Recent News

Autobytel Unfazed by AutoNation’s Stance on Third-Party Leads

IRVINE, Calif. — Autobytel Inc. reported a 26% increase in revenue for the third quarter of 2014 to $27.4 million, reaching its highest quarterly revenue since before the Great Recession. The lead provider cited its acquisition of AutoUSA earlier this year...

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CNCDA Selects DMVdesk As Preferred Registration Software Provider

AGOURA HILLS, Calif. — The California New Car Dealers Association chose DMVdesk to be the organizations preferred registration solution for California dealers. The CNCDA will work with DMVdesk designer, Motor Vehicle Software Corporation, to train its...

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Small fire at Takata plant in San Antonio forces evacuation

Over 70 Takata employees temporarily evacuated the supplier's San Antonio seatbelt production plant after a small fire broke out early this morning, officials said. Employees were back at work shortly after the fire. ... Read More »

Honda Canada to invest $750 million in Ontario plants

Honda's Canadian unit said today it plans to invest C$857 million ($750 million) over three years to upgrade manufacturing plants in Alliston, Ontario, which will be the global lead for production of the next-generation Honda Civic. ... Read More »

Ford offers year-end incentives for dealers to meet sales targets

Ford, seeking to hit year-end sales goals, rolled out a bonus program that offers dealers a cash bounty for meeting sales targets that some retailers criticize for cheapening the brand. ... Read More »

FTC Settlement Bars Patent Assertion Entity From Using Deceptive Tactics

Future Deceptive Conduct Would Trigger Penalties of Up to $16,000 Per Letter A company and its law firm have agreed to settle Federal Trade Commission charges that they used deceptive sales claims and phony legal threats in letters that accused thousands of small...

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FTC Settlement Bars Patent Assertion Entity From Using Deceptive Tactics

Future Deceptive Conduct Would Trigger Penalties of Up to $16,000 Per Letter A company and its law firm have agreed to settle Federal Trade Commission charges that they used deceptive sales claims and phony legal threats in letters that accused thousands of small...

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Dealertrack raises financial targets after Q3 revenue surges

Dealertrack Technologies, which supplies a wide variety of auto dealership retail software and services, said its third-quarter business surged and it bumped up its revenue and profitability forecast for the year. ... Read More »

TrueCar’s Q3 net loss widens; revenue jumps 51%

TrueCar's net loss widened to nearly $14 million in the third quarter, its first full quarter as a publicly traded company, but it raised its outlook for the fourth quarter and full year as it continues to add dealers and draw more customers to its... ... Read More »

TrueCar boosts outlook as Q3 revenue jumps 51%

TrueCar, the online car-shopping platform, raised its outlook for the fourth quarter and full year as it continues to add dealers and draw more customers to its network. ... Read More »