Dealer OPS & Leadership
UAW-Chrysler Group National Labor Agreement Ratified by Members
Auburn Hills, Mich. - Chrysler Group LLC confirmed this week that a new national labor agreement, covering 26,000 employees, has been ratified by the UAW-represented workforce in the U.S. New four-year labor agreement continues Company’s forward progress Chrysler...
Mobile Banking App Usage in the U.S. Increases 45%
RESTON, VA - comScore, Inc., a leader in measuring the digital world, released an analysis of mobile financial services usage in the U.S. showing that 32.5 million Americans accessed mobile banking information on their devices at the end of Q2 2011 in June,...
The Conference Board Consumer Confidence Index® Declines
NEW YORK -- The Conference Board Consumer Confidence Index®, which had slightly improved in September, declined in October. The Index now stands at 39.8 (1985=100), down from 46.4 in September. The Present Situation Index decreased to 26.3 from 33.3. The Expectations...
I Have Flying Monkeys and I’m Not Afraid to Use Them
It appears that most dealers have mentally accepted the fact that they need to embrace the digital age. The interesting disconnect is that many dealers are still only allocating 20%-30% of their advertising budget to the digital side of the equation. The dealers want...
Complete Client Portfolio Management Tool Helps Paragon Honda-Acura Sell 95 Additional Units a Month from Existing Customer Base
IRVINE, CA, October 26, 2011 -- Paragon Honda-Acura, a Queens, NY-based dealership is selling 95 additional units a month from its existing customer base by using portfolio lead management software from AutoAlert, Inc.™ “It’s like we’ve created a store within a store...
Cobalt® Announces Google AdWords Premier SMB Partner Status
SEATTLE, WA – Cobalt®, a business unit of ADP Dealer Services (NASDAQ: ADP), today announced that it has been named a Google AdWords™ Premier SMB Partner. Cobalt is one of the first automotive marketing solution providers to achieve this distinction, and meets...
Dollar Thrifty Announces Issuance of $400 Million of Medium-Term Asset Backed Notes
TULSA, Okla. -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) (the "Company") announced that its Rental Car Finance Corp. subsidiary ("RCFC") completed the private placement of $400 million of Series 2011-2 asset backed medium-term notes. In connection with the...
Edmunds.com: One Year After Brand’s Death, Pontiac Owners Show Loyalty to GM
SANTA MONICA, Calif. — One year after the last remaining Pontiac dealers shut down for good on October 31 2010, General Motors has managed to maintain – and even grow – the loyalty rate of former Pontiac owners, according to data analyzed by Edmunds.com, the premier...
Open Dealer Exchange, LLC Unveils Enhanced Website
TROY, Mich. – Open Dealer Exchange, LLC, a technology leader that streamlines the automotive buying process for lenders, F&I product providers and dealers, is pleased to unveil its newly redesigned website, www.opendealerexchange.com. The enhanced site highlights...
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