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New Start-Up Rewards Lease Customers for Returning Their Cars to Select Dealers

NEW YORK — CashBackLease.com, a website dedicated to assisting franchised car dealers increase their pre-owned inventory, officially launched last month. The site offers BMW/Audi/Lexus lease customers a cash incentive for returning their le
Apr 25, 2012
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AutoNation Reports All-Time Record Quarterly EPS from Continuing Operations

FORT LAUDERDALE, Fla. — AutoNation, Inc., America’s largest automotive retailer, has reported 2012 first quarter net income from continuing operations of $74 million, or $0.56 per share, compared to net income from continuing operations o
Apr 25, 2012
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Study: For Display Ads, Being Seen Matters More than Being Clicked

SAN FRANCISCO and RESTON, VA – comScore, Inc., a leader in measuring the digital world, and Pretarget, the intent targeting company, today released results of an online advertising study which found that ad viewability and hover time are more stron
Apr 25, 2012
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The Conference Board Consumer Confidence Index® Virtually Unchanged

NEW YORK — The Conference Board Consumer Confidence Index®, which had declined slightly in March, was virtually unchanged in April. The Index now stands at 69.2 (1985=100), down slightly from 69.5 in March. The Expectations Index declined to 8
Apr 25, 2012
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Mobile Local Search Volume Will Surpass Desktop Local Search in 2015

CHANTILLY, Va. – Mobile local search volume will surpass desktop local search for the first time in 2015, according to BIA/Kelsey. By 2016, the firm expects mobile local search to exceed desktop local search by more than 27 billion annual queries.
Apr 25, 2012
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FEX Announces Integration with TCN

Rancho Santa Margarita, CA — Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that they have built an integration with TCN within their FEX DMS platform. TCN,
Apr 24, 2012
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Analysts Predict Redesigned Nissan Altima Could Be Best-Selling Family Sedan by End of 2012

CHICAGO — Analysts at Cars.com, the premier online resource for buying and selling new and used vehicles, are predicting a significant increase in sales for the newly redesigned 2013 Nissan Altima, which could make the Altima the best-selling s
Apr 24, 2012
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Today’s Dealership Demand Outstrips Supply

How long will this imbalance last? Over 340 people attended my NADA workshop dedicated to the current buy/sell market. Based on that attendance level and the confident mood at NADA, it appears deal making is back. So, if dealers are in deal mode, why
Apr 24, 2012
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US Auto Lease Volume Growing Rapidly as Consumers Return to Dealers’ Lots

ATLANTA and NEW YORK— New separate auto loan and lease data from CreditForecast.com, a leading provider of consumer credit data and forecasts, shows that most consumers looking to buy a new vehicle are still financing their purchases with loans
Apr 24, 2012