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Hertz Receives Request for Additional Information from FTC Regarding Proposed Acquisition of Dollar Thrifty
PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (“Hertz”) this week announced that it has received a request for additional information (“Second Request”) from the Federal Trade Commission (“FTC”) relating to
Aug 18, 2011
KAR Announces Agreement to Acquire OPENLANE
Carmel, IN – KAR Auction Services, Inc. announced that its subsidiary, ADESA, Inc., has signed a definitive agreement to acquire the equity of OPENLANE, Inc., a leading Internet-based business-to-business automotive remarketing company. Peter K
Aug 18, 2011
This Summer Manheim Tops 2 Million Visits to Mobile Site
ATLANTA – Since launching its mobile platform in February 2010, Manheim has received more than 2 million customer visits to its mobile site. In the first six months of 2011 alone, Manheim reached 1 million mobile visits – a feat that took nearl
Aug 18, 2011
Exeter Finance Acquired by Blackstone, Secures $600 Million Line of Credit
IRVING, Texas – Exeter Finance Corp., a specialty auto finance company, announced it has been acquired by Blackstone from Navigation Capital Partners (NCP). Blackstone plans to invest up to $277 million in the transaction. NCP and the Exeter mana
Aug 18, 2011
Southeast Toyota Selects OEConnection’s Online Collision Parts Ordering & Fulfillment Technology
RICHFIELD, Ohio — OEConnection LLC, the leading online parts and service exchange in the automotive industry, announced today that Southeast Toyota Distributors, LLC (SET), the world’ s largest independent distributor of Toyota and Scion
Aug 18, 2011
Tata Motors Approves Rotary Lift SPOA10 and AT07 Lifts Sold by Manatec Electronics
Madison, Ind. – Tata Motors, India’s largest automobile company, has approved two Rotary Lift electric hydraulic lifts for its dealer network. The approved SPOA10-3SA and AT07 two-post lifts are sold in India through Rotary’s distribution part
Aug 18, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Why Don’t They Speak to Me?
A frustration often expressed by salespeople who regularly follow-up on web-generated leads, no matter the source, is not being able to engage the customer in conversation when they reach them. Salespeople often are met with resistance and cannot und
Aug 18, 2011
Study: 14 Million Americans Scanned QR Codes on their Mobile Phones in June 2011
RESTON, VA – comScore, Inc., a leader in measuring the digital world, released results of a study on mobile QR code scanning based on data from its comScore MobiLens service. A QR (“Quick Response”) code is a specific matrix bar code (or tw
Aug 18, 2011
Where Are All the Volt Buyers and Enthusiasts?
According to a story from USA Today, General Motors is starting to see a decrease in the number of consumers interested in its plug-in electric car, the Chevrolet Volt. The story said data from CNW shows consumer interest in the Volt has dropped to 1
Aug 17, 2011