IRVINE, CA – Kelley Blue Book (kbb.com), announced the availability of LeadDriver, a new Internet-based dealer solution enabling a dealer to capture leads when offering the Kelley Blue Book Trade-In values on the dealer's Web site.
Read More →CARMEL, IN – ADESA, Inc., reported its fourth-quarter and annual financial results for the period ended December 31, 2005. For the fourth quarter of 2005, the company reported that net income rose 5.5 percent from the fourth quarter of 2004 to $23.1 million, or $0.26 per share, on revenues of $238.6 million. For the fourth quarter of 2004, the company reported net income of $21.9 million, or $0.24 per share, on revenues of $223.4 million.
Read More →ROBSTOWN, TEXAS – Since Hurricane Rita slammed ashore last fall, the staff at Sparkling City Auto Auction have watched U.S. gas prices move up and down almost on a daily basis. Yet, General Manager Jonathan Lightfoot noted that in spite of the volatile energy market, Sparkling City's customers have not experienced an increase in their transportation costs.
Read More →LAKE SUCCESS, NY – DealerTrack, a provider of on-demand software and data solutions to automotive dealers, and Dealer.com Websystems, a provider of online e-business marketing solutions for the automotive Industry, announced a partnership during the recent annual National Automotive Dealers Association (NADA) convention in Orlando, Fla.
Read More →MT. ARLINGTON, NJ – William Vermilyea, CEO and principal of Strategic Solutions Exchange Group (SSEG) and Linda Hansen, principal, SSEG, will present an Introduction to Process Management at the International Automotive Remarketers Alliance (IARA) Roundtable Conference at Caesars Palace in Las Vegas March 8 at 4:15 p.m.
Read More →TORRANCE, CA – Bobit Business Media is now accepting nominations for the Commercial/Institutional Consignor of the Year Award, to be presented at the 2006 Conference of Automotive Remarketing (CAR) at Caesars Palace in Las Vegas, March 9 at 4:30 p.m.
Read More →CARMEL, IN - ADESA, Inc. has named Kurt Madvig its director of operational improvement. Madvig's focus will be to assist the company in identifying opportunities to improve operational effectiveness and efficiencies at all levels of the organization and across all business lines. Madvig will remain in is current role as general manager of ADESA San Diego until a replacement is hired.
Read More →ATLANTA – Wholesale used-vehicle prices (mix, mileage, and seasonally adjusted) rose marginally in January after posting a strong 4.7-percent gain in the fourth quarter of 2005.
Read More →LAKE SUCCESS, N.Y. – DealerTrack Holdings, Inc. has acquired substantially all of the assets and certain liabilities of Wired Logic, Inc., doing business as DealerWire. DealerWire, a privately held company of 10 employees based in Lebanon, N.H., is a provider of inventory management solutions to the automotive retail industry.
Read More →AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers sold a new Certified Pre-Owned Vehicle (CPOV) January sales record 8,453 units, up 4 percent from the same month last year. Record sales were boosted by in-demand products available in the CPOV segment including the Chrysler 300, Chrysler Crossfire, and the Dodge Magnum.
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