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Westlake Financial Services, a full-spectrum auto finance company, announces a new $30 million credit facility with MG Leasing Corporation (MGL), a Japanese leasing company. The credit facility collateralizes Westlake’s auto finance receivables. The agreement was executed on Nov. 8, 2012 and funds Nov. 26, 2012.
Read More →Naked Lime Marketing's Digital Reputation Management Service has been approved by General Motors for the 2013 Standards for Excellence program. Naked Lime’s base reputation management package for GM dealers includes everything they need to monitor what their customers are saying online and to help develop credible online reviews for their dealership.
Read More →The largest online marketplace for buying and selling all things automotive, eBay Motors, is now providing financing options for shoppers through leading online auto lender RoadLoans.
Read More →The integration of PayNearMe with AutoStar simplifies the way dealers accept cash payments, benefiting both consumers and dealers. Now car repayments can be made with cash in less than 60 seconds at more than 8,600 local, participating 7-Eleven and ACE Cash Express stores nationwide.
Read More →Users of iPads can browse photos of, shop for, or learn more about the car of their dreams with Version 1.1 of the popular and well-reviewed CarSoup.com car shopping app, which will boast 1.3 million vehicles from across the United States.
Read More →Dealership technology provider AutoStar Solutions is making its popular Fusion Ignite dealer management software system available at no up-front cost to independent dealers in qualifying states. As part of this promotion, dealers will receive a two-user license for the software and will only be required to pay a nominal fee of $5 per transaction. This could result in significant discounts to the Ignite software system, which is regularly valued at more than $1,200 per year.
Read More →Dominion Dealer Solutions today announced a new release of its equity alert tool, DealActivator, to further empower automotive dealers to pull in-service customers into the buying market.DealActivator mines the retailer’s database for highly-qualified equity customers from sales and service, delivering data to the dealer daily. Dealers can locate quality inventory at better prices, yielding higher gross and volume.
Read More →Bill Underriner, chairman of NADA, has outlined two contentious factory issues facing new-car dealers and urged automakers to support a level playing field for dealerships of all sizes. “Two-tier pricing and mandatory facility upgrades are symptoms of a bigger overall problem—manufacturer intrusion into dealers’ businesses,” he said today in remarks to the Automotive Press Association in Detroit. “NADA wants the automakers to stop unfair practices.”
Read More →Ally Financial announces 57 dealers from across the United States have been selected as nominees for the 2013 TIME Dealer of the Year award. These nominees are among the nation’s most successful auto dealers who also demonstrate a long-standing commitment to community service.
Read More →CAR-Research XRM today announced the release of “Victory by Inches: The Key to Auto Dealers’ Sales Success in a Social World.” The new e-book is a best-practices guide for auto dealerships covering CRM strategies in today’s social world.
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