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Used Vehicle Retail Revenues up 19% at Asbury
DULUTH, Ga. — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., reported adjusted income from continuing operations for the third quarter 2011 of $14.3 million, or $0.44 per dilu
Oct 27, 2011
Group 1 Retail Used Vehicle Gross Profit Increased 4.9%
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 27, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Study Finds Notable Increase in Use of Smartphones for Automotive Shopping on the Internet
WESTLAKE VILLAGE, Calif. — The proportion of vehicle shoppers who use smartphones to access automotive information on the Internet has increased by more than 40 percent from 2010, according to the J.D. Power and Associates 2011 Automotive Mobil
Oct 27, 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
Used Prices to Drive New Car Sales in Fourth Quarter
MCLEAN, Va. — Above average trade-in values for used cars are expected to increase new vehicle sales in the fourth quarter, says Jonathan Banks, senior analyst with the National Automobile Dealers Association (NADA) Used Car Guide. “We ex
Oct 21, 2011
AuctionTime.com Conducting 9 Online Auctions Through the End of 2011
LINCOLN, Neb. — AuctionTime.com, your source for farm equipment, construction equipment, truck and trailer online auctions, is hosting 9 online auctions on Wednesdays throughout the rest of 2011. Auctions end every Wednesday on AuctionTime.com
Oct 21, 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
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Zonar Celebrates 10 Years of Innovation
SEATTLE, Wash. – In October 2011, Zonar marked its 10th anniversary of providing customers with innovative fleet management solutions. Zonar began with the simple idea of improving commercial vehicle safety through technology. The company’s found
Oct 19, 2011