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Blue Book Market Report: Used-Car Values Drop 2%

According to the  Blue Book Market Report – JULY 2012, Used-car values dropped more than 2 percent in June, the second consecutive monthly decline since values leveled off in early April. This month’s report includes: USED-CAR MARKET ANALYSIS Dr
Jul 20, 2012

AutoNation Reports Used Vehicle Revenue Up in 2012

AutoNation Reports All-Time Record Quarterly EPS from Continuing Operations FORT LAUDERDALE, Fla. — AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, today reported 2012 second quarter adjusted net income from continuin
Jul 20, 2012

Capital One Reports: Period-End Loans in Auto Finance Grew 7%

Both first and second quarter 2012 results were significantly impacted by acquisition accounting impacts and other items MCLEAN, Va. — Capital One Financial Corporation (NYSE: COF) today announced net income for the second quarter of 2012 of $9
Jul 20, 2012
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DealerTrack Announces Agreement to Acquire 1st Auto Transport Directory

Leading Network that Facilitates Vehicle Transportation for Dealers Added to DealerTrack’s Comprehensive Solution Set Lake Success, N.Y. ─ Expanding its range of solutions and services for the automotive retail industry, DealerTrack announced an
Jul 19, 2012
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Consumer Credit Default Rates Decreased for the Sixth Consecutive Month

New York the Only MSA Where the Default Rate Increased NEW YORK — Data through June 2012, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in
Jul 19, 2012
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Digital Air Strike™ and iMagicLab Collaborate on Seamless Response Logix® Lead-management CRM Integration for US Auto Dealers

Deep integration delivers increased functionality and streamlined sales process with Response Logix and iMagicLab. Sunnyvale, CA – Digital Air Strike™ and iMagicLab announced a partnership that gives dealerships that utilize the Response Logix an
Jul 19, 2012

JP Morgan Chase Reports: Average Auto Loans Up 3%

New York – JPMorgan Chase & Co. (NYSE: JPM) recently reported second-quarter 2012 net income of $5.0 billion, compared with net income of $5.4 billion in the second quarter of 2011. Earnings per share were $1.21, compared with $1.27 in the
Jul 19, 2012

PBS or Fox? Tweeting or not? Survey finds drivers share more than just insurance companies

Foster City, Calif. – A new analysis by Insure.com shows how car insurance companies attract customers who share similar habits and tastes. Insure.com analyzed data from its “Best Insurance Companies” survey, which provides customer satisfactio
Jul 19, 2012
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Auto Data Direct Improves Access to Real-Time Motor Vehicle Records

TALLAHASSEE, Fla. — Auto Data Direct, Inc. (ADD) today announced it has added Arizona motor vehicle records to its DMV123 program for qualified companies.  With access to 27 state databases, ADD offers a single platform to more real-time recor
Jul 19, 2012