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The Conference Board Consumer Confidence Index® Declines in August

NEW YORK — The Conference Board Consumer Confidence Index®, which had improved in July, declined in August. The Index now stands at 60.6 (1985=100), down from 65.4 in July. The Expectations Index decreased to 70.5 from 78.4. The Present Situa
Aug 28, 2012
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DealerSocket Automotive CRM Releases Enhanced Integration With RouteOne Application Network

SAN CLEMENTE, Calif. — Leading automotive dealership CRM, DealerSocket (DealerSocket.com), announced today it has integrated with RouteOne, a complementary, web-based credit application network. Customer and vehicle information can be pushed f
Aug 28, 2012
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Survey Says: American Drivers Want Features That Help Make Them More Aware

DEARBORN, Mich. – According to a new survey commissioned by Ford, most Americans say they consider themselves to be careful drivers but admit they would welcome some extra electronic help when they’re behind the wheel. Even the most attentive of
Aug 28, 2012
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New Car Sales Are Up 48% and Service Jumps 45% at Wiesner of Conroe

As consumer shopping habits change, so too must a dealer’s marketing best practices. The value of traditional mass marketing platforms like TV, print and radio, continue to weaken when compared to targeted and digital mediums like targeted direct e
Aug 28, 2012
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Twin Cities Automotive to acquire LeJeune Investment’s Twin Cities auto dealerships

MINNEAPOLIS — Twin Cities Automotive (TCA), part of the Pohlad Companies, announced that it had signed a purchase agreement with LeJeune Investment, Inc., to acquire its auto dealerships. Included are Carousel Audi and Porsche in Golden Valley, Min
Aug 28, 2012
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Vets Group: Newly adopted 54.5-mpg standard is a national security imperative

Cutting dependence on oil will make U.S. stronger, more secure. Washington, DC – In response to the new national gas mileage standard of 54.5-mpg by 2025, which was adopted today, Operation Free spokesperson Benjamin Lowe released the following sta
Aug 28, 2012
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Isaac Could Spell Trouble for Gas Prices, Car Sales

According to Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book, as tropical storm Isaac continues to barrel toward the Gulf Coast, we should brace for potentially higher gas prices and a decrease in new-vehicle sales.�
Aug 28, 2012
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Manheim Strikes Up a Conversation Through Social Media

Company Seeks Dealer Opinions on its Products, Services and Industry ATLANTA – Manheim recently launched its Facebook page, located at www.facebook.com/Manheim, to gather feedback and respond to customers in preferred channels at a time when automo
Aug 28, 2012
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The Auto Industry Is Changing: Consumers Now Will Name Their Price to Buy a Vehicle

NASHVILLE, TN — SMA Alliance, Inc. (PINKSHEETS: SMAA) is releasing a sneak preview of the company’s highly anticipated technology that will give consumers the upper hand in price negotiations when purchasing a vehicle without legally bind
Aug 28, 2012