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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
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
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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Dealer ManagementDealer/GM NewsDigital DealerExpense ManagementFinance & Insurance NewsInventory ManagementLead Management & CRMSales & Marketing
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
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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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
AutoAlert® Inc. Will Receive Two New Patents for Revolutionary Solution That Helps Auto Dealers Sell More Cars and Services to Existing Customers
IRVINE, CA – AutoAlert,® Inc., the innovator in providing data analytic and lead-generation solutions to auto dealers, said today it had received formal “notice of allowance” for two new U.S. patents. AutoAlert enables auto dealers to uniquely
Oct 19, 2011
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Dealer ManagementDealer/GM NewsDigital DealerFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales & Marketing
Helping Used Vehicle Managers Efficiently Find the ‘Right’ Vehicles
It’s no mystery why many dealerships can’t effectively move the sales needle in their used vehicle departments. The fact is, it’s harder than ever to find used units that are “right” for a store’s market area and profit goals, let alone f
Oct 19, 2011
SEO vs. Search Engine Domination
I may ruffle a few feathers with what I’m about to say. Nobody needs a “yes” man or woman suggesting dealers aren’t getting sold a bill of goods every day. My team and I have had the opportunity to look at many dealer websites across the coun
Oct 19, 2011
GM Develops Mobile Technology That Watches Road Ahead
DETROIT – New technology being developed by General Motors researchers could alert drivers of potentially dangerous driving situations in advance by using small, portable devices to create a wireless safety net. These portable devices are designed
Oct 19, 2011