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Franchised Dealers Realize Big Gains in Used Sales, CNW Reports

Used-vehicle sales in May increased nearly 11% from April, according to CNW. Franchised dealers led the way with a 4.3% increase in sales vs. one year ago, while independents realized a 3.4% increase.

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N.J. Dealer Sues Kia Motors

New Jersey’s Mahwah Kia filed a lawsuit against Kia Motors America. The manufacturer allegedly terminated the store’s franchise agreement for poor performance, but the dealer claims KMA did not make enough inventory available.

RedBumper Releases Auto-Pricing Tool

RedBumper’s new SmartPrice tool will automatically adjust retail prices by analyzing market supply and demand in real time.

Finance Express Goes Mobile

The software maker has released a new app that links to its FEX DMS offering. Users can manage inventory, create customized auction lists and keep tabs on dealership activity and performance.

Values for Used Compacts Could Rise 20 Percent, KBB Reports

In response to rising fuel prices, Kelley Blue Book said today that used, compact-car values could realize the same 20 percent gains seen in 2011. The site advised dealers to stock up now before prices further increase.

In High Demand

The demand for digital marketing tools at NADA 2012 was a tell-tale sign of the industry’s changing attitude toward the Internet.

FordDirect Debuts DealerConnection Elite Website Service

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

Experian Automotive Launches AutoCheck Elite

Experian Automotive has launched AutoCheck Elite, a program for automotive dealers that provides information and insights into the market, vehicles and customers. Launches Advertising Solution announced the launch of Advertising, an integrated automotive advertising solution which pairs paid search and display advertising capabilities with dealers’ inventory and incentives.

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DealerTrack Introduces Inventory Management Platform

DealerTrack announced the introduction of DealerTrack eCarList, an inventory management and merchandising platform that combines live retail market data with historical data to appraise, price and merchandise vehicles.