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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
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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
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Summer Incentive Season: Cars.com Names 2011 Deals to Buy Now
CHICAGO — New car buyers looking for all the bells and whistles at a reduced cost should buy now, according to the editors at Cars.com, a leading online resource for new and used car buyers and sellers. To help shoppers identify what to buy, th
Aug 16, 2011
New Dealer-to-Dealer Portal, WholeSaleCall.com, Helps Auto Dealerships Maximize Wholesale Profits with Real-Time Offers and Bidding on Trade-Ins/Aged Units
WESTLAKE, Ohio — One of the biggest challenges for automobile dealerships is coming to an agreement with consumers on the market value of a trade-in. WholeSaleCall.com (http://wholesalecall.com), a new dealership-to-dealership website, allows d
Aug 16, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Automaker Recalls Certain Midsized Vehicles
According to The Wall Street Journal, General Motors is recalling certain 2012 Chevrolet Impala and 2012 Buick LaCrosse vehicles to fix a problem with the electronic stability control. The story said the recall includes more than 14,000 vehicles.
Aug 15, 2011
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
NHTSA Opens Investigation into BMW Vehicles
BMW is under fire from the National Highway Traffic Safety Administration for vehicles that may roll away, according to The Detroit News. The story said the investigation includes 120,000 2002-2007 BMW 7-series vehicles. NHTSA started to get complain
Aug 15, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Kbb.com: New-Car Sales, Leasing Slumps to Impact Used-Car Values for Years to Come
IRVINE, Calif.– Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, predicts that the new-car sales and leasing slumps of recent years will impact used-car values for years to come. Current supply reductio
Aug 12, 2011
Hertz Extends Exchange Offer to Acquire Dollar Thrifty
PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (NYSE: HTZ) (“Hertz”) announced that it has extended the expiration date of its exchange offer for all outstanding shares of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) (“Do
Aug 12, 2011