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Finance & Insurance News
DealerApp Vantage Executives Share How to Use Mobile Apps to Increase Customer Loyalty, Retention and Profits
Ed Louis, CEO and co-founder of DealerApp Vantage and Garland Webb, president and co-founder of DealerApp Vantage, are sharing their expertise with automotive dealers and managers on how to use mobile apps to increase customer loyalty, retention and
Mar 1, 2012
Manheim Completes Purchase of Dealers Services Corporation
ATLANTA – Manheim has completed, on schedule, its planned purchase of Dealer Services Corporation (DSC), which reinforces its commitment to provide inventory financing to independent dealers. DSC is a used vehicle floor plan company for independen
Mar 1, 2012
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Finance & Insurance News
Yelp Manager Explains How To Use Yelp to Manage Online Reputation
Darnell Holloway, Yelp’s manager of local business outreach, is sharing his expertise with automotive dealers and managers on Yelp and the dealership. Word-of-mouth is moving online, and user generated content websites like Yelp.com are becoming in
Mar 1, 2012
TrueCar.com: New Car Transaction Prices Rise in February 2012
SANTA MONICA, Calif. — TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,605 in February 2012, up $1,943 (6.8 percent) from Febru
Mar 1, 2012
Consumer Reports Automaker Report Cards 2012: Subaru Drives Into Top Spot as Honda Slips
YONKERS, N.Y. — Riding a wave of impressive redesigned models in the last few years, Subaru for the first time has earned the top score in Consumer Reports automaker report cards for 2012. Subaru’s score of 75, two points higher than last
Feb 29, 2012
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Dealer ManagementDealer/GM NewsDigital DealerFinance & Insurance NewsLead Management & CRMPre-Owned Sales & Marketing StrategiesSales & MarketingSales ManagementSales Strategies
Why Does your Team Still Stink at Maximizing Inbound Phone Calls?
Ask every dealer you know if they’d prefer a phone up or an email lead and 99% will say “phone up hands down.” This makes sense, since a phone up is usually lower in the purchase funnel and (when handled properly) delivers a much higher closing
Feb 29, 2012
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Finance & Insurance News
CarFinance Capital Secures $200 Million Credit Facility
Irvine, CA – CarFinance Capital LLC, a specialized provider of non-prime financing for auto dealers, today announced that it has secured a $200 million warehouse credit facility. The new credit line, which is provided by Deutsche Bank and Credit
Feb 29, 2012
DealerTrack Announces Pricing of Private Offering of $175 Million of 1.50% Senior Convertible Notes
NEW YORK — DealerTrack Holdings, Inc. (“DealerTrack”) announced the pricing of its private offering of $175 million aggregate principal amount of 1.50% senior convertible notes due 2017 (the “Notes”) to be sold to quali
Feb 28, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Dealers upselling more F&I products with MyStar™ Personal Assistant program
Dallas, TX –Since the Finance and Insurance Department is one of the most valuable profit generators at any auto dealership, finding new ways to “unlock” customers and keep the average PVR high is paramount. That’s why MyStar™ Personal Assi
Feb 28, 2012