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Dataium: Online Auto Shopping Grows in April

According to Dataium, April online auto shopping continues this year’s positive trend with the number of auto shoppers and searches exhibiting month over month inceases of 21% and 26% respectively. Additionally, the number of leads s
May 8, 2012
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DealerTrack Holdings, Inc. Reports First Quarter 2012 Financial Results

LAKE SUCCESS, N.Y. — DealerTrack Holdings, Inc. (Nasdaq: TRAK) recently reported financial results for the first quarter ended March 31, 2012. GAAP Results for the First Quarter 2012 Revenue for the quarter was $91.6 million, as compared to $7
May 8, 2012
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Mojo Motors Fuels Up for Expansion with $3 Million in Funding for Used Car Buying Platform

NEW YORK — MojoMotors.com, the leading used car deals platform, today announced that it has closed a $3 million funding round with Atlas Venture and existing investors including RPM Ventures, NextView Ventures, and others. Ryan Moore of Atlas
May 8, 2012
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Driving Results

Successful leaders realize that they have a unique obligation to establish a challenging course for their business, to create a new and compelling direction, embrace challenges and establish “BHAGs” that reach for new levels of organization and m
May 8, 2012
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Chrysler Group LLC Recognizes 30 Dealerships for Environmentally-Conscious Operations

AUBURN HILLS, Mich. — Tim Parker Chrysler Dodge Jeep® Ram in Hot Springs, Ark. is one of 30 dealerships that Chrysler Group LLC has recognized for their unwavering commitment to environmentally-friendly and energy-efficient business practices.
May 8, 2012
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Report: Good dealership experience sells more cars than ever

ROCHESTER, Mich. — Foresight Research released its 2012 Dealership Experience Strategy Report.  Automotive research specialists, Foresight interviewed 7,851 new vehicle buyers in the US, finding: As a result of the great recession, the share
May 8, 2012
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Ally Financial Boosts Auto Dealer Credit Lines

DETROIT — Ally Financial is increasing wholesale credit lines for auto dealers to take advantage of the U.S. auto market momentum.  In the first quarter of 2012, Ally proactively expanded wholesale limits for more than 40 percent of its U.S.
May 8, 2012
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Study: Ignoring Auto Recalls Threatens Public Safety

CENTREVILLE, Va. — A new study from Carfax shows that choosing to ignore auto recalls threatens the safety of consumers everywhere. In 2011, over 2.7 million used cars were for sale online with safety recalls that were never fixed. Car owners and s
May 8, 2012
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Dangerous thunderstorms and lightning

Boom! Lightning and your equipment According to the National Weather Service, thereare 1,800 thunderstorms in progress somewhere on the earth at any given moment, which amounts to 16 million storms each year. And with thunderstorms come wind, hail, f
May 7, 2012