After close to a year of development, ActivEngage recently rolled out a new mobile application that allows dealers to use their mobile devices to tap into advanced chat capabilities. Essentially, dealers can use the mobile application to access chat functionality from virtually anywhere. “We spent a great deal of time on the development of the […] [Read More]

In light of the ever-moving dynamics in the economy, ALG has found that shifts in fuel cost and used-vehicle supply forecasts have led to residual value projections sliding over the past couple of months, the company said in its July/August edition released late last week. More specifically, ALG indicated that residuals value projections have dropped […] [Read More]

Wells Fargo Auto Finance recently released its annual awards, honoring four auctions in different categories. The lender recognized the following auctions as winners: —ADESA Kansas City: Most Improved Site —Manheim Baltimore-Washington: Best Certification Results —Manheim Ohio: Best Online Performance —Manheim Orlando: Operational Excellence Sharing his praise for all the winners, Howard Segal, vice president/national remarketing […] [Read More]

Less than a month after Hertz Global Holdings rolled out a bid to buy up all of Dollar Thrifty Automotive Group’s outstanding stock, DTAG is advising its shareholders to hold off on selling for the time being. Dollar Thrifty announced Monday that its board of directors has unanimously recommended DTAG shareholders not to tender their […] [Read More]

Mercedes-Benz Financial Services named a new president and chief executive officer for The Americas this week. Taking on this post is Peter Zieringer, current chairman of Germany’s Mercedes-Benz Bank.   Zieringer was also appointed to the Daimler Financial Services Board of Management, reporting to chairman Klaus Entenmann.   [Read More]

General Motors announced Monday that it hired a new vice president of Global Human Resources and is continuing to roll out its investment of $2 billion allotted for 17 U.S. facilities. In addition to the new hiring, the automaker is turning its focus to investing in the Technical Center campus in Warren, Mich. Tapped for the human resources position is […] [Read More]

CarLocate.com, the online vehicle search offshoot of Reynolds and Reynolds, unveiled three site upgrades aimed to make shopping easier and more efficient for consumers. The three upgrades include: —Quick look vehicle views can enable shoppers to review additional details about a vehicle without navigating away from their current vehicle search results. —Automaker pages geared to […] [Read More]

Late last week, it was announced that Ford is to be recognized as a recipient of the 2011 Secretary of Defense Employer Support Freedom Award for exceptional and exemplary support given to employees serving in the National Guard or Reserve. Out of 4,000 nominations submitted this year, Ford is one of 15 companies nationwide to […] [Read More]

JOPLIN, Mo. — As the company's dealership barely escaped severe damage, CarHop is broadening its efforts to serve customers in Joplin, Mo., site of nation's deadliest single tornado since the National Weather Service started keeping records in 1950. Along with helping customers in Joplin rebuild their lives by replacing vehicles damaged in the disaster, CarHop […] [Read More]

PHILADELPHIA — VINtek announced that its consumer auto finance Web portal is now compatible with the Apple iPhone and iPad. The company's TitleMyCar website can enable dealers to cut down on processing time and costs by electronically delivering documents to borrowers for review. The portal presents auto loan agreements, supporting documents and DMV forms, which can reduce […] [Read More]