Sales & Variable OPS
I Have Flying Monkeys and I’m Not Afraid to Use Them
It appears that most dealers have mentally accepted the fact that they need to embrace the digital age. The interesting disconnect is that many dealers are still only allocating 20%-30% of their advertising budget to the digital side of the equation. The dealers want...
Complete Client Portfolio Management Tool Helps Paragon Honda-Acura Sell 95 Additional Units a Month from Existing Customer Base
IRVINE, CA, October 26, 2011 -- Paragon Honda-Acura, a Queens, NY-based dealership is selling 95 additional units a month from its existing customer base by using portfolio lead management software from AutoAlert, Inc.™ “It’s like we’ve created a store within a store...
Cobalt® Announces Google AdWords Premier SMB Partner Status
SEATTLE, WA – Cobalt®, a business unit of ADP Dealer Services (NASDAQ: ADP), today announced that it has been named a Google AdWords™ Premier SMB Partner. Cobalt is one of the first automotive marketing solution providers to achieve this distinction, and meets...
Dollar Thrifty Announces Issuance of $400 Million of Medium-Term Asset Backed Notes
TULSA, Okla. -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) (the "Company") announced that its Rental Car Finance Corp. subsidiary ("RCFC") completed the private placement of $400 million of Series 2011-2 asset backed medium-term notes. In connection with the...
Edmunds.com: One Year After Brand’s Death, Pontiac Owners Show Loyalty to GM
SANTA MONICA, Calif. — One year after the last remaining Pontiac dealers shut down for good on October 31 2010, General Motors has managed to maintain – and even grow – the loyalty rate of former Pontiac owners, according to data analyzed by Edmunds.com, the premier...
Open Dealer Exchange, LLC Unveils Enhanced Website
TROY, Mich. – Open Dealer Exchange, LLC, a technology leader that streamlines the automotive buying process for lenders, F&I product providers and dealers, is pleased to unveil its newly redesigned website, www.opendealerexchange.com. The enhanced site highlights...
Lincoln Luxury Models to Include Pandora
OAKLAND, Calif. -- Pandora (NYSE: P), the leading personalized radio service, is now a standard feature on three popular luxury Lincoln models: the MKZ, MKZ Hybrid and the Navigator. The vehicles arrived on dealer lots inSeptember 2011. Lincoln makes Pandora available...
Localeze Improves Auto Dealer Business Listings for Edmunds.com’s New Dealer Directory for Used Cars
VIENNA, Va. – Localeze, the largest business listings identity management provider for local search, today announced it is supplementing online local business listings for automotive resource Edmunds.com’s newly launched used car dealer directory. Edmunds.com has...
Asbury New Vehicle Gross Profit Increased 12%
DULUTH, Ga. -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the third quarter 2011 of $14.3 million, or $0.44 per diluted share, versus...
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