Automotive

Edmunds ads had to go or THEY would, said dealers

Edmunds.com just introduced a series of commercials and YouTube videos about haggling auto dealers that many dealers found insulting. What Edmunds thought was a humorous marketing of its Price Promise no-haggle car-buy system some dealers called  an insulting re-enactment of outdated stereotypes, according to AdAge.  Dealers said the ads could end or their relationship with Edmunds would. The...

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Cars.com’s Golub, Swislow resign

Mitch Golub, president of Cars.com, and the automotive giant’s first employee, is leaving the company in March. Another one of its first executives, Bill Swislow, is saying goodbye as well. “Mitch will continue on in advisory role until March 1,  as Alex Vetter and Dan Jauernig transition into their new positions,” a company representative told us by email. ” Bill...

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What’s Patrick Grove up to? Catcha offloading iCar Asia, iProperty

Patrick Grove’s Kuala Lumpur-based Rev Asia (formerly Catcha Media) yesterday received shareholder approval to sell its 27.2 percent stake in iCar Asia and, according to Australian press, his Catcha Group is also looking to offload its shares in iProperty. (Read Australia’s Property Observer’s article here.) Rev Asia had announced its intentions to sell its stake in iCar Asia...

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Fox to become NADA CEO, chair

Bill Fox, an auto dealer in upstate New York, and this year’s vice chair at the National Automobile Dealers Association (NADA) is to become its CEO and chair effective 2015. Here’s the announcement: Bill Fox Elected NADA Chairman for 2015 Upstate New York auto dealer and current vice chairman to lead national trade association; Jeff Carlson elected next vice chairman SCOTTSDALE,...

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Big Data at AutoTrader.com: A WSJ view

Want to know how and why to use Big Data? Here’s an article about a great use by AutoTrader.com (U.S.), following up on our coverage in the Big Data issue of Classified Intelligence Report. The Wall Street Journal reporter Clint Boulton, writing for the paper’s “CIO Journal,” details the ways AutoTrader.com uses the data management tool Hadoop to gather data and software analytics tool...

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Providence: Buying majority of RentPath?

Providence Equity Partners, fresh off a terrific win in the classified field, may be buying another major classified company, RentPath, Inc., operator of ApartmentGuide.com, Rent.com and other classified sites. Providence tripled its money in just three years when it bought a 25 percent stake in AutoTrader.com from Cox Enterprises. It sold that stake in late 2013. Reuters reported yesterday that...

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