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Dollar Thrifty Automotive Group Completes $450 Million Senior Secured Credit Facility

TULSA, Okla.  — Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the completion of a new five-year $450 million senior secured credit facility that significantly enhances the Company’s liquidity, as well as its operatin
Feb 23, 2012
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Ford Says Color Can Keep You Alert, Make You Feel Good

DEARBORN, Mich. – With the right lighting, everything else falls into place. The interior lighting in the all-new Ford Fusion proves that out; it moves beyond simple functionality. Ford researchers realize that a person’s attention span is limite
Feb 23, 2012
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President and CEO of New Vision Sales, Inc., Shares How to Integrate Yesterday’s Personal Touch with Today’s Technology

Glynn Rodean, president and CEO of New Vision Sales Inc., is sharing his expertise with automotive dealers and managers on how to integrate yesterday’s personal touch with today’s technology. NextGen professional sales is more than just making ce
Feb 23, 2012
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GM Presents 2011 GM Auction of the Year Award

KANSAS CITY, MO— General Motors this week presented the 2011 GM Auction of the Year award to ADESA Kansas City.  Of the 35 GM Sponsored Auctions nationwide, ADESA Kansas City was recognized for its overall achievement in providing GM and its deal
Feb 23, 2012
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vAuto Founder and Best-Selling Author Reveals The New Science of Used Vehicle Management and Merchandising

Dale Pollak, founder of Digital Motor Works and vAuto, is sharing his expertise with automotive dealers and managers on provisioning — the new science of used vehicle management and merchandising. It takes more than intuition to run a successfu
Feb 23, 2012
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How to Survive the ‘Ashamed Generation’s’ Assault on Your Dealership

An entire chapter in my book, Up Your Business, addressed the dangers of entitlement within organizations and offered remedies for weeding it out. In If You Don’t Make Waves You’ll Drown, I presented ten strategies to combat the negative impact p
Feb 23, 2012
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Kelley Blue Book: February Auto Sales to Surpass 1,050,000 Units, 13.8 Million SAAR

IRVINE, Calif. — Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, projects new-vehicle sales to surpass 1,050,000 units and reach a 13.8 million Seasonally Adjusted Annualized Rate (SAAR) for February 2012
Feb 23, 2012
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Lithia Motors Reports New Vehicle Same Store Sales Increased 29%

MEDFORD, OR — Lithia Motors, Inc. reported the highest fourth quarter net income in company history, and more than doubled earnings for the fourth quarter and full year 2011 over the prior year periods. 2011 fourth quarter adjusted income from
Feb 23, 2012
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Comerica Bank Reports: Auto Affordability Improves in Fourth Quarter 2011

DALLAS — The purchase and financing of an average-priced new vehicle took 23.1 weeks of median family income in the fourth quarter of 2011, the best affordability reading since the third quarter of 2009. Consumers on average spent $1,050 less
Feb 23, 2012