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SAIC and GM Sign Agreement For Electric Vehicle Development

Shanghai – SAIC Motor Corp., Ltd. (SAIC) Chairman Hu Maoyuan and General Motors Co. (GM) Chairman and CEO Dan Akerson signed an agreement earlier this week in Shanghai for the co-development of a new electric vehicle architecture in China. The Pan
Sep 20, 2011
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Chrysler Group Named to Elite List for 3rd Consecutive Year

AUBURN HILLS, Mich. — Chrysler Group once again has been named to HispanicBusiness magazine’s Diversity Elite 60, a list of the nation’s top organizations that promote and model diversity in the workplace and in the community. This
Sep 20, 2011
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Minnesota Automobile Dealers Association (MADA) Partners with ADP Dealer Services, Inc. to Provide Digital F&I Forms

West St. Paul, MN  – MADA Services, Inc., a division of the Minnesota Automobile Dealers Association, has signed an agreement with ADP Dealer Services, Inc. to provide digital versions of MADA F&I forms and documents to ADP clients through ADP
Sep 19, 2011
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Inventory Management Pioneer and American Auto Exchange (AAX) Founder, Bruce Thompson to launch new company RedBumper, LLC.

DALLAS, TX – Former CEO and founder of American Auto Exchange, Bruce Thompson, will be launching a new inventory management system in October that will compete with AAX, V-Auto, eCarlist, FirstLook and others.  Thompson is credited for creating an
Sep 19, 2011
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FBI: Auto Theft Decreases 7.2%

DEARBORN, Mich. – Fewer Americans were victims of car thefts last year. The FBI’s annual Uniform Crime Report shows a 7.2 percentage decrease in auto thefts compared to 2010. Improved anti-theft devices and safety tips can help continue this dow
Sep 19, 2011
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DealerRater® Partners with CarZen to Integrate Car Dealer Reviews into #1 iPad App for Car Shopping

Waltham, Mass. – DealerRater®, the nation’s premier car dealer review website, announced today its partnership with CarZen, the creator of the #1 iPad App for car shopping.  Through this partnership, more than 450,000 DealerRater car dealer
Sep 19, 2011
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Liquid Motors Releases One Click Wholesale Auction Management Technology to Streamline the Online Wholesale Process

Dallas, Texas – Liquid Motors announces the release of their “One Click” wholesale auction management software for auto dealers, auto auctions, OEM’s and financial institutions. The Liquid Motors wholesale integration provides a quick and ea
Sep 19, 2011
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AUL Corp. Becomes an Approved Provider on The ZERO Plan

NAPA, Calif. — AUL Corp., America’s largest national provider of used car service contracts, and Universal Lenders LLC, creator of The ZERO Plan® announce today that they will be working together to offer simple solutions to auto dealers
Sep 19, 2011
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Accessory Sales: Dealers Reach Average Net Profit Margins of 32.8%

San Francisco, CA — izmocars released its Midyear 2011 AOA Accessories Trend Report1, which analyzes accessories sales of dealerships across the country. The report highlights the accessories that were most popular with consumers in Q2 versus
Sep 19, 2011