DrivingSales
Auto Dealers Report Boost in Sales from Cash for Clunkers
- 68% of respondents reported an increase in traffic to their showrooms, and 65% reported an increase in interest online, as demonstrated in more sales leads generated from their own and independent, or third party, websites.
- Over 90% reported consumer interest, with 34% saying that buyers have shown “a lot” of interest in the program, and 56% reported that consumers have shown “some” interest.
- 43% of survey respondents predicted funding will still be available on November 1;
- Another 37% expected all vouchers to be claimed by the end of September.
- Only 20% of correspondents expected vouchers to be depleted by the end of August.
DrivingSales
OAK BROOK, IL (July 20, 2009) – vAuto announces today that it has surpassed the 2,000 dealer customer mark. This achievement is a direct result of accelerating year over year sales growth.
At the completion of the second quarter in 2009, vAuto’s unique dealership rooftop count totaled 2,053. In addition, the company’s inventory management solution is utilized at the more than 170 Enterprise Car Sales locations throughout the U.S.
“Today we recognize an important milestone for our company,” says Keith Jezek, the company’s President and CEO. “This unprecedented growth in the face of significant industry challenges is due to the acceptance of vAuto’s new approach to managing used vehicle operations. It is also a testament to the talent and hard work of our staff, all of whom share a passion to help dealers achieve competitive dominance and record results in their used car market.”
In related news, vAuto continues to enhance its product offerings with the recent launch of its AutoWriter™ technology, allowing dealers to generate unique and compelling descriptions for vehicles in their online inventories. In order to support the company growth in products and customers, vAuto is continuing to expand its staff with open positions in sales, development, marketing, and performance management.
Headquartered in the Chicago suburb of Oak Brook, IL., vAuto also maintains a research and development center in Austin, Texas. The company’s “Live Market View” technology currently allows its more than 2,000 dealers to manage their used-car inventories based on comprehensive supply and-demand information mined by vAuto.
Details on millions of pre-owned vehicles are maintained and updated on a daily basis within vAuto’s database.
The nation’s five highest-volume franchised dealerships by brand currently use vAuto’s pricing, appraisal and stocking systems, including Chevrolet, Honda, Nissan, Lincoln-Mercury and Toyota. Virtually every imported and domestic vehicle brand is represented on the company’s customer list.
Further information about vAuto is available at www.vauto.com. The company’s chairman and founder, Dale Pollak maintains a blog for the discussion of used-car trends at www.dalepollak.com.
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Fort Lauderdale, Florida (July 13, 2009) – AutoUSA, the industry’s leading provider of the highest quality Internet-generated consumer leads to auto dealer’s nationwide, today announced a new program to provide auto dealers with high-quality used-car leads from Kelley Blue Book. The leads will be made available to dealers on a pay-per-lead basis and sourced from The Trusted MarketplaceSM, Kelley Blue Book’s new online car shopping experience. Kelley Blue Book’s top-rated Web site, www.kbb.com, averages 12 million visitors a month, and is considered one of the industry’s most reliable sources for vehicle values, information and pricing.
“We’ve had a very successful partnership with Kelley Blue Book over the years. They’re one of the industry’s top automotive advocates for both consumers and dealers,” said Phil DuPree, president of AutoUSA. “This new program expands our relationship, and allows us to provide dealers with high-quality used-vehicle leads.”
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DrivingSales
Jacksonville, FL Used Cars Dealer Announces Record Sales
July 2009 Jacksonville, FL: Auction Direct USA's Superstore in Jacksonville, FL announced record sales for June, and also posted its second most successful sales month since opening in 2007. Year over year sales increased 43%.
"The Auction Direct USA brand is gaining momentum in our market," said Robert Shatsar, GM Auction Direct Jacksonville. "We're noticing a steady increase in website traffic, phone calls and in-store traffic." The entire state of Florida has been severely effected by the economic downturn; the general state of affairs within the automotive industry is another major factor car dealerships have had to contend with during the past year.
Consumers still need vehicles despite the uncertainty within the market. The consumer buying cycle may be increasing with regards to time spent in the market, but they continue to seek out the greatest values prior to purchasing; consumers are being extra careful to identify the best value.
Auction Direct USA's consistent growth with the Florida used car retail segment has pushed them to #35 in total sales out of over 4500 used car dealerships in the state and #3 in the Jacksonville used car market.
"Our mission remains the same." said John Iannone, CEO Auction Direct USA. "Our goal is to continue providing the best retail experience for used car consumers by offering the best selection of late-model, low-mileage quality used vehicles at the lowest prices possible."
Auction Direct USA's brand is synonymous with key principles such as trust and open information exchange. Consumers can expect a truly unique and satisfying used car buying experience by having access to over 30 brands, a no-negotiation price structure and a 3-Day, 500-Mile Money Back Satisfaction Guarantee. By doing so, Auction Direct USA has managed to achieve a 98% customer satisfaction rating.
The company currently employs over 300 people among its three used car superstores located in Victor, NY; Jacksonville, FL and Raleigh, NC.
Shop Mobile. Text 399FL to 48696 on your phone to visit Auction Direct USA’s Florida Used Cars Mobile Website.
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DrivingSales
Kelley Blue Book's The Trusted Marketplace (SM) Now Part of the Dealix UsedCars.com Network
Dealers Working with Dealix to Benefit from Added Exposure on kbb.com at No Additional Cost
Cobalt
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DrivingSales
Dealix to Power New Car Leads for Yahoo! Autos
Car Buyers Will Get Quick Access to Quotes from Qualified Dealers and a Better Overall Car Buying Experience; Dealers Will Have the Opportunity to Connect with More In-Market Buyers
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John Holt, Chairman, CEO and co-founder of Cobalt, has been recognized as an Automotive News All-Star
Automotive News said: "Holt, a persistent advocate of online marketing, has pushed and prodded partner General Motors and its dealers to make corporate, regional and dealer marketing programs work together. As dealers increasingly switch to Internet sales and marketing, they're finding that Holt's guidance pays off."
Click here for the full article: http://tinyurl.com/m959qn
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OAK BROOK, IL vAuto announces today that its customers can now quickly and efficiently source used vehicles available at ADESAauctions with the ability to access ADESA run lists from within vAuto’s proprietary stocking module.
“Our customers are able to identify specific vehicles they want to stock based on current supply and demand trends and then instantly identify at which auction it will be available for purchase,” said Keith Jezek, president and CEO. “We are pleased to be able to offer this important value-add to our customers as we continue to build solid relationships with companies that complement and bolster the vAuto suite of tools.”
“Providing dealers with integrated functionality to find vehicles is necessary in today’s volatile market. This allows them to efficiently fulfill gaps in inventory while matching real-time market demand,” said Dan Barson, dealer business development director for ADESA. “Combining vAuto’s state-of-the-art stocking tool with ADESA’s comprehensive list of vehicles is a huge win for our dealers."
About vAuto:
Headquartered in the Chicago suburb of Oak Brook, Ill., vAuto also maintains a research and development center in Austin, Texas. The company’s “Live Market View” technology currently allows more than 2,000 dealers to manage their used-car inventories based on comprehensive supply-and-demand information mined by vAuto for their specific market area. Details on millions of pre-owned vehicles are maintained and updated on a daily basis within vAuto’s database.
The nation’s five highest-volume franchised dealerships by brand currently use vAuto pricing, appraisal and stocking systems, including Chevrolet, Honda, Nissan, Lincoln-Mercury and Toyota. Virtually every imported and domestic vehicle brand is represented on the company’s customer list. Further information about vAuto is available at www.vauto.com.
The company’s chairman and founder, Dale Pollak maintains a blog for the discussion of used-car trends at www.dalepollak.com.
About ADESA:
ADESA offers a full range of auction, reconditioning, logistical and othervehicle-related services to meet the remarketing needs of both its institutional and dealer customers. With 61 auction locations in the United States, Canada and Mexico, strategically located near metropolitan areas with a large concentration of used vehicle dealers, the company is well positioned to host both physical and Internet auctions. Through its related subsidiaries of AutoVIN® and PAR North America, it is also able to provide additional services including inspections, inventory audits and remarketing outsourcing solutions including a network of repossession agents, titling and auction sale representation. Visit ADESA.com for details.
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Profit Optimizer Utilizes Reynolds' Advanced Reporting Tool to Deliver Optimal Results from the ERA DMS
DAYTON, OH - June 22, 2009 - Reynolds and Reynolds Company today announced a new offering from Reynolds Consulting Services – Profit Optimizer: Powered by Advanced Reporting 2.0. Profit Optimizer helps dealerships evaluate and improve the utilization of their ERA® dealership management system (DMS), focusing on key business metrics and operating processes that can deliver tangible business results across the dealership. With Profit Optimizer, dealers also learn additional strategies for developing new sources of revenue, better controlling costs, and gaining more profit.
Thomas Schwartz
937.485.8109 (office)
Thomas_Schwartz@reyrey.com
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DrivingSales
Dealix and Edmunds.com to Host Webinar to Help Auto Dealers Get Ready for Cash for Clunkers
Dealers to Play Critical Role in Educating Consumers about Voucher Program to Trade In Low Mileage Vehicles for More Fuel Efficient Models
Redwood City, CA, June 23, 2009 – The nation’s franchised auto dealers will play a critical role in educating consumers about the Cash for Clunkers voucher program, which is expected to be signed into law by President Obama later this week or next. Moreover, because a limited number of vouchers – valued at up to $4,500 – will be given to automobile buyers before November 1st, it is estimated that car buyers will move quickly to take advantage of the program. For this reason, Dealix, a division of Cobalt and the largest provider of new car and used car automotive sales leads to dealers and car manufacturers, and Edmunds.com, the premier online resource for automotive information, have teamed to provide resources to help dealers prepare to take action on the new law.
Dealix and Edmunds.com will offer a free webinar for franchised dealers entitled “Are You Ready for Cash for Clunkers?” on Friday, June 26th, at 10:00 am PST, 12:00 pm CST, 1:00 pm EST. The webinar will provide dealers with a detailed description of the Cash for Clunkers voucher program as described in the bill approved by Congress. Other topics will include:
How to help consumers navigate the program
The cars most likely to be offered as trade-ins to be scrapped in exchange for fuel efficient vehicles
How progressive dealers can get the most from taking part in the voucher program
The webinar will be moderated by Anna Zornosa, general manager of Dealix. Webinar panelists will include Mike Warwick, Internet director for Stoneham Ford in Stoneham, Massachusetts, a dealer who is already including Cash for Clunkers in dealership marketing campaigns; John Giamalvo, director of strategic marketing for Edmunds.com and a former Internet director for a large national dealer group; and Jessica Caldwell, manager of pricing and industry analysis, also from Edmunds.com.
“Dealers need to get detailed information on how to get the most from this program so they can, in turn, provide information to car buyers,” said Zornosa. “According to a nationwide survey of dealers conducted by Dealix in May, nearly 70% of dealers said they either knew very little or nothing at all about the Cash for Clunkers program, and they felt consumers were even less informed. We want to give dealers every opportunity to hit the ground running when this program is signed into law.”
“In what has been a challenging time for both dealers and consumers, the Cash for Clunkers program offers a silver lining that gives car buyers a very compelling reason to purchase a vehicle,” added Giamalvo. “It’s great to see a program put into motion that will benefit consumers, dealers and the environment.”
Dealers who attend the webinar will receive a fact sheet prepared by Edmunds.com that will help them explain the voucher program to car buyers. Dealers can go to this link to register: http://tinyurl.com/cfcwebinar or they can send an email with their contact information to webinars@dealix.com.
Dealers who cannot attend the webinar, but would like to receive a recording and a fact sheet can also send an email with their contact information to webinars@dealix.com.
“Are You Ready for Cash for Clunkers?”
Free Webinar hosted by Dealix and Edmunds.com
Friday, June 26th, 10:00 AM PST, 12:00 CST, 1:00 EST
To register visit: http://tinyurl.com/cfcwebinar
To review a list of vehicles eligible for Cash for Clunkers, please visit http://www.edmunds.com/industry-car-news/cash-for-clunkers.html
To review recent consumer questions about Cash for Clunkers, please visit http://answers.edmunds.com/questions-category-Cash-for-Clunkers-2457.aspx
About Dealix
Dealix, a division of Cobalt, is the world’s leading provider of quality leads for new and used cars for dealerships, dealer groups, and automotive manufacturers. Dealix has the broadest reach and the highest quality lead supply network in the industry, including Kelley Blue Book, Edmunds.com, Yahoo! Autos, AOL Autos, MSN Autos, and others. Dealix also represents Edmunds’ Premier Dealer Program and powers AOL Autos’ and MSN Autos’ price quote platforms. Dealix connects dealers with the millions of car shoppers who prefer independent Internet sites when shopping for new cars and used cars online. Dealix’s Lead Platform 2009 quickly matches thousands of serious new and used vehicle buyers to the most appropriate dealers daily, delivering a quality car buying experience for consumers and providing dealers with one of the most efficient methods available today for marketing and selling cars.
About Edmunds.com, Inc.
Edmunds.com, Inc. publishes four Web sites that empower, engage and educate automotive consumers and enthusiasts. Edmunds.com, the premier online resource for automotive consumer information, launched in 1995 as the first automotive information Web site. Its most popular feature, the Edmunds.com True Market Value® , is relied upon by millions of people seeking current transaction prices for new and used vehicles. Edmunds.com was named "Best Car Research Site" by Forbes ASAP, has been selected by consumers as the "Most Useful Web Site" according to every J.D. Power and Associates New Autoshopper.com Study(SM), was ranked first in the Survey of Car-Shopping Web Sites by The Wall Street Journal and was rated "#1" in Keynote's study of third-party automotive Web sites. Inside Line launched in January 2005 and is the most-read automotive enthusiast Web site. CarSpace launched in February 2006 and is an automotive social networking Web site and home to the oldest and most established automotive community. AutoObserver.com launched in 2007 and provides insightful automotive industry commentary and analysis. Edmunds Inc. is headquartered in Santa Monica, California, and maintains a satellite office in suburban Detroit.
Contact:
Amy Hatch
Cobalt
(206) 579-7243
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