Sales & Variable OPS
New Black Book Online Mobile & Social Features Help Auto Dealers Generate More Leads
BOCA RATON, Fla. - Black Book Online, the leading online vehicle trade-in sales lead generator, today announced an upgrade to its Activator® platform with features designed to help automotive dealers generate more high quality trade-appraisal leads via mobile...
Lithia Automotive Launches Driver Connect(SM) to Reach Next Gen Customers
DAYTONA BEACH, Fla. -- DMEautomotive (DMEa) today announced the roll-out of its breakthrough mobile app, Driver Connect(SM), to over 50 of Lithia Automotive's dealerships. Driver Connect is specifically targeted to help dealerships solve the service 'generation gap'...
Leading Automotive CRM DealerSocket Leads Tech Push for Dealers
SAN CLEMENTE, Calif. -- Leading auto dealer CRM DealerSocket (DealerSocket.com) continues to make the newest and best technology available to auto dealers. DealerSocket announced today the general release of SocketTalk, a new tool that allows users to instant message...
Consumer Reports Survey: Americans Say Fuel Economy Most Important Car Buying Factor
Nearly three-quarters of drivers would consider an alternative fuel vehicle for their next car YONKERS, N.Y. -- With fuel prices at near record levels, consumers are driving less and contemplating a move to smaller, more fuel-efficient vehicles, according to recent...
Sewell Cadillac Dealerships Awarded Top Honors By General Motors
DALLAS -- General Motors recently recognized Sewell Automotive Companies with a pair of prominent national awards, revealing that both Dallas-Fort Worth area Sewell Cadillac dealerships earned the Master Dealer and Dealer of the Year honors. Sewell Cadillac of Dallas...
Sales per Franchise Drives Blue Sky Multiples
Presidio recently published its end of year M&A report, which is available at www.presidioautomotive.com and on Dealer magazine’s web site. In it we discuss the current blue sky multiples, as well as the following dealership acquisition trends: The Big 5 is now...
Comerica Bank Reports Auto Affordability Down Slightly In First Quarter
DALLAS -- The purchase and financing of an average-priced new vehicle took 23.2 weeks of median family income in the first quarter of 2012. Consumers on average spent $300 more (an increase of 1.2 percent) on new cars in the first quarter of 2012 compared with the...
Toyota’s Camry and Prius Remain Top Cars for Auto Shoppers in April
For the third straight month, the Toyota Camry and the Toyota Prius topped Dataium's ASI New Vehicle Ranking Nashville, TN — Dataium, the largest aggregator of online automotive shopper behavior, today released its monthly ASI report. The ASI (Automotive Shopper...
Right to Repair Act Passes Massachusetts Senate
BETHESDA, Md. -- Just over a month after consumers and neighborhood repairers packed a Massachusetts State House hearing room to urge passage of Right to Repair legislation, the state's Senate strongly approved the measure with added safeguards to protect both new car...
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