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Ford’s New MyKey Do Not Disturb Technology Helps Teens Stay Connected to Driving, Not the Phone

DEARBORN, Mich. — Ford will become the first automaker to allow parents to block their teens from receiving phone calls and deter text messages while driving with a new MyKey®  Do Not Disturb technology that launches on the Ford Explorer in
Oct 27, 2011

Online Auto Insurance: Allstate Acquisition Signals Shift in Sales Approach

LOS ANGELES — Allstate Insurance’s recent announcement that it has wrapped up its acquisition of Esurance and Answer Financial highlights ongoing changes in the way consumers are shopping for auto coverage—and the opportunities those ch
Oct 27, 2011

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

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

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

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

Localeze Improves Auto Dealer Business Listings for Edmunds.com’s New Dealer Directory for Used Cars

VIENNA, Va. – Localeze, the largest business listings identity management provider for local search, today announced it is supplementing online local business listings for automotive resource Edmunds.com’s newly launched used car dealer
Oct 26, 2011

Asbury New Vehicle Gross Profit Increased 12%

DULUTH, Ga. — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the third quarter 2011 of $14.3 million, or $0.44 per
Oct 26, 2011

Group 1 Automotive Reports Total Revenue Up 7.4.%

HOUSTON — Group 1 Automotive, Inc. a Fortune 500 automotive retailer, reported a third-quarter adjusted net income increase of 23.6 percent to $23.8 million, or $1.04 per diluted share, for the period ended Sept. 30, 2011. This compares to adju
Oct 26, 2011