Trending Auto Retail News
California, Georgia, Kansas, Ohio, Texas, Utah Come Out on Top in InsuranceQuotes.com Review of State-Run Insurance Websites
AUSTIN, Texas -- The state insurance department websites in California, Georgia, Kansas, Ohio, Texas and Utah do the best job of giving consumers access to critical insurance information, according to an InsuranceQuotes.com review of state-run insurance websites...
Hertz Receives Request for Additional Information from FTC Regarding Proposed Acquisition of Dollar Thrifty
PARK RIDGE, N.J. -- Hertz Global Holdings, Inc. ("Hertz") this week announced that it has received a request for additional information ("Second Request") from the Federal Trade Commission ("FTC") relating to Hertz's proposed acquisition of Dollar Thrifty Automotive...
KAR Announces Agreement to Acquire OPENLANE
Carmel, IN - KAR Auction Services, Inc. announced that its subsidiary, ADESA, Inc., has signed a definitive agreement to acquire the equity of OPENLANE, Inc., a leading Internet-based business-to-business automotive remarketing company. Peter Kelly will continue as...
Dealer.com Adds Mitch Truwit and Marcelo Gigliani of Apax Partners to Board of Directors
Burlington, VT – Dealer.com, the global leader in automotive Internet marketing solutions, today announced that Mitch Truwit and Marcelo Gigliani of Apax Partners will be joining the company’s Board of Directors. Apax Partners recently acquired an approximately 30...
This Summer Manheim Tops 2 Million Visits to Mobile Site
ATLANTA – Since launching its mobile platform in February 2010, Manheim has received more than 2 million customer visits to its mobile site. In the first six months of 2011 alone, Manheim reached 1 million mobile visits – a feat that took nearly all of 2010 to...
Exeter Finance Acquired by Blackstone, Secures $600 Million Line of Credit
IRVING, Texas – Exeter Finance Corp., a specialty auto finance company, announced it has been acquired by Blackstone from Navigation Capital Partners (NCP). Blackstone plans to invest up to $277 million in the transaction. NCP and the Exeter management team will...
DealerRater Introduces Added Feature to Certified Dealer Program that Enhances Dealers’ Review Pages to Showcase Employee-Specific MyReviews
Waltham, Mass. – DealerRater®, the nation's premier car dealer review website, announced today an additional feature of its Certified Dealer Program that will enable dealers to better showcase employee-specific review pages. With this enhancement, DealerRater...
Southeast Toyota Selects OEConnection’s Online Collision Parts Ordering & Fulfillment Technology
RICHFIELD, Ohio -- OEConnection LLC, the leading online parts and service exchange in the automotive industry, announced today that Southeast Toyota Distributors, LLC (SET), the world' s largest independent distributor of Toyota and Scion vehicles, has selected...
Tata Motors Approves Rotary Lift SPOA10 and AT07 Lifts Sold by Manatec Electronics
Madison, Ind. – Tata Motors, India’s largest automobile company, has approved two Rotary Lift electric hydraulic lifts for its dealer network. The approved SPOA10-3SA and AT07 two-post lifts are sold in India through Rotary’s distribution partner Manatec Electronics...
Why Don’t They Speak to Me?
A frustration often expressed by salespeople who regularly follow-up on web-generated leads, no matter the source, is not being able to engage the customer in conversation when they reach them. Salespeople often are met with resistance and cannot understand why a...
The U.S. Auto Supply Chain at a Crossroads
CLEVELAND -- A troubled but enduring automotive supply chain in the United States can become stronger if a more collaborative strategy can gain wider acceptance, a research team at Case Western Reserve University has determined. The report, The U.S. Auto Supply Chain...
Google to Acquire Motorola Mobility
MOUNTAIN VIEW, CA and LIBERTYVILLE, IL – Google Inc. and Motorola Mobility Holdings, Inc. announced that they have entered into a definitive agreement under which Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion, a...
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