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KAR Announces Closing of OPENLANE Acquisition

Carmel, IN – KAR Auction Services, Inc. announced that it has successfully completed the acquisition of  OPENLANE, Inc. OPENLANE is a North American  online automotive auction company that provides a market for online buyers and sellers of wh
Oct 6, 2011

Mercedes-Benz CPO Sales Down 8.6%

The Mercedes-Benz Certified Pre-Owned (MBCPO) program sold 5,707 vehicles in September 2011, a decrease of -8.6%.  On a year-to-date basis, MBCPO sold 57,359 vehicles, a decrease of -5.9% over the comparable period last year.
Oct 6, 2011

Pandora Hits the Road with Toyota

OAKLAND, Calif. — Pandora, the leading personalized radio service, revealed that automotive partner Toyota is now offering an embedded version of Pandora on the 2012 Camry and 2012 Tacoma. The Camry is America’s best-selling car(i) and th
Oct 6, 2011

Nissan and Infiniti Dealers to Offer 3-Month SiriusXM Subscription on All Pre-Owned Vehicles with Factory-Installed Satellite Radios

NEW YORK — Sirius XM Radio announced that participating Nissan and Infiniti dealerships across the United States will give customers a 3-month subscription to SiriusXM when they purchase any pre-owned vehicle from the satellite radio-equipped i
Oct 6, 2011

Report: 2011 New Credit Growth Highest in Two Years

ATLANTA — Equifax’s latest National Credit Trends Report indicates that the credit cycle has turned as new credit growth continues, with higher loan volumes on a 2011 year-to-date basis for multiple lending markets including: Automotive,
Oct 6, 2011

Average Unique Visitors to Websites in September 2011: 2,724

According to a data from Dataium, the conversion rate of the average unique visitor to shopper was up 49% during the month of September 2011. This information is based on statistics for national automotive Internet behavior for September 2011. Below
Oct 6, 2011

Used-Car Dealers and Dealerships Can Win More with Manheim’s New Mobile Promotion

ATLANTA – By unleashing the power of the all-new Manheim App, available on Apple iPhones® and Google AndroidTM smartphones, dealers will have even more opportunities to win with Manheim through a new promotion for customers using mobile tools.
Oct 5, 2011

comScore Reports August 2011 U.S. Mobile Subscriber Market Share

RESTON, VA – comScore, Inc., a leader in measuring the digital world, released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry during the three month average period ending August 2011. The study su
Oct 5, 2011

Audatex North America, Inc. Announces the Launch of its Next-Generation Reporting and Analytics Tool for Collision Repair Facilities

SAN DIEGO — Audatex North America, Inc., the leading global provider of software and services to the automobile insurance claims processing and collision repair industry, today announced the launch of Audatex Insight for Repair Facilities. Auda
Oct 3, 2011