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Facebook Drives Website Visitors, Not Leads, Report Says
Facebook is becoming a great driver of new visitors to dealership websites, a new report shows, but the social-media site still has a long way to go before it becomes a major lead-generation source. Read Full Story
European Financial Crisis Hits U.S. Automakers
The euphoria over the positive first quarter results from U.S.-based carmakers should be tempered by the recessionary situation in Europe, two Kelley Blue Book analysts warned. Read Full Story
Wholesale Prices Improve Again in April
AuctionNet wholesale prices improved again in April, a result that was in line with the National Automobile Dealers Association’s prediction that used prices would peak during the middle of the month. Read Full Story
TrueCar IDs Mom’s Top 10
Based on 2011 data collected by TrueCar, moms selected the Nissan Altima, Honda Odyssey, Subaru Outback, and Honda Pilot as their top vehicles. Read Full Story
Audi, Chevrolet, and VW Ads Rate Highest in New Report
Non-luxury customers favor engaging ads that are humorous, clever, entertaining and unique, while luxury respondents are more responsive to ads that have a serious tone, a new report reveals. Read Full Story
DealerTrack Realizes Q1 Revenue Increase, Raises Outlook
DealerTrack Holdings Inc. reported revenue of $91.6 million for the first quarter, up from $77.2 million for the first quarter of 2011. Read Full Story
Finance Express Adds Prestige to Lender Portal
Finance Express announced today that it has entered into an agreement with Prestige Financial that will make the specialty auto finance source available to independent dealers on the technology company's lender portal. Read Full Story
NADA, JD Power to Stage Los Angeles Conference
The National Automobile Dealers Association (NADA), in partnership with J.D. Power and Associates, announced the creation of the Western Automotive Conference, which will be held the day before the Los Angeles Auto Show opens to press on Nov. 27. Read Full Story
Visit F&I Magazine's Website for more news If you would like to send us comments or questions regarding our e-news alert, magazine or the F&I industry, please e-mail Gregory Arroyo at gregory.arroyo@bobit.com. Prepared by:Greg Arroyo Executive Editor 310-533-2592 greg.arroyo@bobit.com |
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