Dealer OPS & Leadership
Is the Economy Starting to Impact Car Buying Again?
According to The Detroit News, some dealers think that last week’s up and down of the stock market is now making some consumers rethink making big purchases like buying a car. One dealer out of Utah feels it is going to hurt his business.
BMW Group Financial Services Partners with Manheim to Create “Real-Time” iPad Remarketing Tool
Woodcliff Lake, NJ – With access to real-time data becoming more critical to remarketing customers, BMW Group Financial Services recently partnered with Manheim on the development of data solutions offered through the iPad. This technology gives BMW Group Financial...
Chase Launches New Financing Program To Benefit Chrysler, Jeep, Dodge and Ram Truck Customers
Garden City, N.Y. – Chase Auto Finance today further enhanced its offerings with the launch of a new consumer financing program available through Chrysler, Jeep, Dodge and Ram Truck dealers across the U.S. Chase's new arrangement with Chrysler to provide retail...
California, Georgia, Kansas, Ohio, Texas, Utah Come Out on Top in InsuranceQuotes.com Review of State-Run Insurance Websites
AUSTIN, Texas -- The state insurance department websites in California, Georgia, Kansas, Ohio, Texas and Utah do the best job of giving consumers access to critical insurance information, according to an InsuranceQuotes.com review of state-run insurance websites...
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 Hertz's proposed acquisition of Dollar Thrifty Automotive...
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 Kelly will continue as...
Dealer.com Adds Mitch Truwit and Marcelo Gigliani of Apax Partners to Board of Directors
Burlington, VT – Dealer.com, the global leader in automotive Internet marketing solutions, today announced that Mitch Truwit and Marcelo Gigliani of Apax Partners will be joining the company’s Board of Directors. Apax Partners recently acquired an approximately 30...
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 nearly all of 2010 to...
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 management team will...
Join us for Digital Dealer Las Vegas 2021