Top Independent Auctions Form New Company

AuctionEdge, a start-up Seattle-based firm, has bought Auction Pipeline and its competitor, AutoLookout, with the help of investors from across the auction industry.

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California Auto Lender Boosts Credit Line

Sunwest Bank announced that it has increased the revolving credit line for Tidalwave Finance Corp. of Santa Ana, Calif., to $6 million in recognition of the company's success and strong financi...

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Group One Adds Stores

Group 1 Automotive, Inc., a Fortune 500 automotive retailer, announced on May 14 the acquisition of a Honda franchise and a Volkswagen franchise in the Panama City, Fla., market that are expect...

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Social Media Critical to Car Shoppers

A recent survey shows that automotive dealerships need to increase engage car shoppers on social networks and review sites during the car buying process.

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