Gold Award in 11th Annual IT World Awards

TradeRev CEO and President Mark Endras announced today that his company’s product, a vehicle appraisal and auctioning system for automotive dealers, was named the Gold winner in Network Products Guide’s 2016 IT World Awards in the Hot Technologies category.

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NewsMay 26, 2016

Toyota, Volkswagen Announce Partnerships With Ride-Hailing Services

Toyota announced a partnership with ride-hailing giant Uber, while Volkswagen forged a pack with lesser-known but reportedly fast-growing Gett. While both OEMs sought out relationships with ride-hailing services, their approach to the partnerships will differ slightly.

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NewsMay 26, 2016

Auto Financing Gaining Traction With Millennials, Study Shows

According to a new study from LendingTree, Millennials currently account for about 34% of total auto finance requests in the nation, a 7% increase from 2013. Memphis, Tenn., Milwaukee, Wis., and St. Louis were the Top Three cities where Millennials are seeking auto financing.

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NewsMay 26, 2016

DRIVIN Raises $7.5 Million in Additional Funding

The company that aims to change the way dealers sell, source, acquire, and deliver used cars announced it has raised an additional $7.5 million in equity capital. Launched in mid-2015, the Chicago-based startup has now raised $17.5 million in funding.

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NewsMay 23, 2016

ADT Names 2016 Dealers’ Choice Award Winners

The publishers of Auto Dealer Today announced the winners of the 12th annual Dealers’ Choice Awards. The awards are based on a comprehensive survey that allowed dealers and dealership personnel to recognize their favorite vendors, suppliers and finance companies in 34 categories.

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NewsMay 19, 2016

DealerRater Releases iOS Version of Mobile App

The app is designed to help dealerships build trust, lower apprehension, and accelerate a successful showroom by allowing employees to communicate with customers earlier in the sales process.

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