plus 4, Sonic Automotive Subscribes to RouteOne Compliance Products for Use in ... - WKOW-TV.com |
- Sonic Automotive Subscribes to RouteOne Compliance Products for Use in ... - WKOW-TV.com
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- Mitsubishi Corporation Invests to Participate in Russian Automotive ... - The Auto Chanel
- GENESIS COUPE EARNS POPULAR MECHANICS 2010 AUTOMOTIVE EXCELLENCE AWARD - The Auto Chanel
| Sonic Automotive Subscribes to RouteOne Compliance Products for Use in ... - WKOW-TV.com Posted: 10 Nov 2009 05:45 AM PST FARMINGTON HILLS, Mich., Nov. 10 /PRNewswire/ -- RouteOne announced today that Sonic Automotive, Inc. (NYSE: SAH), one of the largest automotive retailers in the United States, will subscribe all of its dealerships nationwide to RouteOne's identity verification and electronic document storage products. Sonic Automotive, Inc., a Fortune 300 company and member of the Russell 2000 Index, is among the largest automotive retailers in the United States. Sonic Automotive's dealerships provide comprehensive services, including sales of both new and used cars and light trucks, sales of replacement parts, performance of vehicle maintenance, warranty, paint and collision repair services, and arrangement of extended warranty contracts, financing and insurance for the company's customers. Sonic will purchase for each of its dealerships a subscription to both IDOne, RouteOne's identity verification and authentication tool powered by TransUnion, and RouteOne SecureDocOne, RouteOne's electronic document storage tool powered by WorldView. Both tools will assist dealers with meeting FTC compliance requirements, and will allow for coverage of all Sonic dealers' captive (Chrysler Financial, Ford Credit, GMAC, and Toyota Financial Services) and non-captive business. These subscription tools will complement the free RouteOne compliance services already enjoyed by Sonic, such as Activity Alert, an email notification tool that informs dealers of potentially suspicious dealership activity, and Adverse Action management, allowing dealers to automatically generate and print Adverse Action notices to consumer applicants who have been denied credit when applying for vehicle financing or leasing. "Sonic looks forward to employing these compliance tools across our dealerships to help maximize efficiencies and automate the manual activities embedded within our dealership compliance processes. Processing all our credit applications through a single platform that encompasses the tools necessary to conduct our business will allow us to spend more time focusing on vehicle sales and less time on administrative tasks," said Todd Weeks, National Director of Retail Lending, Sonic Automotive. "We are extremely pleased to be selected by Sonic Automotive to provide its dealers the tools they need to address the compliance issues that affect them and their customers," said Mike Jurecki, RouteOne CEO. "And because all Sonic dealers utilize the RouteOne platform for virtually all of their credit applications, they can be sure that our compliance tools will cover the full scope of their business, ensuring that all applications are scanned, monitored and stored appropriately." ABOUT ROUTEONE RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety of best in class providers, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at www.routeone.com. ABOUT SONIC AUTOMOTIVE, INC. Sonic Automotive, Inc., a Fortune 300 company based in Charlotte, N.C., is the nation's third-largest automotive retailer, operating 153 franchises. Sonic can be reached on the web at www.sonicautomotive.com. CONTACT: Suzi Straffon RouteOne LLC 248.862.7074 SOURCE RouteOne LLC This content has passed through fivefilters.org.  This posting includes an audio/video/photo media file: Download Now |
| Deutsche Bank Downgrades TRW Automotive (TRW) to Hold; Valuation Call - StreetInsider.com Posted: 10 Nov 2009 04:33 AM PST Deutsche Bank downgrades TRW Automotive (NYSE: TRW) to Hold on Valuation Related CategoriesDowngrades
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| Automotive Titling Corporation Announces New Streamlined Entry Process ... - Earthtimes Posted: 10 Nov 2009 01:20 AM PST 
Primary Wave Media Announces Creation of 1-800-WIRELESS™ PLEASANTVILLE, N.Y. - Primary Wave Media, owners of 1-800-CABLETV, one of the largest offline cable television lead generation companies, announces its entrée into the wireless telecommunications industry with the creation of the 1-800-WIRELESS phone number and website. Clearstar.Net Opens New Corporate Office in Alpharetta Acronis Adds Ed Filippine as General Manager of the Americas Blistex Holiday Shopping Survey Reveals Top Trends for the 2009 Shopping Season H.J. Heinz Company to Host Conference Call/Webcast on Second Quarter Fiscal 2010 Results OnDemand Energy Solutions Provides Energy Services to PNA Members Crown Minerals Announces $300,000 Non-Brokered Private Placement
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| Mitsubishi Corporation Invests to Participate in Russian Automotive ... - The Auto Chanel Posted: 09 Nov 2009 10:49 PM PST Tokyo, Nov 9, 2009; Mitsubishi Corporation (MC) has purchased 40% of Rolf Import (RI), a Russian foreign automotive distribution company, and a subsidiary of Rolf Group of Companies (Rolf). MC has built a close working relationship with Rolf, Russia's leading automotive business group, and through collaboration with Rolf has proven results in Russia's automobile sales business over the past 17 years. The initial purchase price is 72 million US dollars with the scope of additional payments of up to 128 million US dollars contingent on the business performance results of RI. RI has steadily expanded vehicle sales in Russia ever since the launch of MMC's dealer business in 1992. MMC's brand is highly valued for its high quality and sporty image and high-quality service. With an already established respected brand image, Mitsubishi vehicles have reached the foreign brand automotive market top 10 in terms of shares. MC is focused on the mid-to-long term growth of Russia's automotive market, aiming to further strengthen the distribution business structure through its investment in RI. This content has passed through fivefilters.org.  This posting includes an audio/video/photo media file: Download Now |
| GENESIS COUPE EARNS POPULAR MECHANICS 2010 AUTOMOTIVE EXCELLENCE AWARD - The Auto Chanel Posted: 09 Nov 2009 10:49 PM PST Popular Mechanics honored the all-new Hyundai Genesis Coupe with a 2010 Automotive Excellence Award in the "Fun to Drive" category. Genesis Coupe outperforms the competition with its dynamic rear-wheel-drive handling aimed at true sports enthusiasts. This is the second time Hyundai has earned a Popular Mechanics Automotive Excellence Award; the 2006 Sonata received the honor for its excellence in safety. "Hyundai has transformed its image – and its cars – in an amazingly short time," said Ben Stewart, Popular Mechanics automotive editor. "The Genesis Coupe is more than just a sleek, fun-to-drive sports coupe. It's proof that Hyundai has developed world-class design, engineering and car-building expertise." The annual Automotive Excellence Awards recognize the top 10 cars, trucks and technologies that are most significant each year. In 2009, Popular Mechanics editors saw a trend in the return and refresh of American icons in addition to a fuel efficiency focus with a mix of new hybrids and compact cars. Genesis Coupe is Hyundai's most dynamic performance car ever and uses the same flexible rear-wheel drive architecture as the 2009 North American Car of the Year Genesis sedan to appeal to true driving enthusiasts. The Genesis Coupe offers a 2.0-liter intercooled four-cylinder turbocharged engine producing 210 horsepower, and a 3.8-liter V6 Track model with 306 horsepower and massive Brembo brakes. In fact, when tested side-by-side against an Infiniti G37, "the Hyundai Genesis Coupe nearly matched the Infiniti in every performance measure, and did so for $15,000 less," according to Stewart. "It's an honor for Hyundai to once again receive this prestigious award, and we are even more thrilled that the Genesis Coupe took the crown in the 'fun-to-drive' category," said Derek Joyce, Genesis Coupe product manager, Hyundai Motor America. "With an aggressive, wedge-like design, rear-wheel-drive architecture and 5-link independent rear suspension, the Genesis Coupe was truly built with the driving enthusiast in mind." Each year, to determine the winners of the Popular Mechanics Automotive Excellence Awards, editors drive more than 100 of the newest cars, trucks and sport-utility vehicles, amassing well over 100,000 miles in the process. Through their experiences on extended test drives around the world, instrumented comparison tests and longer-term evaluations, the auto team nominates a list of vehicles in each category. Those selections are put to a vote and the top recipients in each category win an Automotive Excellence Award. The auto team is led by Automotive Editor Ben Stewart, working with Senior Automotive Editor Mike Allen, Detroit Editor Larry Webster and Editor-in-Chief James Meigs. POPULAR MECHANICS Popular Mechanics (http://www.popularmechanics.com) is a magazine that helps readers master the modern world. In addition to providing hands-on coverage of personal technology, cars and home improvement, Popular Mechanics reports in depth on the science and technology behind major issues -- including such stories as disaster planning, hydrogen fuel and other energy alternatives, military expenditures, and digital privacy. Popular Mechanics is published by Hearst Magazines, a unit of Hearst Corporation (http://www.hearst.com) and one of the world's largest publishers of monthly magazines. HYUNDAI MOTOR AMERICA Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 790 dealerships nationwide. Hyundai's all-new flagship, the Genesis sedan, earned the most top-car honors in 2009 beginning with the 2009 North American Car of the Year – the first time a Korean brand has ever achieved the honor. At last count, Genesis tallied more than 20 top honors from the most prominent media outlets and automotive organizations in North America including, J.D. Power and Associates, Motor Trend, AutoPacific, Cars.com and other leading consumer publications. All Hyundai vehicles sold in the U.S. are covered by The Hyundai Advantage, America's Best Warranty. In addition, Hyundai Assurance is now offered on all new vehicles leased or purchased from a certified Hyundai dealer. The program is available to any consumer, regardless of age, health, employment record or financed amount of the vehicle. The program is complimentary for the first 12 months. This content has passed through fivefilters.org.  This posting includes an audio/video/photo media file: Download Now |
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