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Sonic Automotive Reports Parts and Service Revenue Up 3.2%

CHARLOTTE, N.C. — Sonic Automotive, Inc. (NYSE: SAH), one of the nation’s largest automotive retailers, today reported 2012 second quarter earnings from continuing operations of $27.5 million for an 20% increase over the prior year resul
Jul 23, 2012
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Honda Recalls 172,000 Vehicles

According to the National Highway Traffic Safety Administration, America Honda Motor Co. is recalling a little over 172,000 2013 and 2012 model year Acura ILX and Honda CR-V vehicles. The website said there is an issue with the door latch that may ca
Jul 21, 2012
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Avoid Customer Attrition: Sell Tires!

Twenty years ago, I was doing some consulting work for a Chrysler dealership in the Midwest. Day one was simply an on-the-drive observation day, I stood near the advisors to simply watch and listen. Mid-morning, a vehicle approached the service drive
Jul 20, 2012
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Carfax To Receive Patents To Help Insurance Industry

Vehicle History Attributes to Improve Underwriting and Ratings CENTREVILLE, Va. — Carfax, Inc. is pleased to announce that the United States Patent and Trademark Office (USPTO) has published a Notice of Allowance for U.S. Patent Application Se
Jul 20, 2012
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KPMG Survey: U.S. Auto Companies Will Add Employees and Expand Facilities This Year

More Execs Cite Lack of a Qualified Workforce as a Growth Barrier; Most see slowdown in European vehicle sales lingering for at least another 18 months DETROIT — Armed with growing revenues and strong balance sheets, and to keep up with increa
Jul 20, 2012
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Brad Keselowski Racings Helps Cequent Consumer Products Launch New Logo for Laitner “Quality Cleaning Tools” Brand BKR Races #29 Laitner and PlanItDIY RAM at Chicagoland Speedway

SOLON, OH – Parker Kligerman, NASCAR driver of the #29 Laitner Cleaning Tools, PlanItDIY.com BKR RAM Truck will be racing in the Camping World Truck Series at Chicagoland Speedway on Saturday July 21st. There are two reasons Kligerman’s truck is
Jul 20, 2012
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Ally Bank Earns Praise as a Top “Trustworthy” Retail Bank

MIDVALE, Utah — Ally Bank’s customer-centric approach to banking is earning a trusted reputation among consumers and third parties. In addition to ranking among the top five 2011 “Most Trusted Companies for Retail Banking” in
Jul 20, 2012
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Polk Appoints Kathleen Schroeder as Vice President, IS&S Production

SOUTHFIELD, Mich. – Kathleen Schroeder has been appointed vice president, information services and support (IS&S) production at Polk. In her new role, Schroeder will be responsible for U.S. production operations and will join the IS&S Leade
Jul 20, 2012
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Yahoo! Autos Selects Detroit Trading Company as Exclusive Technology Platform

Detroit Trading Company will also act as distributor to its extensive buyer network SUNNYVALE, California & DETROIT, Michigan — Detroit Trading Company has been selected to handle the vehicle inventory and lead operations for Yahoo! Autos, one
Jul 20, 2012