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Mobile Banking App Usage in the U.S. Increases 45%

RESTON, VA – comScore, Inc., a leader in measuring the digital world, released an analysis of mobile financial services usage in the U.S. showing that 32.5 million Americans accessed mobile banking information on their devices at the end of Q2
Oct 27, 2011
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The Conference Board Consumer Confidence Index® Declines

NEW YORK — The Conference Board Consumer Confidence Index®, which had slightly improved in September, declined in October. The Index now stands at 39.8 (1985=100), down from 46.4 in September. The Present Situation Index decreased to 26.3 fro
Oct 26, 2011
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I Have Flying Monkeys and I’m Not Afraid to Use Them

It appears that most dealers have mentally accepted the fact that they need to embrace the digital age. The interesting disconnect is that many dealers are still only allocating 20%-30% of their advertising budget to the digital side of the equation.
Oct 26, 2011
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Complete Client Portfolio Management Tool Helps Paragon Honda-Acura Sell 95 Additional Units a Month from Existing Customer Base

IRVINE, CA, October 26, 2011 — Paragon Honda-Acura, a Queens, NY-based dealership is selling 95 additional units a month from its existing customer base by using portfolio lead management software from AutoAlert, Inc.™ “It’s like we’ve
Oct 26, 2011
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Cobalt® Announces Google AdWords Premier SMB Partner Status

SEATTLE, WA – Cobalt®, a business unit of ADP Dealer Services (NASDAQ: ADP), today announced that it has been named a Google AdWords™ Premier SMB Partner. Cobalt is one of the first automotive marketing solution providers to achieve this distinc
Oct 26, 2011
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Dollar Thrifty Announces Issuance of $400 Million of Medium-Term Asset Backed Notes

TULSA, Okla. — Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) (the “Company”) announced that its Rental Car Finance Corp. subsidiary (“RCFC”) completed the private placement of $400 million of Series 2011-2 asset back
Oct 26, 2011
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Edmunds.com: One Year After Brand’s Death, Pontiac Owners Show Loyalty to GM

SANTA MONICA, Calif. — One year after the last remaining Pontiac dealers shut down for good on October 31 2010, General Motors has managed to maintain – and even grow – the loyalty rate of former Pontiac owners, according to data analyzed by E
Oct 26, 2011
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Open Dealer Exchange, LLC Unveils Enhanced Website

TROY, Mich. – Open Dealer Exchange, LLC, a technology leader that streamlines the automotive buying process for lenders, F&I product providers and dealers, is pleased to unveil its newly redesigned website, www.opendealerexchange.com. The enhan
Oct 26, 2011
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Lincoln Luxury Models to Include Pandora

OAKLAND, Calif. — Pandora (NYSE: P), the leading personalized radio service, is now a standard feature on three popular luxury Lincoln models: the MKZ, MKZ Hybrid and the Navigator. The vehicles arrived on dealer lots inSeptember 2011. Linco
Oct 26, 2011