Sales & Variable OPS
Manheim Recognized with Dealers’ Choice Awards for Eighth Consecutive Year
ATLANTA – Continuing to prove that Manheim is the top solution for remarketing dealers seeking quality inventory, Manheim and OVE.com were recently named recipients of Auto Dealer Monthly magazine’s 2012 Dealers’ Choice Awards. OVE.com received the Diamond award, the...
Dealer.com Awarded Patent for its Human Voice Inventory Video Technology
Burlington, VT – Dealer.com, the global leader in online marketing solutions for the automotive industry, today announced it has been awarded U.S. Patent No. 8112279 for its audio file creation technology featured in its CarFlix HumanVoice product. The CarFlix...
Transaction Prices Rise to Highest Levels
SANTA MONICA, Calif. -- TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,748 in March 2012, up $1,977 (6.9 percent) from March 2011 and up $143 (0.5...
Direct Auto Loan Delinquencies Fall
WASHINGTON – Consumer delinquencies fell in all 11 loan categories tracked by the American Bankers Association, which today released results from the fourth quarter 2011 Consumer Credit Delinquency Bulletin. The composite ratio, which tracks delinquencies in eight...
Better Losses for Better Premiums
Every dealer knows there is a relationship between the losses printed on your loss runs and the premiums you pay. If premiums continue to rise as predicted by industry professionals, the first dealers to feel the pain will be those with higher losses. Many insurers...
Auction123 is Recognized by Dealers in the 2012 Dealers’ Choice Awards Receiving the Platinum Award for Best Online Inventory Marketing Tools
Fort Lauderdale, Florida -- Auction123, a website development, inventory management, and online marketing software provider for dealers of all vehicle categories since 2001, is proud to announce it has been named the Platinum Award winner in the Best Online Inventory...
Edmunds.com: Strong Sales Let Automakers Hold the Line on Incentives in March
SANTA MONICA, Calif. — March’s incentive spending on new car sales decreased month-over-month, suggesting that surging auto sales are being driven more by consumer demand than sweet deals at the dealership, according to an analysis of Edmunds.com’s True Cost of...
Luxury Automaker’s CPO Sales up 12%
For the month of March 2012, Porsche's Approved Certified Pre-Owned vehicle sales were 862, compared to 770 last year – a 12 percent increase. Year-to-date, Porsche's CPO sales are up 14 percent (2,367 vs. 2,073).
Black Book Promotes Jeff Bunch Promoted President of Lender Solutions
Gainesville, GA – Black Book announced today that Jeff Bunch has been promoted to the position of Vice President of Lender Solutions. In this role, Bunch will be responsible for leading Black Book’s efforts to increase revenue growth from the licensing of Black Book...
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