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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
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Dealer/GM NewsDigital DealerLead Management & CRMSales & MarketingSales ManagementSales Strategies
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
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
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
Sonic Automotive, Inc. Reports 39% Increase in Third Quarter Continuing Operations Earnings
CHARLOTTE, N.C. — Sonic Automotive, Inc., one of the nation’s largest automotive retailers, today reported that 2011 third quarter earnings from continuing operations were $0.33 per diluted share compared to $0.25 per diluted share i
Oct 25, 2011