Trending Auto Retail News
Hertz Extends Exchange Offer to Acquire Dollar Thrifty
PARK RIDGE, N.J. -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz") announced that it has extended the expiration date of its exchange offer for all outstanding shares of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) ("Dollar Thrifty") for $57.60 in cash and...
America’s Car-Mart Announces Opening of 108th Dealership
Bentonville, Arkansas -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced the opening of its newest dealership. The dealership is located in Albertville, Alabama. "Car-Mart has tremendous growth opportunities especially in states like Alabama. Albertville is...
Manheim Used Vehicle Value Index Falls 1.3%
Manheim Consulting's monthly auto industry brief reported July 2011 wholesale used vehicle prices decreased when compared with June 2011’s numbers. The Manheim Used Vehicle Value Index is still up 5.9% (125.9) over July 2010 when it was 118.9. Manheim said this...
OPENLANE: Overall U.S. Auction Prices Decreased in July
Highlights from the August OPENLANE Market Index report include: for the U.S. market index, overall US auction prices decreased by two percentage points in July from the previous month, but ended 3 points above July 2010 levels. Dealer interest in SUVs and Trucks rose...
VinSolutions Chief Sales Officer Reveals Why Consolidation is the Only Real Option
Why an all-in-one sales and service marketing system is the only way to go. What does all-in-one includes? It covers: Digital marketing, search marketing, online advertising, social media marketing tools, mobile marketing, websites, Internet lead management, CRM...
U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Sales Up 2 Percent Through July
Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 180,303 sales of Certified Pre-Owned vehicles through the month of July 2011, a two percent increase compared to sales through July of last year. For the month of July 2011, combined sales of Chevrolet,...
CEO of Smart Web Concepts, Inc. Says Consumer Communication is Changing, Are You?
Phone and e-mail aren't the only ways consumers are communicating these days. With traditional BDC/Internet departments focusing on just phone and e-mail, the opportunity for disconnect with the customer grows! New communication paths give so many verticals to engage...
Average Unique Visitors to Websites in July 2011: 2,849
According to a data from Dataium, the conversion rate of the average unique visitor to shopper was up 48% during the month of July 2011. This information is based on statistics for national automotive Internet behavior for June 2011. Below are a few key...
Retail Automotive Industry Expert Discusses Why Dealers No Longer Advertise for a Showroom Visit
Too many of us advertise without understanding why. We understand the what, or the goal of the advertising, which is to sell more cars, but today it takes more than a loud message or a cheap price to sell a car. The goal of your advertising shouldn’t be about car...
Lithia Motors Renews Agreement With The Warranty Group
CHICAGO – The Warranty Group, Inc., today announced that Lithia Motors has extended its agreement with the company to provide service contracts to its entire dealership network. Lithia is one of America’s largest automotive retailers, featuring 26 brands in 86...
Northern California Future Automotive Group Selects Sensible Driver for Quick Lane from Kihon Media
FOLSOM, Calif. – Kihon Media, a leader in online auto dealer customer retention programs, announced today that The Future Automotive Group, which includes Future Ford of Sacramento, Future Ford of Clovis, Future Ford Lincoln of Roseville and Future Nissan of...
CEO and co-founder of Dataium Explains How Cloud Intelligence will Change the Way Dealers do Business over the Next Five Years
Advanced Cloud Intelligence data solutions provide the auto industry unprecedented visibility and opportunity to revolutionize the way cars are designed, manufactured, marketed and sold worldwide. With today's high-speed processors, big data solutions, and Internet...
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