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DealerTrack Announces Pricing of Private Offering of $175 Million of 1.50% Senior Convertible Notes
NEW YORK — DealerTrack Holdings, Inc. (“DealerTrack”) announced the pricing of its private offering of $175 million aggregate principal amount of 1.50% senior convertible notes due 2017 (the “Notes”) to be sold to quali
Feb 28, 2012
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ADP Digital Marketing Building Cambridge Analytics Center Autotegrity acquired as nucleus of new facility for optimizing online consumer experiences
SEATTLE, WA – ADP Dealer Services and its Digital Marketing group, announced that it has acquired Autotegrity from Link Ventures and Cogo Labs to form the nucleus of an expanding facility focused on the application of science to optimize the online
Feb 28, 2012
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Trilogy Inc. Promotes Mike Richards to President of Trilogy Automotive
AUSTIN, TEXAS – Trilogy Inc. today announced that experienced automotive industry executive Mike Richards has been promoted to President of Trilogy’s Global Automotive Business. Richards, who formerly served as Vice President of Marketing an
Feb 28, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Dealers upselling more F&I products with MyStar™ Personal Assistant program
Dallas, TX –Since the Finance and Insurance Department is one of the most valuable profit generators at any auto dealership, finding new ways to “unlock” customers and keep the average PVR high is paramount. That’s why MyStar™ Personal Assi
Feb 28, 2012
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First Time in Nearly a Decade One Brand Has Dominated Consumer Reports’ Top Picks
YONKERS, N.Y. — As the competition grows stronger with each passing year, it has been increasingly difficult for a single automaker to dominate Consumer Reports’ annual Top Picks list. This year, Toyota is the first brand to earn half of
Feb 28, 2012
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Chrysler Brand Introduces New ‘Imported from Detroit™’ Merchandise
Auburn Hills, Mich. – The Chrysler brand has introduced a new line of “Imported from Detroit™” (IFD) merchandise that is available for sale now. The collection features fresh new graphics and over 60 all-new items. Over 60 all-new items a
Feb 28, 2012
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Sonic Automotive, Inc. Reports Profits up 46%
CHARLOTTE, N.C. — Sonic Automotive, Inc., one of the nation’s largest automotive retailers, this week reported 2011 fourth quarter adjusted earnings from continuing operations of $25.4 millionfor a 46% increase over the prior year adjus
Feb 28, 2012
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AutoTrader.com and vAuto Executives Share How to Measure Automotive Marketing Performance and Improve Results
Howard Polirer, director of Industry Education at AutoTrader.com and Bill Reidy, director of sales at vAuto, are sharing their expertise with automotive dealers and managers on how to measure performance and improve results. Metrics – it’s the
Feb 28, 2012
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Ford Focus Sales on Pace to Double in February
DEARBORN, Mich. — Ford Focus sales are on pace to double in February, giving the stylish compact hatchback and sedan its best sales performance in more than a decade. Ford Focus sales expected to double in February, pushing through the 20,000 v
Feb 28, 2012