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J.D. Byrider announces asset-backed securitization

INDIANAPOLIS – J.D. Byrider, the nation’s leading used car sales and finance enterprise, closed its first asset-backed securitization today. “Entering the securitization market has been our focus for almost a year, and this deal allows us t
May 3, 2012
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Automotive M&A Activity Gained Momentum Despite Challenges in 2011, According to PwC

DETROIT— Automotive mergers and acquisitions (M&A) activity was strong in the first half of 2011 and then tapered off in the second half of the year followingEurope’s sovereign debt crisis and the natural disasters in Japan and Th
May 3, 2012
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AIADA Releases April 2012 Sales Figures for International Nameplate Automobile Industry

Alexandria, VA – The American International Automobile Dealers Association (AIADA) has released April 2012 sales figures for the international nameplate automobile industry. AIADA represents America’s approximately 10,000 international nameplate
May 3, 2012
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Interview with Joe Healy, Internet Director, Lone Star Chevrolet

Lone Star Chevrolet is the number one Chevrolet dealership in overall sales volume nationwide. As for Internet sales units, last year, Lone Star Chevrolet was in the top 100 dealerships nationwide among all brands – boasting 3,000 new and used Inte
May 3, 2012
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Manheim Promotes Joe George to Senior Vice President, Digital and In-Lane Product Development

ATLANTA – As part of its continuing focus on serving customers in any way they choose, Manheim announced the promotion of Joe George to senior vice president, digital and in-lane product development. The new position is an expansion of George’s
May 2, 2012
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Hyundai Implements Throttle Override Capability in Advance of Pending Government Mandate

COSTA MESA, Calif. — Hyundai continues its practice of providing critical safety technologies to its customers well before government mandates come into effect with all models now offering brake pedal electronic throttle override capability.
May 2, 2012
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NADAguides Highlights Top Ten Most Versatile New Cars Under $20,000

COSTA MESA, Calif.– With gas prices rising, NADAguides, the leading provider of vehicle pricing and information, has identified the top ten most versatile vehicles under $20,000 that take value and feature sets into account.  New car sho
May 2, 2012
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Car Tag App Adds Sizzle to Windshield Marketing

CHARLOTTE, NC – Toss the grease pens, markers, die-cut decals and paper hang tags you use to mark pre-owned vehicle inventory. There’s a new idea in town – the first-ever app for creating highly customized, automated windshield marketing —
May 2, 2012
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DealerRater’s Powerful New 360Certi­fied™ Program Launches Nationwide

WALTHAM, Mass.  – DealerRater®, the world’s premier car dealer review web site, has announced national availability of its new comprehensive online reputation and social monitoring platform, 360Certified™. The premium platform is now ava
May 2, 2012