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Asbury Automotive Group Announces New $900 Million Senior Credit Facility
DULUTH, Ga. — Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today announced that it has entered into a new $900 million five-year syndicated credit facility with nine financial institutio
Oct 20, 2011
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Deloitte Consumer Spending Index Sinks to Lowest Level Since May 2009
NEW YORK — The Deloitte Consumer Spending Index (Index) plunged in September to its lowest level since May 2009, primarily due to a significant fall in home prices and deterioration in real wages. The Index tracks consumer cash flow as an
Oct 20, 2011
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Environmental Organizations Asking Dealers to Stop Delaying New Fuel Efficiency Standards
WASHINGTON — The CEOs of eight top U.S. environmental, science and public interest organizations are calling on the National Automobile Dealers Association (NADA) to drop its efforts to delay new fuel efficiency and auto pollution standards. On
Oct 20, 2011
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Chrome Systems’ PaymentDriver Solution Deployed by NADAguides
Portland, Ore. ─ Chrome Systems, Inc., a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK), and a leader in managing automotive data, today announced that NADAguides, the largest publisher of vehicle pricing and information for new and used
Oct 20, 2011
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Inspect What you Expect (and Other Clichéd Lessons your Managers have Forgotten)
Last month I visited a dealer-client to conduct a full-day, deep-dive into their digital marketing and Internet sales processes. The store had been reporting erratic results (up a little one month, down a lot the next), which is usually indicative of
Oct 20, 2011
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New 2012 Fiat 500 Named Top Safety Pick by Insurance Institute for Highway Safety
Auburn Hills, Mich. – The 2012 Fiat 500 has been named a “Top Safety Pick” for 2011 by the Insurance Institute for Highway Safety (IIHS). The new Fiat 500 joins eight Chrysler Group models that are Top Safety Picks by the IIHS for 2011.
Oct 20, 2011
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NADAguides Offers 15-Day Free Trial of CONNECT Online Vehicle Pricing and Management Tool
COSTA MESA, Calif. —NADAguides, the leading online provider of vehicle pricing and information, and the most relied upon resource for pricing and valuation data, announces a 15-day free trial of CONNECT; its robust marine, powersports and recre
Oct 20, 2011
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VIN Viper® Publishes New iPhone Update
CHARLESTON, S.C. — Selig Technologies, LLC (“SeligTech”), an automotive industry mobile software provider, is proud to announce the release of a major update for its iPhone VIN scanning and appraising app. VIN Viper’s mobile
Oct 19, 2011
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Women Car-Buyer Survey Results Announced
BELMONT, CA — BlogHer, Inc., the premium cross-platform media network and publisher for women, announced the results of “Put Her in the Driver’s Seat,” at the JD Power & Associates 2011 Automotive Internet Roundtable in La
Oct 19, 2011